Loan Skill Development Program
- Banking and Finance Courses, Certification Courses
- 563 (Registered)
Interested in working at Banks as a Loan or Credit Officer? SkillSchool has the right training for you, to prepare you for the job with the appropriate skills and knowledge. Our program is a comprehensive skills workshop designed to train aspiring individuals or professionals already working in the BFSI to become successful in their jobs.
Duration: 20 Days (40 Hours)
2 Hours /per Day (Monday to Friday): Interactive one-on-one Learning with 2 Hours of class daily
16 Hours focus on Course Module and 24 Hours of Soft skills training and interview preparation
Industry-experienced trainers: Seasoned Credit professionals with first-hand experience
Industry-Based Curriculum: Course modules tailored to the BFSI sector by blending the latest trends
24/7 Assistance
Soft Skills Training: Overall skill development
Job Preparation Support: Resume writing activities and Mock Interviews
Your job as a Loan or Credit Officer is to meet with individuals wishing to borrow money from your bank and evaluate their application by comparing various parameters, either to reject them or approve their loans. Loan officers also play a crucial role in marketing the bank’s services and products by contacting people and appealing to them with their lending offerings. This job demands great communication and persuasion skills, in addition to the technical knowledge of banking practices.
Program Overview
The SkillSchool Loan Skill Certification course is designed to equip interested individuals with knowledge of the various types of loans and how they work, along with core concepts like risk management, financial analysis, etc. The course will enable individuals interested in Finance careers to make sound decisions and gain progression in their careers. Learners in this program may expect to delve into the fundamental practices of processing loans from start to finish. The course will train learners about the processes involved in loans: originating, underwriting and closing them. The course also teaches learners about reading and interpreting loan documents and efficient management of loan portfolios.
Our expert instructors will engage with you in a practically motivating environment and make it very easy to understand and master the core concepts of loans and credits. By the end of the course, you will have the confidence to compare the important characteristics of loans and be able to cover the various analyzing and underwriting processes like qualitative and quantitative techniques.
Course Content
Retail Banking Professional Program Curriculum
Chapter 1 - What is loan and how do loan works? What is the rule of taking loans and how to maintain a healthy loan cycle?
- Definition of loan.
- How do loan works?
- Rule when taking loans.
- Maintaining a healthy loan cycle.
Chapter 2 - Eligibility criteria for taking loans.
- Age limit.
- Income criteria.
- Type of employment.
- CIBIL Score.
- Experience.
Chapter 3 - EMI Calculator and interest calculation.
- EMI: basics and calculation.
- Interest calculation and its details.
Chapter 4 - How to be safe from fraudulent loans? RBI guidelines about loans.
- How to be safe from fraudulent loans?
- How to deal with such cases?
- RBI rules and regulations.
Chapter 5 - Different types of loans, their usage and services provided by different banks.
- Different types of loans and their usage.
- Services provided by different banks.
Chapter 6 - Documents required for taking any type of loan.
- General documents.
- Specific documents.
Chapter 7 - E-nach and E-mandate their process, differences and usage to banks.
- Definition and features of E-nach and E-mandate.
- Process.
- Usage to banks.
Chapter 8 - CIBIL Score and loan compliances.
- CIBIL Score.
- Loan Compliances.
Become a Certified Banking Professional
40-Hour Online Course
Learn from your home by attending a 2-hour online class daily. Engage in interactive 16 hours for course theory and 24 hours for soft skills and interview preparation.
Build Soft Skills
Engage in Soft skills development and strengthen your critical thinking, problem-solving, persuasion, and attention to detail through practical activities. Build confidence with interview preparation.
Comprehensive classes Daily
Develop skills in demand in the Market for Loan officers through comprehensive training daily.
Interactive Learning
Role-playing, case studies, and Practical projects to provide a hands-on learning experience.
Industry Relevant Curriculum
Engage in a focused curriculum including Loan Processing, Risk Management and effective loan recovery.
Experienced Faculty
Get trained under well-qualified professionals known for their expertise, experience and exceptional knowledge.
Access to Learning Resources
Supplement your course learning by accessing study resources and materials, including journals, articles, videos, industry reports, etc.
Skill Workshops
Develop excellent sales skills through master workshops conducted by expert instructors.
24/7 Support
Access to personalized support for any questions and queries throughout the course.
- Candidates must possess Bachelor’s Degree from a recognised University or Institution with a minimum of 50% marks.
- Candidates must have Good academic record with a minimum of 50 per cent in their 10th and 12th grade.
- Candidates must have some basic knowledge about computer skills.
- Experience in sales is a bonus.
- Age limit of students must be between 20 to 30 years, with 30 being the maximum age.
This course is open to:
- Fresh Graduates: Looking to build a successful career in the banking and finance industry.
- Working professionals: Wishing to learn about debt insecurities and loan monitoring.
- Career switchers: Professionals seeking to transition to Career in Finance and Banking.
Program Outcomes
Speed up your career by attaining advanced skills development. Your upgraded skills will open doors to more job opportunities.
Stay up-to-date about the BFSI’s latest trends and practices and use your enhanced skills to broaden your career opportunities.
Develop the skills to evaluate risk and make informed decisions by employing credit analysis and financial information.
Become Skilled at analyzing financial statements and data to assess loan applications and their repayment capacity.
Learners will develop the skills of monitoring loans, detecting early warning signs and taking effective remedial measures for effective loan recovery.
Learners will build the necessary skills and be ready to navigate challenges on the job. They will be market-ready and be prepared to become Bank Loan Officers.
Program FAQs
Loan officers play critical roles in banks by marketing financial products and services to potential customers. Their daily task is to meet with individuals (loan applicants), check their eligibility for the loan and help customers avail loan services from banks. Their role also includes evaluating, approving or rejecting loan applications.
Candidates completing the course may expect to earn the following benefits:
- Candidates will earn a lifetime valid certification
- Upskills and learn industry trending skills
- Become job-ready and be able to employ your skills effectively
SkillSchool’s Loan Skills certification course is for 40 hours equivalent to 20 Days. Classes will be held daily for two hours each. The entire 40-hour program will consist of 16 hours of engagement with course theory and 24 hours of soft skills and interview preparation.
Unlike other financial institutions that demand several conditions, SkillSchool does not require candidates to have certain qualifications. However, the candidate must have a minimum bachelor’s degree in a relevant field from a recognised institution. The candidate must not be older than 30 years of age and not younger than 20 years.
No. SkillSchool does not provide placement assistance. However, candidates will be prepared thoroughly to navigate home search during the course. From developing an impressive CV to preparing you practically for the interview, candidates will undergo intensive training for job search during the course.
The Loan Skill Certification is designed for individuals interested in working in the BSFI sector. They are provided specialized training to work in the Loan industry with a focused curriculum and extensive practical training. Learners may expect to learn various topics during the certification course, including loan processing, underwriting, and servicing.
The course is a worthy investment for individuals interested in building a career in the BSFI industry with specialized expertise on Loan. The course will provide learners with the necessary practical skills and knowledge to have a smooth and successful Loan officer’s professional life.
Participants in the SkilSchool Loan Skill Certification course may expect to have 24 x 7 personalized support besides the daily online classes. Learners may feel free to connect with the trainers for any queries and doubts and seek intensive guidance.
The candidate must not be older than 30 years of age and not younger than 20 years.
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