Company Description Spandana Sphoorty Financial Limited (SSFL) is a Non-Banking Finance Company – Micro Finance Institution (NBFC-MFI), licensed by the Reserve Bank of India and operating under the Companies Act, 1956. The organization has grown from a micro-credit society founded in 1998 into a formal NBFC focused on providing financial services to low-income households in both rural and urban areas.

Its lending programs aim to improve livelihoods, build financial identity, and enhance self-esteem, with a robust emphasis on supporting women borrowers. Spandana offers both group-based and individual micro-credit models, as well as products such as farm equipment finance and loans against gold jewelry. More information about the company and its services is available at www.spandanasphoorty.com.

Role Description The Loan Officer role at Spandana Sphoorty Financial Limited is a full-time, on-site position based in Jaipur.

The Loan

Officer will meet prospective and existing clients, assess household economics, explain loan products, and guide applicants through the loan origination process. Daily responsibilities include collecting and verifying documentation, conducting credit and field assessments, preparing loan applications, and coordinating with underwriting and finance teams for approval and disbursement. The role involves maintaining accurate records, monitoring repayment behavior, providing ongoing customer service, and supporting both group-based and individual micro-credit lending.





The Loan

Officer will also contribute to portfolio quality, compliance with internal policies and RBI guidelines, and community relationship-building in assigned areas.

Qualifications

- Candidates should possess strong knowledge and practical experience in Loan Officer responsibilities and loan origination processes.
- Candidates should possess skills in finance, including basic accounting, credit assessment, and understanding of microfinance operations.
- Candidates should possess underwriting-related skills, including risk evaluation, documentation review, and adherence to lending policies.
- Candidates should possess customer service capabilities, including client communication, problem-solving, and relationship management.
- Candidates should possess familiarity with micro-credit and rural/urban lending environments, preferably in the NBFC/MFI sector.
- Candidates should possess strong communication skills in relevant local languages and Hindi; basic English proficiency is an advantage.
- Candidates should possess the ability to work on-site in field conditions, travel to client locations, and manage time effectively.
- Candidates should possess a minimum of a high school diploma; a bachelor’s degree in finance, commerce, economics, or a related field is preferred.
- Candidates should possess integrity, attention to detail, and commitment to financial inclusion and community development.

📌 Loan Officer (Jaipur)
🏢 Spandana Sphoorty Financial
📍 Jaipur