MagicBricks Loan Manager salaries in India (Updated 2025)

Likes

...rson, For company policies i work last two years still not able to understand. But in last i can say that you can survive in this company if you satisfied with minimum salary like between 13 to 16 k only.

Dislikes

Dislike like don't care about health, Like growth, like salary structure.

Likes

It is terrible to work with magicbricks. Seniors are not supportive at all. They are just taking their salary and removing people from the company who genuinely wants to work and HR and CEO doesn't take any interest in hearing from employee side. It is better to stay unemployed while deciding to go to magicbricks.

Dislikes

Nothing is worth liking in magicbricks.It is terrible working there.

Likes

The company is good enough to start off your journey as a fresher they offer average salary 6 days working with rotational off, However generating lead pressure is far higher than what you actually can think of seems monotonous after working long period of time salary on time full politics culture no growths will remain the agent for a long time

Dislikes

Compansation is good

Likes

Company kicks many employess in 2nd month of lockdown in april and regullary company want salary into 20 times business .. never expect this from magicbricks times of india

Dislikes

Ur boss is boss .. u even cant give suggession

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.