Post Disbursement Verifications of Loans disbursed during the preceding month.  The officer will do verification of 20% loan cases disbursed by the branch during previous (preceding) month. CMD will provide list of 20% borrowers disbursements made during a month and the officer will perform post verification of said borrowers on following parameters. Keeping in view the risk profile of concerned branch, the sample maybe increased by CMD.  To verify credit worthiness.  Reputation of customer.  Ensure the loan was utilized for the purpose it was taken off.  Repayment capacity of the Borrower.  Ensuring existence of borrower and guarantor & their businesses (economic activity) through verification of home & business addresses etc. and interacting with applicants / guarantors.  To assess whether borrowers and guarantor know & understand important loan terms, repayment amounts, due date of repayments and guarantee concept and their obligations in case of non-payment.  To identify any severe nature non-compliance during verifications.  Report regarding the field observations to be submitted to Credit Management Department on monthly basis so as to reach the report 10th of every month.

Hold a Bachelor’s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/ Agriculture/Economics/Accounts. Have 2-3 years of credit and / or operations related experience.

Excellent presentation skills. Ability to work under pressure

Bachelors

Credit Verification

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