Collection Executive

Mahindra Finance; Coimbatore District; On-site; INR 240,000 - 420,000; Full time

Job summary

Mahindra Finance seeks a dedicated Recovery Executive to trace borrowers at their homes or businesses in Coimbatore and coordinate repayment discussions.

The role involves daily calls, reminders, and helping negotiate feasible payment plans, with a focus on meeting monthly/quarterly recovery targets and reducing bad debt in the organization. The position requires a graduate degree and an age under 30, with regional travel in Tamil Nadu as part of the job.

Qualifications

• Graduate degree or equivalent.
• Age below 30 as preferred.

Responsibilities

• Travel to a borrower's home or business address to trace defaulters and discuss repayment.
• Make daily phone calls, send reminders, and deliver formal demand notices.
• Assist in coordinating asset seizures or repossession processes when required.
• Propose realistic payment plans, loan restructuring options, or one-time settlements
• Meet monthly or quarterly recovery metrics to lower the organization's bad debt ratio

Education

Graduate

Job description

Role & responsibilities

Travel to a borrower's home or business address to trace defaulters and discuss repayment

Make daily phone calls, send reminders, and deliver formal demand notices.

Assist in coordinating asset seizures or repossession processes when required. [1, 2, 3, 4]

Propose realistic payment plans, loan restructuring options, or one-time settlements

Meet monthly or quarterly recovery metrics to lower the organization's bad debt ratio

Preferred candidate profile

Candidate should be Graduate

Age limit below 30