Assistant Manager - Rural Personal Loan - NW
This role is for an Assistant Manager at Bajaj Finserv focusing on rural personal loan business growth in Malegaon. Responsibilities include achieving sales targets, managing a sales team, and overseeing portfolio delinquency. The ideal candidate has prior experience in the banking or NBFC sector with expertise in refinance and gold loans. This position requires extensive travel to rural areas to manage distribution and business operations.
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Experience
2-3 years
Function
Sales
Work mode
Onsite, India
Company
Tier 1
What you will work on
This role is for an Assistant Manager at Bajaj Finserv focusing on rural personal loan business growth in Malegaon. Responsibilities include achieving sales targets, managing a sales team, and overseeing portfolio delinquency. The ideal candidate has prior experience in the banking or NBFC sector with expertise in refinance and gold loans. This position requires extensive travel to rural areas to manage distribution and business operations.
TAL's take
The role is at a major Tier-1 NBFC with clear ownership and team management responsibilities, though focused on rural branch sales.
The JD clearly outlines sales targets, team management, and specific product requirements for the rural personal loan business.
Salaries at Bajaj Finserv
13.5 LPA average
Based on 81 Grapevine salary entries for Bajaj Finserv.
Sales
6 - 8 years | L4
21 LPA average
Range: 21 - 21 LPA
Operations
0 - 2 years | Fresher
6 LPA average
Range: 2 - 10 LPA
Engineering
0 - 2 years | Fresher
8 LPA average
Range: 8 - 9 LPA
Finance
0 - 2 years | Fresher
3 LPA average
Range: 3 - 3 LPA
Must haves
- 2 to 3 years of experience in branch sales
- Prior experience in banking or NBFC industry
- Prior experience in refinance and gold loans
- Experience handling multiple product sales
- Team management and relationship management skills
- Willingness to travel extensively to rural locations
About the company
Bajaj Finserv is a major, well-established NBFC unicorn in India with a massive footprint.
Posts mentioning Bajaj Finserv
Got offer from 2 Organization.
Hi everyone, As I was searching for new roles and opportunity in many organizations I have finally received 2 offers / opportunities from Decathlon and Zomato. I'm currently in Bajaj Electricals Ltd (Sales Profile). YoE 1 yr and 3 months. Serving notice period (September is my last month). Current CTC - 6 lpa. I'm more interested in Operations / SCM profile and have been applying for the same but no luck even in entry level positions. As I have been applying for jobs like a robot on daily basis for the past 2 months, I have finally got 2 job offers. 1. Decathlon: Job Role: OSL Salary: 28k per month Location: Pune (Home Location) 2. Zomato: Job Profile: Customer Experience Associate (ZAAP program) Salary: 5 LPA CTC Location: Gurugram (Not bad huh) Now both organizations are good and both are offering a bit low in terms of Salary (especially Decathlon) but for me Salary is less important and professional growth is more important. I want you guys honest suggestions as to which one will be more better and how it will help me in professional growth in operations/scm. Thank you.
Bajaj Finance Plans $500 Million Offshore Borrowing Amid Stricter Domestic Regulations
- Bajaj Finance Ltd., India's largest non-banking finance company by market value, is planning to borrow up to $500 million offshore. - The company is negotiating terms with at least four foreign banks, with the debt's tenor ranging from three to five years and pricing linked to the Secured Overnight Financing Rate. - Funds will be raised under the Reserve Bank of India's external commercial borrowing route, which caps the interest rate at 500 basis points over the benchmark rate. - A spokesperson for Bajaj Finance declined to comment on the transaction. - Local shadow financiers are turning to global credit markets after RBI's new regulations made it difficult to raise domestic bank loans. Source: [https://www.business-standard.com/finance/news/biggest-shadow-bank-bajaj-finance-aims-to-borrow-500-million-loan-124081300084_1.html](https://www.business-standard.com/finance/news/biggest-shadow-bank-bajaj-finance-aims-to-borrow-500-million-loan-124081300084_1.html)
Ola Electric Sales Dip as Bajaj Gains Market Share
- Ola Electric's market share dropped to 27% in September from 32% in August, with sales hitting an 11-month low. - The company has been facing issues with hardware malfunctions and customer complaints, receiving almost 80,000 complaints monthly. - Bajaj Auto is catching up, with its market share doubling over the last two quarters. - Ola Electric's share price fell below Rs 100 for the first time since its stock exchange listing in August. - Analysts predict Ola Electric's market share could decline to 25% over the next five years due to increased competition and changes in government policies. Source: [The Arc](https://thearcweb.com/article/ola-electrics-sales-hit-an-11month-low-as-bajaj-gains-market-share-cOwqOlS4GzDBU4my)