Collections Executive Education Loans

1 - 3 years

3 - 5 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

The Collections Executive will be responsible for managing overdue education loan accounts, following up with customers for payments, negotiating settlements, and ensuring timely recovery while maintaining a positive customer relationship. The role involves tele-calling, coordination with internal teams, and compliance with RBI and company guidelines.
Key Responsibilities:
  • Follow up with customers for EMI payments on overdue education loan accounts.
  • Call delinquent customers to negotiate and collect payments.
  • Maintain and update collection status in internal systems and MIS reports.
  • Coordinate with legal, customer service, and operations teams as needed.
  • Escalate chronic defaulters and support legal proceedings when required.
  • Ensure collections adhere to fair practices and regulatory norms (RBI guidelines).
  • Achieve monthly recovery targets and resolve customer queries related to collections.
Key Skills:
  • Good communication and negotiation skills
  • Understanding of education loan products and repayment structures
  • Knowledge of local geography and language (preferred)
  • Ability to handle pressure and work independently
  • Familiarity with collection tools, CRM systems, and mobile collection apps
Qualifications:
  • Graduate in any discipline (Commerce/Finance preferred)
  • 1 3 years of relevant experience in retail loan collections (preferably education loans or unsecured loans)

Job Category:

Education Loan

Job Type:

Full Time

Job Location:

Bengaluru
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