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Aavas Financiers Collections Manager Interview Questions and Answers

Updated 8 Jun 2023

Aavas Financiers Collections Manager Interview Experiences

1 interview found

Collections Manager Interview Questions & Answers

user image Avinash Sharma

posted on 8 Jun 2023

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Normal test in this company and good

Round 3 - HR 

(2 Questions)

  • Q1. Way your experience
  • Ans. I have 5 years experience in collection department
  • Answered by Avinash Sharma
  • Q2. Your last company name
Round 4 - Case Study 

Normal basis questions and besis test done

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - Case Study 

Deal customer to pay the emi

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed before May 2021. There was 1 interview round.

Round 1 - Group Discussion 

My self and family members details General work

Interview Preparation Tips

Interview preparation tips for other job seekers - Family details
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Previous company information
  • Q2. Salary package & many more details

I applied via Company Website and was interviewed in Aug 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(3 Questions)

  • Q1. Collations and financial services releted questions only
  • Q2. Finance, collection, marketing activities, branch management,FD,Rd,
  • Q3. Finance related question only

Interview Preparation Tips

Topics to prepare for TVS Credit Collections Manager interview:
  • Communication Skills
  • Finance
  • Collations
  • Branch Management
Interview preparation tips for other job seekers - TVs is best company in India and collation managar role only job
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Jun 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Normal tell me about your self

Interview Questionnaire 

3 Questions

  • Q1. Questions were related with marketing like how can we select a good and valuable customer with good relationship? how can you know your customer well that he will not intensely bacame defaulter in future?...
  • Q2. What are you salary wishing for
  • Ans. 

    I am looking for a competitive salary that reflects my experience and skills in collections management.

    • I am seeking a salary that is commensurate with my level of expertise in collections management.

    • I would like to be compensated fairly for my knowledge and experience in this field.

    • I am open to discussing salary based on the responsibilities and expectations of the role.

    • I believe my skills and qualifications warrant a ...

  • Answered by AI
  • Q3. And which location you want to work more aggressive and comfort
  • Ans. 

    I would prefer to work more aggressively in a fast-paced environment and more comfortably in a supportive and collaborative team.

    • Aggressive location: A busy metropolitan area with high volumes of collections work

    • Comfortable location: A well-established company with a strong team culture

    • Aggressive example: New York City, where there is a high demand for collections and a competitive market

    • Comfortable example: A company ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was basically based on NPA accounts collection, that how I will handle different NPA accounts belongs other other reasons to became defaulter with having different vehicles of different values.
Also I was asked for legal process like section 17 section 9 and when I will prefer seizing.

Interview Questionnaire 

5 Questions

  • Q1. Details about the last position Held
  • Q2. Aptus value housing finance india ltd
  • Q3. Experience total years
  • Ans. 

    I have 8 years of experience in collections management.

    • I have worked in various industries such as finance, healthcare, and retail.

    • I have experience managing a team of 5 collectors and overseeing a portfolio of over 500 accounts.

    • I am proficient in using collection software such as FICO Debt Manager and Experian PowerCurve.

    • I have a proven track record of reducing delinquency rates and increasing recovery rates.

    • I am know...

  • Answered by AI
  • Q4. Nature of work
  • Ans. 

    Collections Manager oversees the management and organization of collections of objects or data.

    • Responsible for cataloging and maintaining collections

    • Develops and implements policies and procedures for collections management

    • Collaborates with other departments to ensure proper care and preservation of collections

    • May oversee the acquisition of new items for collections

    • May supervise staff or volunteers who assist with coll

  • Answered by AI
  • Q5. Job Responsibilities

Interview Preparation Tips

Interview preparation tips for other job seekers - Better opportunity
Good company
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Negotiation skills to resolve bucket customer
  • Ans. 

    Negotiation skills are essential to resolve bucket customers in collections.

    • Listen actively to understand customer's concerns and reasons for non-payment.

    • Offer flexible payment options based on customer's financial situation.

    • Build rapport and trust with the customer to find a mutually beneficial solution.

    • Stay calm and professional, even in difficult situations.

    • Document all communication and agreements for future refere...

  • Answered by AI
  • Q2. Types of effort for solving NPA
  • Ans. 

    Efforts for solving NPA include restructuring loans, recovery through legal action, and selling off assets.

    • Restructuring loans to make them more manageable for the borrower

    • Recovering through legal action such as filing lawsuits or seizing collateral

    • Selling off assets of the borrower to recover the outstanding amount

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. CTC discussion about last company

Interview Questionnaire 

1 Question

  • Q1. About my job interview title and company name

Aavas Financiers Interview FAQs

How many rounds are there in Aavas Financiers Collections Manager interview?
Aavas Financiers interview process usually has 4 rounds. The most common rounds in the Aavas Financiers interview process are Resume Shortlist, Aptitude Test and HR.

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Aavas Financiers Collections Manager Interview Process

based on 2 interviews

Interview experience

2
  
Poor
View more
Aavas Financiers Collections Manager Salary
based on 34 salaries
₹2.4 L/yr - ₹5 L/yr
39% less than the average Collections Manager Salary in India
View more details

Aavas Financiers Collections Manager Reviews and Ratings

based on 14 reviews

4.5/5

Rating in categories

4.3

Skill development

4.1

Work-life balance

4.4

Salary

3.9

Job security

4.2

Company culture

4.3

Promotions

4.1

Work satisfaction

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