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Shriram Finance
4.1
based on 6.9k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at Shriram Finance
Company Summary
The Shriram Finance Limited is one of the India’s leading NBFCs, with 8.22 Million private and corporate customers across India.
Overall Rating
4.1/5
based on 6.9k reviews
4% above
industry average
Highly rated for
Job security, Company culture, Work-life balance
Work Policy
Work from office
87% employees reported
Monday to Saturday
87% employees reported
Strict timing
51% employees reported
Within city
58% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
17 employees reported
Health insurance
10 employees reported
Office cab/shuttle
8 employees reported
Free meal
6 employees reported
View all benefits
About Shriram Finance
Founded in1979 (46 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count50k-1 Lakh
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteshriramfinance.in
Primary Industry
Other Industries
Shriram Finance is the country’s one of the biggest retail NBFC offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, personal and small business loans. We are part of the 49 year old Shriram Group, a financial conglomerate that has emerged as a trusted partner in creating transformative experiences and lasting impressions in customers’ lives.
In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited , and Shriram Capital Limited – merged to form Shriram Finance Limited . As on December 31, 2023, with a network of 3,037 branches and a workforce of 73,485, Shriram Finance has combined Assets Under Management (AUM) worth ₹ 214,233 crores.
As a leading financial enterprise with a rich business history, Shriram Finance is founded on inclusion and sustainability, helping us unlock value for generations to come. Our presence spans across the agrarian heartlands of rural India to its vibrant, cosmopolitan metros where we set wings to aspirations. At Shriram Finance, we are committed to meeting our customers at every touchpoint of their financial journey so that they get to explore unlimited possibilities through us.
Powered by cutting-edge technology, Shriram Finance is a digitally mature financial institution that reflects the banking needs of the Millennial and Gen Z customers. We offer priority financial services to those in the unbanked and underbanked sectors, expanding our innovative product pipeline at every stage of disruption.
In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited , and Shriram Capital Limited – merged to form Shriram Finance Limited . As on December 31, 2023, with a network of 3,037 branches and a workforce of 73,485, Shriram Finance has combined Assets Under Management (AUM) worth ₹ 214,233 crores.
As a leading financial enterprise with a rich business history, Shriram Finance is founded on inclusion and sustainability, helping us unlock value for generations to come. Our presence spans across the agrarian heartlands of rural India to its vibrant, cosmopolitan metros where we set wings to aspirations. At Shriram Finance, we are committed to meeting our customers at every touchpoint of their financial journey so that they get to explore unlimited possibilities through us.
Powered by cutting-edge technology, Shriram Finance is a digitally mature financial institution that reflects the banking needs of the Millennial and Gen Z customers. We offer priority financial services to those in the unbanked and underbanked sectors, expanding our innovative product pipeline at every stage of disruption.
Mission: Operational efficiency, truthfulness and a robust emphasis on catering to the needs of the common man by providing him with high quality and cost-effective products & services are the values driving Shriram Finance. These core values are deep-rooted within the organization and have been firmly adhered to over the years.
Vision: To be country’s most-preferred financial services destination, delivering delightful customer experience through empowered employees.
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
Shriram Finance won India’s Largest Employee Choice Awards in Mega Companies Category.
