Add office photos
Employer?
Claim Account for FREE
Magma Housing Finance
4.4
based on 151 Reviews
Company Overview
Company Locations
Working at Magma Housing Finance
Company Summary
Magma Housing Finance specializes in offering home loans, targeting the rural populace to facilitate access to housing finance and address housing needs.
Overall Rating
4.4/5
based on 151 reviews
16% above
industry average
Highly rated for
Job security, Company culture, Work-life balance
Work Policy
Monday to Saturday
53% employees reported
Flexible timing
61% employees reported
Within city
63% employees reported
Day shift
98% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
8 employees reported
Job/Soft skill training
5 employees reported
Cafeteria
3 employees reported
Professional degree assistance
2 employees reported
View all benefits
About Magma Housing Finance
Founded in1989 (36 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersKolkata, West Bengal, India
Office Locations
--
Websitemagmahfc.co.in
Primary Industry
Other Industries
--
Are you managing Magma Housing Finance's employer brand? To edit company information,
claim this page for free
Since the commencement of the legacy in 1989, Magma has been driven by one single goal, investing in the smallest dream. We understand your dream and aim to be a stepping stone in realizing it, by providing home loans to help you create your very own dream home!A home loan every minute means a million lives touched every year. Today, we manage assets worth over Rs. 160 billion, yet for us this is just a humble beginning.Over 60% of the Indian population resides in rural areas. Our goal is to reach the household of every Indian at the grassroot level and turn it into a dream home. Consequently, more than 80% of our 270+ branches are located in semi-urban and rural India. Our 6900+ dedicated Magmaites promise unmatched support and guidance in procuring a home loan. This, along with an experience of over 25 years, has enabled us to serve the large masses that remain impervious to the traditional financial systems.
Managing your company's employer brand?
Claim this Company Page for FREE
Magma Housing Finance Ratings
based on 151 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
84
4
37
3
14
2
4
1
12
Category Ratings
4.1
Job security
4.0
Company culture
4.0
Work-life balance
4.0
Work satisfaction
3.9
Skill development
3.7
Salary
3.6
Promotions
Magma Housing Finance is rated 4.4 out of 5 stars on AmbitionBox, based on 151 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Magma Housing Finance Reviews
Top mentions in Magma Housing Finance Reviews
+ 5 more
Compare Magma Housing Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 151 reviews | 3.8/5 based on 6.7k reviews | 3.9/5 based on 6.4k reviews | 4.0/5 based on 9.7k reviews |
Highly Rated for | Job security Work-life balance Company culture | Work-life balance Job security | Job security Skill development Salary | Salary Skill development Job security |
Critically Rated for | No critically rated category | Promotions Skill development | Promotions | No critically rated category |
Primary Work Policy | - | Hybrid 84% employees reported | Hybrid 60% employees reported | Work from office 77% employees reported |
Rating by Women Employees | 4.2 Good rated by 6 women | 3.9 Good rated by 2.1k women | 3.8 Good rated by 2.2k women | 3.8 Good rated by 844 women |
Rating by Men Employees | 4.4 Good rated by 134 men | 3.8 Good rated by 4.4k men | 4.0 Good rated by 3.9k men | 4.0 Good rated by 8.3k men |
Job security | 4.1 Good | 3.9 Good | 4.0 Good | 3.8 Good |
View more
Magma Housing Finance Salaries
Magma Housing Finance salaries have received with an average score of 3.7 out of 5 by 151 employees.
Relationship Manager
(100 salaries)
Unlock
₹2.4 L/yr - ₹5.2 L/yr
Sales Manager
(22 salaries)
Unlock
₹3.6 L/yr - ₹10.4 L/yr
Branch Credit Manager
(22 salaries)
Unlock
₹4.7 L/yr - ₹12.5 L/yr
Technical Manager
(17 salaries)
Unlock
₹3.4 L/yr - ₹7.5 L/yr
Credit Manager
(14 salaries)
Unlock
₹3.5 L/yr - ₹10.5 L/yr
Credit Analyst
(13 salaries)
Unlock
₹3 L/yr - ₹3.8 L/yr
Senior Sales Executive
(11 salaries)
Unlock
₹2 L/yr - ₹4 L/yr
Branch Sales Manager
(9 salaries)
Unlock
₹6 L/yr - ₹8.5 L/yr
Assistant Credit Manager
(7 salaries)
Unlock
₹3.8 L/yr - ₹5.6 L/yr
Area Sales Manager
(7 salaries)
Unlock
₹7.8 L/yr - ₹12 L/yr
Compare Magma Housing Finance with
Motilal Oswal Financial Services
3.7
ICICI Securities
3.9
Aditya Birla Capital
3.9
Edelweiss
3.9
Sharekhan
3.8
The Muthoot Group
3.5
Bajaj Capital
3.7
JM Financial
3.7
TSYS|Total System Services
4.1
MSCI
3.9
Equiniti
3.7
Religare
3.8
Reliance Capital
3.6
Empower Retirement
3.8
Geojit Financial Services
3.7
Satya MicroCapital
3.6
Envestnet Asset Management
4.0
Nippon Life India Asset Management
4.5
Aditya Birla Housing Finance
3.8
Motilal Oswal
3.9
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Magma Housing Finance
JPMorgan Chase & Co.
Financial Services
3.9
• 6.4k reviews
Wells Fargo
Financial Services
3.8
• 6.7k reviews
Bajaj Finserv
Banking / Insurance / Accounting, Financial Services, FinTech
4.0
• 9.7k reviews
Motilal Oswal Financial Services
Financial Services
3.7
• 2.8k reviews
ICICI Securities
Financial Services
3.9
• 2k reviews
Aditya Birla Capital
Financial Services, NBFC
3.9
• 1.8k reviews
The Muthoot Group
Financial Services
3.5
• 1.2k reviews
Bajaj Capital
Financial Services
3.7
• 1.3k reviews
JM Financial
Financial Services
3.7
• 563 reviews
TSYS|Total System Services
Financial Services, FinTech
4.1
• 504 reviews
Magma Housing Finance FAQs
When was Magma Housing Finance founded?
Magma Housing Finance was founded in 1989. The company has been operating for 36 years primarily in the Financial Services sector.
Where is the Magma Housing Finance headquarters located?
Magma Housing Finance is headquartered in Kolkata, West Bengal.
How many employees does Magma Housing Finance have in India?
Magma Housing Finance currently has more than 9,500+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Magma Housing Finance based on the number of reviews submitted on AmbitionBox.
Does Magma Housing Finance have good work-life balance?
Magma Housing Finance has a work-life balance rating of 4.0 out of 5 based on 100+ employee reviews on AmbitionBox. 80% employees rated Magma Housing Finance 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Magma Housing Finance work-life balance reviews for more details
Is Magma Housing Finance good for career growth?
Career growth at Magma Housing Finance is rated fairly well, with a promotions and appraisal rating of 3.6. 80% employees rated Magma Housing Finance 4 or above, while 20% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Magma Housing Finance reviews for more detailed insights.
What are the pros of working in Magma Housing Finance?
Working at Magma Housing Finance offers several advantages that make it an appealing place for employees. The company is highly rated for job security, company culture and work life balance, based on 100+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
75 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
