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I applied via Referral and was interviewed before Dec 2022. There were 2 interview rounds.
The future of the collection department is evolving with advancements in technology and data analytics.
Advancements in technology will automate and streamline collection processes.
Data analytics will enable more accurate and targeted collection strategies.
Artificial intelligence and machine learning will assist in predicting customer behavior and optimizing collection efforts.
Integration of digital platforms and online...
The process of collection from customers involves several steps to ensure timely payment.
Establishing clear payment terms and conditions with customers
Sending invoices promptly and accurately
Following up with customers on overdue payments
Negotiating payment plans or settlements if necessary
Escalating collection efforts through legal action if all other attempts fail
Yes, collection is a crucial part of business.
Collection is essential for maintaining cash flow and ensuring the financial stability of a business.
It helps in recovering outstanding debts and reducing bad debt expenses.
Effective collection practices can improve the overall profitability of a company.
Timely collection of payments also enhances the credibility and reputation of the business.
Collection strategies may incl...
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I applied via Company Website and was interviewed before Jun 2020. There was 1 interview round.
I applied via Referral and was interviewed in Dec 2020. There was 1 interview round.
I am currently working as a Senior Relationship Manager at XYZ Bank.
Managing a portfolio of high net worth clients
Providing personalized financial advice and solutions
Building and maintaining strong relationships with clients
Meeting sales targets and revenue goals
Leading a team of Relationship Managers
Analyzing market trends and competitor activities
Developing and implementing strategies to increase market share
Planning for a new assignment
Identify the objectives and goals of the new assignment
Create a detailed timeline and action plan
Allocate resources and assign responsibilities
Monitor progress and make necessary adjustments
Communicate and collaborate with team members
Evaluate the success of the assignment
To increase business, it is important to focus on customer satisfaction, marketing strategies, and employee training.
Prioritize customer satisfaction by providing excellent service and addressing their needs
Implement effective marketing strategies to attract new customers and retain existing ones
Invest in employee training and development to enhance productivity and customer experience
Analyze market trends and competit...
I applied via Naukri.com and was interviewed before Oct 2019. There were 6 interview rounds.
We can accept gold loans of any carat.
We accept gold loans of all carats, including 24 carat, 22 carat, 18 carat, etc.
The carat of gold determines its purity, with 24 carat being the purest form.
Different carats of gold have different levels of purity and value.
We assess the value of the gold based on its carat and weight.
Customers can avail gold loans regardless of the carat of their gold.
Yes, hallmarks are distinctive characteristics or features that are used to identify or recognize something.
Hallmarks are often used in the context of identifying or recognizing the quality, authenticity, or origin of a product or item.
In the jewelry industry, hallmarks are small marks or stamps on precious metal items that indicate the metal's purity or quality.
In the legal field, hallmarks can refer to significant or...
I will ensure effective communication, set clear goals, provide training and support, and recognize and reward achievements.
Regular team meetings to discuss progress and challenges
Setting individual and team targets and monitoring progress
Providing training and support to team members to improve their skills
Recognizing and rewarding achievements to motivate the team
Encouraging teamwork and collaboration among team memb...
I applied via Referral and was interviewed before Dec 2019. There was 1 interview round.
To canvas gold loans and other products, we need to identify potential customers and offer them personalized solutions.
Identify potential customers through market research and customer profiling
Offer personalized solutions based on their needs and preferences
Leverage existing customer base for referrals and word-of-mouth marketing
Use digital marketing channels to reach a wider audience
Train and motivate sales team to e...
I applied via Referral and was interviewed before Feb 2020. There was 1 interview round.
I applied via Walk-in and was interviewed before Apr 2021. There were 2 interview rounds.
After Joining confirmation
Normal credit norms and policy refer to the standard guidelines followed by a company while extending credit to its customers.
Credit limit is set based on the customer's creditworthiness
Payment terms are agreed upon between the company and the customer
Late payment fees and interest rates are charged for delayed payments
Credit checks are conducted before extending credit to new customers
Credit policies are reviewed peri...
I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.
based on 1 interview experience
Difficulty level
Duration
based on 7 reviews
Rating in categories
Sales Manager
257
salaries
| ₹1.5 L/yr - ₹3.7 L/yr |
Branch Credit Manager
178
salaries
| ₹2.1 L/yr - ₹6 L/yr |
Branch Manager
138
salaries
| ₹3.3 L/yr - ₹7.8 L/yr |
Credit Manager
70
salaries
| ₹2.8 L/yr - ₹6 L/yr |
Area Credit Manager
67
salaries
| ₹4.3 L/yr - ₹8.7 L/yr |
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