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BankBazaar to hire 500 people by March, roll out salary hikes from January

Source | | PTI

New Delhi: on Wednesday said FY21 will be a year of growth for the fintech company despite challenges, and it plans to hire over 500 people over the next few months to support business expansion. The company will also roll out wage hikes and promotions across all levels effective January 1, 2021.

BankBazaar, which recently announced that its revenues are back to 70 per cent of the peak pre-COVID-19 revenue, plans to scale up its digital know your customer (KYC) offerings to facilitate contactless access to credit, a statement said.

“Majority of the over 500 hires (to be added by March 2021) would be for the technology and customer service domains as BankBazaar looks to accelerate innovation and enable faster integration of digital KYC and analytics solutions – the key growth drivers for the company,” it added.

Hiring will take place across all BankBazaar locations in Chennai, Bengaluru and Mumbai. The open positions are mostly in the engineering and product teams, apart from customer support. The company currently has about 1,000 employees.

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