Nabard Financial Services Limited Careers and Employment

About the company

Company size
201 to 500
Revenue
₹ 5B - ₹ 10B
Industry
Financial Services
Headquarters
BENGALURU
Link
Nabard Financial Services Limited website

“NABFINS is an initiative of NABARD born out of serious concerns about the practices of NBFC MFIs in the mid-2000. Entrusted with the responsibility of promoting microfinance sector besides scaling up SHG-Bank Linkage NABARD thought it fit to form a Micro Finance institution on a pilot basis with the objective of developing it as a model NBFC MFI in the country which will facilitate setting up of bench marks and standards for the MFI sector. In particular, NABFINS objective was to ensure that the various maladies found in the sector such as lack of transparency in accounting and disclosure, high transaction cost, lack of diversification in products, increased rates of interest, coercive collection practices etc. are sought to be eliminated by establishing a fair and transparent Micro Finance Institution.”

NABFINS provides micro finance and other financial services to the needy and disadvantaged sections of the society for securing their prosperity in rural, semi urban and urban areas.

NABARD, an apex development, financial institution in our country had pioneered the world’s largest microfinance movement called SHG Bank Linkage programme. NABFINS as a subsidiary of NABARD shall evolve into a model microfinance Institution to finance SHGs and JLGs and to set standards of governance among the MFIs, operate with exemplary levels of transparency and extend its outreach to the needy, directly or through Business correspondents and Business Facilitators.

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Rating overview

Rating is calculated based on 13 reviews and is evolving.

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Reviews

Customer Service Officer (CSO) in Chengalpattu, Chennai, Tamil Nadu

on July 17, 2021

Productive and fun workplace

Good place to workEnjoyable work cultureTension free workAttractive inventive Salary increment is bitter low when compare other companiesJob security 100%Time to time keeping works

Branch Head in Bangalore City, Karnataka

on February 22, 2021

Best place for work life balance and to get knowledge

NABFINS is the best choice for your career growth and to gain knowledge about process which you can use in future. you can explore your knowledge and experience here. also they provide all kind of employee support and facilities and benefits. you can easily balance both work and life.

Financial Services Officer in Bengaluru, Karnataka

on August 3, 2020

Stressful Job

I had to travel 150 kms in a day on a daily basis for the job since I was put under the Department of collection and loan recovery to meet my monthly targets for getting allowances sanctioned

Senior Manager in Bengaluru, Karnataka

on March 17, 2020

Stressful and no job security

Experience and performance is not a criteria but voyeurism and biased approach is practised. This is a contractual appointment and at any point of time it may be terminated for no reason

Manager in Dharwad, Karnataka

on February 28, 2020

productive

I was proud to be the part of such an institution to contribute towards improving the livelihood of rural poor. Overall it is having good policies and opportunities.

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Questions and answers

People have asked 9 questions about working at Nabard Financial Services Limited. See the answers, explore popular topics and discover unique insights from Nabard Financial Services Limited employees.