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Collection Executive - Bad Debt Collections

Mahindra Finance · Ahilyanagar, Maharashtra, India - Karād, Maharashtra, India - Sholapur, Maharashtra, India

full_timePosted 2 days ago

Job description

Candidate will be responsible for recovering overdue and written-off loan amounts from delinquent customers while ensuring compliance with company policies and collection guidelines. Role & responsibilities • Handle Bad debt / loan accounts assigned by the company. • Conduct field visits to customers' residential and business loans for recovery. • Negotiate and secure payment commitments from customers through personal visits and calling. • Locate customers who have changed their address or contact details. • Maintain accurate records of outstanding amounts, promises-to-pay, and actual collections. • Achieve monthly collection and recovery targets.