Pigmy Agent / Deposit Collection Agent

Job Description designed for a commission- and incentive-based role at Galaxy Multistate Multipurpose Co-operative Society Limited.

Job Description – Pigmy Agent / Deposit Collection AgentJob Description – Pigmy Agent / Deposit Collection Agent

Organization: Galaxy Multistate Multipurpose Co-operative Society Limited

Department: Business Development / Deposit Mobilization

Job Title: Pigmy Agent / Deposit Collection Agent

Industry: Co-operative Banking / Financial Services

Employment Type: Commission-Based / Incentive-Based

Experience: Freshers and Experienced Candidates Can Apply

Work Mode: Field Work

Location: Assigned Local Area / Branch Territory

Reporting To: Branch Manager / Business Development Manager

Job Summary

Galaxy Multistate Multipurpose Co-operative Society Limited is looking for motivated and responsible Pigmy Agents / Deposit Collection Agents to promote eligible deposit products and develop customers/members within their assigned area.

The Pigmy Agent will be responsible for customer acquisition, regular collection of eligible deposits as per the organization's approved process, maintaining customer relationships, and achieving assigned collection/business targets.

This is a commission-based and incentive-based opportunity, making it suitable for candidates looking for flexible field-based work and earning opportunities linked to their performance.

Key Responsibilities

Visit customers/members in the assigned area for authorized deposit collection activities.

Promote the organization's applicable savings/deposit products and services.

Acquire new customers/members through personal contacts, referrals, local networking, and field visits.

Explain product features, eligibility, terms, documentation, and applicable procedures clearly to customers.

Collect deposits only through the authorized process and issue/maintain the required records or receipts.

Ensure all collected amounts and transaction records are submitted/deposited with the organization within the prescribed timeline.

Maintain accurate daily collection records and customer information.

Follow up with customers regularly for scheduled collections.

Build and maintain long-term relationships with customers/members.





Generate referrals and identify new business opportunities in the assigned territory.

Assist customers with basic service queries and coordinate with the branch when necessary.

Submit daily/weekly collection and business reports to the reporting manager.

Follow all organizational policies, internal controls, KYC requirements, and applicable rules.

Maintain complete confidentiality of customer and organizational information.

Immediately report any discrepancy, customer complaint, unusual transaction, or collection-related issue to the branch/authorized officer.

Perform other field-related responsibilities assigned by management.

Commission & Incentive Structure

This position is primarily commission/incentive based.

Earnings may be linked to:

Deposit collection performance.

Recent customer/member acquisition.

Growth in eligible deposit business.

Achievement of monthly/quarterly targets.

Customer retention and active accounts, where applicable.

Performance-based incentive schemes announced by the organization from time to time.

Note: Commission rates, eligibility conditions, targets, payment schedules, and incentive slabs will be as per the organization's prevailing policy and applicable rules.

Eligibility & Qualifications

Minimum 10th / 12th Pass preferred.

Basic ability to read and write.

Basic knowledge of local language required.

Basic knowledge of Hindi/English will be an advantage.

Previous experience in deposit collection, banking, co-operative society, insurance, microfinance, field sales, or financial services is preferred but not mandatory.

Preferred Candidate Profile

Candidates with experience or contacts in the following areas may be preferred:

Banking / Co-operative Society

Deposit collection

Pigmy collection

Insurance sales

Microfinance

Field sales

Direct sales

Customer acquisition

Local business networking

Required Skills

Good communication and interpersonal skills.





Customer-friendly and polite approach.

Strong networking and relationship-building ability.

Ability to work independently in the field.

Target-oriented and self-motivated.

Good follow-up skills.

Honest, reliable, and responsible.

Basic smartphone knowledge.

Ability to maintain accurate collection records.

Knowledge of the local area and customer base will be an advantage.

Key Performance Indicators (KPIs)

Daily/monthly deposit collection.

New customer/member acquisition.

Achievement of assigned business targets.

Collection regularity and accuracy.

Customer retention and relationship management.

Timely submission of collected amounts and records.

Compliance with collection procedures.

Number and quality of new business referrals.

Important Compliance & Conduct Requirements

The agent must follow the organization's authorized collection and documentation procedures at all times.

No unauthorized charges, promises, or commitments should be made to customers.

Customer money and documents must be handled strictly according to the organization's prescribed process.

All transactions must be properly recorded and acknowledged through authorized channels.

Customer information must not be disclosed to unauthorized persons.

Any suspected fraud, discrepancy, or irregularity must be reported immediately to the branch/authorized officer.

Job Highlights

Commission-Based Earning

Performance-Based Incentives

Flexible field-based work opportunity

Opportunity to build a customer network

Suitable for candidates with strong local contacts

Freshers and experienced candidates can apply

Higher business performance can lead to higher earning potential

Job Requirements

Position: Pigmy Agent / Deposit Collection Agent

Employment Type: Commission + Incentive Based

Qualification: 10th / 12th Pass preferred

Experience: Freshers & Experienced candidates can apply

Work: Field-Based

Location: Assigned Branch/Local Area

Reporting: Branch Manager / Business Development Manager

Travel: Local customer visits required

Note: Appointment, commission, incentives, collection procedures, and other terms will be subject to the organization's policies and applicable laws/regulations.

📌 Pigmy Agent (Baramati)
🏢 Galaxy Multistate Multipurpose Co-Operative Society
📍 Baramati