Front Line Officer - Micro Loans

L&T Financial Services Ltd

Department

Frontline – MFI

Designation Micro Loans Officer

Reports to Meeting Centre Manager

Duties and responsibilities

1. Starting business in a new village

a. Village identification within the radius

b. Feasibility study of the village based on demographics, activities and financial needs of the customers

c. Assist the MC-IC in making the village approval

2. Sourcing of business

a. Identification of customers and forming of Joint Liability Groups

b. Filling up of the application form

c. Verification of the residence and business of the customer

d. KYC verification

e. Pre-disbursement training

f. Visiting potential customers in order to develop business

3. Disbursements

a. Collection of KYC documents

b. Assisting the MC-IC for disbursement activity completion

c. Loan documentation

4. Collection of current dues

a. Collect the collection sheets and stickers from MC-IC

b. Group-wise collection as per scheduled time by following the process

c. Deposit of collection money

d. MERC entry

5. Collection of over dues

a. Follow up with the customers with updated data report of assigned portfolio

b. Collection of money as per process

c. Depositing the money in bank

d. MERC entry

e. Assist the MC-IC in initiating action against the defaulters

• Experience

  0 - 3 Years

• No. of Openings

  10

• Education

  Any Bachelor Degree

• Role

  Front Line Officer

• Industry Type

  Accounting / Finance

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office