Microfinance Field Collection Executive

We are a Business Correspondant working with Federal Bank looking for Collection Executives in Salem.

Requirements:

• Candidates must have completed at least +2 and above.
• Minimum of 2 years of experience in Field Collection in Microfinance products.
• Should have thorough knowledge of rural locations in Salem, Madurai, Tiruchirappalli, Coimbatore & Rameswaram regions.
• Should be able to collect hard bucket dues.
• Microfinance knowledge required.
• Agri Loan Collection experience preferable.
• Qualification in DRA (Debt Recovery Agent) will be an added advantage.
• Candidates must own a 2 wheeler.

Role:

• Tracking assigned geographic areas to identify borrowers with delayed or missed payments.
• Traveling to rural areas, farms, and villages to meet borrowers, verify the status of current activities, and discuss repayment options.
• Logging daily collection activities, payment statuses, and customer interactions to generate reports.
• Asset verification of customers before confirmation of loan disbursement.

This is a full time on field role.

Immediate joiners required.

Pay: ₹15,000.00 - ₹25,000.00 per month

Benefits:

• Health insurance

Work Location: In person