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Navi Finserv
3.1
based on 96 Reviews
Company Overview
Associated Companies
Company Locations
Working at Navi Finserv
Company Summary
Overall Rating
3.1/5
based on 96 reviews
Highly rated for
Salary
Critically rated for
Job security, Work satisfaction, Work-life balance
Work Policy
Work from office
70% employees reported
Monday to Saturday
54% employees reported
Flexible timing
61% employees reported
No travel
57% employees reported
View detailed work policy
Top Employees Benefits
Free meal
4 employees reported
Office cab/shuttle
2 employees reported
Cafeteria
2 employees reported
Health insurance
2 employees reported
View all benefits
About Navi Finserv
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websitenavi.com
Primary Industry
--
Other Industries
--
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Navi Finserv Ratings
based on 96 reviews
Overall Rating
3.1/5
How AmbitionBox ratings work?
5
32
4
16
3
14
2
7
1
27
Category Ratings
3.8
Salary
2.9
Skill development
2.9
Promotions
2.8
Company culture
2.8
Work-life balance
2.8
Work satisfaction
2.3
Job security
Navi Finserv is rated 3.1 out of 5 stars on AmbitionBox, based on 96 company reviews.This rating reflects an average employee experience, indicating moderate 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 Navi Finserv
based on 93 reviews
3.7
Rated by 19 Women
Rated 4.0 for Salary and 3.2 for Work satisfaction
3.1
Rated by 74 Men
Rated 3.8 for Salary and 2.9 for Skill development
Work Policy at Navi Finserv
based on 20 reviews in last 6 months
Work from office
70%
Permanent work from home
15%
Hybrid
15%
Navi Finserv Reviews
Top mentions in Navi Finserv Reviews
+ 3 more
Compare Navi Finserv with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.1/5 based on 96 reviews | 4.0/5 based on 38.5k reviews | 3.9/5 based on 40k reviews | 4.0/5 based on 9.4k reviews |
Highly Rated for | Salary | Job security Skill development Company culture | Job security Skill development | Salary Skill development Job security |
Critically Rated for | Job security Work-life balance Company culture | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 70% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.7 Good rated by 19 women | 3.9 Good rated by 10.2k women | 3.7 Good rated by 8.4k women | 3.8 Good rated by 811 women |
Rating by Men Employees | 3.1 Average rated by 74 men | 4.0 Good rated by 26.5k men | 3.9 Good rated by 29.6k men | 4.0 Good rated by 8.1k men |
Job security | 2.3 Poor | 4.1 Good | 4.0 Good | 3.8 Good |
View more
Navi Finserv Salaries
Navi Finserv salaries have received with an average score of 3.8 out of 5 by 96 employees.
Collections Executive
(16 salaries)
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₹2.3 L/yr - ₹4.5 L/yr
Agency Manager
(10 salaries)
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₹3.5 L/yr - ₹6 L/yr
SME
(7 salaries)
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₹5.1 L/yr - ₹8.5 L/yr
Software Engineer
(7 salaries)
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₹21.5 L/yr - ₹56 L/yr
Operations Executive
(7 salaries)
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₹3 L/yr - ₹5.5 L/yr
Tele Collection Executive
(6 salaries)
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₹3.9 L/yr - ₹4.4 L/yr
Team Lead
(6 salaries)
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₹4.8 L/yr - ₹7 L/yr
Relationship Manager
(6 salaries)
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₹4 L/yr - ₹9.2 L/yr
Credit Manager
(5 salaries)
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₹3.4 L/yr - ₹19.4 L/yr
Regional Collection Manager
(5 salaries)
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₹9.9 L/yr - ₹23 L/yr
Navi Finserv News
View all
Sachin Bansal Resigns As Chief Executive Officer Of Navi Technologies
- Sachin Bansal has resigned from his post of chief executive officer of Navi Technologies Ltd.
- Rajiv Naresh and Abhishek Dwivedi have been appointed as the new CEOs of Navi Technologies and Navi Finserv, respectively.
- The restructuring aims to focus on long-term growth and expand operations.
- Navi Group offers various financial services and solutions in lending, payments, asset management, and general insurance.
Bloomberg Quint | 15 Feb, 2025
Navi founder and CEO Sachin Bansal Steps down, company appoints new CEOs
- Navi Group has appointed Rajiv Naresh as the new CEO of Navi Technologies Limited and Abhishek Dwivedi as the new CEO of Navi Finserv Limited.
- The founder, Sachin Bansal, will step down as CEO but remain executive chairman, focusing on guiding the group's direction and strategy.
- The appointments of Naresh and Dwivedi aim to make Navi a key player in financial services, with Naresh managing non-lending businesses and Dwivedi leading lending operations.
- The leadership change is a strategic milestone to sharpen the focus on long-term growth and improve company performance.
VIE Stories | 15 Feb, 2025
Navi founder and CEO Sachin Bansal resigns, company appoints new CEOs
- Navi Group has named Rajiv Naresh as CEO of Navi Technologies Ltd. and Abhishek Dwivedi as CEO of Navi Finserv Ltd.
- Both Naresh and Dwivedi have been part of Navi's founding team for six years and have held various senior roles within the company.
- The Reserve Bank of India recently lifted a temporary restriction on Navi Finserv's lending, allowing the company to resume loan approvals.
