Loans Officer

As a Micro Loans Officer at the frontline Microfinance Institution (MFI), you will be responsible for conducting various activities within a 30 km radius of the assigned area. Your primary role will involve business development in new villages, sourcing new clients, loan disbursement, collection of current dues, and collection of overdues. Your efforts will play a crucial role in expanding the reach of financial services to underserved communities. To be eligible for this position, you should hold a Non-Technical Undergraduate (UG) degree. However, 12th pass candidates with a minimum of 3 years of experience in a Financial Institution may also apply. The ideal age range for this role is between 21 to 33 years. As part of the mandatory requirements, you must possess a two-wheeler (bike) and a valid Driving License (DL). The compensation package includes an Annual CTC ranging from 2,04,000 to 2,34,000 along with monthly incentives based on performance. Additionally, you will receive Statutory Benefits such as ESI & PF, as well as Group Life Insurance, Family Medical Coverage, Group Personal Accident Insurance, and performance-based additional incentives. Your key duties and responsibilities will include identifying potential villages, conducting feasibility studies, sourcing new clients, facilitating loan disbursement, collecting current dues, and following up with defaulters. You will also be required to maintain accurate collection records in the MERC system. This is a full-time position that offers benefits such as health insurance and Provident Fund. The work schedule is during day shifts and morning shifts, with opportunities for performance bonuses and yearly bonuses. Your dedicated efforts will contribute to the growth and success of the Microfinance Institution in providing financial assistance to those in need.,