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Collection Agent Jobs Opening in Bhagyam Chit Funds at Thodialur, Coimbatore-Others, Coimbatore

Collection Agent

Bhagyam Chit Funds
experience-icon 0 Years
salary-icon 13000 - 20000 Monthly
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Posted: 29 Mar 24

Job Description

As a Collection Agent, you will be responsible for contacting individuals and businesses who have outstanding debts to our company or clients. Your primary objective will be to negotiate payment arrangements and facilitate the repayment of these debts in a timely and efficient manner while maintaining a high level of professionalism and customer service.

Key Responsibilities:

  • Contacting debtors via phone, email, and/or mail to discuss outstanding debts and negotiate payment terms.
  • Explaining the consequences of non-payment and providing options for resolving debts.
  • Developing and maintaining positive relationships with debtors to encourage cooperation and facilitate repayment.
  • Documenting all communication and interactions with debtors accurately and thoroughly in the company's systems.
  • Following up with debtors to ensure payment arrangements are being honored and addressing any issues or concerns they may have.
  • Collaborating with internal departments, such as legal and finance, to escalate cases when necessary and ensure compliance with company policies and regulations.
  • Adhering to all relevant laws and regulations governing debt collection practices, including the Fair Debt Collection Practices Act (FDCPA).
  • Meeting individual and team targets for debt recovery and other performance metrics.
  • Continuously updating knowledge of collection techniques, industry trends, and best practices to improve effectiveness and efficiency.
  • Providing feedback and suggestions for process improvements to management to enhance the overall collections process.

  • More information about this Collection Agent Job

    Please go through the below FAQs to get all answers related to the given Collection Agent job

    1. What are the job requirements to apply for this Collection Agent job position?
      • Ans: A candidate must have a minimum of fresher as an Collection Agent

    2. What is the qualification for this job?
      • Ans: The candidate can be a Graduate from any of the following: Diploma, 12th Pass (HSE)

    3. What are the salary requirements for this job?
      • Ans: The salary range is between 13000 and 20000 Monthly. The Salary will depend on the interview. This Collection Agent is a Full Time in Coimbatore.

    4. What is the hiring Process of this job?
      • Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.

    5. This Collection Agent is a work from home job?
      • Ans: No ,its not a Work from Home Job.

    6. How many job vacancies are opening for the Collection Agent position?
      • Ans: There are immediate 1 job openings for Collection Agent in our Organisation.

    Job Particulars

    Who can apply Freshers
    Hiring Process Walk - In, Written-test, Face to Face Interview, Telephonic Interview
    Employment TypeFull Time
    Job Id2345163
    Job Category Others
    Locality Address Thodialur, Coimbatore-Others
    Country India

    About Company

    Bhagyam Chit fund company operates as a financial entity that pools money from a group of individuals through regular contributions into a common fund. The collected funds are then disbursed to members of the group through a periodic lottery system or auction. Chit funds are typically facilitated by a chit fund company, which administers the process and ensures compliance with relevant regulations. Overall, it plays a significant role in facilitating savings and investment opportunities for individuals who may not have access to traditional banking services or investment options. However, it's essential for chit fund companies to operate ethically, transparently, and in compliance with applicable laws to maintain trust and credibility among their members and regulators.
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