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Engaged Employer
Poonawalla Fincorp
3.8
based on 1.7k Reviews
Company Overview
Associated Companies
Company Locations
Working at Poonawalla Fincorp
Company Summary
Overall Rating
3.8/5
based on 1.7k reviews
4% below
industry average
Critically rated for
Promotions
Work Policy
Work from office
82% employees reported
Monday to Saturday
48% employees reported
Flexible timing
51% employees reported
Within city
49% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
87 employees reported
Health insurance
57 employees reported
Professional degree assistance
19 employees reported
Cafeteria
11 employees reported
View all benefits
About Poonawalla Fincorp
Founded in1989 (36 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitepoonawallafincorp.com
Primary Industry
Other Industries
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Poonawalla Fincorp Limited brings a customized suite of transparent, quick, and hassle-free Loan offerings and Insurance, to empower our customers fulfil their aspirations with ease. Every big or small dream, aspiration and goal is just a step away with Poonawalla Fincorp! Leading with the brand legacy of trust, integrity, transparency, and excellence, we are proud to have inspired over millions of customers. Understanding our customer’s diverse needs, our financial solutions are designed to offer quick, hassle-free, and transparent loan offerings and services. Our combined digital capabilities and wide suite of offerings with Competitive Interest Rate, No Hidden Charges, Flexible Tenure and Zero Foreclosure charges, we are ready to serve you through an extended network of branches across India.
Poonawalla Fincorp Ratings
based on 1.7k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
821
4
411
3
214
2
74
1
156
Category Ratings
3.7
Salary
3.7
Skill development
3.6
Company culture
3.6
Work-life balance
3.5
Job security
3.5
Work satisfaction
3.3
Promotions
Poonawalla Fincorp is rated 3.8 out of 5 stars on AmbitionBox, based on 1.7k 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 Poonawalla Fincorp
based on 1.6k reviews
3.5
Rated by 195 Women
Rated 3.5 for Salary and 3.5 for Skill development
3.9
Rated by 1.4k Men
Rated 3.8 for Salary and 3.7 for Skill development
Work Policy at Poonawalla Fincorp
based on 136 reviews in last 6 months
Work from office
82%
Hybrid
16%
Permanent work from home
2%
Poonawalla Fincorp Reviews
Top mentions in Poonawalla Fincorp Reviews
+ 5 more
Compare Poonawalla Fincorp with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 1.7k reviews | 4.0/5 based on 37.4k reviews | 3.9/5 based on 38.5k reviews | 4.0/5 based on 9k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | Salary Skill development Job security |
Critically Rated for | Promotions | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.5 Good rated by 195 women | 3.9 Good rated by 9.9k women | 3.7 Good rated by 8k women | 3.8 Good rated by 766 women |
Rating by Men Employees | 3.9 Good rated by 1.4k men | 4.0 Good rated by 25.8k men | 3.9 Good rated by 28.6k men | 4.0 Good rated by 7.7k men |
Job security | 3.5 Good | 4.1 Good | 4.0 Good | 3.8 Good |
View more
Poonawalla Fincorp Salaries
Poonawalla Fincorp salaries have received with an average score of 3.7 out of 5 by 1.7k employees.
Area Credit Manager
(234 salaries)
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₹5 L/yr - ₹20 L/yr
Senior Field Officer
(187 salaries)
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₹1.6 L/yr - ₹4.6 L/yr
Credit Manager
(141 salaries)
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₹4.2 L/yr - ₹10.1 L/yr
Relationship Manager
(133 salaries)
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₹2.4 L/yr - ₹7 L/yr
Area Sales Manager
(119 salaries)
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₹5 L/yr - ₹19.8 L/yr
Branch Manager
(94 salaries)
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₹3.5 L/yr - ₹11 L/yr
Deputy Manager
(90 salaries)
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₹4.4 L/yr - ₹11 L/yr
Branch Sales Manager
(72 salaries)
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₹4 L/yr - ₹10.2 L/yr
Operations Executive
(65 salaries)
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₹1.7 L/yr - ₹4.2 L/yr
Collection Officer
(60 salaries)
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₹1.8 L/yr - ₹3.6 L/yr
Poonawalla Fincorp Interview Questions
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Top Poonawalla Fincorp interview questions and answers
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Poonawalla Fincorp Jobs
Poonawalla Fincorp News
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Poonawalla Fincorp’s Extensive AI-Driven HR Transformation
- AI is transforming HR processes at Poonawalla Fincorp, reducing recruitment time and improving candidate experiences.
- Poonawalla Fincorp incorporates AI to automate recruitment, matching resumes to job descriptions and handling job listings.
- The company implements an AI-powered WhatsApp bot system to provide employees with quick access to HR information.
- AI ensures objective hiring decisions, reducing unconscious bias and promoting a more diverse and skilled workforce.
Medium | 27 Dec, 2024
Poonawalla Fincorp pioneers AI integration in HR operations
- Poonawalla Fincorp has integrated Artificial Intelligence (AI) into its HR operations.
- The integration of AI has resulted in a 90% reduction in the time taken to finalize job offers.
- AI tools streamline document verification, candidate screening, and job postings, enhancing recruitment efficiency and accuracy.
- Poonawalla Fincorp is developing a WhatsApp-powered AI bot to address employee queries and assess skills.
HRKatha | 23 Dec, 2024
Poonawalla Fincorp's New Management Faces An AUM Growth Task
- Poonawalla Fincorp's new management is facing a challenge to achieve growth in Assets Under Management (AUM).
