Sureti Insurance Marketing Private Limited has been garnering a lot of interest from job seekers and interns lately. With numerous openings for sales and marketing roles, it promises lucrative salaries and incentives. However, conflicting reviews on the internet have raised doubts – is Sureti IMF fake? Or does it offer legitimate job opportunities? Let’s analyze facts from reviews to uncover the truth.
Why All The Controversy Around Sureti IMF?
Sureti IMF is an IRDAI registered insurance marketing firm operating since 2018 in Coimbatore, Tamil Nadu. It recruits heavily for various sales and marketing positions with attractive payouts.
However, anonymous reviews on sites like Ambitionbox allege it’s a fraudulent company. Complaints of forced insurance sales targets, unpaid salaries, no stipends highlight unethical practices.
With no consensus, job seekers are unable to judge if its a genuine employer. Evaluating facts from reviews can help make an informed decision about Sureti IMF.
What Do Positive Reviews Say About Sureti IMF?
As per positive reviews, Sureti IMF provides:
- Friendly work culture and helpful mentors for guidance.
- Flexible working hours supporting work-life balance.
- Training and skills development for career advancement.
- Lucrative incentives and salary growth opportunities.
- Overall rating of 4.3 based on 150 reviews on Ambitionbox.
Positive ratings praise the training quality, growth prospects and salary benefits. Reviewers mention gaining professional skills and knowledge on the job.
However, most positive reviews appear templatized and lack specific details. The credibility of glowing feedback remains doubtful.
What Warning Signs Do Negative Reviews Point Out?
Multiple one-star reviews on amitionbox allege Sureti IMF is:
- A fraudulent company only focused on collecting the ₹600 registration fees in the name of insurance exam.
- Resorting to false promises regarding job roles, salaries, training and sales targets.
- Not providing salaries if targets are unmet, no stipends for interns.
- Pressurizing employees and interns to sell insurance forcefully.
- Having strict timings, unsupportive management and high sales targets.
Such serious complaints indicate unethical practices at Sureti IMF despite being an authorized firm. Reviewers warn against fake positive reviews and advise caution.
What Do Sureti IMF Employees Say About Work Culture And Salaries?
According to Sureti IMF employees, the work involves:
- Aggressive selling of insurance policies to meet targets.
- Salary payouts being low and variable as per sales achieved.
- High pressure work environment with strict supervision.
- Lack of training and support despite tall claims during recruitment.
- Targets being unrealistic resulting in unpaid salaries and forced attrition.
- Glossy career prospects shown at interviews not materializing on the job.
While exact salaries vary for different roles, the earnings are largely commissions based. Employees allege salaries remainUnpaid if targets are not met.
What Facts Support The Allegations Against Sureti IMF?
Several red flags indicate the complaints may have merit:
- Too many openings for similar sales and marketing profiles signals high attrition.
- No senior management profiles or teams displayed on website and job portals.
- No comprehensive information on training programs, work culture or career growth pathways.
- No details of founders/leadership listed in their website.
- Excessive focus on freshers and inexperienced candidates reveals high churn strategy.
The lack of transparency and professionalism lends credence to reviewers claiming it indulges in unethical recruitment practices.
Is Sureti IMF Pvt Ltd Fake or Real?
Despite unfavorable reviews, Sureti IMF is a legitimate registered company as per facts below:
- Active IRDAI certification as an Insurance Marketing Firm since 2018. Their registration code is IMF186696450120190262.
- Incorporated company under Ministry of Corporate Affairs since January 2018. Their CIN is U66000TZ2018PTC029914
- Displays proper registration details, directors’ information on MCA website.
- Founders Ravichandran Santhosh and Kothandaramarao Yagyanath have LinkedIn profiles.
So while registered and authorized, Sureti IMF does seem to have very questionable HR practices basis employee complaints. Their marketing overpromises roles while actual job involves aggressive sales targets.
If you’ve similar or different experience then you can share your experience in the comment section. So, others can know Sureti IMF Private Ltd is real or not.
Key Takeaways – Should You Consider Sureti IMF?
Analyzing Sureti IMF reviews reveals:
- It lures applicants via attractive designations, salary promises
- Work revolves around aggressive selling and collection of fees/premiums
- Salary payouts are low and commissions-based, often unpaid
- Lack of training, high churn and unethical means alleged
While legally registered, poor reviews reveal exploitative HR practices. Job seekers should avoid such companies. Firms with transparent processes, verified reviews and ethical conduct make for good career moves.
Summary Points On Sureti IMF Private Limited Reviews
- Registered company but alleged unethical practices
- Uses overpromises on careers, salaries to recruit
- Employees complain of unrealistic sales targets
- Low and variable commissions-based pay, often unpaid
- Pressurizing work environment with no training or support
- Caution warranted despite IRDAI and MCA registration
- Transparent firms with verified reviews better options
Therefore, prospective applicants should thoroughly research a company’s reviews and practices before joining. With so many conflicting opinions on Sureti IMF, job seekers are better off exploring opportunities with ethical and professionally managed organizations for promising careers.
1. Is Sureti IMF Private Limited legitimate or a scam?
Sureti IMF is an authorized and registered company with MCA and IRDAI. However, multiple negative reviews about unethical practices like false promises, unpaid salaries, forced sales targets allege it is scamming employees. While legally compliant, its HR practices seem unethical.
2. What is the starting salary for freshers at Sureti IMF?
According to reviews, the average salary for fresh Business Development Associates is around Rs. 20,000 per month at Sureti IMF. But salaries are largely variable and commissions-based. Many complaints allege salaries go unpaid if unrealistic sales targets are not met.
3. What are the founder names of Sureti IMF Private Limited?
As per MCA records, the founders of Sureti Insurance Marketing Private Limited are Ravichandran Santhosh and Kothandaramarao Yagyanath. Both have LinkedIn profiles displaying founding and leadership roles.
4. Are the positive reviews on Sureti IMF reliable and real?
While some positive ratings exist, multiple one star reviewers allege them to be fake or posted by company insiders. Most lack details and appear templatized praising culture, growth etc. Their credibility seems doubtful.