0 - 1 years
1 - 2 Lacs
Posted:2 weeks ago|
Platform:
Work from Office
Full Time
Role & respon Heres a job description draft for a Field Executive Loan Recovery in an NBFC (Non-Banking Financial Company): Job Title: Field Executive – Loan Recovery Location: DELHI,CHENNAI,HYEDRABAD, Department: Collections / Recovery Reports To: Recovery Manager / Area Manager Job Summary: The Field Executive – Loan Recovery is responsible for visiting borrowers and recovering overdue payments on loans issued by the NBFC. The role involves fieldwork, customer interaction, and follow-ups to ensure timely repayment and minimize delinquency. Key Responsibilities: Visit customers with overdue loan accounts as per allocated recovery list. Follow-up and persuade borrowers for timely payment or settlement. Educate customers on consequences of default and available repayment options. Maintain daily visit reports and collection status. Coordinate with internal teams for account updates and legal action if required. Ensure compliance with NBFC’s code of conduct and RBI regulations during recovery efforts. Handle documentation and receipts related to recovered payments. Qualifications & Skills: Minimum 12th pass or Graduate in any discipline. 1–2 years of experience in loan recovery or field collections preferred. Good communication and negotiation skills. Basic understanding of loan products and recovery processes. Two-wheeler with valid driving license is mandatory. Knowledge of local geography and language.
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