Collection Officer (Bokaro Steel City)

Collection Officer (Bokaro Steel City)

15 Oct
|
Aye Finance
|
Bokaro Steel City

15 Oct

Aye Finance

Bokaro Steel City

- Debt Recovery & Field Collection:
- Contact delinquent borrowers via phone, email, or physical field visits.
- Track and recover overdue Equated Monthly Installments (EMIs) across various buckets.
- Negotiation & Restructuring:
- Negotiate realistic repayment plans, one-time settlements (OTS), or loan restructuring options with financially distressed customers.
- Balance customer retention and firm cash flow needs.
- Portfolio & Bucket Tracking:
- Monitor roll-forward and roll-back rates (moving accounts into worse or better delinquency stages).
- Maintain Management Information System (MIS) reports and daily collection logs.
- Legal & Regulatory Compliance:
- Adhere to Reserve Bank of India (RBI) guidelines, fair practice codes, and debt collection regulations.
- Issue formal demand and warning notices, and coordinate with legal or third-party recovery agencies when accounts fail to resolve

📌 Collection Officer (Bokaro Steel City)
🏢 Aye Finance
📍 Bokaro Steel City

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