Collection Officer
AYE FinanceFixed
₹18,000 - ₹25,000
Average Incentives*
₹10,000
Earning Potential
₹35,000
Fixed
₹18,000 - ₹25,000
Average Incentives
₹10,000
Earning Potential
₹35,000
You can earn more incentive if you perform well
Job highlights
Urgently hiring
6 applicants
Benefits include: PF, Petrol Allowance, Health Insurance, ESI (ESIC)
Job Description
- Debt Recovery & Field Collection:
- Contact delinquent borrowers via phone, email, or physical field visits.
- Track and recover overdue Equated Monthly Installments (EMIs) across various buckets.
- Negotiation & Restructuring:
- Negotiate realistic repayment plans, one-time settlements (OTS), or loan restructuring options with financially distressed customers.
- Balance customer retention and firm cash flow needs.
- Portfolio & Bucket Tracking:
- Monitor roll-forward and roll-back rates (moving accounts into worse or better delinquency stages).
- Maintain Management Information System (MIS) reports and daily collection logs.
- Legal & Regulatory Compliance:
- Adhere to Reserve Bank of India (RBI) guidelines, fair practice codes, and debt collection regulations.
- Issue formal demand and warning notices, and coordinate with legal or third-party recovery agencies when accounts fail to resolve
Job role
Job requirements
About company
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The candidate should have studied 12th Pass and people who have 1 to 31 years are eligible to apply for this job. You can apply for more jobs in Dhanbad to get hired quickly.
The candidate should have No English Required skills and sound communication skills for this job.
Both Male and Female candidates can apply for this job.
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