Manappuram Finance Reviews

Likes

Company doing innovations to become digital.Best company for freshers to start their carrier in finacial services .Yearly bonus leave benefits .The way of departing management decisions to employees are excellent.Targets are also according to branch levels.Easy system to understand as comapre to other comapnies.Grievance system are also best part.

Dislikes

As i am not getting promotion those who joined after me got promotions even i have more than 3 years of experience .Comapny arranges Trainings time to time but no standard of trainings like they intimate employees about training before the day of training after working hours.No fast forward solutions of problems.I dnt know why everybody is afraid to send or work on the email.Management do not take suggestions from employees.No one wants to reply on email just work on calls.Sometimes politics on the high level.No awards or hard copy of certificate for trainees.Low job security.Transfers are on high level without giving any prior notice and time to employees.Middle management need to be high educated and trained.Way of Trainings are at terrible level.

Work

Average

Likes

I have a great experience with manappuram finance family. I am a part of a team of five members, we together done marketing activities,insurance,gold loan etc. In Manappuram finance thier having 14 products. I love the fact that the finance strictly obey the govt NDFC company rules. Their having around 17365 staff's in mafil family.

Dislikes

Work pressure is very high. Sometimes i have to work more than 10 hours. Salary is very bad. They dont give us proper training. The most i hate in Manappuram family is to meet the auction customers in their own homes, that time the company wont give any security to us.

Work

First i was joined here as a Manappuram finance junior assistant. After 4 months i have a promotion as asst branch head.

Likes

Manappuram finance Limited is basically involved in gold loans but recently started all products like Vehicle finance & Equipment finance its new business started so that till date not any aggression to do market player in Vehicle finance but overall company culture & work life balance excellent. Company branches network is very big more than 3700 gold loan branches in pan India . And company giving very good facilities to employees like salary, incentives & annual contest of travel abroad to winners.

Dislikes

Only one weak point that in this competitive market our rate of interest is higher side so that facing big competition from other financiers

Work

My work is to develop business from self and team work as well as manage day to day yield of business.

Likes

The said company adopting new technology in Gold Loan like online Gold Loan & but don't have simple plan. MAFIL has maintain high quality of FPC & have well established under Gold Loan.

Dislikes

Wrong Transfer policy, some time need to work beyond stipulated time & no support from higher authority when critical situation arises at Branch level. RM don't value of Individuals who work there and company had forced to cross selling like insurance, DMT Personal Loan & Commercial Vehicle Loan.

Work

Normally work includes Gold Loans Business, Gold Loan Collection & operations. For Business purpose need to do Marketing like mouth publicity, Door to Door Marketing & phamplet distribution etc.

Likes

It is a nice experience to work here.Wonderful opportunity to develop our skills and personality for handling large number of team in very low time.Managment has given full chance to show our strength and develop the business

Dislikes

Career growth is very slow.No value of their employees .....Employee transfer policy is not satisfied... Sometimes suddenly informing and forcing for reporting without understanding the situationand possibility of employees of joining to transferred place.

Work

It was very challenging experience to handling the team of above 250 members.Always under pressure to completing the task of operations(Clearing audit rectifications,Cash management's,Statutory complience etc)

Likes

Excellent team work, relationship between root level staff & seniors as well as with customers very nice. Company provide online/offline training time to time. Good career growth if staff accept transfer. Salary scale need increase for branch level employees. Work environment very good.

Dislikes

Transfer process Salary structure between outsource staff & permanent staff.

Work

More than 9 years I am continuously working in Manappuram Finance Ltd. Presently I am working as Regional Manager (Audit). My experience 1 year as Branch Head, 4 years as Area Head, 8 Months as Recovery Officer, more than 1 year Audit Dept.

Likes

The company profile is good. But their are no work culture. Unnecessary transfer with in India . HR policy very bad condition. No HR Special recruit Both neither Region office nor Register Office.
The immediate boss all-time threating to transfer. They don't obey of their own circular. Salary cutting no reason, even after no one cannot clarify A. O staff.
Business loss have been deducted from staff salary. And much more

Dislikes

HR POLICY
LEAVE RULES
TRANSFER SYSTEM
REGIONAL HOLIDAY NO PRIOR
ON BIG FESTIVAL IN WEST BENGAL DURGAPUJA ONLY TWO DAYS LEAVE.

Work

Only health insurance

Likes

Manappuram Finance Limited is good opportunity to start career in life. I had learn lot of strategy of work, competative environment ,hard work, every thing is satisfactory. Services and software upgrades ogl are excellent services customers also well satisfied. If manappuram give a chance I will ready to re-join

Dislikes

My dislikes about manappuram there is no salary growth, other state transfers

Work

Manappuram is working style is very enthusiastic and challenging work why because every target and different parameters has different targets it's really. Interesting challenging role and review meeting and new product and service traing programs gain

Likes

We doing always work

Dislikes

Compensation is decent, but growth is very slow. The work pressure is very high. Sometimes, I have to work 14-20 hours straight in a day as I have to attend boss call in the evening and sometimes late into the night. Managers do not value an individual's unique strengths, which is why I have to take back my suggestions most of the Times.I do receive appreciation emails from my clients, but they mostly go unnoticed during my mid -year appraisals. Also,there no one job training for freshers, hence senior folks live me have to guide them step- by -step, which is a pain sometimes .

Likes

Mannappuram is not a gud compny bcoz this cmpny is not thinking our employees, I gave our three years to mannappuram but without my any mistake compny take a serious action about me ! So in my way I m not satisfy to mannappuram and not support in any way , in direct way u can say my overall experience with mannappuram was very bed !

Dislikes

This cmpny can't grow fastly bcoz thoes compny can't think about our employees , how can do growth easily! Mannappuram is not a satisfying compny i don't like this

Work

In mannappuram daily is a challenging day bcoz there all employees are working in very worst conditions with any cold water , without A.C., without any other facilities