Business Development Officer for Used Cars

Equitas Small Finance Bank Ltd.; Cuddalore; On-site; INR 350,000 - 550,000; Full time

Job summary

Equitas Small Finance Bank Ltd. invites applications for a Business Development Officer - Used Car in Tamil Nadu (Cuddalore). The role focuses on sourcing used car loan leads and building a steady pipeline from direct customers, dealers, and DSAs to meet financing needs.

You will manage customer relationships, ensure timely documentation for loan proposals, and promote cross-sell products while adhering to RBI regulations and internal policies.

Responsibilities

• Develop consistent pipeline of applications from customers seeking finance for used cars.
• Manage relationships with customers, dealers and DSAs, responding promptly to requirements.
• Ensure timely collection of documentation for loan proposals to follow First Time Right.
• Support cross-sell of products such as savings accounts, deposits, and FASTag where applicable.

Job description

Business Development Officer - Used Car

Develop consistent pipeline of applications from good quality customers who require finance for purchase of Used cars through direct sourcing, Dealers, DSAs, market references etc., Effectively manage relationships with all customers by responding to their requirements in a timely and professional manner. Ensure that all documentation and information related to loan proposals are obtained in a timely manner to practice ‘First Time Right’ principle. Actively generate & pass on leads for cross-sell products like Saving Accounts, Current Accounts, Term Deposits, FASTag (wherever applicable) Ensure 100% compliance to Policies & Processes and all regulatory matters of RBI and other statutory bodies Closely follow up Channels and keep the relationship intact and ensure no PDD is pending beyond 60 days from his channels. Understand the products & policies of ESFB Used car Funding and offer the right scheme to the client and ensure customer’s requirement is met.