Tata Capital Limited Job Opening: Loan Officer Position (Balangir, Cuttack, Dhenkanal, Ganjam, Kalahandi)
Tata Capital Limited, a prominent financial services provider in India, is currently seeking qualified candidates for the position of Loan Officer across multiple locations in the state of Odisha. This is an exciting opportunity to work with one of the leading financial institutions in India, offering dynamic career growth prospects in the finance and insurance sector.
Job Overview
Job Title: Loan Officer
Company Name: Tata Capital Limited
Sector: Finance and Insurance
Functional Area: Finance, Insurance, and Accounting Services
Nature of Job: Full-Time
Salary Range: ₹16,253 – ₹21,000 per month
Number of Openings: 200
Job Location: Balangir, Cuttack, Dhenkanal, Ganjam, Kalahandi
Posted on: 29th January 2025
Last Date to Apply: 31st March 2025
This role is an excellent opportunity for individuals interested in the finance sector, particularly in lending and customer service. As a Loan Officer at Tata Capital, you will be responsible for sourcing business, managing customer relationships, and ensuring that clients are provided with effective loan solutions.
Key Responsibilities of the Loan Officer Role
As a Loan Officer at Tata Capital, your primary responsibility will be to assist in sourcing new loan applications, evaluating loan proposals, and supporting customers throughout the loan application process. Some of the key duties include:
Relationship Management: Building and maintaining strong relationships with clients is crucial. You’ll work with existing customers and prospective clients to provide financial advice and recommend suitable loan products.
Business Sourcing: One of your key responsibilities will be to identify and source new business. This involves leveraging your network, conducting market research, and using innovative sales strategies to attract new customers.
Customer Service: You will be the point of contact for customers, answering queries, addressing concerns, and guiding them through the loan process. Excellent customer service is essential for ensuring a positive customer experience.
Loan Application Processing: Assisting customers in filling out loan applications, ensuring all documentation is in order, and guiding them through the approval process.
Sales: A flair for sales is essential in this role. You will be expected to actively promote Tata Capital’s financial products and services and meet business targets.
Market Analysis: You’ll need to have a good understanding of the local market trends and competitors to provide customers with the best options available.
Administrative Tasks: Performing administrative duties related to loan processing, including maintaining records and ensuring compliance with company policies and regulations.
Skills and Qualifications Required
Tata Capital Limited is looking for candidates who possess a blend of key skills and qualifications that will help them succeed in the Loan Officer position. The minimum requirements are as follows:
Educational Qualification:
The minimum educational requirement for this role is a 12th pass.
Having a higher qualification in finance, business, or related fields can be advantageous but is not mandatory.
Skills and Competencies:
Computer Skills: Basic computer literacy is a must, including proficiency in Microsoft Office Suite and familiarity with banking software.
Communication Skills: Excellent verbal and written communication skills are essential. You will be interacting with a diverse customer base and need to be able to explain financial products clearly.
Customer Relationship Management: You must have a strong understanding of how to build and manage relationships with customers, ensuring they remain satisfied throughout the loan process.
Flair for Sales: A keen interest in sales, the ability to persuade, and the skill to close deals are key attributes for this position.
Understanding of Customer Service: A strong grasp of customer service principles is essential to ensure that every customer interaction is handled professionally and effectively.
Additional Skills:
Sales Orientation: As the role involves sourcing new business and meeting targets, a goal-oriented approach and a proactive mindset are crucial.
Attention to Detail: Accuracy is important when handling loan applications and documentation.
Age Requirement:
Applicants should be between 18 to 31 years of age as of 29th January 2025.
The date of birth for eligible candidates should fall between 29th January 1994 and 29th January 2007.
Location and Job Locations
This is an exciting opportunity for candidates based in or willing to relocate to the following locations in Odisha:
Balangir
Cuttack
Dhenkanal
Ganjam
Kalahandi
Tata Capital is committed to providing equal opportunities to candidates from these regions, ensuring a broader representation of candidates across the state.
Salary and Benefits
Tata Capital offers a competitive salary range of ₹16,253 – ₹21,000 per month for this role. The remuneration package includes monthly salary, which will be commensurate with experience and qualifications. In addition to the monthly salary, Tata Capital employees also enjoy other benefits, which may include:
Health Insurance: Comprehensive health insurance coverage for you and your family.
Provident Fund: Contributions to the provident fund for long-term financial security.
Performance Incentives: In addition to the base salary, employees may earn performance-based incentives for meeting targets.
Career Growth: Tata Capital offers excellent career advancement opportunities and encourages internal growth and development.
Application Process
Interested candidates must apply online by submitting their application on the Tata Capital Careers portal before the deadline of 31st March 2025. When applying, ensure that your resume is up-to-date and highlights relevant experience in finance, customer service, and sales.
You can reach out to Tanmaya Prakash Sahoo, the recruitment contact person, via email at Tanmaya.Sahoo@tatacapital.com for further inquiries or clarifications.
Why Work at Tata Capital Limited?
Tata Capital Limited is part of the Tata Group, one of the most respected business conglomerates in India and worldwide. Working at Tata Capital offers numerous benefits, including:
Prestigious Employer: Being part of Tata Capital, a leading financial services provider, will enhance your professional credibility.
Work-Life Balance: Tata Capital places a strong emphasis on work-life balance, providing employees with a healthy and supportive work environment.
Learning and Development: You’ll have the opportunity to work with experts in the financial services industry, giving you valuable exposure and learning opportunities.
Inclusive Culture: Tata Capital is known for its inclusive and diverse work culture, which fosters innovation, collaboration, and teamwork.
Career Growth: Tata Capital believes in nurturing its talent. As a Loan Officer, you’ll have the chance to progress within the company and take on new challenges as you grow in your career.
Conclusion
This is an excellent opportunity to join Tata Capital Limited as a Loan Officer and build a promising career in the financial services sector. With openings across various locations in Odisha, the role offers a competitive salary, comprehensive benefits, and an opportunity to work with one of India’s most respected financial institutions. If you have the right qualifications, skills, and the drive to succeed, don’t miss this opportunity to be part of Tata Capital.
Apply now before the 31st March 2025 deadline to start your journey with Tata Capital Limited!