Loan Products Salesperson

12 hours ago

Mumbai, Maharashtra, India Renate Ventures Full time ₹ 2,40,000 - ₹ 18,00,000 per year

Job Description: Loan Products Sales Associate (Renate Loans)

Position:
 Loan Products Sales Associate

Location:
 Navi Mumbai (with pan-India outreach)

Compensation:
 Base stipend ₹20,000/month + performance bonus (₹50,000–₹1,50,000/month potential)

Employment Type:
 Full-Time

About Renate Loans

Renate Loans is the corporate DSA (Direct Selling Agent) vertical of 
Renate Ventures
, specializing in
business loans, working capital finance, and corporate credit products
 through partnerships with top banks and NBFCs. We aim to 
disrupt corporate financing
 by providing faster access, cleaner processing, and relationship-led dealmaking.

Role Overview

We're looking for a 
driven, results-oriented salesperson
 who thrives on numbers and relationship-building. The role is simple but high-reward: 
bring in businesses looking for loans
, close disbursals, and earn directly from commissions.

Key Responsibilities

  • Daily target: 
    close an avg 3 loan disbursals per week
     (₹5Cr. average).
  • Generate leads through 
    networking, cold calling, and inbound marketing leads
    .
  • Educate clients on loan products (business loans, term loans, overdrafts, working capital).
  • Liaise with bank partners for documentation, approval, and disbursal.
  • Maintain strict compliance with 
    RBI DSA rules, KYC norms, and firm processes
    .
  • Track progress via CRM, ensure pipeline visibility, and report daily to the vertical manager.
  • Build a repeat client network for 
    steady disbursals and referrals
    .

Requirements

  • Experience in 
    loan sales / corporate banking / NBFC DSA / financial products
     preferred.
  • Strong knowledge of 
    business loans, working capital finance, and credit assessment basics
    .
  • Aggressive sales mindset: high energy, persistence, and negotiation skills.
  • Excellent communication in English and Hindi (regional language a plus).
  • Comfort with 
    daily targets and high-volume outreach
    .

Compensation & Growth

  • Base Stipend:
     ₹20,000/month.
  • Commission:
     30% of net firm profit per loan (avg ₹15,000 per deal closed).
  • Bonuses:
     Monthly performance bonuses on exceeding disbursal targets.
  • Growth Path:
     Potential to rise to 
    Manager/Director at Renate Loans
    , leading a larger team and drawing ESOPs.

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