- Despite AUM growth, the company's stock performance has been poor, declining 18% in fiscal 2025.
- The management is relying on 10 businesses to drive AUM growth.
- Poonawalla Fincorp witnessed a dip in asset quality in the second quarter of fiscal 2025.
Bloomberg Quint | 20 Dec, 2024
Poonawalla Fincorp appoints Salil Hajarnis as Chief Technology Officer
- Poonawalla Fincorp has appointed Salil Hajarnis as Chief Technology Officer.
- Salil will lead the company’s technology strategy, focusing on digital transformation and AI-driven customer solutions.
- With over two decades of experience, Salil has delivered impactful results in technology leadership roles.
- His expertise includes AI, enterprise architecture, digital innovation, and executing large-scale technology transformations.
HinduBusinessLine | 10 Dec, 2024
Poonawalla Fincorp’s CTO Dhiraj Saxena Resigns Alleging Workplace Harassment
- Dhiraj Saxena, CTO of Poonawalla Fincorp, resigns citing workplace harassment.
- Saxena's resignation letter alleges harassment and unnecessary interventions by the company's CHRO.
- The allegations draw attention to the CHRO, Harsh Kumar, who joined Poonawalla Fincorp recently.
- Concerns about workplace dynamics at Poonawalla Fincorp and its impact on team morale arise.
All Things Talent | 10 Dec, 2024
Salil Hajarnis Joins Poonawalla Fincorp As CTO
- Salil Hajarnis has been appointed as the Chief Technology Officer (CTO) of Poonawalla Fincorp.
- This follows the resignation of Dhiraj Saxena, the ex-CTO, due to alleged harassment by the company's Chief Human Resources Officer.
- Saxena's resignation was effective from December 3rd.
- Hajarnis brings over 20 years of experience in technology leadership and has previously worked with Fiserv India and Capgemini.
Bloomberg Quint | 10 Dec, 2024
Dhiraj Saxena Resigns as CTO of Poonawalla Fincorp, Alleging Harassment from CHRO
- Dhiraj Saxena, CTO of Poonawalla Fincorp, resigns citing harassment from CHRO.
- Saxena submitted his resignation on September 6, and it became effective on December 3.
- He alleged that harassment and interventions by the CHRO affected his ability to manage IT operations.
- Poonawalla Fincorp is yet to release an official statement addressing Saxena's allegations.
VIE Stories | 9 Dec, 2024
Poonawalla Fincorp's CTO Dhiraj Saxena resigns amid allegations of harassment
- Dhiraj Saxena, the Chief Technology Officer (CTO) of Poonawalla Fincorp Limited, has resigned citing alleged harassment by the company's Chief Human Resources Officer (CHRO).
- Saxena's resignation, submitted in September, became public through a regulatory filing on December 6.
- In his resignation letter, Saxena mentioned the 'harassment and unnecessary interventions' by CHRO Harsh Kumar as the reason for his departure.
- Poonawalla Fincorp has not yet issued an official statement addressing these claims.
ISN | 9 Dec, 2024
Poonawalla Fincorp CTO Resigns Citing Harassment by Company's Chief HR
- Poonawalla Fincorp's CTO, Dhiraj Saxena, has resigned, citing harassment by the company's CHRO.
- Saxena's resignation was officially submitted on September 6 and is effective from December 3.
- Saxena mentioned that the harassment and interventions from the CHRO negatively impacted team morale and operational efficiencies.
- Poonawalla Fincorp's stock prices fell over 3% following Saxena's resignation announcement.
Startup Pedia | 9 Dec, 2024
Poonawalla Fincorp CTO Dhiraj Saxena Resigns Amid Harassment By HR Head
- Poonawalla Fincorp CTO Dhiraj Saxena resigned due to alleged harassment by the HR head.
- Saxena cited harassment and unnecessary interventions that affected his ability to manage the IT function effectively.
- The resignation has caused unrest in the team and impacted IT delivery.
- Saxena mentioned that he tried to collaborate but it didn't align with the HR policy.
Bloomberg Quint | 7 Dec, 2024
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Poonawalla Fincorp Subsidiaries
Magma HDI General Insurance
3.8
• 369 reviews
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Poonawalla Fincorp FAQs
When was Poonawalla Fincorp founded?
Poonawalla Fincorp was founded in 1989. The company has been operating for 36 years primarily in the NBFC sector.
Where is the Poonawalla Fincorp headquarters located?
Poonawalla Fincorp is headquartered in Mumbai, Maharashtra.
How many employees does Poonawalla Fincorp have in India?
Poonawalla Fincorp currently has more than 5,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Poonawalla Fincorp based on the number of reviews submitted on AmbitionBox.
Does Poonawalla Fincorp have good work-life balance?
Poonawalla Fincorp has a Work-Life Balance Rating of 3.6 out of 5 based on 1,600+ employee reviews on AmbitionBox. 74% employees rated Poonawalla Fincorp 4 or above, while 26% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Poonawalla Fincorp work-life balance reviews for more details
Is Poonawalla Fincorp good for career growth?
Career growth at Poonawalla Fincorp is rated as moderate, with a promotions and appraisal rating of 3.3. 26% employees rated Poonawalla Fincorp 3 or below, while 74% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Poonawalla Fincorp promotions/appraisals reviews for more detailed insights.
What are the cons of working in Poonawalla Fincorp?
Working at Poonawalla Fincorp does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 1,600+ employee reviews on AmbitionBox.
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