– Area Credit Manager

Position

Area Credit Manager

Company

Annapurna Finance (P) Ltd.

Department

Credit & Appraisal

Legal Entity

NBFC-MFI

Location

Zonal/Regional/Branch Office

Salary

Experience

3 years in MFI

Reports to

Zonal/State Credit Manager

1. Company Profile

Annapurna Finance (P) Ltd. is one of the largest Microfinance companies of India. Since inception Annapurna has grown at an accelerating pace & currently working in more than 1500 locations in 21 states of India. Annapurna offers small size loans to poor women in rural parts of the country for income generation purpose. Annapurna recently has entered newer segments like Housing Loan, Consumer Durables Loan, MSME Loan etc.

Its objectives are not only limited to just reach and serve but also by providing financial and technical support to strengthen entrepreneurial skill for effective and efficient undertaking of business activities.

Website: https://annapurnafinance.in/

1. Job Purpose

An Area Credit Manager will be responsible for managing loan approvals within defined turnaround time, ensuring adherence to compliance requirements, and monitoring portfolio quality across designated branches.
1. 1. Loan Approvals
1. Complete loan approval process within stipulated TAT.
2.



Monitor and control post-approval audit findings and provide timely compliance.
3. Analyse stage-wise loan proposal rejections and track the occurrence trends to identify the focus areas
2. Product Policy Execution
1. Ensure timely implementation of Head Office circulars, new products, and updated credit policies at the branch level
2. Training the branch staff on the updated process and policies as and when required.

- Branch Visits & related Analysis

1. Conduct regular branch visits and prepare analysis reports based on observations.
2. Identify early warning indicators leading to NPAs/overdue accounts and escalate to supervisors.

- Coordination & Support

1. Support branch teams in adhering the regulatory guidelines to ensure quality disbursements.

1. Skills

1. Must be proficient in MS office tools.
2. Must have good verbal and written communication skills.
3. Must have a friendly and skilled demeanour.
4. Must possess analytical skills to assess Borrower’s credit returning ability
5. Open to frequent travel within state

- Educational Qualification

1. Graduation in any stream
2. Experience: Minimum 3 years in Micro-finance

The above list is not exhaustive but aims to provide a broad range of duties and responsibilities.

📌 Area Credit Manager (Hisar)
🏢 Annapurna Finance
📍 Hisar