Loan Officer

Job Description

Job Title: Field Loan Officer (FLO) – Microfinance Sector Location: Osmanabad, Maharashtra (Multiple Locations Available) Job Type: Full-Time Salary: ₹19,500 per month (CTC) + Incentives + Petrol Allowance --- Job Summary: We are hiring Field Loan Officers (FLO) for a leading Microfinance Institution. If you are passionate about fieldwork, financial inclusion, and community development, this is a great opportunity to grow your career. --- Key Responsibilities: Identify and evaluate new villages for business development Conduct feasibility studies and assist with village approval Source and form Joint Liability Groups (JLG) Verify customer residence and business details Conduct pre-disbursement training and support loan disbursements Collect current and overdue repayments as per schedule Maintain accurate documentation and MERC entries Follow up on delinquent accounts and support recovery efforts --- Eligibility Criteria: Education: Graduate (HSC with relevant MFI experience also accepted) Experience: Fresher or minimum 6 months experience (with experience proof) Age: 20 to 31 years Vehicle: Must own a two-wheeler with valid driving license Availability: Comfortable with early morning work schedule Relocation: Male candidates must be open to relocate (minimum 50 KM from home location) Female candidates considered for local locations only --- Salary & Benefits: Monthly CTC: ₹19,500 (₹2.34 LPA) Attractive Incentive Plan Petrol Allowance Provident Fund (PF) and ESIC from Day 1 Group Mediclaim Insurance: ₹1 Lakh (Covers Self, Spouse & Children) Personal Accident Insurance: ₹20 Lakhs Term Life Insurance: ₹10 Lakhs Annual Health Check-Ups --- Interview Location: Osmanabad, Maharashtra --- Apply Now to build a meaningful career while contributing to financial inclusion in rural India. Job Type: Full-time Pay: ₹15,000.00 - ₹22,000.00 per month Benefits: Cell phone reimbursement Health insurance Provident Fund Schedule: Rotational shift Work Location: In person Speak with the employer +91 7620237905