5 Payment Collection Jobs
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2.0 - 5.0 years
2 - 3 Lacs
Chennai, Coimbatore
Work from Office
Field Collection Executive is responsible for visiting clients to recover outstanding payments. This role requires traveling to customer locations & achieving collection targets. Call me Chandar HR 8220159052 Required Candidate profile Experience: Proven experience in field collections, debt recovery, or a similar role. Skills: Strong negotiation, communication, and interpersonal skills. Bike Mandatory Immediate Joiner preferred Perks and benefits PF, INSURANCE & ATTRACTIVE INCENTIVES
Posted 2 days ago
3.0 - 5.0 years
2 - 3 Lacs
Chennai, Coimbatore
Work from Office
Role: Collection Associate Note: Experience With Field Collection need / Tele Collection Process: Recovery Experience: 2-5 Year Salary: 3.5 LPA Bike Must With Collection Experience Skill: Collection Recovery Immediate Joining/Willing To Relocate
Posted 1 week ago
3.0 - 8.0 years
4 - 7 Lacs
Navi mumbai
Work from Office
Job Description Collections Manager (PL) | Bucket X – Call Centre Department: Retail Collections SubFunction: Personal Loan Collections – Call Centre Role Title: Collections Manager – PL (Bucket X) Location: Airoli Tower, Navi Mumbai (West) Experience Required 5 to 10 Years Mandatory experience in Personal Loan / Unsecured Loan Call Centre Collections Handson exposure to Bucket X (Writtenoff / Hard Bucket) Role Overview The Collections Manager – PL (Bucket X) will be responsible for managing high delinquency personal loan portfolios through the call centre channel , driving resolution, recovery, and rollbacks while ensuring compliance with regulatory and internal collection norms . Key Respo...
Posted 3 weeks ago
10.0 - 14.0 years
10 - 14 Lacs
Bengaluru, Karnataka, India
On-site
Candidates should be able to manage a small office of around 15 employees. Graduates in science/ commerce management Experience of at least 10 years managing a small office preferably product based organization. Problem solving approach through knowledge of sales-dispatches, Accounts and payment collection. Excellent management skills Preference will be given for those who worked in product-based organization.
Posted 1 month ago
1.0 - 5.0 years
1 - 5 Lacs
Bengaluru, Karnataka, India
On-site
Note: Candidates must be open to work from Office Mode of Interview: Face to Face(No Online Interview) Job Responsibilities: Maintain all records like Vouchers, Receipts, Bills, and Payments. Bank Reconciliation, Payment Collection. Monthly GST Working. Reconciliation of Sundry Debtors & Creditors Payment follows up by Telephonic & mailing Daily Stock maintains. Handling petty Cash Records. Maintain Sales Purchase Registers & Keep in Software properly Banking works like a Cheques issue for clearing Cash Deposit, NEFT, and RTGS Handling Day-to-Day Accounting Prepare Salary Statement, PF Account, Worker Salary, daily wages for Worker Finalization of Accounts, Statement of Accounts, Debtors Con...
Posted 1 month ago
Exploring Payment Collection Jobs in India
The payment collection job market in India is currently experiencing a steady demand for professionals who can efficiently handle payment transactions and collections. With the rise of e-commerce, digital payments, and online businesses, the need for individuals skilled in payment collection has significantly increased. In this article, we will explore the job landscape for payment collection roles in India, including top hiring locations, salary ranges, career progression, related skills, and common interview questions.
Top Hiring Locations in India
- Mumbai
- Delhi
- Bangalore
- Chennai
- Hyderabad
These major cities are actively hiring for payment collection professionals, offering a range of opportunities for job seekers in this field.
Average Salary Range
The average salary range for payment collection professionals in India varies based on experience and location. Entry-level positions typically start at around INR 2-3 lakhs per annum, while experienced professionals can earn upwards of INR 6-8 lakhs per annum.
Career Path
A career in payment collection typically progresses from roles such as Payment Collection Executive to Payment Collection Manager, with opportunities to advance to senior management positions. Continuous learning and skill development are key to advancing in this field.
Related Skills
In addition to payment collection expertise, professionals in this field are often expected to have strong communication skills, negotiation abilities, attention to detail, and proficiency in using payment collection software and tools.
Interview Questions
- How do you prioritize your payment collection activities? (basic)
- Can you explain the importance of maintaining accurate payment records? (basic)
- How do you handle difficult conversations with customers who are behind on payments? (medium)
- What strategies do you use to follow up on overdue payments? (medium)
- Have you ever dealt with a payment dispute? How did you resolve it? (medium)
- What is your experience with using payment collection software? (basic)
- How do you stay updated on changing payment regulations and policies? (medium)
- What metrics do you use to track the effectiveness of your payment collection efforts? (medium)
- Can you describe a time when you exceeded payment collection targets? (medium)
- How do you ensure compliance with data protection laws when handling payment information? (advanced)
- What steps do you take to prevent fraud in payment transactions? (advanced)
- How do you handle discrepancies in payment amounts? (medium)
- Can you walk us through your process for reconciling payments? (medium)
- How do you approach building relationships with clients to facilitate smoother payment collections? (medium)
- Have you ever implemented process improvements in payment collection? If so, can you provide an example? (medium)
- What strategies do you use to motivate your team in meeting payment collection goals? (medium)
- How do you handle high-volume payment collections during peak periods? (medium)
- What do you think are the biggest challenges in payment collection today? (medium)
- How do you ensure confidentiality when handling sensitive payment information? (basic)
- Can you explain the role of automation in payment collection processes? (medium)
- How do you adapt your payment collection strategies for different types of customers? (medium)
- What do you think sets you apart from other candidates applying for this role? (basic)
- How do you handle rejection or non-payment from customers? (medium)
- Can you give an example of a time when you successfully negotiated a payment plan with a customer? (medium)
- How do you stay organized when managing multiple payment collection tasks simultaneously? (basic)
Conclusion
As you explore opportunities in the payment collection job market in India, remember to showcase your skills, experience, and readiness to excel in this field. By preparing thoroughly and approaching interviews with confidence, you can secure a rewarding career in payment collection. Good luck!
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