#3 Top Rated Mega Company
#1 Top Rated Financial Services Company
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Shriram Finance Ratings
based on 6.9k reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
3.5k
4
1.8k
3
855
2
240
1
501
Category Ratings
4.1
Job security
3.9
Company culture
3.9
Work-life balance
3.9
Skill development
3.8
Work satisfaction
3.6
Salary
3.5
Promotions
Shriram Finance is rated 4.1 out of 5 stars on AmbitionBox, based on 6.9k 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 Shriram Finance
based on 6.4k reviews
4.1
Rated by 653 Women
Rated 4.1 for Job security and 4.0 for Company culture
4.1
Rated by 5.8k Men
Rated 4.1 for Job security and 3.9 for Work-life balance
Work Policy at Shriram Finance
based on 608 reviews in last 6 months
Work from office
87%
Hybrid
8%
Permanent work from home
5%
Shriram Finance Reviews
Top mentions in Shriram Finance Reviews
+ 5 more
Compare Shriram Finance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 6.9k reviews | 4.0/5 based on 37.2k reviews | 3.9/5 based on 38.2k reviews | 4.0/5 based on 6.4k reviews |
Highly Rated for | Job security Skill development Work-life balance | Job security Skill development Company culture | Job security Skill development | Salary Skill development Job security |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 87% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 4.1 Good rated by 653 women | 3.9 Good rated by 9.8k women | 3.7 Good rated by 7.9k women | 4.0 Good rated by 564 women |
Rating by Men Employees | 4.1 Good rated by 5.8k men | 4.0 Good rated by 25.7k men | 3.9 Good rated by 28.4k men | 4.0 Good rated by 5.5k men |
Job security | 4.1 Good | 4.1 Good | 4.0 Good | 3.9 Good |
View more
Shriram Finance Salaries
3.6
rated by 6.9k employees for salariesRelationship Executive
(794 salaries)
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₹1.4 L/yr - ₹3.8 L/yr
Junior Executive
(411 salaries)
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₹1 L/yr - ₹3.5 L/yr
Executive Assistant
(341 salaries)
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₹1.2 L/yr - ₹3.3 L/yr
Branch Manager
(267 salaries)
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₹2.4 L/yr - ₹9 L/yr
Senior Relationship Executive
(253 salaries)
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₹2.1 L/yr - ₹4.5 L/yr
Finance Executive
(238 salaries)
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₹1.3 L/yr - ₹4.5 L/yr
Credit Executive
(237 salaries)
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₹1 L/yr - ₹3.7 L/yr
Executive Accountant
(228 salaries)
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₹1.2 L/yr - ₹4 L/yr
Management Trainee
(220 salaries)
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₹1.4 L/yr - ₹4 L/yr
Assistant Business Manager
(212 salaries)
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₹2.4 L/yr - ₹5 L/yr
Shriram Finance Interview Questions
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Shriram Finance Jobs
Shriram Finance News
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Shriram Finance Q3 PAT up 96 per cent on one-time gain
- Shriram Finance reported a 96% increase in profit after tax (PAT) for Q3.
- Excluding a one-time gain of ₹1,489 crore, the PAT increased by 14% to ₹2,080 crore.
- Net interest income (NIM) increased by 14% year-on-year (y-o-y) to ₹5,823 crore.
- Total assets under management (AUM) grew 19% y-o-y to ₹2.54 lakh crore.
HinduBusinessLine | 24 Jan, 2025
Shriram Finance Q3 Results: Profit Rises 73.4% On One-Time Gain
- Shriram Finance reported a net profit of Rs 3,249 crore in Q3, up 73.4% YoY due to a one-time gain from the sale of Shriram Housing Finance.
- Net profit excluding the one-time gain would have declined by 9.5% YoY.
- The company's asset quality worsened in various segments, including commercial vehicles, commercial equipment, gold loans, and personal loans.
- Shriram Finance's shares fell 3.90% after the Q3 results were announced.
Bloomberg Quint | 24 Jan, 2025
Shriram Finance Declares Second Interim Dividend Of Rs 2.50 Per Share
- Shriram Finance Ltd. announced second interim dividend of Rs 2.50 per share for fiscal 2025.
- The record date for the dividend is Jan. 31, 2025.
- Payment for the dividend will be made to eligible shareholders on or before Feb. 22.
- This is a developing story.
Bloomberg Quint | 24 Jan, 2025
Shriram Finance Share Price Down Nearly 4% After Q3 Results
- Shriram Finance share price dropped 3.9% to Rs 509.15 apiece soon after the results came in.
- The non-bank finance lender reported a net profit of Rs 3,249 crore for the December quarter, a rise of 73.4% YoY.
- Total income increased by 20% to Rs 10,705 crore compared to Rs 8,927 crore in the same quarter last year.
- The board approved an interim dividend of Rs 2.5 per share.
Bloomberg Quint | 24 Jan, 2025
Market rallies amid earnings uncertainty and budget anticipation
- Indian stock markets stage a modest recovery amid earnings uncertainty and budget anticipation.
- Sensex closes marginally higher, Nifty 50 ends with slight gains.
- Top performers include UltraTech Cement, Grasim Industries, Wipro, Shriram Finance, and Sun Pharma.
- Investors cautious due to foreign fund outflows, rupee depreciation, and upcoming Union Budget.
HinduBusinessLine | 23 Jan, 2025
IT stocks, banks pull markets lower; Sensex drops 423 points
- IT stocks and banks led the decline in the Indian markets, with Sensex dropping 423 points.
- Infosys and Wipro fell in the IT sector, while Axis Bank, Kotak Mahindra Bank, and Shriram Finance witnessed selling pressure in the banking sector.
