Ujjivan Small Finance Bank Area Collection Manager Interview Questions and Answers

Q1. Why should our company hair you?
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Q2. What is your previous company job?
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Q3. What is the reason for your previous company resigned?
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Q4. What is the small Finance Bank..?
Ans. 
Small Finance Banks are financial institutions that provide basic banking services to small businesses and low-income individuals.
• Small Finance Banks focus on providing financial services to underserved and unserved sections of the population.

• They offer services such as savings accounts, fixed deposits, loans, and payment services.

• These banks are required to have a minimum capital of Rs. 200 crore.

• Examples of Small Fin...read more
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Q1. What is the process off collection .
Ans. 
The process of collection involves contacting individuals or businesses to recover outstanding debts or payments.
• Contacting debtors via phone calls, emails, or letters to remind them of their outstanding payments

• Negotiating payment plans or settlements with debtors to recover the owed amount

• Recording all communication and payment agreements for documentation purposes

• Escalating collection efforts by involving legal acti...read more
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Tell me about your self.

Q1. What do you mean Team DRR.
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About work related past, present and future planning.

Q1. Salary & experience
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Q1. How do you do collection?
Ans. 
I employ a systematic approach to collections, focusing on communication, relationship-building, and strategic follow-ups.
• Establish clear communication: I initiate contact with clients through phone calls and emails to discuss outstanding balances.

• Build relationships: I prioritize understanding clients' situations to foster trust and encourage timely payments.

• Set up reminders: I use automated systems to send reminders ...read more
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Q2. What is DRR?
Ans. 
DRR stands for Disaster Risk Reduction, focusing on minimizing disaster impacts through preparedness and mitigation strategies.
• DRR involves assessing risks and vulnerabilities to disasters.

• It includes strategies like early warning systems and community education.

• Examples of DRR activities are floodplain zoning and earthquake-resistant building codes.

• International frameworks like the Sendai Framework promote DRR globall
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