MAGMA Fincorp
3.4 of 5 26 reviews
www.magma.co.in Kolkata, India 1000 to 5000 Employees

MAGMA Fincorp Reviews

Updated Jun 30, 2014
All Employees Current Employees Only

3.4 26 reviews

                             
26 Employee Reviews
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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
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    Best place to work

    Relationship Manager Delhi & NCR (Current Employee)
    New Delhi (India)

    ProsThe company provide a balance in your work-life

    ConsHave to look for the perks

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great place to learn

    Anonymous Employee (Current Employee)

    ProsGreat place to work because of the opportunities to work independently and professionally

    ConsThe infrastructure needs to improve both facilities as well as IT

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    . A talented Business Management professional with extensive sales marketing retail and customer service experience

    Relationship Manager (Current Employee)
    Allahabad (India)

    ProsDeveloped a strong inter personal/relationship management skills across a broader spectrum of clients through managing (retention & growth) a solid Portfolio, by providing personalized service in fulfilling varied financial needs, & involved in cross selling activities

    Cons- involved in full lending process & responsible for recommending credit proposals by analyzing feasibility, evaluation of risks of equipment/auto finance & project loan facilities.
    Compliance: - Responsible for ensuring required documentation is in place, all credit terms recommended & client proposals approved are within bank’s approved guidelines and policies.

    Advice to Senior ManagementOversee target driven performance of equipment/auto lease/loan facilities of 13 branches and managed a sales/documentation/ credit processing and recoveries team at head office

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
           
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    • Senior Management
           
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    Good Stable Company

    AREA SALES MANAGER (Former Employee)
    Lucknow (India)

    ProsGrowing Organisation, evolving currently, lot of learning

    ConsLesser Exit Options, plus at times the promises made by the Regional HR are false

    Yes, I would recommend this company to a friend

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    Very good & a satisfactory job.

    Anonymous Employee (Current Employee)

    ProsMagma is the brand name in market.

    ConsSome difficulty but overall a good carrier in magma

    Advice to Senior ManagementPlz upgrade the system. Very slow server in my location

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    • Culture & Values
           
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    ultimate place to learn and grow

    ARM (Current Employee)
    Bangalore (India)

    Prosgood exposure and great learning

    Consnothing to comment on cons

    Advice to Senior Managementkeep up the good work magma rocks

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Magma is a good place to learn and enhance knowledge

    Anonymous Employee (Current Employee)
    Indore (India)

    Prostransparent and open environment to work.

    Consgrowth plans and high benchmarks set in itself a challenge

    Advice to Senior Managementkeep the momentum going

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Nice

    Credit Analyst (Current Employee)
    Jaipur, Rajasthan (India)

    ProsNice Profile "Credit analyst"
    Good Learning

    ConsLess Package Given as per Industry Standard

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Worst experience of my life

    Anonymous Employee (Former Employee)

    Prosnot a single... u need to work like donkeys and will b treated like one throughout the time u work....!!!

    Consfull of cons, no infrastructure, no place to sit also for employees, baniya culture... uneducated people at helm. please for god sake, dun go in this company...!!!

    Advice to Senior ManagementNo use to advice them... they r happy in wat they do. they never listen to anyone...dats dere culture.

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    • Culture & Values
           
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    Collection Department

    Anonymous Employee (Current Employee)

    Prosit is very good company & management....

    Consmagma is a very big company

    Advice to Senior ManagementPls see executive..

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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