Disbursment executive

Mcube Finance; Mumbai; On-site; INR 450,000 - 600,000; Full time

Job summary

ProLegion Inc. in Mumbai is seeking a detail-oriented Disbursement Executive to manage end-to-end loan disbursement activities for Home Loans, LAP, and other retail loan products.

The role requires 2–4 years of hands-on experience in loan disbursement or operations, strong MS Excel skills, and excellent coordination with banks, sales teams, and customers to ensure timely, compliant disbursements.

Qualifications

• 2–4 years of experience in loan disbursement or loan operations.
• Experience in Banks, NBFCs, DSAs, or Financial Services.
• Good knowledge of HL, LAP and Business Loans.
• Understanding of loan documentation and disbursement procedures.
• Proficiency in MS Excel and MIS reporting.
• Strong coordination, communication, and follow-up skills.

Responsibilities

• Handle end-to-end loan disbursement processes.
• Coordinate with Banks, NBFCs, sales teams, credit teams, and customers.
• Follow up on sanctioned cases and complete pre-disbursement formalities.
• Verify sanction letters, loan documents, legal and technical reports.
• Coordinate loan agreements, mortgage formalities, and MODT.
• Ensure compliance with lender-specific disbursement policies.
• Track pending cases and ensure timely disbursements.
• Maintain daily disbursement trackers and MIS reports.
• Update case status and maintain accurate records.

Skills

Disbursement operations

Coordination

Communication

MIS reporting

Tools

MS Excel

Job description

Job Title: Disbursement Executive

Location: Mumbai

Department: Portfolio

Experience: 2-4 Years

Industry: Banking / NBFC / DSA / Financial Services

Reporting To: Portfolio Manager

Job Summary

We are looking for a detail-oriented Disbursement Executive to manage end-to-end loan disbursement activities for Home Loans (HL), Loan Against Property (LAP), Business Loans (BL), and other retail loan products.

Key Responsibilities

• Handle end-to-end loan disbursement processes.
• Coordinate with Banks, NBFCs, sales teams, credit teams, and customers.
• Follow up on sanctioned cases and complete pre-disbursement formalities.
• Verify sanction letters, loan documents, legal and technical reports.
• Coordinate loan agreements, mortgage formalities, and MODT.
• Ensure compliance with lender-specific disbursement policies.
• Track pending cases and ensure timely disbursements.
• Maintain daily disbursement trackers and MIS reports.
• Update case status and maintain accurate records.

Desired Candidate Profile

• 2-4 years of experience in loan disbursement or loan operations.
• Experience in Banks, NBFCs, DSAs, or Financial Services.
• Good knowledge of HL, LAP, and Business Loans.
• Understanding of loan documentation and disbursement procedures.
• Proficiency in MS Excel and MIS reporting.
• Strong coordination, communication, and follow-up skills.