“People will forget what you said, people will forget what you did, but people will never forget how you made them feel.”
With multiple Java developer opportunities in Chennai, it’s no wonder that you’re eager to dive into the vibrant tech space. But today’s dynamics of Java developers face a myriad of challenges from keeping up with the rapid pace of technological developments to exceeding the client’s expectations. Search terms like “Java developer jobs” and “Java developer fresher jobs” flood job portals, indicating a robust yet competitive market.
But, what’s the reality? From long hours to tight deadlines, rapidly evolving technology and the pressure to continually upskill, the life of a developer isn’t always as glamorous as it may seem. In such a high-pressure environment, having a positive work environment is not just beneficial—it is essential for productivity and well-being. Gone are the days when employees worked primarily for a paycheck. Today a positive workplace culture with motivation, appreciation, consideration and recognition is important for any individual to feel valued and strive onward and upward!
Why CloudBankin is the Best Company for Java Developers
At CloudBankin, we support a very collaborative work culture. We strongly believe that happy employees are the key to a company’s success, and we are so proud of creating one where they can thrive.
Positive Work Environment
1) Flexible Work Timings
We understand that a solid 9-to-5 schedule may not be everyone’s cup of tea. That’s why Cloudbankin offers flexible work timings and remote work options. Whether you need to attend a doctor’s appointment or take care of family matters, you can adjust your work hours. However, being a product company, we also recognize the value of collaboration that comes from working together in person. We believe that when we work together physically, we can harness our collective creativity and expertise more effectively. By striking a balance between flexibility and in-person collaboration, we ensure that our team can thrive both individually and collectively, driving innovation and success.
2) Startup Culture
3) Inclusive Communication
At CloudBankin degree and formal qualifications are nice to have, but not a must-have. We are more interested in what you can do than just what a piece of paper says. Formal qualifications are just optional if you can prove your technical expertise to us. One of our employees demonstrated exceptional technical knowledge despite not having a traditional degree. They completed high school and participated in various training programs. Recognizing their skills and potential, we welcomed them into our team directly. Whether you are a fresh graduate or an experienced person, we offer a playing field for you to showcase your skills and uplift your professional repertoire. So if your portfolio is more impressive than your resume, we are all.. ears.
4) Skill Development
5) Weekend Breaks
6) No Micro-management
7) Employee Decision-making
9) Direct Access to Founders
10) Industry Focus
At CloudBankin, we’re at the forefront of the fintech industry in Chennai. While there are many product companies in the city, only a select few focus on fintech, and even fewer operate as SaaS companies. By joining our team, you’re becoming a part of one of the top companies in this specialized sector. As a leading product/fintech/SaaS company, CloudBankin offers a unique opportunity to immerse yourself in cutting-edge technologies and disruptive innovations shaping the future of finance and technology.
Banking encourages a holistic approach to nurturing and enhancing your skin sets, knowledge, and potential within the organization. We offer several interconnected elements that contribute to your personal and professional growth that aid your career advancement.
1) Exposure to All Domains
Gain experience across various domains, enriching your professional skill set. We assign you to challenging projects or initiatives outside your comfort zone that foster innovation and help you build confidence. Cloudbankin offers unique hands-on experience for you to gain valuable experience in various financial products. Dive into our dynamic environment to enhance your expertise and add significant value to your professional profile.
2) Consistent Learning
We don’t mind taking a step backwards to move three steps forward. You can step back, learn, and then continue moving forward. We provide structured training and learning opportunities, both formal and informal, to improve your skills, knowledge and expertise. Depending upon the individuals’ strengths, weaknesses and aspirations, we also tailor development plans that ensure targeted growth and career advancement.
3) Monthly & Weekly Learning Sessions
We provide regular learning sessions to keep up with the latest technologies and best practices in the industry. These opportunities pave the way for skill enhancement and knowledge sharing.
Behind every thriving organization, some people strive hard and put their heart and soul into making it a success. Our appreciation goes beyond a mere “thankyou”. It involves cultivating an environment where you feel valued, acknowledged, and motivated to bring your best selves to the table.
