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Ess Kay Fincorp Collections Manager Interview Questions and Answers

Updated 10 Dec 2021

Ess Kay Fincorp Collections Manager Interview Experiences

2 interviews found

Collections Manager Interview Questions & Answers

user image Saket singh Parihar

posted on 10 Dec 2021

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 

6 Questions

  • Q1. How much is the package in this company
  • Q2. I am collection manager
  • Ans. I have a handle area in collection
  • Answered Anonymously
  • Q3. I have experience
  • Ans. I have a two year experience in this field and total experience 6 year
  • Answered Anonymously
  • Q4. I am from
  • Ans. I am from sujalpur Shajapur location
  • Answered Anonymously
  • Q5. Wish to get my package
  • Q6. Location

Collections Manager Interview Questions Asked at Other Companies

asked in HDFC Bank
Q1. Collection efficiency and how will do the collection, plan for th ... read more
Q2. How do banks make money and what are primary and secondary revenu ... read more
Q3. Past location agency contacts. How to repossess vehicles. Type of ... read more
asked in Amul India
Q4. Can you help farmer to grow up knowledge about milk increase tech ... read more
asked in HDFC Bank
Q5. How do you manage third party vendors?

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
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

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

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
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 

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

Ess Kay Fincorp Interview FAQs

How to prepare for Ess Kay Fincorp Collections Manager interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Ess Kay Fincorp. The most common topics and skills that interviewers at Ess Kay Fincorp expect are Collection Management, Collections, Recovery, Recovery Management and Commercial Vehicle.
What are the top questions asked in Ess Kay Fincorp Collections Manager interview?

Some of the top questions asked at the Ess Kay Fincorp Collections Manager interview -

  1. I am collection mana...read more
  2. wish to get my pack...read more
  3. I have experie...read more

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Ess Kay Fincorp Collections Manager Salary
based on 6 salaries
₹2 L/yr - ₹5 L/yr
31% less than the average Collections Manager Salary in India
View more details

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based on 2 reviews

5.0/5

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