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IIFL Finance Collections Manager Interview Questions and Answers

Updated 8 Jun 2024

IIFL Finance Collections Manager Interview Experiences

3 interviews found

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

I applied via Naukri.com and was interviewed before Sep 2021. 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 

(2 Questions)

  • Q1. What is the NPA bucket...
  • Ans. 

    NPA bucket refers to Non-Performing Assets in a collection portfolio.

    • NPA bucket is a category of loans or debts that are not being repaid by the borrower.

    • These assets are considered non-performing when the borrower fails to make scheduled payments for a certain period of time.

    • NPA bucket is a key metric used by collections managers to track the performance of their portfolio.

    • It is important for collections managers to c...

  • Answered by AI
  • Q2. NPA Bucket is starting from 90+ DPD
  • Ans. 

    NPA Bucket starting from 90+ DPD means accounts that are 90 days past due or more.

    • NPA Bucket refers to accounts that have not been paid for a certain number of days, starting from 90+ DPD.

    • It indicates a higher level of delinquency and risk for the lender.

    • Collections Manager would need to focus on strategies to recover payments from these accounts.

    • Examples: contacting the debtor, offering payment plans, or initiating le

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Paper work , verification, Discussion CTC

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company... employee aslo very good and supportive

Collections Manager Interview Questions Asked at Other Companies

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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 Questionnaire 

2 Questions

  • Q1. He said your highest streangth
  • Q2. I was say anytime, anymore and anything i do it.

Interview questions from similar companies

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

I applied via Naukri.com and was interviewed in Nov 2024. There were 3 interview rounds.

Round 1 - Group Discussion 

I'm ready to interview

Round 2 - HR 

(5 Questions)

  • Q1. Every time I'm ready to job work
  • Q2. Any problem I'm ready to working time best
  • Q3. Any esu than meeting with any person
  • Q4. Meeting my team and workgood
  • Q5. My best team and. My best
Round 3 - Group Discussion 

Any esu than working I'm good time for job

Interview Preparation Tips

Interview preparation tips for other job seekers - Ready for job every week and time
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
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(1 Question)

  • Q1. Last company designation and work

Interview Preparation Tips

Interview preparation tips for other job seekers - Good Interview questions and physical
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Apr 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. I had a distance meeting with the reporting manager who finalized me after asking some questions about the field I belong to.
  • Q2. There was no such important question that I felt was appropriate to raise.

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
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 - Group Discussion 

As call HR manager as discussed all information than training program manager

Round 3 - Assignment 

Hr manager as discussed to my previous experience above over organization

Interview Preparation Tips

Interview preparation tips for other job seekers - Archive and complete target ,new product development

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

IIFL Finance Interview FAQs

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

Some of the top questions asked at the IIFL Finance Collections Manager interview -

  1. NPA Bucket is starting from 90+ ...read more
  2. What is the NPA bucket...read more
  3. I was say anytime, anymore and anything i do ...read more

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IIFL Finance Collections Manager Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
View more
IIFL Finance Collections Manager Salary
based on 55 salaries
₹2.8 L/yr - ₹7.3 L/yr
16% less than the average Collections Manager Salary in India
View more details

IIFL Finance Collections Manager Reviews and Ratings

based on 19 reviews

4.2/5

Rating in categories

4.0

Skill development

3.8

Work-life balance

4.2

Salary

3.8

Job security

3.8

Company culture

3.8

Promotions

3.8

Work satisfaction

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