Axis Bank Hiring Fresher Gold Loan Officer | Apply Right Now

A Gold Loan Officer assesses and approves loan applications secured by gold collateral. Responsibilities include evaluating gold purity, determining loan eligibility, processing applications, managing customer relations, and ensuring compliance with financial regulations. Strong communication, analytical skills, and knowledge of the gold market are essential for success in this role.

• Job Role: Gold Loan Officer
• Salary: ₹15,000 – ₹50,000 a month
• Location: Barnagar, Madhya Pradesh
• Company: Axis Bank
• Qualification: Graduate/ MBA

About Company:

Axis Bank hooked up in 1993, is one in each of India’s major non-public vicinity banks. Headquartered in Mumbai, it provides an entire type of financial services, collectively with retail banking, business corporation banking, and treasury operations. Axis Bank serves over 20 million customers through a community of greater than 4,500 branches and eleven,000 ATMs at some stage in India. It moreover has a presence in global markets, offering offerings in Singapore, Hong Kong, Dubai, and Colombo. Known for its modern banking solutions, Axis Bank focuses on leveraging technology to decorate patron revel in and stress growth in the economic vicinity.

Role Overview:

Axis Bank in Barnagar, Madhya Pradesh, seeks a Gold Loan Officer with a monthly profit of ₹15,000 – ₹50,000. This full-time, everlasting position, appropriate for freshers, includes coping with gold mortgage operations, making sure compliance, and boosting productivity. The candidate ought to have a graduate degree, ideally an MBA in Marketing, with 2-4 years of relevant enjoy. Key responsibilities encompass retaining relationships with branch teams, training ASL executives, and meeting productiveness benchmarks. Benefits encompass fitness and existence coverage, paid unwell time, and a provident fund.

Roles and Duties Of Gold Loan Officer:

Customer Interaction and Guidance:

Gold Loan Officers are liable for interacting with clients to recognize their financial needs. They provide particular information about gold loan products, terms, and situations, guiding customers through the software technique.

Loan Processing and Documentation:

They deal with the cease-to-give-up process of mortgage programs, consisting of the verification of files which include identification proofs, deal with proofs, and gold ownership files. Ensuring the accuracy and completeness of office work is crucial to save you from fraud and mistakes.

Gold Appraisal and Valuation:

Conducting specific gold appraisals to determine the purity and fee of the gold being pledged is a key duty. An accurate valuation is critical for determining the mortgage quantity that can be sanctioned in opposition to the pledged gold.

Risk Assessment and Management:

Gold Loan Officers determine the threat worried in lending against the gold pledged. This includes evaluating the marketplace fee, liquidity, and first-class of the gold, in addition to the borrower’s creditworthiness to minimize capability defaults.

Loan Disbursement and Recovery:

They control the disbursement of accepted loan quantities to borrowers. Additionally, they reveal payments, issue reminders for due payments, and handle the restoration method in case of defaults, such as the sale of pledged gold if necessary.

Skills Required For Gold Loan Officer:

Financial Acumen:

A Gold Loan Officer must have robust expertise in monetary concepts, loan merchandise, and interest fees. This includes the capacity to assess the cost of gold as it should be, calculate loan quantities, and recognize the hazard elements involved in lending against gold.

Customer Service Skills:

Excellent interpersonal abilities are critical. The officer needs to be able to construct trust and rapport with clients, in reality, give an explanation for mortgage phrases and conditions, and provide a high stage of customer support. This enables in preserving a fantastic dating with clients, which is essential for repeat business and referrals.

Attention to Detail:

Precision is crucial when coping with gold and mortgage documentation. The officer ought to meticulously affirm the authenticity and purity of gold, ensure all paperwork is successfully finished, and comply with regulatory necessities to prevent fraud and ensure the legitimacy of transactions.

Sales and Marketing Skills:

To appeal to and maintain customers, a Gold Loan Officer must have sturdy income and advertising abilities. This includes selling mortgage products, information purchaser wishes, and effectively communicating the blessings of gold loans to capability clients.

Risk Management:

Proficiency in threat evaluation and control is essential. The officer should be able to evaluate the creditworthiness of candidates, investigate the risk of default, and put in force measures to mitigate these dangers, ensuring the economic balance of the lending institution.

Qualifications:

• Graduate/ MBA (Marketing) preferred from a recognized institute.
• 2-4 years of relevant work experience (preferably NBFC)

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