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Kotak Mahindra Prime Collections Manager Interview Questions and Answers
Kotak Mahindra Prime Collections Manager Interview Experiences
3 interviews found
Selected
I applied via Referral and was interviewed in Apr 2024. There were 3 interview rounds.
(2 Questions)
- Q1. Asked about experience
- Q2. What done past in collection
- Ans.
I have managed collections for various companies, ensuring timely payments and resolving any outstanding issues.
Managed collections for multiple companies
Ensured timely payments from customers
Resolved any outstanding issues with payments
Implemented strategies to improve collection efficiency
Tested comunication skills
(2 Questions)
- Q1. Salary expected
- Ans.
Negotiable based on job responsibilities and market standards
Salary expectations are flexible and dependent on the specific job duties and industry standards
Open to discussing salary range during the interview process
Seeking a competitive salary that reflects my experience and qualifications
- Q2. Family status internal skills
Interview Preparation Tips
Selected
I applied via Referral and was interviewed in Jun 2023. There were 3 interview rounds.
(3 Questions)
- Q1. Share Field experience
- Ans.
I have 5 years of field experience as a Collections Manager.
Managed a team of 10 collectors and achieved a 20% increase in collections within the first year.
Implemented new strategies to improve collection efficiency, resulting in a 15% reduction in delinquent accounts.
Developed and maintained relationships with clients, negotiating payment plans and resolving disputes.
Utilized data analysis to identify trends and impl...
- Q2. Why live previous organisation
- Ans.
I left my previous organization due to limited growth opportunities and a desire for new challenges.
Limited growth opportunities in my previous organization
Seeking new challenges and opportunities for professional development
Desire for a change in work environment
Exploring new industries or sectors
Relocation or personal reasons
- Q3. Background check in previous organisation
- Ans.
Yes
Background checks were conducted in my previous organization.
The purpose of the background check was to verify the accuracy of the information provided by candidates and ensure their suitability for the role.
The background check included verifying employment history, educational qualifications, criminal records, and credit history.
The process involved contacting previous employers, educational institutions, and cond...
(2 Questions)
- Q1. Salary decission and background check
- Q2. Cross verification about previous job
Interview Preparation Tips
Selected
I was interviewed before Jan 2024.
(2 Questions)
- Q1. Tell me about yourself
- Q2. What was the portfolio you were looking there
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Selected
I was interviewed in Jul 2024.
Making person good in his work
How can we resolve NPA case
About the NPA case
(5 Questions)
- Q1. How can we resolve NPA case
- Q2. How can we get achievements
- Q3. How can we motivate customer to payment
- Q4. How can we rich ourtarget
- Q5. How can we get make good performance
Nitin Kataria
(3 Questions)
- Q1. About our previous experience, previous company culture
- Q2. What about your previous experience ?
- Q3. How to work ?
Interview Preparation Tips
Collections Manager Interview Questions & Answers
Hinduja Leyland Finance
Kumar sm
posted on 31 Dec 2023
Selected
I applied via Walk-in and was interviewed in Dec 2023. There was 1 interview round.
(4 Questions)
- Q1. Previous job details
- Q2. How to handle team
- Q3. How to collect emi with Hard customer
- Ans.
To collect EMI from hard customers, it is important to establish clear communication, offer flexible payment options, and escalate to higher authorities if necessary.
Establish clear communication with the customer to understand their situation and negotiate a feasible payment plan.
Offer flexible payment options such as extending the deadline, reducing the amount, or setting up a payment schedule.
Escalate the issue to h...
- Q4. How to work on field
- Ans.
Working on field involves conducting visits to clients, assessing their situation, negotiating payment plans, and ensuring compliance.
Schedule visits to clients based on priority and location
Assess the client's financial situation and ability to pay
Negotiate payment plans that are feasible for the client and beneficial for the company
Ensure compliance with payment agreements and follow up on overdue accounts
Maintain de...
Interview Preparation Tips
Collections Manager Interview Questions & Answers
Sammaan Capital Limited
Anonymous
posted on 29 May 2022
Selected
I applied via Job Fair and was interviewed before May 2021. There was 1 interview round.
My self and family members details General work
Interview Preparation Tips
Collections Manager Interview Questions & Answers
Kogta Financial India Limited
Anonymous
posted on 30 Dec 2024
Selected
I applied via Referral and was interviewed before Dec 2023. There was 1 interview round.
(2 Questions)
- Q1. What is your experience with collections?
- Ans.
I have over 5 years of experience managing collections for a financial institution.
Managed a team of collectors to ensure timely payments from delinquent accounts
Implemented strategies to reduce outstanding balances and increase recovery rates
Utilized software systems to track and monitor collection efforts
Negotiated payment plans with customers to resolve outstanding debts
- Q2. Process orientation and system knowledge
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed before Oct 2023. There were 2 interview rounds.
What about myself in financial experience
(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.
Interview Preparation Tips
Collections Manager Interview Questions & Answers
Sammaan Capital Limited
Anonymous
posted on 16 Apr 2021
Interview Questionnaire
1 Question
- Q1. About my job interview title and company name
Kotak Mahindra Prime Interview FAQs
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Kotak Mahindra Prime Collections Manager Interview Process
based on 5 interviews
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Rating in categories
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318
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|  ₹1.1 L/yr - ₹3.5 L/yr |
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316
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| ₹3 L/yr - ₹7.7 L/yr |
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Relationship Manager
272
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| ₹2 L/yr - ₹7.6 L/yr |
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