Collection Executive

Galaxy Resource Private Limited; Lucknow; In loco; INR 223.000 - 391.000; Tempo pieno

Descrizione del lavoro

Galaxy Resource Private Limited, Lucknow, is seeking a Collection Executive to support loan recovery operations. Freshers or experienced candidates may apply for the full-time role with 10 openings. The position offers a fixed salary of ₹20,000–₹35,000 per month and no candidate fees during hiring.

The role requires handling personal, business, and unsecured loan recoveries, conducting field visits, and applying effective follow-up strategies while ensuring compliant practices.

Competenze

• Graduate in any stream (Finance/Commerce preferred).
• Prior experience in loan recovery services or field collections is a plus.
• Knowledge of the difference between a collection agent vs recovery agent.
• Familiarity with recovery agent training and compliance requirements.
• Strong communication, negotiation, and skip tracing skills.

Mansioni

• Handle the banking loan recovery process for personal, business, and unsecured loans.
• Understand how banks recover personal loans and implement effective follow-up strategies.
• Manage field collection duties, including visiting customers and initiating repayment discussions.
• Use skip tracing in loan recovery to locate defaulters and update databases.
• Prepare and deliver debt recovery letters and maintain recovery records.
• Educate customers on repayment obligations and legal consequences of defaults.
• Follow the legal procedures for loan recovery in India, including SARFAESI Act escalations.

Conoscenze

Communication

Negotiation

Skip tracing

Formazione

Graduate in any stream

Descrizione del lavoro

GRPL India (Galaxy Resource Private Limited) has an open Collection Executive position in Lucknow. Both freshers and experienced candidates may apply, subject to the role requirements below. The role pays ₹20,000–₹35,000/month (10 openings), and there is no fee at any stage of hiring.

Are you wondering what does a collection executive do in banking? A Collection Executive plays a crucial role in the loan recovery process in India , ensuring timely repayment of loans while maintaining customer relationships. This role is ideal for professionals looking to build their career in credit recovery in banking , field collection jobs in banks , and debt collection services .

Job at a glance

• Role: Collection Executive
• Location: Lucknow, Uttar Pradesh
• Salary: ₹20,000–₹35,000/month
• Job type: Full Time
• Openings: 10
• Recruiter: Galaxy Resource Private Limited (no fee charged to candidates)

What you will do as Collection Executive

• About the Role
• Handle the banking loan recovery process for personal, business, and unsecured loans.
• Understand how banks recover personal loans and implement effective follow-up strategies.
• Manage field collection executive duties, including visiting customers and initiating repayment discussions.
• Use skip tracing in loan recovery to track defaulters and update databases.
• Prepare and deliver debt recovery letters and maintain recovery records.
• Educate customers on repayment obligations and how to deal with loan defaulters legally.
• Follow the legal procedure for loan recovery in India , including escalation under the SARFAESI Act .

Who should apply

• Graduate in any stream (Finance/Commerce preferred).
• Prior experience in loan recovery services in India , field collection jobs in banks , or debt collection BPO services is a plus.
• Knowledge of the difference between a collection agent vs recovery agent .
• Familiarity with recovery agent training courses and compliance requirements.
• Strong communication, negotiation, and skip tracing tools in India .

Pay and benefits

• Fixed salary of ₹20,000 per month with attractive incentives.
• Exposure to types of collection jobs in banking and career growth opportunities.
• Learn industry-specific practices like NPA recovery steps , outsourcing loan recovery in India , and recovery agent registration online .
• Hands-on experience with debt collection BPO services and loan recovery outsourcing companies .