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
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.
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.
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.
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).

📌 Loan Disbursement Officer / Executive Mumbai
🏢 HSAG
📍 Mumbai