Vastu Housing Finance Collections Manager Interview Questions and Answers

Q1. Your name From Qualification
Add your answer

Collection ko lakar koi bi questions ho

Q1. Housing collection kasa karta h
View 2 more answers
Q2. Housing collection ka bara ma kiya janta ho
View 2 more answers
Q3. Collection kasa krta h
Add your answer
Q4. Payment na krna par sec 25 ka notice data h
Add your answer
Q5. Grup visit karta h or fir emi collection karta h
Add your answer
Q6. Notice dikhakar drata h fir emi collection karta hai
Add your answer

Q1. Self introduction
Add your answer

Q1. General information
Add your answer
Q2. What you know about collections ?
Ans. 
Collections involve the process of recovering overdue payments from customers or clients.
• Collections involve contacting customers who have overdue payments.

• Negotiating payment plans with customers to settle their debts.

• Recording all communication and payment agreements with customers.

• Utilizing collection software to track and manage accounts.

• Following legal guidelines and regulations when pursuing collections.

• Examples:...read more
Answered by AI
Add your answer
Q3. What is Secured and Unsecured loans? What is NPA and Write off and Pre NPA ?
Ans. 
Secured loans are backed by collateral, while unsecured loans are not. NPA refers to non-performing assets, write off is when a loan is considered uncollectible, and pre NPA refers to loans at risk of becoming NPA.
• Secured loans are loans that are backed by collateral, such as a house or car, reducing the risk for the lender.

• Unsecured loans are not backed by collateral, making them riskier for the lender.

• NPA (Non-Perfor...read more
Answered by AI
Add your answer

Q1. General discussion
Add your answer

Q1. Reason behind leaving last organisation
Add your answer

Q1. I'm very nervous but confidence level is very high
Add your answer
Q2. How much experience current company
Add your answer
Q3. Your current company salary
Add your answer

Q1. Haw can you recover the money
Ans. 
Recovering money requires a systematic approach and effective communication with the debtor.
• Identify the reason for non-payment and address it promptly

• Establish a payment plan and follow up regularly

• Consider legal action if necessary

• Maintain a positive relationship with the debtor to ensure future business

• Utilize collection agencies or debt collectors as a last resort
Answered by AI
Add your answer

Q1. What is the Recovery
Ans. 
Recovery refers to the process of regaining something that has been lost or damaged.
• Recovery can refer to financial recovery, such as the process of recovering unpaid debts or loans.

• It can also refer to physical recovery, such as the process of recovering from an injury or illness.

• In the context of data, recovery can refer to the process of recovering lost or corrupted data.

• Recovery can also refer to the process of res...read more
Answered by AI
Add your answer
Q2. What is the Recovery tools
Ans. 
Recovery tools are software or hardware used to recover lost or corrupted data.
• Recovery tools can be used to recover data from hard drives, USB drives, memory cards, and other storage devices.

• Examples of recovery tools include Recuva, EaseUS Data Recovery Wizard, and TestDisk.

• Recovery tools can also be used to recover deleted or lost partitions on a hard drive.

• Hardware recovery tools include devices that can read data ...read more
Answered by AI
Add your answer

Q1. Hr will take more then 1 hr
Add your answer
Q2. About experience and checking the communication skills
Add your answer
Q3. How you manage if you cant handle the problem
Ans. 
I would seek help from a colleague or supervisor to find a solution and learn from the experience.
• Seek assistance from a more experienced colleague or supervisor

• Research and gather information to better understand the problem

• Take a step back and reassess the situation to find alternative solutions
Answered by AI
Add your answer