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To close collections before the end of the month, prioritize high-value accounts, offer discounts or incentives for early payment, and follow up with customers regularly.
Prioritize high-value accounts for early collection
Offer discounts or incentives for early payment
Follow up with customers regularly to remind them of pending payments
Implement efficient payment tracking and reporting systems
Provide multiple payment op...
I applied via Walk-in and was interviewed in Sep 2021. There was 1 interview round.
Bucket collection is a specialized form of collection where delinquent accounts are grouped into buckets based on their age or severity.
Normal collection involves the process of collecting outstanding payments from customers.
Bucket collection categorizes delinquent accounts into different buckets based on their age or severity.
Bucket collection helps prioritize and manage collections more effectively.
For example, a ban...
I applied via Walk-in and was interviewed in Jun 2021. There was 1 interview round.
I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.
SMFG India Credit interview questions for popular designations
I applied via Approached by Company and was interviewed before Apr 2022. There were 2 interview rounds.
Get interview-ready with Top SMFG India Credit Interview Questions
I applied via Walk-in and was interviewed in Aug 2021. There was 1 interview round.
Sourcing files involves identifying potential clients and gathering necessary documents.
Identify potential clients through referrals, online research, and networking events.
Gather necessary documents such as financial statements, tax returns, and credit reports.
Maintain organized records and follow up with clients regularly.
Utilize technology and software to streamline the sourcing process.
Collaborate with other team m...
I applied via Referral and was interviewed before Feb 2021. There were 3 interview rounds.
Covid related
I applied via Referral and was interviewed before Sep 2020. There were 6 interview rounds.
Collection refers to the process of recovering money owed by customers. It involves various strategies and techniques to ensure timely payment.
Collection is the process of pursuing and recovering outstanding debts from customers.
It involves contacting customers through phone calls, emails, or letters to remind them of their overdue payments.
Collection officers may negotiate payment plans or settlements with customers t...
I applied via Referral and was interviewed before Apr 2021. There were 2 interview rounds.
I applied via Referral and was interviewed before Oct 2020. There were 5 interview rounds.
Some of the top questions asked at the SMFG India Credit interview for experienced candidates -
The duration of SMFG India Credit interview process can vary, but typically it takes about less than 2 weeks to complete.
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