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Svasti Microfinance

3.9
based on 138 Reviews

Working at Svasti Microfinance

Company Summary

Svasti Microfinance offers financial solutions through microloans and insurance, empowering low-income women to enhance livelihoods and contribute economically.

Overall Rating

3.9/5
based on 138 reviews
highly rated categories
3% above
industry average
highly rated categories
Highly rated for

Company culture, Job security, Skill development

Work Policy
Work from office
Work from office
75% employees reported
Monday to Saturday
Monday to Saturday
79% employees reported
Strict timing
Strict timing
54% employees reported
Within city
Within city
62% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
4 employees reported
Health insurance
Health insurance
2 employees reported
Office cab/shuttle
Office cab/shuttle
1 employee reported
View detailed benefits

About Svasti Microfinance

Founded in2008 (17 yrs old)
India Employee Count501-1k
Global Employee Count501-1k
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websitesvasti.in
Primary Industry
Other Industries
--
Are you managing Svasti Microfinance's employer brand? To edit company information,
claim this page for free
Svasti Microfinance Private Limited is an NBFC with a gross loan portfolio of Rs. 42 cr as on 31st March 2014. It started off by giving micro loans based on a joint liability group lending model in the range of Rs. 15,000 - Rs. 35,000 to low-income group women. It is expanding its products to provide loans, savings and insurance products in the areas that it services directly or as an agent to banks and insurance companies. The organization’s operations spreads over Mumbai with 10 branches reaching 31,154 clients. Our focus is on women, as they're not only very important members of every household, they're significant contributors to the economy of India. They are a significant part of the uncounted millions to drive the unorganized sector and micro enterprises in India. Our products and services are designed for different kinds of women with different kinds of requirements - for starting businesses, to enhancing what they have, to purchasing goods and services for themselves and their families.
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Svasti Microfinance Ratings

based on 138 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
66
4
38
3
20
2
6
1
8

Category Ratings

4.0

Company culture

3.8

Job security

3.8

Skill development

3.6

Work-life balance

3.6

Promotions

3.6

Work satisfaction

3.5

Salary

Svasti Microfinance is rated 3.9 out of 5 stars on AmbitionBox, based on 138 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 Svasti Microfinance
based on 130 reviews
3.6
Rated by 20 Women
Rated 3.6 for Company culture and 3.5 for Skill development
4.0
Rated by 110 Men
Rated 4.1 for Company culture and 3.9 for Job security

Work Policy at Svasti Microfinance

based on 31 reviews in last 6 months
Work from office
75%
Permanent work from home
13%
Hybrid
12%

Svasti Microfinance Reviews

Top mentions in Svasti Microfinance Reviews

+ 1 more

Compare Svasti Microfinance with Similar Companies

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Overall Rating
3.9/5
based on 138 reviews
3.7/5
based on 1.9k reviews
3.9/5
based on 689 reviews
3.7/5
based on 470 reviews
Highly Rated for
Company culture
Skill development
Job security
Job security
Skill development
Work-life balance
Salary
Job security
Company culture
Critically Rated for
No critically rated category
Salary
Promotions
Promotions
Work-life balance
Promotions
Primary Work Policy
Work from office
75% employees reported
Work from office
58% employees reported
Work from office
88% employees reported
Work from office
86% employees reported
Rating by Women Employees
3.6
Good
rated by 20 women
3.8
Good
rated by 516 women
3.5
Good
rated by 32 women
3.4
Average
rated by 110 women
Rating by Men Employees
4.0
Good
rated by 110 men
3.7
Good
rated by 1.4k men
3.9
Good
rated by 609 men
3.8
Good
rated by 339 men
Job security
3.8
Good
4.0
Good
3.7
Good
3.8
Good
View more

Svasti Microfinance Salaries

Svasti Microfinance salaries have received with an average score of 3.5 out of 5 by 138 employees.

Customer Relationship Manager

(32 salaries)
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₹1.1 L/yr - ₹4.7 L/yr

Branch Manager

(22 salaries)
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₹2.2 L/yr - ₹4.1 L/yr

Assistant Branch Manager

(17 salaries)
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₹1.4 L/yr - ₹3 L/yr

IT Officer

(7 salaries)
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₹1.1 L/yr - ₹2.3 L/yr

Relationship Officer

(7 salaries)
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₹1.5 L/yr - ₹2.8 L/yr

Sales Manager

(6 salaries)
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₹2.6 L/yr - ₹3.7 L/yr

Assistant Sales Manager

(6 salaries)
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₹2 L/yr - ₹3 L/yr

Data Entry Operator

(6 salaries)
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₹1.2 L/yr - ₹1.6 L/yr

Unit Manager

(6 salaries)
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₹3.4 L/yr - ₹8 L/yr

Assistant Manager- HR

(5 salaries)
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₹3.8 L/yr - ₹4.7 L/yr

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Svasti Microfinance FAQs

When was Svasti Microfinance founded?
Svasti Microfinance was founded in 2008. The company has been operating for 17 years primarily in the Financial Services sector.
Where is the Svasti Microfinance headquarters located?
Svasti Microfinance is headquartered in Mumbai,Maharashtra.
How many employees does Svasti Microfinance have in India?
Svasti Microfinance currently has more than 500+ employees in India. Finance & Accounting department appears to have the highest employee count in Svasti Microfinance based on the number of reviews submitted on AmbitionBox.
Does Svasti Microfinance have good work-life balance?
Svasti Microfinance has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 75% employees rated Svasti Microfinance 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 Svasti Microfinance work-life balance reviews for more details
Is Svasti Microfinance good for career growth?
Career growth at Svasti Microfinance is rated fairly well, with a promotions and appraisal rating of 3.6. 75% employees rated Svasti Microfinance 4 or above, while 25% 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 Svasti Microfinance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Svasti Microfinance?
Working at Svasti Microfinance offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and skill development, based on 100+ employee reviews on AmbitionBox.
Svasti Microfinance Overview
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