1) Monthly Fun Sessions
From treasure hunts to trivia nights and karaoke shows, you can step away from your daily grind and immerse yourself in our fun sessions! It’s a perfect opportunity for you to unwind and connect with your co-employees, as you all can come together to enjoy the lighter side of your work life.
2) Bi-weekly Physical Activities
Participate in games and physical activities to stay active and get your endorphins flowing and blood pumping. A game of cricket, or a quick walk around the block, stay active together with us to maintain your physical and mental well-being. This helps you to clear your mind and return refreshed to tackle any challenge that comes your way.
3) Quarterly Town Hall Meetings
We have Quarterly Town Hall Meetings that give you a platform to stay informed and engaged about the company. This meeting keeps you updated about the company’s progress, you can gain insights, ask questions and share ideas too. From regular company updates to discussions about future plans, these meetings will ensure that our commitment and collaboration are a shared success.
4) Snacks
Great ideas often spark on a full stomach! Agree? Here at Cloudbankin, you can enjoy a variety of snacks and refreshments throughout the day. Fuel your creativity and productivity with our wide range of snack offerings that keep you energized, focused, and satisfied.
5) Monthly Team Lunch
Sharing a meal with colleagues? Absolutely! Every first Saturday of the month, we gather together for Team Lunches in our office. It’s more than just a meal; it’s a time to share food, stories, and strengthen our bonds. We bring in our favorite biryani from a renowned spot, enjoying delicious food and lively conversations. This cherished tradition in our company brings us closer together as a team.
6) Feedback and Resolution
We instill a culture, where feedback is both given and received constructively. Have feedback about managers? About the company? About a project? We’re all ears. We help you solve any issue, then and there in the town hall meetings. We believe that such a constructive environment will be conducive to ongoing improvement and individual development.
Beyond the day-to-day tasks, CloudBankin ensures that our team members have access to a range of benefits that are designed to support your financial well-being as well as your professional growth.
1) ESOPs
We offer Employee Stock Option Plans (ESOPs) that allow you to become a shareholder to share in the company’s success. Whether it is through stock options, profit-sharing or equity grants, our ESOPs are made to align your interest with the company’s long-term growth, creating a shared future.
2) Insurance Coverage
We provide comprehensive health insurance for you and your family. From medical expenses to preventive care, our plans are designed to give you security in the face of life’s uncertainties.
3) Monthly Performance Incentives
What’s the thrill in chasing the targets, without the satisfaction of rewards? At Cloudbankin, we notice all your hard work and reward you for all the extra miles you reach with monthly performance incentives.
4) Competitive Salary Growth
We understand the importance of fair compensation for the valuable contributions that you give to the company. That is why we ensure the best salary packages that align with the industry standards. With competitive salary growth opportunities, we promise you that your developer skills will be rewarded right.
5) Job Security
At CloudBankin, uncertainty is never a word. You are not just an employee here. You are a valued member of our Cloudbankin family. Your job here is secure, knowing that you can confidently thrive and grow with your focus only on upliftment. Rest assured.
1) Women Employee Safety
We prioritize the well-being of our women employees by creating a secure and supportive workplace. Here, equality isn’t just a word – it’s a fundamental principle. Women are treated with the same level of respect and care as all other employees. We value everyone’s needs and concerns. We understand the unique challenges women may face and are committed to addressing their needs. At Cloudbankin, we ensure that every woman feels empowered and secure in their role.
2) Parental Leave
CloudBankin celebrates your family’s precious moments along with you. We make sure you get enough time to bond with the new member of your family and tackle the ups and downs of parenthood. We offer Maternity and paternity leaves that are provided in accordance with the latest regulations to embrace these precious moments without the added commitment of work.
3) Bereavement Leave
Life’s a rollercoaster, and sometimes it throws us for a loop. We offer bereavement leave to support our employees during difficult times. You can take your time to heal and know that we’re also here to give you a hand at those tough times.
