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Reliance Money
3.7
based on 254 Reviews
Video summary
Company Overview
Company Locations
Working at Reliance Money
Company Summary
Reliance Money focuses on providing financial solutions to empower small and medium enterprises in India, facilitating access to capital and promoting self-reliance.
Overall Rating
3.7/5
based on 254 reviews
3% below
industry average
Critically rated for
Promotions, Work satisfaction, Job security
Work Policy
Work from office
53% employees reported
Monday to Saturday
39% employees reported
Flexible timing
61% employees reported
Within city
41% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
11 employees reported
Health insurance
10 employees reported
Office cab/shuttle
8 employees reported
Cafeteria
6 employees reported
View all benefits
About Reliance Money
Founded in2006 (19 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websitereliancemoney.co.in
Primary Industry
Other Industries
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View in video summary
In the rapidly progressing Indian economy, every individual plays a crucial role in driving growth. But despite the commendable contribution to the Nation's economy, a majority of Indians do not get access to formal sources of funds. We are here to enable the growth of every individual who empowers the growth of the nation.We have committed ourselves to the mission of making India independent, in its true sense by enabling every Small and Medium Enterprise (SME) & retail consumer realize their true potential and become self-reliant entities. For the last 9 years, through our customised and convenient financial solutions, we have helped create success stories out of over 4,00,000 MSMEs across the country and disbursed over Rs 88,000 crores to them.By empowering our customers and helping them realise their business dreams, we hope to power India's journey towards self-reliance.Retaining the core values of Reliance Commercial Finance Ltd., we have now adopted a new brand name to signify our wide range of financial solutions that cater to our customer's evolving financial needs.
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Reliance Money Ratings
based on 254 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
131
4
60
3
24
2
15
1
24
Category Ratings
3.6
Salary
3.5
Company culture
3.5
Work-life balance
3.4
Skill development
3.3
Job security
3.3
Work satisfaction
3.0
Promotions
Reliance Money is rated 3.7 out of 5 stars on AmbitionBox, based on 254 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 Reliance Money
based on 235 reviews
4.5
Rated by 33 Women
Rated 4.4 for Work-life balance and 4.2 for Skill development
3.6
Rated by 202 Men
Rated 3.5 for Salary and 3.4 for Work-life balance
Work Policy at Reliance Money
based on 23 reviews in last 6 months
Work from office
53%
Hybrid
34%
Permanent work from home
13%
Reliance Money Reviews
Top mentions in Reliance Money Reviews
+ 5 more
Compare Reliance Money with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 254 reviews | 3.6/5 based on 1.3k reviews | 3.6/5 based on 1.6k reviews | 3.9/5 based on 1.9k reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Job security Skill development |
Critically Rated for | Promotions Job security Work satisfaction | Promotions Work satisfaction Company culture | Promotions Skill development Salary | No critically rated category |
Primary Work Policy | Work from office 53% employees reported | Work from office 80% employees reported | Work from office 85% employees reported | Work from office 92% employees reported |
Rating by Women Employees | 4.5 Good rated by 33 women | 3.6 Good rated by 346 women | 3.6 Good rated by 360 women | 3.8 Good rated by 394 women |
Rating by Men Employees | 3.6 Good rated by 202 men | 3.6 Good rated by 910 men | 3.6 Good rated by 1.2k men | 3.9 Good rated by 1.4k men |
Job security | 3.3 Average | 3.6 Good | 3.6 Good | 4.0 Good |
View more
Reliance Money Salaries
Reliance Money salaries have received with an average score of 3.6 out of 5 by 254 employees.
