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Swarna Pragati Housing Microfinance
3.9
based on 85 Reviews
Company Overview
Company Locations
Working at Swarna Pragati Housing Microfinance
Company Summary
Swarna Pragati Housing Microfinance offers micro-mortgages to low-income families in rural India, enabling incremental housing development and improvements.
Overall Rating
3.9/5
based on 85 reviews
3% above
industry average
Highly rated for
Work-life balance, Company culture, Salary
Critically rated for
Promotions
Work Policy
Monday to Saturday
44% employees reported
Strict timing
53% employees reported
Within city
48% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Health insurance
4 employees reported
Office cab/shuttle
2 employees reported
Professional degree assistance
1 employee reported
View all benefits
About Swarna Pragati Housing Microfinance
Founded in2009 (16 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersNagpur, India
Office Locations
--
Websitesphm.co.in
Primary Industry
Other Industries
--
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Founded in 2009 (Operational in 2011) Swarna Pragati Housing Microfinance Pvt. Ltd. (SPHM) is a Housing Finance Company regulated by the National Housing Bank (wholly owned subsidiary of Reserve Bank of India). SPHM provides micro-mortgage loans ranging from Rs 1,00,000 to Rs 7,00,000 primarily to families from the economically weaker sections (EWS) and low-income groups (LIG) in rural India.
The housing loans are provided both for self-built new construction as well as for renovation, repairs and up-gradation of existing houses. The company’s business model is based on the principle of incremental housing, where low-income families build their houses one step at a time.
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Swarna Pragati Housing Microfinance Ratings
based on 85 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
46
4
25
3
9
2
0
1
5
Category Ratings
4.0
Work-life balance
3.9
Company culture
3.8
Salary
3.8
Work satisfaction
3.6
Skill development
3.4
Job security
3.1
Promotions
Swarna Pragati Housing Microfinance is rated 3.9 out of 5 stars on AmbitionBox, based on 85 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.
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Swarna Pragati Housing Microfinance Reviews
Top mentions in Swarna Pragati Housing Microfinance Reviews
Compare Swarna Pragati Housing Microfinance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 85 reviews | 3.8/5 based on 6.1k reviews | 3.9/5 based on 1.9k reviews | 4.1/5 based on 5.4k reviews |
Highly Rated for | Work-life balance Company culture Salary | No highly rated category | Salary Job security | Company culture Skill development Work-life balance |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 83% employees reported | Work from office 85% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 15 women | 3.7 Good rated by 729 women | 4.0 Good rated by 89 women | 3.9 Good rated by 710 women |
Rating by Men Employees | 3.9 Good rated by 67 men | 3.8 Good rated by 4.9k men | 3.9 Good rated by 1.6k men | 4.1 Good rated by 4.4k men |
Job security | 3.4 Average | 3.5 Good | 3.9 Good | 3.9 Good |
View more
Swarna Pragati Housing Microfinance Salaries
Swarna Pragati Housing Microfinance salaries have received with an average score of 3.8 out of 5 by 85 employees.
Branch Manager
(10 salaries)
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₹2.1 L/yr - ₹4.7 L/yr
Operations Executive
(7 salaries)
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₹1 L/yr - ₹2.9 L/yr
Legal Manager
(5 salaries)
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₹4.2 L/yr - ₹7.8 L/yr
Credit Manager
(5 salaries)
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₹3.3 L/yr - ₹4.6 L/yr
Internal Auditor
(4 salaries)
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₹1.8 L/yr - ₹2 L/yr
Sales Executive
(4 salaries)
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₹1.9 L/yr - ₹3 L/yr
Chief Business Officer
(4 salaries)
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₹18 L/yr - ₹48.2 L/yr
Associate Vice President
(4 salaries)
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₹9.6 L/yr - ₹22 L/yr
Senior Executive Operations
(4 salaries)
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₹1 L/yr - ₹3 L/yr
Credit Executive
(4 salaries)
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₹1.8 L/yr - ₹2.8 L/yr
Swarna Pragati Housing Microfinance Perks & Benefits
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4.5
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4.4
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3.8
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Swarna Pragati Housing Microfinance FAQs
When was Swarna Pragati Housing Microfinance founded?
Swarna Pragati Housing Microfinance was founded in 2009. The company has been operating for 16 years primarily in the Financial Services sector.
Where is the Swarna Pragati Housing Microfinance headquarters located?
Swarna Pragati Housing Microfinance is headquartered in Nagpur.
How many employees does Swarna Pragati Housing Microfinance have in India?
Swarna Pragati Housing Microfinance currently has approximately 100+ employees in India.
Does Swarna Pragati Housing Microfinance have good work-life balance?
Swarna Pragati Housing Microfinance has a work-life balance rating of 4.0 out of 5 based on 80+ employee reviews on AmbitionBox. 84% employees rated Swarna Pragati Housing Microfinance 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Swarna Pragati Housing Microfinance work-life balance reviews for more details
Is Swarna Pragati Housing Microfinance good for career growth?
Career growth at Swarna Pragati Housing Microfinance is rated as moderate, with a promotions and appraisal rating of 3.1. 16% employees rated Swarna Pragati Housing Microfinance 3 or below, while 84% 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 Swarna Pragati Housing Microfinance reviews for more detailed insights.
What are the pros and cons of working in Swarna Pragati Housing Microfinance?
Working at Swarna Pragati Housing Microfinance comes with several advantages and disadvantages. It is highly rated for work life balance, company culture and salary & benefits. However, it is poorly rated for promotions / appraisal, based on 80+ employee reviews on AmbitionBox.
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