Bajaj Finserv Recruitment 2025: Centre Manager – Microfinance Positions Open

Bajaj Finserv’s Microfinance division has opened recruitment for the position of Centre Manager – Microfinance under the Junior Role category. The position is critical to the ground- level operations of Microfinance, providing financial inclusion and loan facilitation at the village level. The selected candidate will be posted in Vaniyad, Aravalli district, Gujarat, one of the focus areas for micro-lending and rural outreach initiatives.

Microfinance in India is a key driver of rural economy development through the provision of credit and other financial services to the excluded. As a Centre Manager, you will not only be responsible for business growth but also customer relationship maintenance, loan recovery on time, and financial literacy among the rural masses.

Important Dates

• Notification Release Date: 13 February 2025
• Last Date to Apply: 13 February 2026

Application Fee

• Application Fee: No fee is required to apply for this post.

Vacancy Details

Eligibility Criteria

Educational Qualification

• Minimum qualification: Graduation in any discipline (preferred).
• Candidates with other qualifications (Diplomas, vocational education, etc.) may also be considered if relevant experience is met.

Experience

• Minimum of 1 to 2 years of experience in Microfinance, field sales, or customer-facing rural operations.
• Experience in conducting village surveys, customer verification, and managing loan recovery will be advantageous.

Skills Required

• Proficiency in the local language along with good communication skills in Hindi and English is required.
• Ability to conduct financial literacy sessions and build rapport in rural communities.
• Comfortable with data entry and use of digital platforms (Loan Origination System – LOS).
• Familiarity with credit operations and rural loan disbursement practices.

Age Limit

• There is no explicitly stated upper age limit, but candidates typically fall within the working age group of 21 to 35 years.

Pay Scale & Benefits

• Pay Grade: GB01 Level
• Compensation: Competitive salary in accordance with the Microfinance Industry standards.
• Additional Perks:
  • Incentives linked to performance will be provided based on loan disbursement and recovery targets.
  • Travel allowance for field visits.
  • Skill development and training programs.
  • Opportunity for career advancement within the Microfinance division.

Roles and Responsibilities

As a Centre Manager in Microfinance, your duties will include:

1. Village Surveys & Prospecting:
   • Identify potential borrowers in target villages.
   • Promote financial products and services under the Joint Liability Group (JLG) model.
2. Customer Sourcing & Group Formation:
   • Onboard new clients and form JLGs.
   • Explain product offerings and conduct Credit Group Training (CGT).
3. Documentation & Loan Process:
   • Conduct house verification and income assessments.
   • Complete all data entry and upload documents in the Loan Origination System (LOS).
   • Team up with Branch Managers and Credit Ops Officers to get the green light and ensure smooth fund releases.
4. Centre Meeting Management:
   • Organize and conduct centre meetings with borrowers.
   • Ensure 100% attendance and collection on scheduled days.
   • Promote top-up loans and cross-sell banking products.
5. Recovery & Monitoring:
   • Ensure timely and full recovery of dues.
   • Conduct post-disbursement follow-up and end-use monitoring of loans.
   • Resolve customer grievances and normalize delinquent accounts.
6. Compliance & Reporting:
   • Maintain 100% adherence to standard operating procedures (SOPs).
   • Generate daily reports and submit them to the Branch Manager.
   • Ensure zero audit findings and follow all banking regulations.

Selection Process

The selection process for the Centre Manager – Microfinance position is straightforward and includes:

1. Shortlisting based on application and experience
2. Telephonic or in-person interview with the recruitment panel
3. Final selection based on performance and background verification

Only candidates who meet the required experience and demonstrate on-ground knowledge of microfinance operations will be shortlisted for the interview stage.

How to Apply

Interested and eligible candidates can apply online through the Bajaj Finserv careers portal or via authorized recruitment partners. The application must include:

• Updated resume
• Educational qualification proof
• ID and address proof
• Experience certificates (if applicable)

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