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LendingKart Area Collection Manager Interview Questions and Answers for Experienced

Updated 29 Apr 2022

LendingKart Area Collection Manager Interview Experiences for Experienced

1 interview found

I applied via Referral and was interviewed before Apr 2021. 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 

(1 Question)

  • Q1. What your salary expectation

Interview Preparation Tips

Interview preparation tips for other job seekers - Please let me know any suitable job as I am looking for a change

Interview questions from similar companies

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

(2 Questions)

  • Q1. Q1.Related to Earlier Worked experience, work handling.team size, reporting to,leave reason etc.
  • Q2. Q2.Previous back ground,Offers , negotiation, reference.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident & speak about earlier experience in details later ke product handling & location wise , team handling equipment etc.
Awards,Promotions etc.
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 in Aug 2024. There were 2 interview rounds.

Round 1 - Case Study 

Case study about loan not give

Round 2 - Assignment 

Good cash collection

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Referral and was interviewed in Oct 2018. There were 9 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Regarding current organization working adaptation
  • Q2. How to manage the agency rather than in house team
  • Ans. 

    Managing an agency requires clear communication, setting expectations, regular monitoring, and providing feedback.

    • Establish clear communication channels with the agency to ensure alignment on goals and expectations

    • Set clear KPIs and metrics to track the agency's performance

    • Regularly monitor the agency's progress and provide feedback to ensure they are meeting expectations

    • Hold regular meetings with the agency to discuss...

  • Answered by AI
  • Q3. Big Portfolio and small ticket size working hours

Interview Preparation Tips

Round: Resume Shortlist
Experience: Experience of working in NPA Pool

Round: Test
Experience: How to get approvals

Round: Value Addition
Experience: What new can you do in terms of value addition to the company

Round: Salary Negotiations
Experience: Maximum you can negotiate for you

General Tips: Dear Friends don't get nervous answer only when asked. Be clear about your salary negotiations. And location must suit you along with portfolio.
Skills: Communication, Body Language, Leadership, Decision Making Skills
Duration: 1-4 weeks

I applied via Referral and was interviewed in Jun 2019. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. About specifically work profile
  • Q2. Personal trait & routine habbit for early job change
  • Ans. 

    Being adaptable and having a proactive approach are important personal traits for early job change.

    • Adaptability: Being open to change and quickly adjusting to new environments or roles.

    • Proactive approach: Taking initiative and actively seeking opportunities for growth and development.

    • Networking: Building a strong professional network to explore job opportunities and gather information.

    • Continuous learning: Actively seek...

  • Answered by AI
  • Q3. About Team management
  • Q4. About Traveling efficiency
  • Q5. Insiperation & Goals of life
  • Ans. 

    My inspiration is to make a positive impact on people's lives. My goal is to continuously learn and grow both personally and professionally.

    • I am inspired by the idea of helping others and making a difference in their lives

    • I strive to continuously learn and improve myself, both personally and professionally

    • My goal is to be a leader in my field and make a meaningful impact on my team and organization

    • I am motivated by the...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Calm, effective on words, be clear what you saying, focus on tight negotiation, keep your working on mind,
Always give answer in shortest sentences, don't confuse to interviewer

Interview Questionnaire 

1 Question

  • Q1. About my job interview title and company name
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(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

  • Answered by AI
  • Q2. Process orientation and system knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - This is one of the best and fastest-growing non-banking financial companies (NBFCs). The work experience here is exceptional, as the management consistently values your contributions and rewards you periodically.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview in Feb 2025, where I was asked the following questions.

  • Q1. What is your working experience?
  • Ans. 

    I have over five years of experience in collections, focusing on customer relations and debt recovery strategies.

    • Managed a portfolio of over 300 accounts, achieving a 95% recovery rate within 60 days.

    • Developed strong relationships with clients, leading to improved payment terms and reduced delinquencies.

    • Utilized various collection software tools to track payments and automate follow-ups, increasing efficiency.

    • Conducted...

  • Answered by AI
  • Q2. Job skills question
  • Q3. What is your experience with customer collection processes?
  • Ans. 

    I have extensive experience in customer collection processes, focusing on effective communication and relationship management.

    • Developed and implemented collection strategies that improved recovery rates by 20%.

    • Utilized CRM software to track customer interactions and payment histories, ensuring timely follow-ups.

    • Conducted regular training sessions for team members on negotiation techniques and conflict resolution.

    • Succes...

  • Answered by AI
  • Q4. Any more questions
  • Q5. What is the job location?
  • Ans. 

    Jhunjhunun rajasthan

  • Answered Anonymously

I applied via Naukri.com and was interviewed in Aug 2022. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Telephonic Interview 1. Questions related to sql and ETL
Round 2 - Technical 

(1 Question)

  • Q1. Client interview in Webex. Basics Sql questions
Round 3 - Behavioral 

(1 Question)

  • Q1. Introduction about company and self intro

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidenty attend interview. Don't loose your hope. Anything can happen in anytime.
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

LendingKart Interview FAQs

How many rounds are there in LendingKart Area Collection Manager interview for experienced candidates?
LendingKart interview process for experienced candidates usually has 2 rounds. The most common rounds in the LendingKart interview process for experienced candidates are Resume Shortlist and HR.
How to prepare for LendingKart Area Collection Manager interview for experienced candidates?
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 LendingKart. The most common topics and skills that interviewers at LendingKart expect are Banking and Financial Statements.

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LendingKart Area Collection Manager Salary
based on 18 salaries
₹6.3 L/yr - ₹18 L/yr
25% more than the average Area Collection Manager Salary in India
View more details

LendingKart Area Collection Manager Reviews and Ratings

based on 5 reviews

3.3/5

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2.3

Skill development

2.7

Work-life balance

3.3

Salary

2.7

Job security

2.3

Company culture

2.6

Promotions

2.7

Work satisfaction

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