Loan Disbursement Officer / Executive

Apply Now
  • Work area(s)
Finance Department
  • Employment type
Full-Time
  • Location(s)
Mumbai

Description & Requirements

The Loan Disbursement Officer is responsible for managing the end-to-end loan disbursement process — ensuring all pre-disbursement checks, documentation, and approvals are in place. The role involves coordinating with credit, legal, and operations teams to ensure accurate, timely, and compliant loan disbursements to customers.

Responsibilities

  1. Loan Processing & Disbursement
  • Verify loan sanction terms, conditions, and supporting documents before disbursement.
  • Prepare and process disbursement entries in the loan management system (LMS).
  • Ensure accurate calculation of loan amounts, deductions, and charges as per policy.
  • Coordinate with accounts/finance teams for fund transfer to customers or vendors.
  1. Documentation & Compliance
  • Check completeness and validity of KYC, legal, and collateral documents before disbursement.
  • Ensure all pre-disbursement conditions (PDCs) are fulfilled.
  • Maintain proper documentation and records in both physical and digital form.
  • Adhere to internal credit policies, RBI/NBFC guidelines, and audit standards.
  1. Coordination & Communication
  • Liaise with credit, risk, legal, and sales teams for disbursement approvals.
  • Resolve discrepancies or queries related to customer details or document verification.
  • Update sales and branch teams on disbursement status and timelines.
  1. Reporting & Record Management
  • Prepare daily, weekly, and monthly disbursement reports.
  • Track pending disbursements and escalate delays for resolution.
  • Support internal and external audits by providing necessary records.

Requirements

  • Education: Graduate / Postgraduate in Commerce, Finance, or related field.
  • Experience: 2 -3  years of experience in loan operations, credit processing, or disbursement (Bank / NBFC / Fintech).

Application form

To create a new online application account, enter your personal details below. Your e-mail address should be readily accessible since our main method of contact with you will be via e-mail.