AHFL in collaboration with ITM - Edutech Training Pvt. Ltd
Aadhar Housing Finance Ltd. (AHFL) is promoted by Dewan Housing Finance Ltd. (DHFL) group with equity participation from International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. The company Operates under Housing Finance license and is subject to the rules and regulations of National Housing Bank (NHB). The company is driven by independent functioning and management structure, with adherence to the highest standards of Corporate Governance. With the experience and guidance of two major organisations, DHFL and IFC, Aadhar has become an entity to reckon with in a short span of time.
Aadhar Housing Finance in collaboration with ITM - Edutech Training Pvt. Ltd, offers a course in “Post Graduate Program in Housing Finance” The program has been designed to attract bright young graduates who want to build a career in retail banking sales. The course curriculum has been designed by AHFL to groom aspirants for taking over the front line sales function in housing loan. Selection Process is currently in progress.
Post Graduate Program in Housing Finance (PGPHF)
This is an Initiative of Aadhar Housing Finance Ltd. (AHFL) in partnership with ITM Edutech Training Private Limited. The Training program aims to attract young talent who wish to pursue a career in housing finance. It is one year training program designed to develop a pool of managers with housing finance knowledge and required skill-sets to perform efficiently in their day-to-day activities. The program will impart knowledge and allow talented students to develop industry-relevant skill sets across various functions such as business development, credit, operations, collections and general management.
Program Highlights
1 Year Program conducted by ITM Includes Internship and job offer at Aadhar Housing Finance Ltd. (AFHL). | |
The program focuses on balanced approach of providing inputs of relevant knowledge, developing skills and shaping required behaviors | |
The training imparts knowledge and skills in core housing finance areas, processes, systems, regulations and compliance frameworks involved in day-to-day operations. | |
Innovative pedagogy tools such as Co-teaching attempt to enrich the end-to-end learning experience of the trainees. | |
The faculty is trained not only by subject matter experts from Aadhar Housing Finance Limited but also by experts from the industry. | |
A cashless bridge in the form of a loan is provided to all participants to fund the cost of the program. | |
During 6 months Training, candidate will be paid monthly Rs. 5000/- as Education Grant to meet basic expenses. | |
During 6 months Internship, candidate will be paid monthly Rs. 15,000/- as Stipend. | |
On successful completion of the program, candidates will be absorbed by Aadhar Housing Finance Ltd. as Branch Credit Manager with a consolidated annual fixed CTC of Rs. 3,50,000/- | |
After completion of 1 Year, candidate will be given pathway to ITM University’s MBA to complete Masters while working at Aadhar Housing Finance Ltd. |
Program Structure
The program structure is as follows:
Term No (Duration) | Training Details |
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1 (6 months) | Classroom training at ITM campus |
2 (6 months) | Internship at Aadhar Housing Finance Limited |
Eligibility Criteria :
If you FULFILL ALL the below mentioned criteria, you will be eligible for Selection Process.
Any Graduates / fresh Graduate with 2 years work experience | |
Graduate in B.com/BBA/BBM with 50% aggregate | |
Age should not be more than 27 years as on training start date | |
Indian Nationals. |
Fees of the Training Program
Total Fees |
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The Program Fee is Rs. 2,90,000/- (all Inclusive) (Rupees Two Lac Ninety Thousand) |
Selected candidate can self-fund the training fee of Rs. 2,90,000/- or can avail loan facility. |
The cost is inclusive of expenses on faculty, training , boarding and lodging etc. |
Loan Assitance |
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Loan assistance will be provided to all the eligible shortlisted candidate for the program Loan assistance is available |
ITM Screening followed by Aptitude Test | |
Business Interview | |
HR Interview of Shortlisted Candidates by AHFL | |
Final Selection |
Roles & Responsibilities
Credit Profile
Business Development | Team Development & Management | Customer |
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Branch Credit Manager will be responsible for processing of housing loan application as per the policy and procedures. Underwrite & facilitate proposals till disbursement. | Ensuring that all the files are completed as per the documentation checklist. Ensuring that all the regulatory policies and procedures are met and adhered to. | Residence and property visit to be done at all the micro branches by the credit officer. |
To check the authentication of income proof submitted by the customer and verification through internal and external sources. | Conduct personal discussion with customer to establish credit worthiness. | Ensure cross-function coordination and execution of given responsibilities with the Sales, Technical, Operation, Account and other functions. |
Train, assist, encourage and coordinate with business for sourcing quality files which increases efficiency and jointly meet business targets. | Communication with external vendors like verification agency, valuation agency, personal decision agency, across assigned location and cross verification of the reports to be done. | Post disbursal documents (PDD) to be maintained and NIL PDD beyond 60 days of disbursement. |
Ensuring decision of cases within the defined TAT and maintain a healthy login to sanction ratio. | Protect organization from fraudulent practices & potential frauds. Cross sell of insurance product, to protect portfolio from loss. Cross branch audit and reporting, Responsible for delivering superior customer service. | Calling on QMC (Quick Mortality Cases). Review on periodical basis with respect to performance/delinquency/losses/fraud of the portfolio by monitoring. |