Required Assistant Loans, Thrissur

2.Assistant Loans: ( Fresher or Experienced)
Loan Application Processing: Assist in the collection and review of loan applications from members, ensuring all necessary documentation is complete.
Loan Assessment Support: Help in the preliminary assessment of loan applications, including verifying the applicant s eligibility, credit history, and financial information.
Document Preparation: Prepare loan agreements, contracts, and other related documents for approval and disbursement.
Member Interaction: Act as a point of contact for members, answering queries regarding loan terms, processes, and status of their applications.
Loan Disbursement Assistance: Ensure the timely and accurate disbursement of loans after approval, including coordinating with relevant departments for fund transfer and necessary follow-up.
Loan Repayment Management: Track and monitor loan repayments, generate repayment schedules, and assist in reminders for overdue payments.
Loan Recovery Support: Assist in the recovery process for delinquent loans by sending reminders, processing follow-up communications, and collaborating with the collections team.
Maintain Loan Records: Ensure that all loan files and records are properly maintained and updated in compliance with the organization 's policies.
Reporting: Assist in the preparation of reports related to loan disbursements, repayments, outstanding loans, and recovery status.
Compliance and Documentation: Ensure all loan applications and transactions comply with internal policies and regulatory guidelines, maintaining the integrity of the loan process.
Assist in Audits: Provide necessary documentation and support for internal and external audits related to loan management and financial records.
General Administrative Support: Assist in managing loan-related inquiries, filing, and general administrative tasks within the loan department.