Debt Recovery Agent

Nanak Financial Services
Mohali
₹12,000 - ₹29,000 monthly*

Fixed

₹12,000 - ₹25,000

Average Incentives*

₹4,000

Earning Potential

₹29,000

Work from OfficeWork from Office
Full TimeFull Time
Any experienceAny experience
Basic EnglishBasic English

Job Description

  • Portfolio Management: Identify, track, and monitor assigned past-due accounts and Non-Performing Loans (NPLs) using accounting databases.
  • Debtor Communication: Initiate direct contact with individuals or corporate debtors via phone, email, mail, or physical field visits to establish payment intent.
  • Negotiation & Settlement: Evaluate debtors’ financial situations and negotiate fair repayment plans, settlements, or loan restructures while adhering to company bounds.
  • Skip Tracing & Investigation: Research databases, public registries, and alternative resources to locate "absconded" or untraceable borrowers who have changed contact details.
  • Legal & Compliance Escalation: Issue formal reminder letters or demand notices. If negotiations fail, coordinate with internal legal teams or third-party auctioneers to initiate asset repossession or court proceedings.
  • Documentation & Reporting: Maintain flawless electronic trails of all customer communications, physical visit summaries, and payment agreements. Generate monthly Management Information System (MIS) collection reports.

Job role

Work location
Work locationD-250, Dhindsa tower 2 Industrial Area, Sector 75, Sahibzada Ajit Singh Nagar, Punjab 140307, India Mohali
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryDebt Collections / Recovery
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceAny experience
Education
Education12th Pass
Skills
SkillsBusiness Loans, Loan Against Property, Personal Loans, Two-Wheeler Loans, LAP (Loan against property)
English level
English levelBasic English
Age limit
Age limit18 - 40 years
Gender
GenderAny gender

About company

Name
NameNanak Financial Services
Address
AddressD-250, Dhindsa tower 2 Industrial Area, Sector 75, Sahibzada Ajit Singh Nagar, Punjab 140307, India Mohali
Job posted by Nanak Financial Services

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You can expect a minimum salary of 12,000 INR and can go up to 29,000 INR. The salary offered will depend on your skills, experience and performance in the interview.

The candidate should have studied 12th Pass and people who have 0 to 31 years are eligible to apply for this job. You can apply for more jobs in Chandigarh to get hired quickly.

The candidate should have Basic English skills and sound communication skills for this job.

Both Male and Female candidates can apply for this job.

No, it's not a work from home job and can't be done online. You can explore and apply for other work from home jobs in Chandigarh at apna.

No work-related deposit needs to be made during your employment with the company.

Go to the apna app and apply for this job. Click on the apply button and call HR directly to schedule your interview.

The last date to apply for this job is 17 Nov 2026. For more details, download apna app and find Full Time jobs in Chandigarh . Through apna, you can find jobs in 64 cities across India. Join NOW!