Debt Recovery Agent
Nanak Financial ServicesFixed
₹12,000 - ₹25,000
Average Incentives*
₹4,000
Earning Potential
₹29,000
Fixed
₹12,000 - ₹25,000
Average Incentives
₹4,000
Earning Potential
₹29,000
You can earn more incentive if you perform well
Job highlights
1 applicants
Job Description
- Portfolio Management: Identify, track, and monitor assigned past-due accounts and Non-Performing Loans (NPLs) using accounting databases.
- Debtor Communication: Initiate direct contact with individuals or corporate debtors via phone, email, mail, or physical field visits to establish payment intent.
- Negotiation & Settlement: Evaluate debtors’ financial situations and negotiate fair repayment plans, settlements, or loan restructures while adhering to company bounds.
- Skip Tracing & Investigation: Research databases, public registries, and alternative resources to locate "absconded" or untraceable borrowers who have changed contact details.
- Legal & Compliance Escalation: Issue formal reminder letters or demand notices. If negotiations fail, coordinate with internal legal teams or third-party auctioneers to initiate asset repossession or court proceedings.
- Documentation & Reporting: Maintain flawless electronic trails of all customer communications, physical visit summaries, and payment agreements. Generate monthly Management Information System (MIS) collection reports.
Job role
Job requirements
About company
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The candidate should have studied 12th Pass and people who have 0 to 31 years are eligible to apply for this job. You can apply for more jobs in Chandigarh to get hired quickly.
The candidate should have Basic English skills and sound communication skills for this job.
Both Male and Female candidates can apply for this job.
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