Micro Home Loan Officers - Karnataka and Telangana

Job Role : Micro Home Loan Officer (MHLO) - Karnataka and Telangana

A confident individual who focuses on lending to individuals or groups seeking to build or purchase homes within a microfinance context. They assess applicants, manage loan disbursements, and ensure repayment, while also building strong client relationships and promoting the product to prospective customers.

Required Skills and Knowledge :

1. Strong interpersonal skills, the ability to build trust, and effective communication with clients.

2. Skills in promoting products and services to prospective customers and achieving sales targets.

3. Knowledge of lending regulations and the ability to accurately complete loan documents.

4. Familiarity with lending practices, and group lending models.

5. Ability to assess income, expenses, and financial stability of borrowers.

6. Understanding of credit risk, delinquency management, and loan recovery.

Key Responsibilities :

1. Evaluate loan applications, gather necessary documentation, and assess the financial capacity of the applicant or group.

2. Manage the disbursement of loans, ensuring adherence to guidelines, and monitor loan performance to minimize delinquencies.

3. Develop and maintain strong relationships with clients, both within the microfinance institution and with potential customers .

4. Actively promote micro home loans to potential clients, explaining the benefits and addressing their queries.

5. Ensure compliance with lending regulations and policies, and manage loan risk through regular monitoring and follow-up.

6. Monitor repayments, address delinquencies, and take appropriate action to recover outstanding loans.

Location:

Educational Qualification

Age Limit

Experience:

Two wheeler and DL are mandatory

Compensation: 2.75LPA - 4.5LPA

Other Perks :

1. Fuel Expenses will be reimbursed

2. PF and Gratuity

3. Corporate Mediclaim (Self & Family) & Accident Insurance

sohini.dutta@bandhanbank.com