Loan Products Salesperson
4 hours ago
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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