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Peerless Smart Financial Solutions & Career Opportunity 28 January 2019


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Peerless Smart Financial Solutions & Career Opportunity: The following article of will update you about the latest updates about the Peerless Smart financial Solutions and career options in that company. So, candidates who are interested to get to know about the career opportunities in the Insurance sector are requested to go through the entire article and get to know about the company.

Peerless Smart Financial Solutions was established in the year 1932. The Peerless Insurance Co Ltd is one of the top Indian insurance companies back then presently it is known as The Peerless General Finance & Investment Co Ltd.

Peerless Industry Position

Currently Peerless is one of the reputed organizations when it comes to investments and savings related products and services. It is also the largest Registered Residuary Non-banking Company (RNBC). Its basic area of domination is generating savings from the absolutely ground levels of the economic strata.

Peerless works all around India and tries consistently to come up with products and services that are efficient of catering to the requirements of consumers and these factors have helped the company to build up its brand integrity.

Peerless Sub companies

The the other companies of Peerless are as follows:

  • Peerless Hospitex Hospital & Research Center Limited
  • Kaizen Leisure & Holidays Pvt Ltd
  • Peerless Developers Limited
  • Peerless Securities Ltd
  • Bengal Peerless Housing Development Co. Ltd – Sonar Taree Housing Complex, Animikha Housing Complex, Axis Multi-complex, Avishikta Housing Complex, Alaktika Housing Complex, Aahirini Neighbourhood Centre, and Avishai Commercial Complex
  • Old age Home – Milan Tirtha

Peerless Brand Image

In past years The Peerless has built up its brand as a personal financial products and services provider.  Peerless support to the interest of the common consumers and makes sure that the customers are paid at the assured time when their investments mature.

PGFI is equipped with various required technology and employs Smart Guides to carry out its relationship marketing operations. Currently, the organization has more than fifty thousand Smart Guides. It also handles the Smart Rojgar program that supports people to earn by themselves.

Peerless also provides many services at the doorsteps of the millions of its customers and believes in providing them with proper levels of security that helps them earn their trust and confidence.

One of the major mottos of the company has always been to provide its certificate owners a protected platform where they can put in their savings and also make sure that whatever they earn is reasonable enough.

Peerless Investment Policy

At present, the company has invested more than hundred percent of the funds invested by the depositors have been put in government securities as well as similarly approved medium of investment. This is one of the ways in which Peerless has tried to make a contribution to the cause of India.

Peerless Management

The  management team at Peerless are arranged below:

Name Designation
D Basu Chairman
SM Datta Director
AC Chakrabortti Director
Deepak Mukherjee Director
AK Chatterjee Director
Jayanta Roy Director (Financial Products Distribution)
SK Roy Managing Director
Pranab Kumar Choudhury Director
B Lahiri Director (Operations)

Peerless Financial Details

The following table will update you the financial updates of the organization from the year 2011-12.

Domain 2010-11 figures 2002-03 figures
Net worth (in INR crores) 1320 225
Cumulative maturity payments 18711 5845
Capital adequacy ration 113.74% 14.78%

Products of Peerless

The monthly deposit plan of Peerless is called the institutional clients, and savings funds that are supposed to deal with them as T eight six (86). It provides guaranteed returns in addition to it also provides cent percent protection of capital. The recurring deposit has a term period of 13 months and the minimum deposit amount required in this plan is Rs. 700/- per month that is provided in multiples of hundred. It offers a daily deposit too.

Peerless News

PGFI has recently announced a mutual fund business that will be handled by PFMCL (Peerless Funds Management Company Ltd). PFMCL will be a completely owned subsidiary of Peerless. The company has introduced many products such as ultra short term and liquid funds that have been designed keeping in mind the institutional clients, and savings funds that must deal with the requirements of the retail customers.

Office Network of Peerless

Peerless has a huge Indian network with 147 branch offices and 8 regional offices. Its office locations may be enumerated as below:

Eastern:  Kolkata, Durgapur, Arambag, Habra, Asansol, Haldia, Bankura, Howrah, Barasat, Krishnanagar, Barrackpore, Muzaffarpur, Basirhat, Patna, Berhampore, Ranaghat, Bhagalpur, Serampore, Bongaon, Sonarpur, Chinsurah, Suri, Contai, Tamluk, Diamond Harbour, and Kalna, Jamshedpur, Cuttack, Balasore, Ghatal, Berhampore, Midnapore, Bhubaneswar, Rourkela, Bhadrak, and Puri

North Eastern Region: Guwahati, Jalpaiguri, Agartala, Jorhat, Alipurduar, Katihar, Birpara, Malda, Bishalgarh, Nagaon, Balurghat, Raiganj, Coochbehar, Silchar, Dharmanagar, Siliguri, Dhubri, Tezpur, Dinhata, Tinsukia, Islampur, and Udaipur, New Delhi, Hoshiarpur, , Jodhpur, Bareilly, Kanpur, Chandigarh, Kurukshetra, Dehradun, Lucknow, Faridabad, Ludhiana, Ghaziabad, Meerut, Gorakhpur, Patiala, Gwalior, Sikar, Gurgaon, Srinagar, Hissar, and Varanasi, Agra, Jaipur, Allahabad, Jalandhar, Amritsar, Jammu, Ballia

Western Region: Mumbai, Bhopal, Aurangabad, Baroda, Jalgaon, Indore, Margao, Jabalpur, Nagpur, Mehsana, Nasik, Rajkot, Panaji, Surat, Pune, Udaipur, Thane, Raipur, and Ahmedabad

Southern Region I: Chennai, Ernakulam, Andaman, Kollam, Salem, Kannur, Trichy, Kottayam, Thiruvannamalai, Madurai, Alleppy, Thrissur, Calicut, Trivandrum, Nellore, Cuddapah, Rajahmundry, Guntur, Vizag, Karimnagar, Vijayawada, Coimbatore, Bangaluru, Mangalore, Chintamoni, Mysore, Hassan, Tumkur, Hubli, and Halasuru, Hyderabad, Khammam, Anantapur,

We hope that our article about Peerless Smart Financial Solutions & Career Opportunity will surely help you.


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