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Hero FinCorp Collections Manager Interview Questions, Process, and Tips

Updated 23 Oct 2024

Top Hero FinCorp Collections Manager Interview Questions and Answers

  • Q1. Past location agency contacts. How to repossess vehicles. Type of sections used in legal activities. Approach on resolution of bucket collections if alone agency fails to ...read more
  • Q2. Personality development Command in mail communication
  • Q3. How to manage collections agencies

Hero FinCorp Collections Manager Interview Experiences

12 interviews found

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. About our previous experience, previous company culture
  • Q2. What about your previous experience ?
  • Q3. How to work ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Company is good but all about your reporting manager ..
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I applied via Recruitment Consulltant and was interviewed before Oct 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

What about myself in financial experience

Round 2 - HR 

(2 Questions)

  • Q1. Salary negotiation
  • Q2. How much salary growth
  • Ans. 

    Salary growth in the Collections Manager role varies depending on factors such as experience, performance, and company policies.

    • Salary growth in this role is typically influenced by factors such as years of experience in the field.

    • Performance evaluations and meeting targets can also lead to salary increases.

    • Company policies and annual reviews may determine the extent of salary growth for Collections Managers.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview question so easy.i appreciate this

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 experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Self Introduction Family Introduction Qualification introduce etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - Ok
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Oct 2022. There were 3 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 - One-on-one 

(1 Question)

  • Q1. Past location agency contacts. How to repossess vehicles. Type of sections used in legal activities. Approach on resolution of bucket collections if alone agency fails to achieve. How to perform audits int...
  • Ans. 

    Answering questions related to past location agency contacts, vehicle repossession, legal sections, bucket collections resolution, and internal/external audits for Collections Manager position.

    • Past location agency contacts can be maintained through a database or CRM system for easy access.

    • Repossessing vehicles typically involves following legal procedures and working with a towing company.

    • Legal activities may involve s...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Personality development Command in mail communication
  • Ans. 

    Effective mail communication requires a professional tone and clear, concise language.

    • Use a professional tone in all communications

    • Be clear and concise in your messages

    • Avoid using slang or informal language

    • Proofread your emails before sending to check for errors

    • Include a clear subject line and relevant information in the body of the email

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Hero FinCorp Collections Manager interview:
  • Collection Management
  • Recovery
  • Repossession
  • Drr

Hero FinCorp interview questions for designations

 Collections Executive

 (6)

 Relationship Manager

 (1)

 Recovery Manager

 (1)

 Cluster Collection Manager

 (1)

 Area Collection Manager

 (1)

 Credit Analyst

 (1)

 Collection Officer

 (1)

 Cluster Manager

 (1)

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Jan 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Basic Questions Regarding collections
  • Q2. How to manage collections agencies
  • Ans. 

    Managing collections agencies involves setting clear expectations, monitoring performance, and maintaining open communication.

    • Establish clear guidelines and expectations for collections agencies

    • Regularly monitor the performance of collections agencies

    • Maintain open communication channels with collections agencies

    • Provide feedback and address any issues promptly

    • Ensure compliance with legal and ethical standards

    • Consider im...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Hero FinCorp Collections Manager interview:
  • Banking Collections
Interview preparation tips for other job seekers - Be confident and Honest

I applied via Recruitment Consulltant 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 - Team manage.e 

(1 Question)

  • Q1. Expert in team management and Collection

Interview Preparation Tips

Interview preparation tips for other job seekers - Hard work a key of success and i believe in smart work
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Dec 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Group Discussion 

The list of frequently asked group discussion topics on current affairs for freshers attending placement interviews

Round 3 - Aptitude Test 

Aptitude test that is typically required for job applications or internships. It can serve as a valuable resource for individuals seeking to evaluate and enhance their aptitude skills, boost their confidence, and ultimately achieve their career objectives.

