Drive 61 Muthoot

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Visvesvaraya Technological University

“Jnana Sangama”, Belgaum-590018 Karnataka

Ref: CPC Drive – 2019/61 Date : 09-07-2019

Opening for
2019 Passing Supports the* Drive
out MBA &
Recruitment drive for 61
2018 Passed
out MBA

Company Profile:
The Muthoot Group is a flourishing business institution that has pervaded into
each and every big & small town of the country, is home to 18 diversified divisions
and 4500 plus branches with a global presence. Over 2,53,000 customers visit The
Muthoot Group branches every day. The Group has served over 48 crore customers
(including repeat customers) till date. The story of The Muthoot Group is built on
the foundations of passion, commitment, honesty, traditions and values. Our
principle of continuous growth and expansion forms the essence of all our
activities.
The Group recently celebrated 130 years of unblemished business excellence
lending services to millions of underserved Indians leading to Financial Inclusion
even in the most remote and rural areas of the country. Since its inception, The
Muthoot Group has been transforming lives of millions of Indians across the
country, giving wings to their dreams and creating successful realities. The
Muthoot Group has not only grown exponentially but has also facilitated growth for
a sizeable population of the country that falls in the underprivileged category.

Muthoot Finance today has a Gold Loan portfolio of over Rs.27,500 crores and an
additional Rs.2000 crores of Non-Gold Loan portfolio through its subsidiary
businesses, which is approximately 7% of the consolidated AUM. The management
has decided to increase its Non-Gold Loan products to upto 25% of the
consolidated AUM over the next 3 years. In this effort, over the last 8 quarters we
have commenced a personal loan vertical, primarily aiming at salaried borrowers.
The loan ticket size varies between Rs.1 lakh - Rs.10 lakhs. At present we have
launched personal loans in the three states of South India - Tamil Nadu, Kerala
and Karnataka. Our goal is to have pan-India disbursement of personal loans in
the next two years and grow the AUM to Rs. 1,000 crores by FY 2021.

WEBSITE: www.muthootgroup.com, www.muthootfinance.com


Current Requirement:

Job Description For Probationary Officers- Muthoot Finance

Salary: The salary during training period shall be based on the branches
the PO are posted such as corporation/Noncorporation/Metro.
The salary range will be from 2.30 Lakhs CTC to 2.90 Lakhs CTC.
The higher salary will be at Metro locations
Location: Across Karnataka
Education MBA from Reputed College with MBA in marketing and finance
criteria (2018 & 2019 passed out)
and M.COM (75% overall , 2018 & 2019 passed out)
Note:  Training of Six months in Branch Channel Sales
 Training of 3 months in Credit
 Training of 3 months in Operations
 Respective role/department depends on the requirements
 After completion of successful 1 years of Training will be
posted in

Stability  Willing to work in shift in accordance to business


requirement requirement. (6 days working )
 Day shift

Job description : Canvassing and sourcing of New Customers to increase Gold loan
Business, Revenue generations through Cross Selling products &
Interest Collection, Maintain good relationships with clients so that
the business can maximize the value of those relationships.
Customer Relationship and Follow-up,

Maintenance of important registers and daily reports,

Cash Management and accounting

Direct Marketing of Cross selling products at branches for


insurance/mutual fund/Personal Loan/Home Loan and other allied
products.

The successful selected candidates shall be given training for one


year Training. On successful completion of training period,
candidate will be confirmed as Astt. Manager – Grade 1.
Probationary officers are considered for fast track promotion
growth with in Muthoot group. Hence we are selecting from
Campus.
Skills and  Good communication skill
Requirements :
 Understanding of local language, fluency of English will be added
advantage

 Good Analytical skills

 Ability to probe customers business model

 Good interpersonal skills: should effectively manage the peers and


customers.

Interview Process:
Probationary Officer:
 First Round: Online test
 Second Round: Group Discussion or Face-to-Face with operation Team/ HR
Team.
 Third Round: Location check and Salary briefing, Nature of
Work & documents verification.
Date Venue
15/07/2019 East West Institute of Technology: No. 63, Anjananagar, Off
Magadi Road, Near, Vishwaneedam Post, BEL Layout,
Bengaluru, Karnataka 560091
17/07/2019 Sai Vidya Institute of Technology: Rajanukunte, via
Yelahanka, Bengaluru, Karnataka 560064
19/07/2019 UBDT College of Engineering is an engineering : University
BDT College of Engineering, Davanagere, Karnataka 577004

Kindly report to the venue if you meet eligibility criteria, You will not receive call
letter
Registration Link to apply(Registration closes on 09/07/2019

https://forms.gle/G6Qg17Jf31ijSEdZ8

VTU CPC wishes all the candidates a prosperous career ahead…….

* VTU CPC is only a platform to link the recruiter and the candidates. The candidates are advised to take
maximum care in selecting the recruiter and terms & conditions of appointment. VTU CPC is not
responsible for any lapses in the agreement between the candidate and the recruiter.

Dr. Binoy Mathew, Director, VTU’s Centralized Placement Cell (CPC): [email protected]

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