Merchant Acquisition Officer

Job Description

Job Description: Merchant Acquisition Officer (Apprentice)
​Company: BFIL (100% Subsidiary of IndusInd Bank)
Location: Jharkhand (Specific to candidates from Giridih, Deoghar, Dumka, Godda, Bokaro, and Medininagar)
Duration: 1-Year Government-Backed Internship
​Role Overview
We are looking for proactive individuals to join as Merchant Acquisition Officers. In this field-based role, you will be responsible for expanding our digital payment network by identifying, onboarding, and supporting local merchants.
​Key Responsibilities
​Conduct market surveys and field visits to source potential merchants.
​Educate merchants on the benefits and usage of digital payment solutions.
​Manage the end-to-end onboarding process, including documentation and initial platform training.
​Achieve assigned targets for new merchant acquisitions in your designated area.
​Maintain strong relationships with merchants to ensure continued platform usage.
​Coordinate with loan officers and internal teams for credit processes.
​Track interactions and report market feedback to the team.
​Eligibility & Requirements
​Education: Intermediate (12th) or Graduation (Any stream).
​Experience: Freshers (0 experience required).
​Age Limit: 18 to 28 years.
​Requirements: Must have a two-wheeler and a valid driving license (or Learner's License).
​Compensation & Benefits
​Stipend: ₹12,000 per month (₹10,500 from BFIL + ₹1,500 Govt. contribution).
​Allowances: Travel allowance calculated per kilometer.
​Insurance: Comprehensive Group Medical and Accidental Insurance.