Interview Preparation Tips

Interview preparation tips for other job seekers - As per Company policy

I applied via Recruitment Consulltant and was interviewed in May 2022. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Career knowledge questions

Interview Preparation Tips

Topics to prepare for Hero FinCorp Collections Manager interview:
  • Career knowledge
Interview preparation tips for other job seekers - I just attended a simple steps to got the job
Direct interview with supervisor
Video call interview with head
Hr call for ctc
Thanks naukri

I applied via Recruitment Consulltant and was interviewed in Jan 2022. There were 3 interview rounds.

Round 1 - HR 

(3 Questions)

  • Q1. Tell me about yourself.
  • Ans. 

    I am an experienced Collections Manager with a strong track record in managing and optimizing collections processes.

    • Over 10 years of experience in collections management

    • Proven ability to develop and implement effective collections strategies

    • Expertise in analyzing data and identifying trends to improve collections performance

    • Strong leadership skills and ability to motivate and train team members

    • Successfully reduced deli

  • Answered by AI
  • Q2. Provide location and post.
  • Q3. 9 year collection experience handling product tw auto ,cv ,pl
Round 2 - Assignment 

Company policy assignment

Round 3 - HR 

(2 Questions)

  • Q1. What are your salary expectations?
  • Ans. 

    I am open to discussing salary based on the responsibilities and requirements of the position.

    • Consider the industry standards and market rates for similar positions

    • Highlight your qualifications and experience that justify a higher salary

    • Be flexible and open to negotiation

    • Avoid giving a specific number unless necessary

  • Answered by AI
  • Q2. 5 lakh expection CTC growth
  • Ans. 

    I am willing to consider a 5 lakh CTC growth if it aligns with my career goals and the company's growth prospects.

    • I would need to understand the specific details of the growth opportunity, such as the timeline and performance expectations.

    • I would also want to discuss how this growth aligns with my career goals and the company's overall growth strategy.

    • Ultimately, I am open to considering a 5 lakh CTC growth if it is a ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please request review my profile and location.consider CTC.

I applied via Naukri.com and was interviewed in Oct 2021. There was 1 interview round.

Round 1 - HR 

(5 Questions)

  • Q1. Where do you see yourself in 5 years?
  • Q2. Tell me about yourself.
  • Q3. Hii im durgaduttdubey
  • Q4. Collection 7yes job and carent working
  • Q5. Dear sir please update may cv

Interview Preparation Tips

Topics to prepare for Hero FinCorp Collections Manager interview:
  • MS Office
  • Collection Management
Interview preparation tips for other job seekers - Dear sir please update May CV and application

Hero FinCorp Interview FAQs

How many rounds are there in Hero FinCorp Collections Manager interview?
Hero FinCorp interview process usually has 1-2 rounds. The most common rounds in the Hero FinCorp interview process are HR, One-on-one Round and Resume Shortlist.
How to prepare for Hero 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 Hero FinCorp. The most common topics and skills that interviewers at Hero FinCorp expect are Collection Management, Collections, Lap, NBFC and Recovery.
What are the top questions asked in Hero FinCorp Collections Manager interview?

Some of the top questions asked at the Hero FinCorp Collections Manager interview -

  1. Past location agency contacts. How to repossess vehicles. Type of sections used...read more
  2. Personality development Command in mail communicat...read more
  3. How to manage collections agenc...read more

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Hero FinCorp Collections Manager Interview Process

based on 28 interviews

1 Interview rounds

  • HR Round
View more
Hero FinCorp Collections Manager Salary
based on 294 salaries
₹3 L/yr - ₹10.2 L/yr
19% more than the average Collections Manager Salary in India
View more details

Hero FinCorp Collections Manager Reviews and Ratings

based on 210 reviews

4.5/5

Rating in categories

4.2

Skill development

4.3

Work-life balance

4.4

Salary

4.2

Job security

4.2

Company culture

4.1

Promotions

4.2

Work satisfaction

Explore 210 Reviews and Ratings
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