NAGENDRA BABU. AMANCHI

12+ years of proven track experience in Mortgages/LAP, Home Loans/ Educational Institute Loans Secured and Unsecured/CV vehicles Finance in NBFC/Banking industry.

Solutions oriented Credit underwriter for appraising the loan proposals while approve/reject the cases.

Experienced in team handling and willing to travel multiple locations for field visits and branch visit in AP-Rayalaseema Region and Vijayawada Regions.

Currently underwriting the educational institution loans secured/unsecured business of entire AP-Rayalaseema and Vijayawada Locations.

Undertaking pre-sanction visits/PDs for High ticket size cases along with credit manager.

Underwriting/Appraising experience for the ticket sizes from 5Lakhs to 200Lakhs for Un-secured/secured business loans.

Experienced in assessing the customer profiles with underwriting approaches of Surrogate income method Cashflow, Banking & RTR based and financial calculations of ITR, Turnover, gross profit margin income assessment for eligibility calculations as per Credit policy.

Understand and scrutiny of technical property reports and local market knowledge, Legal title flow of the mortgaged property.

 Underwriting different products of Home loans, Mortgage/LAP, Affordable home loans.

 Experienced in Appraise /underwrite the Home loans, LAP with different profile customers of Salaried, NRI, SEP and SENP customers.

 Having Underwriting experience in High Ticket cases up to 300Lakhs for profiles of Business Profiles, traders, Doctors, Manufacturing units and Hotel Business profiles.

 Analyzing the customer financial statements, ITRs and Avg.Bank balance, customer RTR records, Income assessment for low/Middle income profiles of individuals and small business profile customer understanding the business model and income generation with various income assessment methods and preparing the CAMs.

 Co-ordinate with legal, technical, FI and Risk Containment Unit agency for processing the file / docket.

 Approve cases as per Loan Eligibility up to limit that has been assigned and recommend cases to higher authorities as per policy.
 Completing post sanction formalities related to checking of documents, execution of loan documents, collection of additional documents & PDC’s as per the guidelines and prepare the docket inclusive of all income/property/customer related documents.

Dealing with Affordable home loans and Commercial Vehicles loans, Personal & Farm Equipment, Agriculture vehicles.
Team Handling around 5 to 10 peoples with multiple branches/ locations in AP-Rayalaseema Region.

Experience/handling bulk logins around 70 to 100 files in a month for appraising and disbursement the files.
Income assessment for low/Middle income profiles of individuals and small business shop keeper profile customer in rural and urban areas.

Evaluating the physical Files KYC Verification and income documents and approvals as per credit policy.
Checking the approvals as per policy if any deviations highlight the same to superiors.