Micro Loan Officer

Key Duties and Responsibilities1. Business Development and Village Penetration

• Village Identification: Starting business in new villages and systematically identifying all serviceable villages within the assigned operational radius.
• Feasibility Study: Conducting a thorough feasibility study of potential villages based on demographics, local activities, and the financial needs of the customers.
• Approval Process: Assisting the MC-IC (presumably a Micro Credit-In-Charge or similar designation) in the required village approval process.

2. Customer Sourcing and Application Management

• Customer Identification & Group Formation: Identifying potential customers and facilitating the formation of Joint Liability Groups (JLGs).
• Application & Verification: Accurately filling out the application form, verifying the residence and business of the customer, and ensuring proper KYC verification.
• Pre-Disbursement Training (PDT): Conducting pre-disbursement training for approved customers.
• Business Development Visits: Regularly visiting potential customers to develop and expand the business portfolio.

3. Loan Disbursement

• Documentation: Collecting all required KYC documents and ensuring thorough loan documentation is completed.
• Disbursement Completion: Assisting the MC-IC for the completion of the disbursement activity.

4. Collection of Current Dues

• Collection Management: Collecting the collection sheets and stickers from the MC-IC.
• Scheduled Collection: Executing group-wise collection as per the scheduled time by strictly following the defined collection process.
• Deposit and Reconciliation: Timely deposit of collected money and performing the necessary MERC entry (Money/Collection Entry or similar).

5. Collection of Overdue Dues

• Portfolio Follow-up: Following up with defaulter customers using updated data reports of the assigned portfolio.
• Overdue Collection: Collecting overdue money as per the stipulated process.
• Deposit and Entry: Depositing the collected money in the bank and completing the necessary MERC entry.
• Default Action: Assisting the MC-IC in initiating appropriate action against the defaulters.

Job Types: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹45,000.00 per month

Benefits:

• Cell phone reimbursement
• Food provided
• Health insurance
• Leave encashment
• Life insurance
• Paid time off
• Provident Fund

Work Location: In person