Loans Officer

4 days ago

Tumkur, India Meritude Skills Development Full time

**Job Title**: Micro Loans Officer

**Department**: Frontline - Microfinance Institution (MFI)
**Reporting To**: Meeting Centre Manager

**Educational Qualification**:

- Any Non-Technical Undergraduate (UG) degree

**Age Criteria**:

- 21 to 33 years

**Mandatory Requirements**:

- Two-wheeler (bike)
- Valid Driving License (DL)

**Compensation & Benefits**:

- **Annual CTC**: ₹2,04,000 to ₹2,34,000
- **Monthly Incentives** based on performance
- **Statutory Benefits**: ESI & PF
- **Additional Benefits**:

- Group Life Insurance
- Family Medical Coverage
- Group Personal Accident Insurance
- Performance-based additional incentives

**Key Duties and Responsibilities**:1. **Business Development in New Villages**
- Identify potential villages within the specified radius
- Conduct feasibility studies based on demographics, economic activities, and financial needs
- Assist Meeting Centre In-Charge (MC-IC) with village approval process

2. **Sourcing New Clients**
- Identify potential clients and form Joint Liability Groups (JLGs)
- Conduct residence and business verifications
- Deliver pre-disbursement training
- Visit potential customers to promote loan products

3. **Loan Disbursement**
- Collect required KYC documents
- Assist in completing the loan disbursement process
- Ensure proper loan documentation

4. **Collection of Current Dues**
- Collect payment sheets and stickers from MC-IC
- Carry out group-wise collections as per the scheduled plan
- Deposit collected money as per company policy
- Update records in MERC system

5. **Collection of Overdues**
- Follow up with defaulters using updated portfolio reports
- Ensure overdue amounts are collected and deposited
- Support MC-IC in initiating recovery actions against defaulters
- Maintain accurate collection records in MERC

Pay: ₹204,000.00 - ₹234,000.00 per year

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift
- Morning shift

Supplemental Pay:

- Commission pay
- Performance bonus
- Yearly bonus

Work Location: In person

**Speak with the employer**
+91 6361988950

  • Walk in Drive For Sales Officer Vehicle Loans

    5 days ago

    Davangere, Tiptur, Tumkur, India Equitas Small Finance Bank Full time ₹ 4,00,000 - ₹ 8,00,000 per year

    Greetings from Equitas Small Finance Bank Currently we are conducting Walk in interview for Sales officer(car Loans & Commercial Vehicle Loans) for Devanahalli, Davangere, Tumkur, Tiptur, Bellary, HospetCandidates with 1 year of any Loan sales experience can applyGraduate Fresher's (Male candidates) interested in sales can also applyTwo Wheeler & Knowing...

  • Relationship Officer

    2 weeks ago

    Tumkur, India Suryoday Small Finance Bank Ltd Full time

    * Product : Micro Home Loan - Male only preferred - Fresher or experience can apply Qualification : HSC or Degree - Must have two wheeler - Ready to work in field - Age limit - 20 to 31 years **Job Types**: Full-time, Permanent, Fresher **Benefits**: - Health insurance - Provident Fund Schedule: - Day shift Supplemental Pay: - Performance bonus Work...

  • Debt Collection Officer

    2 weeks ago

    Tumkur, India YOUNGSTERS GROUP Full time

    Visiting clients and informing them of unpaid debts - Handle client grievances about unpaid debts and provide timely response - Clear up any client confusion about product policies and agreements - Searching publicly available databases and documents to locate defaulters - Initiating legal and repossession proceedings if debt recovery fails. **Salary**:...

  • Relationship Officer

    7 days ago

    Tumkur, India Fusion Microfinance Ltd Full time

    Starting business in a new village - Village identification within the radius - Feasibility study of the village based on demographics, activities and financial needs of the customers - Assist the MC-IC in making the village approval - Sourcing of business - Identification of customers and forming of Joint Liability Groups - Verification of the residence and...