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Collection refers to the process of recovering unpaid debts from borrowers.
Collection involves contacting borrowers who have defaulted on their payments.
The goal of collection is to recover the outstanding debt and bring the account up to date.
Collection can be done through various means such as phone calls, letters, and legal action.
Effective communication and negotiation skills are important in collection.
Collection ...
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posted on 20 Oct 2024
Current to write off refers to the amount of debt that is deemed uncollectible and removed from the books.
Current to write off is typically determined based on the age of the debt and the likelihood of collection.
It is important for collection associates to regularly review and update the current to write off amount.
Examples of factors that may contribute to a debt being written off include bankruptcy of the debtor or
I applied via Walk-in and was interviewed in Sep 2023. There were 2 interview rounds.
I applied via Referral and was interviewed in Mar 2024. There were 2 interview rounds.
Collection is the process of recovering overdue payments from customers or clients.
Collection involves contacting customers who have not paid their bills on time
Negotiating payment plans with customers to settle their debts
Utilizing various communication channels such as phone calls, emails, and letters to reach out to customers
Tracking and documenting all interactions with customers regarding their overdue payments
Esc...
I applied via AmbitionBox and was interviewed in Jan 2024. There were 2 interview rounds.
An aptitude test is an exam used to determine an individual's skill or propensity to succeed in a given activity Aptitude tests assume that individuals have inherent strengths and weaknesses and have a natural inclination toward success or failure in specific areas based on their innate characteristics
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posted on 9 Mar 2023
I applied via Company Website and was interviewed in Sep 2022. There were 2 interview rounds.
posted on 13 Oct 2024
I applied via Walk-in and was interviewed in Sep 2024. There were 3 interview rounds.
I conduct collections by contacting customers, negotiating payment plans, and documenting all interactions.
Contact customers via phone, email, or mail to discuss outstanding balances
Negotiate payment plans based on customer's financial situation
Document all interactions and agreements made with customers
Follow up with customers on payment deadlines and provide assistance as needed
What qualities do you have that we should offer you this?
I have extensive knowledge about the system used for collections, including software, processes, and regulations.
I am proficient in using collection software to track accounts and communicate with debtors.
I understand the legal regulations surrounding debt collection practices.
I am familiar with the process of skip tracing to locate debtors who have moved or changed contact information.
I applied via Walk-in and was interviewed before Nov 2023. There was 1 interview round.
Yes, I am comfortable in English and I left my previous company due to relocation for personal reasons.
I am fluent in English and have no issues communicating in the language.
I left my previous company because I had to relocate to a different city for personal reasons.
The decision to leave was not related to any issues with the company or work environment.
I am willing to compensate for the notice period by working extra hours or paying a buyout amount.
I am willing to work extra hours to compensate for the notice period
I am willing to pay a buyout amount to compensate for the notice period
I applied via Job Fair and was interviewed before Nov 2022. There were 3 interview rounds.
Tech Mahindra is a multinational technology company providing IT services and solutions.
Tech Mahindra is headquartered in Pune, India.
It is a part of the Mahindra Group conglomerate.
The company offers services in areas like consulting, digital transformation, and business process outsourcing.
Tech Mahindra has a global presence with offices and delivery centers in multiple countries.
They serve clients across various ind...
posted on 14 May 2022
I applied via Referral and was interviewed in Mar 2022. There were 3 interview rounds.
I have 8 years of experience in debt collection and recovery.
I have worked in debt collection for 8 years.
I have experience in recovering debts from various types of clients.
I am familiar with the legal processes involved in debt collection.
I have successfully recovered large sums of money for my previous employers.
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