Credit Officer

salary 18,000 - 22,000 /month
company-logo
job companyMahashakti Finance
job location Sector 17 Dwarka, Delhi
job experience0 - 2 years Experience in Sales / Business Development
5 Openings
full_time Full Time

Job Highlights

qualification
12th Pass and above
gender
Females Only
jobShift
10:00 AM - 06:30 PM | 6 days working
star
PAN Card, Aadhar Card

Job Description

Job Overview:

The Credit Officer is responsible for evaluating online loan applications, assessing risk, ensuring compliance with regulatory guidelines, and managing collections to minimize bad debts. The role requires strong communication & analytical skills, decision-making abilities, and a customer-focused approach to ensure timely recoveries.

Key Responsibilities: Loan Processing & Credit Assessment:

  • Evaluate online loan applications, verify income/employment, and assess creditworthiness using financial statements and CIBIL reports.

  • Ensure compliance with company credit policies, RBI/NBFC guidelines, and regulatory norms.

  • Approve or reject loan applications based on risk assessment.

Documentation pre–Loan Disbursement:

  • Verify KYC, salary slips, bank statements, and other loan agreements before disbursement.

  • Assess borrowers' nature and intentions for loan repayment based on online chats/telephonic conversations.

  • Educate borrowers on loan terms, repayment schedules, and penalties.

  • Coordinate with finance teams for timely loan disbursements.

  • Identify fraud, risks and report suspicious applications.

Collections & Recovery:

  • Monitor active loans and track overdue accounts.

  • Contact borrowers via calls, emails, and messages to ensure timely payments.

  • Negotiate repayment plans and settlements to optimize recovery.

  • Escalate non-recoverable loans to recovery teams if necessary.

Customer Relationship Management:

  • Maintain strong customer relationships to improve repayment rates.

  • Address borrower queries and educate them on responsible borrowing.

Qualifications & Skills:

  • Education: Bachelor’s degree in Finance, Commerce, Accounting, or a related field.

  • Experience: Preference for experience in credit assessment & collections (NBFC/ loans).

  • Technical Skills: Working knowledge in MS Excel, Credit bureau (CIBIL) reports and Bank transactions analysis.

Other Details

  • It is a Full Time Sales / Business Development job for candidates with 0 - 2 years of experience.

More about this Credit Officer job

  1. What is the eligibility criteria to apply for this Credit Officer job?
    Ans: The candidate should be 12th Pass and above and above with 0 - 2 years of experience of experience
  2. How much salary can I expect for this job role?
    Ans: You can expect a salary of ₹18000 - ₹22000 per month that depends on your interview. It's a Full Time job in Delhi.
  3. How many working days are there for this Credit Officer job?
    Ans: This Credit Officer job will have 6 working days.
  4. Are there any charges applicable while applying or joining this Credit Officer job?
    Ans: No, there is no fee applicable for applying this Credit Officer job and during the employment with the company, i.e., MAHASHAKTI FINANCE.
  5. Is it a work from home job?
    Ans: No, it’s not a work from home job and can't be done online.
  6. How many openings are there for this Credit Officer role?
    Ans: There is an immediate opening of 5 Credit Officer at MAHASHAKTI FINANCE
  7. Who can apply for this job?
    Ans: Only Female candidates can apply for this Sales / Business Development job.
  8. What are the timings of this Credit Officer job?
    Ans: This Credit Officer job has 10:00 AM - 06:30 PM timing.
Candidates can call HR for more info.
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Other Details

Incentives

No

No. Of Working Days

6

Skills Required

Convincing Skills, Computer Knowledge, MS Excel, Lead Generation

Contract Job

No

Salary

₹ 18000 - ₹ 22000

English Proficiency

Yes

Contact Person

Neha Verma

Interview Address

1st Floor, Plot No-17, Block-C, Near By HDFC, Sector 17 Dwarka, Delhi
Posted 10+ days ago
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