24 Oct
|
Aye Finance
|
Nadiad
24 Oct
Aye Finance
Nadiad
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 Nadiad
🏢 Aye Finance
📍 Nadiad