Repco Micro Finance Limited (RMFL) is a prominent Non-Banking Financial Company (NBFC) playing a crucial role in providing financial inclusion across India. For aspiring candidates seeking a stable career in the financial sector, understanding the recruitment landscape of RMFL is paramount. This guide provides comprehensive information on the institutional overview, standard entry gateways, essential eligibility criteria, and typical career progression expected for positions advertised by RMFL.
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About Repco Micro Finance Limited
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Repco Micro Finance Limited (RMFL) incorporated in the year 2007 as Repco MSME Development & Finance Ltd and registered as NBFC with Reserve Bank of India in year 2010. Later it was classified as NBFC-MFI in December 2013.The company is promoted by Repatriates Cooperative Finance & Development Bank Ltd.,(Repco Bank) which is a Govt. of India Enterprise.RMFL is engaged in the activity of extending loan to economically backward women through Women Self Help Group for income generation purposes.The main objective of the company is to assist the poor women for their upliftment, promoting entrepreneurship and providing micro credit/ finance in different loan cycle at reasonable rates of interest.
Official Address
Contact Information
- 044 2431 0212
- Visit Official Website
This organization has released 1 recruitment notifications in the last 3 years.
Expired / Closed Notifications
About Repco Micro Finance Limited Careers
Repco Micro Finance Limited (RMFL), established with the objective of extending microfinance services to the economically weaker sections of society, operates as a key player in the financial inclusion domain. A career at RMFL offers a chance to contribute to societal development while building a professional trajectory in a regulated financial environment.
| Details | Information |
|---|---|
| Organization Name | Repco Micro Finance Limited (RMFL) |
| Type | Non-Banking Financial Company (NBFC) |
| Headquarters | Chennai, Tamil Nadu |
| Typical Entry Gateways | Direct Recruitment, Written Examinations, Interviews by RMFL |
| Salary Range | Varies by position; Entry-level positions typically start at approximately ₹25,000 per month, with potential for growth up to ₹80,000+ for senior roles. |
Organization Overview
Repco Micro Finance Limited was incorporated in 1994 and is promoted by the Repatriates Cooperative Finance and Development Bank Ltd. (REPCO Bank). Its primary mission is to provide financial assistance and support to self-employment ventures, particularly for repatriates and other weaker sections of society. RMFL operates with a strong commitment to ethical practices and customer-centric service delivery, adhering to the guidelines set by the Reserve Bank of India (RBI).
Key Job Profiles
RMFL typically recruits for various roles across its operational and administrative functions. Common positions include:
- Field Officers
- Branch Managers
- Accounts Officers
- Assistant Managers
- Customer Service Executives
- Administrative Staff
The specific roles and number of vacancies are announced through official notifications released by RMFL.
Salary & Benefits
Employees at Repco Micro Finance Limited are offered competitive remuneration packages commensurate with their experience and the responsibilities of their role. In addition to basic pay, benefits may include allowances, Provident Fund (PF), Gratuity, medical facilities, and opportunities for professional development. Salary levels are generally structured according to the prevailing industry standards for NBFCs and government-promoted institutions.
Selection Process
The selection process for RMFL positions usually involves multiple stages designed to assess the candidate's suitability for the role. This typically includes:
- Application Screening: Initial review of applications based on eligibility criteria.
- Written Examination: Objective and/or descriptive tests to evaluate knowledge in relevant subjects, aptitude, and general awareness.
- Interview: Personal or group interviews to assess communication skills, problem-solving abilities, and overall fit with the organizational culture.
- Document Verification: Verification of educational certificates, identity proofs, and other relevant documents.
How to Crack Repco Micro Finance Limited Exams
To excel in the recruitment process for Repco Micro Finance Limited:
- Understand the Syllabus: Thoroughly review the official notification for the syllabus and exam pattern.
- Build Foundational Knowledge: Focus on core subjects relevant to finance, accounting, general awareness, and reasoning.
- Practice Regularly: Solve previous years' question papers and mock tests to improve speed and accuracy.
- Develop Soft Skills: Prepare for the interview by practicing communication, leadership, and teamwork scenarios.
- Stay Informed: Keep abreast of current affairs, especially related to the financial sector and economic policies in India.
Mandatory Disclaimer: All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
Verification Source: https://www.repcotrading.in/repco-micro-finance-limited/
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