Branch Collection Manager
(25 salaries)
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₹3.5 L/yr - ₹9.5 L/yr
Deputy Manager
(23 salaries)
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₹4.8 L/yr - ₹9 L/yr
Branch Credit Manager
(15 salaries)
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₹3.6 L/yr - ₹9.1 L/yr
Relationship Manager
(13 salaries)
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₹2.2 L/yr - ₹5 L/yr
Area Sales Manager
(13 salaries)
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₹16 L/yr - ₹27.5 L/yr
Operations Executive
(11 salaries)
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₹2 L/yr - ₹2.7 L/yr
Center Manager
(9 salaries)
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₹3 L/yr - ₹5.5 L/yr
MIS Executive
(8 salaries)
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₹2.1 L/yr - ₹3.3 L/yr
Branch Sales Manager
(8 salaries)
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₹4.5 L/yr - ₹9.5 L/yr
Area Collection Manager
(8 salaries)
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₹8 L/yr - ₹13.5 L/yr
Reliance Money News
View all
Reliance Consumer takes soft drink brand Campa Cola to UAE market
- Reliance Consumer Products Ltd (RCPL) is launching the Campa Cola soft drink brand in the UAE market through a partnership with Agthia Group.
- This marks RCPL's first entry into the UAE market and showcases their commitment to the region.
- RCPL acquired Campa Cola in 2022 and reintroduced it to the market in 2023.
- The launch of Campa Cola aims to attract new consumers in the UAE and create nostalgia among Indian expats.
HinduBusinessLine | 18 Feb, 2025
Reliance Consumer Acquires Tamil Nadu's FMCG Brand Velvette
- Reliance Consumer Products Ltd., the FMCG division of Reliance Retail Ventures Ltd., has acquired Tamil Nadu-based FMCG firm Velvette.
- Reliance Consumer Products plans to revive the Velvette brand of shampoos and introduce various products in the personal care portfolio.
- The strategic deal grants Reliance Consumer Products a perpetual license for Velvette, aligning with their commitment to revive heritage brands.
- Initially, Reliance Consumer will launch a range of shampoos under the Velvette brand in Tamil Nadu and later expand into other markets.
Bloomberg Quint | 14 Feb, 2025
20 NBFCs, Including Reliance Commercial Finance And IDFC, Surrender Certificates Of Registration To RBI
- Twenty non-banking financial companies (NBFCs), including Reliance Commercial Finance and IDFC Ltd., have surrendered their certificates of registration (CoR) to the Reserve Bank of India (RBI).
- Two NBFCs, Manoway Investments Pvt. Ltd. and Reliance Commercial Finance Ltd., surrendered their CoR as they exited the non-banking financial institution business.
- Sixteen entities, including IDFC Ltd. and IDFC Financial Holding Co. Ltd., surrendered their CoR because they ceased to be legal entities due to amalgamation or merger.
- Additionally, the RBI cancelled the CoR of 17 NBFCs with registered offices in West Bengal.
Bloomberg Quint | 14 Feb, 2025
Reliance Consumer Products acquires Velvette to revive iconic FMCG brand
- Reliance Consumer Products (RCPL) has acquired Velvette, a renowned FMCG brand.
- RCPL has obtained the perpetual license to use the brand across India.
- In the past months, RCPL acquired other heritage brands like Campa and Paragon.
- RCPL aims to revive the Velvette brand by manufacturing shampoos initially in Tamil Nadu and later expanding distribution nationwide.
HinduBusinessLine | 14 Feb, 2025
Reliance's Campa Gets Rs 200 crore IPL 2025 Co-Presenting Rights
- Reliance Consumer Products' Campa Cola has secured the co-presenting rights for the IPL 2025 season in a ₹200 crore deal, challenging Coca-Cola.
- Reliance will use the IPL to promote its sports drink, Spinner, and energy drink, RasKik Gluco Energy.
- Coca-Cola will continue sponsoring Chennai Super Kings and Kolkata Knight Riders while expanding its presence.
- Media buying executives expect ad revenue for IPL 2025 to rise by 8-10% from last year, reaching around ₹4,500 crore.
VIE Stories | 13 Feb, 2025
Stocks that will see action today: 11 February, 2025
- Indian Hotels Company to invest ₹2,500 crore in development of a new hotel in Mumbai.
