Group Company: HDFC Bank Limited
Designation: SL Initiative-Collection officer
Position description: Collecting payments on overdue amount by informing customers of their debt and their various options for repayment.
- Visiting delinquent clients :- Visiting the delinquent clients mapped to him/ her and making further follow ups for payments on PTP dates.
- Calling to clients on daily basis for reminder and follow ups
- Depositing collected amount from clients in group accounts :-
- Amount collected from clients should be deposited on daily basis and in case of any cash hold It should be timely communicated and approval should be taken.
- Updating the collection mobile apps/ Registers :- Updating all cash and non-cash transactions/ visits in VYMO app of collection.
- Maintaining collection registers like CDS register at branch (If required).
- Timely takeover of newly allocated clients, Support Tools : - Taking over newly mapped clients from business within the time frame and making further follow up for recovery
- Collection officers could use legal tools such as legal letter issuance and conducting Lok adalat camps.
- This involves arranging meeting of legal vendors with customers at their place and facilitating customer to attend Lok adalat camps.
- Negotiate Payment Schedules : - Collection officers speak to customers to negotiate payment plans and payment schedules that suit their current financial situation while still satisfying the debit.
- Productivity : - Monthly Target for Collection Officer is 1 lakh Recovery
Educational qualifications preferred
- Category: Bachelor's Degree, Master's Degree
- Academic score: 50% +
Required work experience
- Industry: BFSI
- Role: Fresher/Sales
- Years of experience: 1 to 3
- Good Team spirit
- Inter personal skill
- Time / Team Management
- Good communication skill
- Proactive & focused approach
Work experience in the profile
Graduate and above
- Reporting Designation: Collection Manager - SLI
- Reporting Department-Sub BU: SL Initiative Collection
Work Environment Details:
- Travel: Customer Visits
- Vehicle: 2 wheeler preferred
- Contract Types: PERMANENT