- Energy and consumer stocks, including BPCL, Reliance Industries, and Coal India, provided some support to the market.
- The broader markets showed resilience, with Nifty Next 50 and Nifty Midcap Select gaining, but banking sector indices underperformed.
HinduBusinessLine | 17 Jan, 2025
From BPCL To Infosys, Axis Bank: Nifty 50 Top Gainers And Losers On Jan. 17
- Share prices of Reliance Industries Ltd., Bharat Petroleum Corp., Coal India Ltd., Hindalco Industries Ltd., and Nestle India Ltd. were the top gainers among the NSE Nifty 50 stocks.
- Among the losers were shares of Infosys Ltd., Axis Bank Ltd., Shriram Finance Ltd., Kotak Mahindra Bank Ltd., and Mahindra & Mahindra Ltd.
- The Nifty and Sensex logged a second week of fall as investors assess more corporate earnings. On Friday, Nifty ended 0.47%, or 108.60 points down at 23,203.20. Sensex closed 0.55%, or 423.49 points lower at 76,619.33.
- Reliance Industries was the top gainer among Nifty stocks after it reported its third quarter results. Bharat Petroleum Corp., Coal India, Hindalco Industries, and Nestle India were also among the top gainers and closed 2% higher.
Bloomberg Quint | 17 Jan, 2025
HDFC Life, Bharat Electronics To Trent, Tata Consumer: Nifty 50 Top Gainers And Losers On Jan. 16
- Among the top gainers in the Nifty 50 stocks were HDFC Life Insurance, Bharat Electronics, SBI Life Insurance, Shriram Finance, and Adani Enterprises.
- Among the top losers in the Nifty 50 stocks were Trent Ltd., Dr. Reddy's Laboratories, Tata Consumer Products, Nestle, and HCL Technologies.
- The Nifty 50 and the BSE Sensex closed higher, with the Nifty 50 ending 0.42% higher at 23,311.80 and the Sensex closing 0.42% higher at 77,042.82.
- HDFC Life Insurance Co. was the top gainer, followed by Bharat Electronics, SBI Life, Shriram Finance, and Adani Enterprises.
Bloomberg Quint | 16 Jan, 2025
Trent, NTPC To M&M, Axis Bank: Nifty 50 Top Gainers And Losers On Jan. 15
- The Nifty and the BSE Sensex ended higher as markets around the globe await US inflation data.
- Share prices of Trent Ltd., NTPC Ltd., Power Grid Corp. Of India, Kotak Mahindra Bank Ltd., and Maruti Suzuki India Ltd. were the top gainers among the NSE Nifty 50 stocks.
- Among the losers were shares of Mahindra & Mahindra Ltd., Axis Bank Ltd., Shriram Finance Ltd., Bajaj Finance Ltd., and Bajaj Finserv Ltd.
- NTPC Ltd. gained the most among Nifty stocks, it rose for a second session and closed around 3% up.
Bloomberg Quint | 15 Jan, 2025
Markets open higher on global cues, Auto and PSU banks lead gains
- Markets open higher on global cues, Auto and PSU banks lead gains.
- Auto major Maruti Suzuki, NTPC, and Adani Ports are the top gainers.
- Bajaj Finserv and Shriram Finance are the top losers.
- Metal and PSU Bank indices rally, while IT index declines.
HinduBusinessLine | 15 Jan, 2025
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Shriram Finance FAQs
When was Shriram Finance founded?
Shriram Finance was founded in 1979. The company has been operating for 46 years primarily in the NBFC sector.
Where is the Shriram Finance headquarters located?
Shriram Finance is headquartered in Mumbai, Maharashtra and has an office in Mumbai
How many employees does Shriram Finance have in India?
Shriram Finance currently has more than 74,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Shriram Finance based on the number of reviews submitted on AmbitionBox.
Does Shriram Finance have good work-life balance?
Shriram Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 6,900+ employee reviews on AmbitionBox. 77% employees rated Shriram Finance 4 or above, while 23% 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 Shriram Finance work-life balance reviews for more details
Is Shriram Finance good for career growth?
Career growth at Shriram Finance is rated fairly well, with a promotions and appraisal rating of 3.5. 77% employees rated Shriram Finance 4 or above, while 23% 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 Shriram Finance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Shriram Finance?
Working at Shriram Finance offers several advantages that make it an appealing place for employees. The company is highly rated for job security, company culture and skill development, based on 6,900+ employee reviews on AmbitionBox.
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