- IndusInd International Holdings set to acquire debt-ridden Reliance Capital by February 26.
- Coffee Day Enterprises negotiating settlement with creditor IDBI Trusteeship Services.
- Reliance Consumer Products launches sports hydration drink Spinner in collaboration with Muttiah Muralitharan.
HinduBusinessLine | 11 Feb, 2025
Today Startup News 23 January 2025 From The Indian Startup Ecosystem
- Cancrie, a startup working on advanced nanocarbon materials for energy storage, has raised $1.2 million in a seed funding round led by Roots Ventures and IIMA Ventures.
- VuNet Systems, a digital transaction monitoring startup, has raised Rs 60 crore in the first close of its Series B funding round led by Pravega Ventures.
- Ati Motors, a company focused on AI and self-driving robots, has secured $20 million in Series B funding round led by Walden Catalyst Ventures.
- Reliance Consumer Products is set to acquire the packaged foods brand SIL Food India to strengthen its position in the FMCG market.
VIE Stories | 23 Jan, 2025
Reliance Consumer acquires Sil Foods brand
- Reliance Consumer, the FMCG arm of Reliance Industries, has acquired the Sil Foods brand.
- This acquisition is a significant milestone for RCPL in its aim to build a strong business foundation and revive India's heritage brands.
- The addition of Sil brand and its product range will complement Reliance Consumer's existing portfolio and strategy to buy and revitalize iconic brands.
- Reliance Consumer aims to reach a revenue of ₹10,000 crore through acquisitions, with brands like Campa and the Independence range contributing significantly.
HinduBusinessLine | 22 Jan, 2025
Reliance Consumer To Acquire SIL To Strengthen Its Position In FMCG Market
- Reliance Consumer Products is acquiring the packaged foods brand SIL Food India to strengthen its position in the FMCG market.
- The acquisition process has been completed, and SIL Food India mainly operates in the Western and Southern markets.
- Reliance Consumer Products plans to expand its distribution across India to compete with major FMCG companies like HUL, Tata Consumer, and Cremica.
- The acquisition will help RCPL grow its distribution network, offer competitive prices, and revitalize traditional brands.
VIE Stories | 22 Jan, 2025
Stocks that will see action today: January 7, 2025
- Coal India Ltd (CIL) and IREL (India) Ltd signed a non-binding MoU for mutual cooperation in critical mineral development.
- Persistent Systems acquires identified assets of Soho Dragon Solutions India Private Limited for $5.94 million.
- Manappuram Finance reports a robbery incident at its Sambalpur branch in Odisha, with an estimated loss of ₹20 crore.
- Reliance Consumer Products Ltd (RCPL) ventures into the re-hydrating beverage category to expand product offerings.
HinduBusinessLine | 7 Jan, 2025
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Reliance Money FAQs
When was Reliance Money founded?
Reliance Money was founded in 2006. The company has been operating for 19 years primarily in the Financial Services sector.
Where is the Reliance Money headquarters located?
Reliance Money is headquartered in Mumbai, Maharashtra and has an office in Bangalore / Bengaluru
How many employees does Reliance Money have in India?
Reliance Money currently has more than 100+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Reliance Money based on the number of reviews submitted on AmbitionBox.
Does Reliance Money have good work-life balance?
Reliance Money has a Work-Life Balance Rating of 3.5 out of 5 based on 200+ employee reviews on AmbitionBox. 75% employees rated Reliance Money 4 or above, while 25% 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 Reliance Money work-life balance reviews for more details
Is Reliance Money good for career growth?
Career growth at Reliance Money is rated as moderate, with a promotions and appraisal rating of 3.0. 25% employees rated Reliance Money 3 or below, while 75% 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 Reliance Money promotions/appraisals reviews for more detailed insights.
What are the cons of working in Reliance Money?
Working at Reliance Money does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and job security, based on 200+ employee reviews on AmbitionBox.
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