RELATIONSHIP EXECUTIVE
Relationship Executive at Muthoottu Mini Financiers Ltd, operating within the lending sector. The role involves daily door-to-door marketing, business development, loan recovery, and gold ornament verification. Candidates must demonstrate punctuality and the ability to work collaboratively to meet branch targets. This is an entry-level position suitable for a fresh graduate.
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Experience
0-1 years
Function
Sales
Work mode
Onsite, India
Company
Tier 2
What you will work on
Relationship Executive at Muthoottu Mini Financiers Ltd, operating within the lending sector. The role involves daily door-to-door marketing, business development, loan recovery, and gold ornament verification. Candidates must demonstrate punctuality and the ability to work collaboratively to meet branch targets. This is an entry-level position suitable for a fresh graduate.
TAL's take
Entry-level sales role for a regional financial firm with standardized, high-volume operational tasks.
The JD is clear about responsibilities including door-to-door marketing, loan recovery, and gold security checks.
Must haves
- Graduation
- Age 21-30
- Ability to perform daily door-to-door marketing
- Capability to verify gold ornaments for loan security
- Willingness to support branch business development and recovery efforts
About the company
Established regional financial services company with a focus on gold loans.
Posts mentioning Muthoottu Mini Financiers Ltd
Google Partners with Muthoot Finance to Boost Credit Accessibility in India
- Google Pay partners with Muthoot Finance, India's largest gold-backed loans provider, to offer secured loans across India. - The move aims to expand credit accessibility in a market where traditional lending often falls short. - Gold holds unique significance in India, with about 1 billion people spending roughly ₹1 trillion annually on gold imports. - Google's initiative taps into the cultural and economic importance of gold, potentially opening new avenues for millions to access formal credit. - Google Pay is among the most popular payment apps in India, processing more than 37% of the 15 billion monthly transactions on UPI. Source: [Techcrunch](https://techcrunch.com/2024/10/03/google-taps-india-love-for-gold-to-boost-its-credit-play/)
Suggestion on corporate bonds
I am thinking of investing 10 lakhs in corporate bonds. I shortlisted a few bonds which are somewhat good in rating (greater than A). I don't want to risk my money. So, I am looking for a bond for a short duration which is less than 15 months. My shortlisted ones are Navi Finserv, Vivrithi capital, iifl samasta, Muthoot microfin. Please suggest the best one from this list and please share your personal experience with corporate bonds.
RBI's Crackdown on Gold Loan Practices Hits Lenders
- **RBI** has called for corrective measures in gold loan practices within three months. - **Muthoot Finance** fell 3.9% and **Manappuram Finance** declined 1.9% due to concerns over **ROAs**. - Issues include improper valuation, LTV breaches, and inadequate governance with fintechs. - **IIFL Finance** rose nearly 0.5%, while private banks ended flat or lower. - Analysts see this as a good entry point for Muthoot Finance despite regulatory concerns. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/gold-loan-companies-slip-as-rbi-orders-corrective-measures-for-lapses/articleshow/113867489.cms), [Business News India](https://www.businesstoday.in/personal-finance/news/story/rbi-demands-gold-loan-lenders-address-irregular-practices-within-3-months-448334-2024-10-02), [Mint](https://www.livemint.com/industry/banking/gold-loans-asset-class-fintechs-rbi-warning-11727784852546.html)