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Job Vacancy Mumbai, Maharashtra Position Loan Disbursement Officer at HSAG

HSAG company icon
Published 4 hours ago

HSAG is currently accepting applications for the position of Loan Disbursement Officer in the Mumbai area. We are actively seeking qualified candidates for this Full-time opportunity.

We are looking for individuals who possess strong skills and have a minimum of beginners/seniors in the field. Along with technical expertise, we highly value qualities such as integrity, discipline, and a strong sense of responsibility in our potential employees.

HSAG operates within the (according to the company) industry. If you are interested in joining our esteemed organization, we encourage you to submit your application without delay.

Job Information

Company:HSAG
Position:Loan Disbursement Officer
City:Mumbai, Maharashtra
Province:Maharashtra
Education:Confidential
Job Type:Full-time

Job Description

    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).

Benefit

  • Access to the latest technology
  • Recognition and performance awards
  • Professional training
  • Collaborative work environment
  • Professional networking opportunities
  • Skill development
  • Work-life balance
  • Valuable work experience
  • Opportunities for promotion
  • Opportunities to contribute to business growth

Requirements

  • Physically and Mentally Healthy
  • Minimum Education of High School Diploma
  • Able to Work in a Team
  • Able to Work Under Pressure
  • No Criminal Record
  • Good Communication Skills
  • Experience in the Related Field (Preferred)
  • Minimum Age of 18 Years
  • Willing to Be Placed in the Designated Work Location

Company Address

Province Maharashtra
City Mumbai
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Company Information

HSAG