- Founder Sachin Bansal will step down as CEO and focus on guiding the group's overall direction and strategy as executive chairman.
ISN | 15 Feb, 2025
Navi Group's Founding Members To Take Reigns Of Two Units As CEOs
- Sachin Bansal-promoted Navi Group has appointed Rajiv Naresh as the CEO of Navi Technologies Ltd. and Abhishek Dwivedi as the CEO of Navi Finserv Ltd.
- Sachin Bansal will continue to serve as the executive chairman of the Navi Group.
- Navi Finserv, which was under RBI's restriction, had the restriction lifted in December 2024.
- This restructuring allows Navi Group to focus on long-term growth, with Bansal focusing on strategic vision, fund-raising, and risk management, along with driving Navi's tech segment.
Bloomberg Quint | 14 Feb, 2025
Navi’s Sachin Bansal Steps Down From CEO Role
- Sachin Bansal has stepped down from the role of CEO of Navi Technologies and Navi Finserv.
- Rajiv Naresh has been appointed as the CEO of Navi Technologies and Abhishek Dwivedi as the CEO of Navi Finserv.
- Bansal will continue to be the executive chairman of the Navi Group.
- Bansal will focus on Navi's long-term strategies, expansion opportunities, fundraising, and enhancing compliance and risk management.
Inc42 | 14 Feb, 2025
Sachin Bansal hands over CEO role; transitions to Executive Chairman
- Sachin Bansal, co-founder of Navi Group, will step down as CEO of Navi Technologies Limited (NTL) and Navi Finserv Limited (NFL).
- Bansal will transition to the role of Executive Chairman, while Rajiv Naresh and Abhishek Dwivedi will assume the positions of CEOs for NTL and NFL respectively.
- Naresh will oversee non-lending businesses, and Dwivedi will helm NFL's lending operations.
- Bansal, who co-founded Flipkart before launching Navi in 2019, will focus on the group's long-term vision, fundraising, mergers and acquisitions, and technology innovation.
Yourstory | 14 Feb, 2025
Sachin Bansal quits as CEO of Navi; new chiefs appointed for Navi Tech and Finserv
- Navi has appointed Rajiv Naresh as the new CEO of Navi Technologies Limited and Abhishek Dwivedi as the new CEO of Navi Finserv Limited.
- Sachin Bansal, the existing CEO, will transition to the role of Executive Chairman of the Navi Group.
- Bansal will focus on Navi’s long-term strategy, expansion, fundraising, mergers and acquisitions, and improving compliance and risk management.
- After the restructuring, Abhishek will lead lending businesses, while Rajiv will handle non-lending businesses at Navi Group.
Entrackr | 14 Feb, 2025
Navi Finserv raised over Rs 1,200 Cr since RBI lifted the lending ban
- Navi Finserv has raised over Rs 1,200 crore ($144 million) since December 2024, after receiving regulatory approval to resume lending.
- Navi Finserv executed a securitisation transaction worth Rs 295 crore, rated AAA by an undisclosed credit rating agency.
- The RBI lifted the lending ban imposed on Navi Finserv on December 2, 2024, after the company committed to improved processes and systems.
- At the Lenders Summit, Navi Finserv outlined its strategic vision and industry leaders shared insights on emerging trends in the financial sector.
Yourstory | 27 Jan, 2025
Navi Finserv Reduces Loan Interest Rates to 26% After RBI Restrictions
- Navi Finserv has reduced its maximum personal loan interest rate from 35% to 26% following RBI restrictions.
- The change in interest rates aligns with the company's commitment to the RBI and allows it to resume lending operations.
- Previously, Navi bundled flat interest rates with fees and charges, but the new policy separates interest rates and reduces the overall cost of borrowing.
- The revised 26% interest rate serves as a ceiling, with borrowers of higher creditworthiness eligible for lower rates.
VIE Stories | 11 Dec, 2024
Navi Finserv Resumes Operations After RBI Lifts Restrictions
- The Reserve Bank of India (RBI) has lifted the restrictions imposed on Navi Finserv, the lending company owned by Sachin Bansal.
- The restrictions were lifted after Navi Finserv implemented significant changes to its operations in response to regulatory guidelines.
- Navi Finserv has committed to ensuring compliance with regulatory standards, especially regarding fair loan pricing.
- Sachin Bansal expresses gratitude to the RBI and emphasizes the company's commitment to compliance and operational excellence.
VIE Stories | 3 Dec, 2024
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Navi Finserv FAQs
Does Navi Finserv have good work-life balance?
Navi Finserv has a work-life balance rating of 2.8 out of 5 based on 90+ employee reviews on AmbitionBox. 50% employees rated Navi Finserv 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Navi Finserv work-life balance reviews for more details
Is Navi Finserv good for career growth?
Career growth at Navi Finserv is rated as poor, with a promotions and appraisal rating of 2.9. 50% employees rated Navi Finserv 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Navi Finserv reviews for more detailed insights.
What are the pros and cons of working in Navi Finserv?
Working at Navi Finserv comes with several advantages and disadvantages. It is highly rated for salary & benefits. However, it is poorly rated for job security, work satisfaction and work life balance, based on 90+ employee reviews on AmbitionBox.
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