Cloudbankin isn’t just about work-work-work! It’s all about the people. It’s about creating an environment where every individual is valued, supported, and celebrated. Whether you are starting your coding journey or you’re an expert Java developer, we invite you to Cloudbankin to join us in shaping the future of banking with advanced technology. Here, you’ll find more than just a job – a happy place, where your passion for programming truly flourishes.
So, if you are looking for job openings for Java developers in Chennai and are excited about the prospect of making a meaningful contribution to the world of Java development, then let’s connect. Join our vibrant community of developers at CloudBankin and take the first step towards an exciting new chapter in your career.
© 2024 LightFi India Private Limited. All rights reserved.
(Formerly known as Habile Technologies)
After smartphone penetration, people are not watching their SMS at all. They use SMS only for OTP related transactions. That’s it.
But What can a Lender see in your SMS after you consent to them?
Lender can see income, expenses, and any other Fixed Obligation like (EMIs/Credit Card).
1) Income – Parameters like Average Salary Credited, Stable Monthly inflows like Rent
2) Expenses – Average monthly debit card transactions, UPI Transactions, Monthly ATM Withdrawal Amount etc
3) Fixed Obligations – Loan payments have been made for the past few months, Credit card transactions.
It also tells the Lender the adverse incidents like
1) Missed Loan payments
2) Cheque bounces
3) Missed Bill Payments like EB, LPG gas bills.
4) POS transaction declines due to insufficient funds.
A massive chunk of data is available in our SMS (more than 700 data points), which helps Lender to make a credit decision.
An interesting insight on vehicle loans for lenders.
A trend we are seeing today – the first-hand vehicle ownership is decreasing with time. Why? People are upgrading their vehicles in every few years because of technological advances. And, this can be seen more with the millennial generation.
So, what should a lender do in terms of financing?
– Estimating the residual value of the vehicle at the start of the financing period.
– Charging a borrower only for the residual value (which is the difference between the value after a few years and the current value)
Example: A bike currently is INR 1 lakh. You want to buy the vehicle for 2 years. A lender will estimate the residual value of that bike today and what it would be after 2 years. If the estimated residual value = INR 45,000, the lender will charge you only that (say, INR 55,000 with interest for this instance) during your tenure.
At the end of 2-year period, you have 3 choices:
1. Return the bike and upgrade to a new one without going through the struggle of selling it.
2. Pay the lump sum remaining amount to own the vehicle outright.
3. Extend the financing and own it by keep paying the EMIs for the remaining amount of the vehicle for the next 12 or 18 months.
Benefits for the borrowers?
– Flexibility to use a vehicle and upgrade to a new one.
– Affordability to not pay for the complete value of the vehicle with the intention to use for a lesser amount of time.
– Convenience in owning the vehicle.
Say goodbye to the old lending option and embrace the new way of financing for vehicle by lenders!
How many of us know this?
1) Tiktok does Lending ( is it an entertainment company or social media company or a fintech company?
2) Youtube China does Lending
3) Top 100 internet companies in China(no matter what business they are in) do Lending
The team which was heading Lending in Tiktok was the Advertisement team. If we do Ads, we do X no of revenue. But if we do lending, we’ll get X+30% more revenue. This is on the same Ad spot.
Ad team has transformed into a lending team, and in today’s world, it’s possible because the subject matter expertise can be put in as an API and given to you.
Embedded Lending as a service is becoming popular in India too, and I am happy to be part of this ecosystem.
The answer is No. Only the top 10 crore people have access to many credit products in India. Almost all Banks focus on this market.
Once you go beyond that, the credit access rate has dropped significantly due to multiple factors.
1) Customers who are having low income(30-40K per month)
2) Not earning from an employer who belongs to Category A or B
3) Not from Tier 1 or 2 cities
NBFCs and Fintechs focus on the above segment, pushing another 10 crores of people.
But in India, 70 crores more people are formally or informally employed, which still needs to be tapped.