Mahindra Rural Housing Finance Limited
Why Mahindra Rural Housing Finance Limited is a Great Place To Work
Mahindra Rural Housing Finance Limited is a Great Place to Work-Certified™ organization. The company has created a Great Place to Work FOR ALL their employees by excelling on the 5 dimensions of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. Every year, Great Place to Work® identifies India's 100 Best Companies to Work For (with employee strength more than 500) through an objective and rigorous workplace culture assessment process.
Housing is a basic human need. Mahindra Rural Housing Finance Limited (MRHFL) was started back in 2007 to provide convenient and low-cost housing loans for Indians living in rural areas. Today, as India’s largest rural non-banking financial company, Mahindra Finance has impacted the lives of over 3.6 million customers. They aspire to set the highest standard for housing finance in rural India in terms of profitability, growth, employee engagement, trust, and awareness. MRHFL is a fast-growing organization with an aim to transform the lives of people. The policies and practices are deeply researched, reviewed and taken feedback on before implementation. Employees are made to feel at home from day 1 due to the warmth expressed towards family and self.
Some of the Best People Practices and Initiatives at Mahindra Rural Housing Finance Limited include -
Collaborating towards a Better Society: The employees of each region collectively brainstorm and identify which CSR initiatives will be the most beneficial for the people in their region. The implementation of each of their CSR initiatives from start to end is also driven by these employees. They are empowered to make decisions locally and are held accountable to ensure that the best possible experience is provided to the communities.
‘Sharpen the Sword’: They launched a new initiative for all employees called ‘Sharpen the Sword’ (STS). This novel name is derived from the age-old adage, “The more you sharpen the sword, the less you bleed in battle”. The rationale is that - the more you dedicate yourself to preparing thoroughly in advance, the less power any future hurdles will have to knock you down.STS Functional Development was thus developed to engage and upskill the critical mass of their frontline employees while staying at home. Through this, they were able to give the right people the relevant training so that they can perform well on the job.
