Collection and Sales Executive

Larsen & Toubro (L&T); Anakapalli; On-site; INR 180,000 - 280,000; Full time

Job summary

Larsen & Toubro (L&T) invites applications for the Micro Loan Officer - Field Officer role in rural branches. The position focuses on sourcing new village customers, forming Joint Liability Groups, performing eligibility checks, and ensuring timely KYC and disbursement processes.

Candidates should be graduates or diploma holders, own a two-wheeler, possess a valid driving license, and be ready to start at 6:30 AM.

Qualifications

• Interested in Sales and Collections.
• Graduate / Postgraduate / 12th / Diploma.
• Two-Wheeler (Driving License / LLR Mandatory).
• Pan Card.
• Age 21 Years to 32 Years.
• Willing to Start the Day at 6:30 AM.

Responsibilities

• Identify villages within radius and assess feasibility.
• Sourcing of customers and forming Joint Liability Groups.
• Disbursement support and loan documentation.
• Collect current dues with MERC entry.
• Follow up on overdues and initiate action against defaulters.

Skills

Sales & collections

Education

Graduate / Postgraduate / 12th / Diploma

Job description

Role - Micro Loan Officer - Field Officer

Reporting To Branch Manager

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

Eligibility:

• Interested in Sales and Collections
• Graduate / Postgraduate / 12 th / Diploma
• Two-Wheeler (Driving License / LLR Mandatory)
• Pan Card
• Age 21 Years to 32 Years
• Willing to Start the Day at 6:30 AM