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Manappuram Finance
4.0
based on 4k Reviews
Company Overview
Associated Companies
Company Locations
Working at Manappuram Finance
Company Summary
Manappuram Finance is a Kerela-based NBFC that provides Online Gold loans at low-Interest rates, with No Hidden Charges and Minimum Documentation.
Overall Rating
4.0/5
based on 4k reviews
8% above
industry average
Highly rated for
Skill Development, Promotions/Appraisal
Work Policy
Work from office
88% employees reported
Monday to Saturday
90% employees reported
Strict timing
62% employees reported
Within city
51% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
161 employees reported
Health insurance
78 employees reported
Professional degree assistance
50 employees reported
Office cab/shuttle
36 employees reported
View all benefits
About Manappuram Finance
Founded in1949 (75 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersThrissur/Trichur, Kerala, India
Office Locations
--
Websitemanappuram.com
Primary Industry
Other Industries
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Manappuram Finance Ltd. is one of India’s leading gold loan NBFCs. Promoted by Shri. V.P. Nandakumar, the current MD & CEO, its origins go back to 1949 when it was founded in the coastal village of Valapad (Thrissur District) by his late father Mr. V.C. Padmanabhan. The firm was involved in pawn broking and money lending carried out on a modest scale. Shri Nandakumar took over the reins in 1986 after his father expired. Since then, it has been a story of unparalleled growth with many milestones crossed. Incorporated in 1992, Manappuram Finance Ltd. has grown at a rapid pace. Today, it has 3,747 branches across 28 states/UTs with assets under management (AUM) of nearly Rs.13,0140 million and a workforce of 19,372.
Mission: Manappuram Finance Limited is dedicated to the mission of bringing convenience to people’s lives and making their lives easier. We offer secured and unsecured credit to meet their varied financial needs from instant gold loans to microfinance, affordable home loans, vehicle finance and more.
Vision: To become the preferred choice of financial services partner for India’s aspiring classes, meeting the full range of their credit requirements, and helping India become a financially inclusive society where every citizen has ready access to formal channels of finance.
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Manappuram Finance Subsidiaries
Asirvad Microfinance
3.9
• 737 reviews
Manappuram Home Finance
4.0
• 180 reviews
Manappuram Comptech and Consultants
3.2
• 32 reviews
Manappuram Insurance Brokers
3.7
• 21 reviews
Manappuram chits
3.8
• 8 reviews
Manappuram Jewellers
4.6
• 7 reviews
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Manappuram Finance Ratings
based on 4k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1.9k
4
1k
3
502
2
198
1
403
Category Ratings
3.8
Skill Development
3.8
Promotions/Appraisal
3.7
Work-Life Balance
3.7
Job Security
3.7
Salary & Benefits
3.7
Company Culture
3.7
Work Satisfaction
Manappuram Finance is rated 4.0 out of 5 stars on AmbitionBox, based on 4k 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
Gender Based Ratings at Manappuram Finance
based on 3.7k reviews
3.9
Rated by 464 Women
Rated 3.8 for Skill Development and 3.8 for Career Growth
4.0
Rated by 3.2k Men
Rated 3.8 for Skill Development and 3.8 for Career Growth
Work Policy at Manappuram Finance
based on 362 reviews in last 6 months
Work from office
88%
Permanent work from home
7%
Hybrid
5%
Manappuram Finance Reviews
Top mentions in Manappuram Finance Reviews
+ 5 more
Compare Manappuram Finance with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.0/5 based on 4k reviews | 4.1/5 based on 6.8k reviews | 3.6/5 based on 4.7k reviews | 4.0/5 based on 6.2k reviews |
Highly Rated for | Skill development Promotion/Appraisals | Job Security Work-Life balance Skill development | No highly rated category | Salary & Benefits Skill development Job Security |
Critically Rated for | No critically rated category | No critically rated category | Promotion/Appraisals Work Satisfaction Salary & Benefits | No critically rated category |
Primary Work Policy | Work from office 88% employees reported | Work from office 88% employees reported | Work from office 92% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.9 Good rated by 464 women | 4.1 Good rated by 632 women | 3.8 Good rated by 872 women | 4.0 Good rated by 553 women |
