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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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asked in Amul India
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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

I applied via Job Portal

Interview Questionnaire 

2 Questions

  • Q1. How much experience do you have applied for the post ?
  • Q2. How much portfolio seen by you ?

I applied via LinkedIn and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What is your experience? What is your salary? Can you work in pressure?
  • Q2. What you salary? , Package lesser than your expectations?

Interview Preparation Tips

Interview preparation tips for other job seekers - Hard work , good incentive, helping boss, comparative HR

Interview Questionnaire 

1 Question

  • Q1. Your expectations

I applied via Walk-in and was interviewed before Dec 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. On collection

Interview Preparation Tips

Interview preparation tips for other job seekers - Super knowledge from hr team , so important question are asking in interview , they effect on collection

I applied via Referral and was interviewed in Apr 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How to explain customer CBC and LPP

Interview Preparation Tips

Interview preparation tips for other job seekers - Teem wark and choose good customer

I applied via Naukri.com and was interviewed before Mar 2021. There were 4 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. Taking introduction about self and also sharing profession in details
  • Ans. 

    Here deepak from hisar haryana 26 year old from vpo dabra village near hisar . My qualification is graduation and 5 year experience in collection hard b bucket

  • Answered by deepak Dabra
  • Q2. Taking a brief discussion in profession how to deal with customers and also teamwork
  • Ans. 

    My post was in agency in two wheeler to 3upto 90 bucket. and after that I am working 90dpd to 450 I have rich experience for handling non starter and defaulty customer also have a good lies in legal team for repossion process and also have good communication with customer for negotiation. Now I do police complaint against don't starter and also negotiate customer to pay our rollback amount or settle the case as per org...

  • Answered by deepak Dabra
Round 3 - Group Discussion 

How to deal with team and customer

Round 4 - HR 

(5 Questions)

  • Q1. What are your salary expectations?
  • Q2. Share details of your previous job.
  • Ans. 

    My overall journey is 5 years country working in a Poonwalla fincorp ltd as a senior collection executive with all KPI cracking every month

  • Answered by deepak Dabra
  • Q3. Why are you looking for a change?
  • Ans. 

    I would like to change my job because I have a leadership quality and time management and also other good skills that helps the organisation to for growth

  • Answered by deepak Dabra
  • Q4. Where do you see yourself in 5 years?
  • Ans. 

    In 5 years I would like to stand on the post collection manager

  • Answered by deepak Dabra
  • Q5. 1.My over all journey and experience was wonderfull with all colleague and seniors. Also my KPI and achievement. 2. I I have a leadership quality and also have a good strength as organisation need that's...

Interview Preparation Tips

Interview preparation tips for other job seekers - I have answered all the questions that are necessary

I applied via Company Website and was interviewed in Apr 2022. There was 1 interview round.

Round 1 - HR 

(4 Questions)

  • Q1. Collection required question
  • Q2. Collection experience question
  • Q3. Collection details questions
  • Q4. Team antling question

Interview Preparation Tips

Interview preparation tips for other job seekers - Good team work collection best performance

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

Tell us how to improve this page.

IIFL Finance Collections Manager Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
View more
IIFL Finance Collections Manager Salary
based on 54 salaries
₹2.8 L/yr - ₹7 L/yr
10% less than the average Collections Manager Salary in India
View more details

IIFL Finance Collections Manager Reviews and Ratings

based on 20 reviews

4.2/5

Rating in categories

4.2

Skill development

3.9

Work-life balance

4.3

Salary

3.9

Job security

3.8

Company culture

3.9

Promotions

4.0

Work satisfaction

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