Loan Processing Executive

Icon financial services

0 Years

Not disclosed

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Posted: 28 Feb 25

Job Description

We are DSA of loans, we need staff for documents collection, preparing loan files, handling clients, filling application form, Co-ordinating with bank. 2 wheeler is mandatory. 12th or freshers will also eligible.

Job Summary

A Loan Processing Executive is responsible for collecting documents, preparing loan files, coordinating with clients and banks, filling application forms, and ensuring smooth loan processing. The role requires excellent attention to detail, strong communication skills, and the ability to handle multiple loan applications efficiently.

Key Responsibilities

1. Document Collection & Verification

Collect KYC documents, income proofs, property papers, and other necessary documents from clients.
Verify the authenticity and completeness of all required documents.
Ensure compliance with bank and financial institution guidelines.

2. Loan Application Processing

Assist clients in filling out loan application forms accurately.
Prepare and organize loan files with necessary paperwork.
Submit applications to the concerned banks or NBFCs (Non-Banking Financial Companies).

3. Client Handling & Support

Explain loan products, eligibility criteria, interest rates, and repayment options to customers.
Address client queries and provide necessary assistance throughout the loan process.
Ensure timely follow-ups with clients for pending documents and updates.

4. Bank Coordination

Liaise with bank representatives, loan officers, and underwriting teams for smooth processing.
Track the status of loan applications and ensure timely approvals.
Assist in resolving any discrepancies or additional requirements raised by banks.

5. Compliance & Reporting

Maintain accurate records of loan applications and client details.
Ensure compliance with RBI guidelines, banking norms, and internal company policies.
Generate periodic reports on loan processing status, approvals, and rejections.

Skills & Competencies Required

✅ Knowledge of Loan Processing – Understanding of home loans, personal loans, business loans, and mortgage loans.
✅ Strong Communication & Interpersonal Skills – Ability to explain loan details and interact with clients and banks.
✅ Attention to Detail – Ensuring accurate documentation and compliance with banking standards.
✅ Problem-Solving Skills – Ability to handle customer queries and resolve loan processing issues.
✅ Technical Proficiency – Familiarity with banking portals, loan management systems, and MS Office (Excel, Word, Outlook).
✅ Time Management & Multitasking – Handling multiple loan applications and ensuring timely follow-ups.

More information about this Loan Processing Executive Job

Please go through the below FAQs to get all answers related to the given Loan Processing Executive job

What are the job requirements to apply for this Loan Processing Executive job position?
- Ans: A candidate must have a minimum of fresher as an Loan Processing Executive

What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: 12th Pass (HSE)
What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
This Loan Processing Executive is a work from home job?
- Ans: No ,its not a Work from Home Job.
How many job vacancies are opening for the Loan Processing Executive position?
- Ans: There are immediate 1 job openings for Loan Processing Executive in our Organisation.

Job Particulars

Role sales marketing executive

Education 12th Pass (HSE)

Who can apply Freshers

Hiring Process Walk - In, Face to Face Interview

Employment TypeFull Time

Job Id2628522

Job Category Sales and Marketing

Locality Address Aundh

State Maharashtra

Country India

About Company

Icon financial services

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