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Poonawalla Fincorp
based on 1.7k Reviews
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HR Department
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Policy oriented Organization, HR policy's are good.
Work timings: Flexible Timings
Work related travel: This job involves Travel Within City.
HR Department
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Magma is one of the best NBFC I have known. You get to learn lot of things working with Magma. Work culture is also very good.
As per me, Magma need to work on its salary structure
I loved my work at Magma
Work timings: Strict Timings
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Full Time
Employee Relations Department
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Office culture support staff
Rotational shift needed
Work days: Monday to Friday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Administration Department
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A good brand
Politics and favour
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Compensation & Benefits Department
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They only have money
Culture No respect
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Employee Relations Department
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Good company and culture..
Internal politics
Work days: Monday to Friday (Flexible Timings)
Work related travel: This job involves Travel Within City.
Full Time
Administration Department
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Working culture of the company
Uncertainty in this company
Work days: Alternate Saturday off (Strict Timings)
Work related travel: This job involves Travel Within City.
Full Time
Administration Department
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Work culture
Company keep this post to third party
Work days: Alternate Saturday off (Strict Timings)
Work related travel: This is a desk job.
Full Time
Sales Support & Operations Department
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Best company and ample of opportunities to learn and grow. Organization is employee centric.
None
Full Time
Administration Department
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Nothing
Politics in department
Work days: Alternate Saturday off (Strict Timings)
Full Time
HR Intern Department
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Environment of culture and work is good.Team mates are very supportive They give good salary hike.
There is management issues.salary is good but no career growth.In covid 19 they remove their almost employees for not able to pay salary.
Job is quite tough.i struggled alot and get scolded by seniors.but i learnt alot.
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Hr Department
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No comment
No comment
No comment
Work timings: Strict Timings
Work related travel: This is a desk job.
Full Time
Lending Department
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It's a good place to work but we as employees can't show our skill because the environment is set kind of any senior came from ex company they will hire there ex employees and will only promote them in this field
Kind of Mafia environment like if any one
Work days: Monday to Saturday (Strict Timings)
Full Time
IT Infrastructure Services Department
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Nothing I can think of.
Everything. Most importantly, they fire anytime to anyone irrespective of their level in the company. A lot of politics on higher level. Moreover, typical Indian culture. People on senior positions have hired their own people and they are sucking the talent within organization.
Full Time
Data Science & Machine Learning Department
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only infra structure which looks great.
no work life balance, after 15th no SUNDAY offs -- you need to work even on SUNDAYs dont even talk about Saturdays on which you cant ask for offs. After 15th they will leave you for home at 8 or 9 pm and expect to work from home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared towork done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues...Read More
Work timings: Strict Timings
Work related travel: This is a desk job.
Full Time
Product Management - Technology Department
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Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee....Read More
Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.
Work days: Monday to Saturday
Work related travel: This is a desk job.
Full Time
Product Management - Technology Department
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Office infrastructure really nice and overall company structure is well defined. People are easy to reach out.
Office Politics. People at higher designation very personal and doesn't mind their own business.
Work days: Monday to Friday (Flexible Timings)
Work related travel: This is a desk job.
Full Time
Other Department
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Nothing...some people are getting salary for jst sitting and chilling while some people are not getting enough salary who are working behalf of everyone. Too much politics....manager only favours people on their personal relationship and not basis on work they do.
Everything other than salary....salary is good here but at cost of learning nothing good.
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Operations / Strategy Department
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Mr. Manish Chaudhary was responsible for the high NPA due to under the table transactions he carried for the exposures of 150 Crs And 100 Crs plus in supply chain finance without physical visits by sales and credit teams... He took bribe from every nbfc funded during Aug 2023 to July 2024 and conducted PD's at 7: 00 am from his home... He hired a junior operations manager who was doing reconciliation in his DSA venture in NCR at 13 lakhs CTC and offered him the NSM role at 58 lakhs CTC at Pune HO (can be cross checked in current records of this nbfc along with HR reference and records) to manage the under the table transactions....poor show by HR leader who were later fired along with other leaders for these irregular practices.......Read More
Full of corruption and exploitation by leaders...most of these PFL leaders were DSA in there previous roles
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Lending Department
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They have adopted advance Perfiios and Karza report.
No process or standardized, manual work, outdated process and Policy. Only quantity matters not concerned about the quality.
Work days: Monday to Saturday (Strict Timings)
Work related travel: This job involves Travel Within Country.
Full Time
Operations Support Department
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Enigmatic org nothing is stable... Decisions are taken weirdly and rules keep changing Anything becomes critical and critical sometimes is nothing
Cos treat employees like children and a lot of micromanagement and super lack of professionalism and talent
Work days: Monday to Saturday (Strict Timings)
Work related travel: This is a desk job.
Full Time
Finance Department
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Job security, employee perks
Work-life balance, culture, politics, appraisal, forced to work even on leaves and weekends, not even allowing WFH, no manpower
Work timings: Strict Timings
Work related travel: This job involves Travel Within City.
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