Rating by Men Employees | 4.0 Good rated by 3.2k men | 4.1 Good rated by 5.7k men | 3.6 Good rated by 3.6k men | 4.0 Good rated by 5.3k men |
Job Security | 3.7 Good | 4.1 Good | 3.7 Good | 3.9 Good |
View more
Manappuram Finance Salaries
3.7
rated by 4k employees for salariesBranch Head
(533 salaries)
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₹1.4 L/yr - ₹5.3 L/yr
Junior Assistant
(442 salaries)
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₹0.5 L/yr - ₹5 L/yr
Assistant Branch Head
(262 salaries)
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₹1 L/yr - ₹4 L/yr
Branch Manager
(220 salaries)
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₹1.8 L/yr - ₹6 L/yr
Senior Assistant
(212 salaries)
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₹1.3 L/yr - ₹4 L/yr
Junior Officer
(209 salaries)
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₹1.1 L/yr - ₹5 L/yr
Relationship Officer
(184 salaries)
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₹1.6 L/yr - ₹4.2 L/yr
Area Manager
(155 salaries)
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₹2.8 L/yr - ₹7 L/yr
Assistant Branch Manager
(153 salaries)
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₹1 L/yr - ₹4 L/yr
Palo Alto TAC Engineer
(148 salaries)
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₹5.9 L/yr - ₹7.6 L/yr
Manappuram Finance Interview Questions
Interview questions by designation
Top interview questions and answers
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Interview Process at Manappuram Finance
based on 38 interviews in last 1 year
Interview Experience
3.9
Good
Difficulty level
Easy
41%
Moderate
50%
Hard
9%
People are getting interviews through
based on 91 Manappuram Finance interviews
Walkin
31%
Referral
22%
Job Portal
16%
Company Website
12%
*19% candidates got the interview through other sources
High confidence
Manappuram Finance Jobs
Manappuram Finance News
Manappuram Group to recruit over 5,000
- Manappuram Group plans to recruit over 5,000 employees across India.
- The job openings span multiple roles within Manappuram Finance, Asirvad Microfinance, and its subsidiaries.
- Available positions include junior assistant, field assistant, operations assistant, and housekeeping roles.
- Interested individuals can apply through the official website of Manappuram Finance in the 'careers section'.
HRKatha | 21 Nov, 2024
Manappuram Finance Says No Discomfort From Lenders On Asirvad, Collections Key
- Manappuram Finance has stated that lenders have not expressed any discomfort with its subsidiary Asirvad Microfinance, despite the lending restrictions imposed by the RBI.
- The company's focus will be on collections, with plans to implement advanced tracking systems and increase the number of loan officers.
- Asirvad Microfinance was barred from conducting lending operations by the RBI due to material supervisory concerns on high lending rates.
- Manappuram Finance expects repayments of Asirvad to improve from January-March and assures a reduction in rates to comply with regulations.
Bloomberg Quint | 6 Nov, 2024
Manappuram Finance post 2% rise in Q2 net profit at ₹572 crore
- Manappuram Finance reported a 2% rise in Q2 net profit at ₹572 crore.
- The consolidated assets under management (AUM) for Q2 reached ₹45,716.3 crore, with a 17.4% YoY increase.
- The standalone net profit for the quarter, excluding subsidiaries, was ₹474.9 crore.
- The company's gold loan portfolio saw a 17.1% increase to ₹24,365 crore.
HinduBusinessLine | 6 Nov, 2024
Manappuram Finance Q2 Results Review - Rising Delinquencies A Concern, PAT Inline: Dolat Capital
- Manappuram Finance Q2 Results Review - Rising Delinquencies A Concern, PAT Inline: Dolat Capital
- The impact of embargo on Asirvad book will reflect in subsequent quarters, says the brokerage and maintains 'Reduce' rating on the stock.
- Dolat Capital expresses concern over rising delinquencies but notes that the PAT (Profit After Tax) is in line with expectations.
- Manappuram Finance Q2 results review highlights rising delinquencies as a concern while the brokerage maintains a 'Reduce' rating on the stock.
Bloomberg Quint | 6 Nov, 2024
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