Payment Collector

Debit Collector

Collection Officer

Minimum ? Graduate

Freshers or up to 2 years of work experience in financial service industry

The tasks a Bill Collector is expected to perform include:Collecting rent or payment of bills or other dues from customers, tenants, etc. on behalf of government or other employer

Issuing receipts to customers on collection of dues

Making entries of outstanding bills and invoices in register

Well-versed in recording financial status of customers and status of collection efforts

Proficient in locating and notifying the customers by mail, telephone or personal visit in order to solicit payments

Adept in advising customers of necessary actions and strategies for debt repayment

Proficient in performing miscellaneous clerical duties such as answering correspondence and writing reports

Well-versed in performing various administrative functions for assigned clients, such as recording address changes and removing the records of deceased customers

Proficient in negotiating credit extensions when necessary

Adept in tracing delinquent customers to new addresses by inquiring at post offices, telephone companies, credit bureaus, or through questioning neighbors

Well-versed in notifying credit departments, order merchandise repossession, etc. when customers fail to respond to collection attempts

Knowledge of encasing cheques or postal order

Not applicable

Effective communication skills

Analytical thinking

Good listener


Good math skill

Relationship building skills

Hardworking and persistent

It needs one to be on their toes

Need not handle a team

Travelling is a part of this job role

Part-time and contractual jobs are available in some cities

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week and 9/10 hours everyday. This may vary company to company

Shift system is not available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), Blind (B), Low Vision (LV)and those who have their Hearing Impaired (HH)

This job is considered to be mildly hazardous or dangerous

Health risks include stress, slip and falls, exposure to extreme temperatures, extensive travelling, etc.Occupational hazards include physical injuries, depression and anxiety, heart diseases, accident, headache, infection, fatigue, etc.

For freshers ? INR 8,000 to INR 12,000 per month For candidates with 1/2yearsofexperience-INR12,000 to INR 20,000 per month For candidates with over 2 years experience-INR20,000 to INR 30,000 per month(These figures are indicative and subject to change)

Overview of Banking, Financial Service and Insurance Sector in India

Indiaisoneofthefastgrowingeconomiesandsecondmostpopulouscountryintheworld.WiththepopulationofmorethanabillionpeopleandrisingpercapitaincomeIndiaprovidesanenormousopportunityfortheBFSIcompanies. Currently58.7percentofthe Indianhouseholdsdonothaveaccess to any banking and financial service network, thus offer an enormous opportunity to BFSI companies to expand by introducing of new products, leveraging technology, deploying innovative strategies and ramping up distribution network.

India has a diversified financial sector, which is undergoing rapid expansion. The sector comprises commercial banks,insurancecompanies, non-banking financial companies, co-operatives, pension funds,mutual fundsand other smaller financial entities. The financial sector in India is predominated by banking sector. The Indian banking sector in India is fragmented, with 46 commercial banks competing for business with dozens of foreign banks as well as rural and co-operative lenders. Public sector banks holds majority of the market share in Indian banking sector.

The banking industry in India has the potential to become the fifth largest banking industry in the world by 2020 and third largest by 2025 according to a KPMG-CII report. Thesizeof banking assets in India has reached US$ 1.8 trillion in FY13 and is expected to touch US$ 28.5 trillion by FY25. Over the next decade, the banking sector is projected to create over 1.5 million new jobs, driven by the efforts of the RBI and the Government of India to integrate financial services into rural areas and to upgrade the traditional way of operations with modern technology. Thus the demand for professionals like Finance Agent, Bill Collector, etc. is bound to increase in banking sector.

The BFSI sector in India currently employs over 2.55 million people and looking at the future growth potential it is estimated that BFSI sector will employ more than 4.2 million employees by 2022, an additional 1.6 million job creation by 2022.

All banks, NBFCs and financial service companies across India

All debit collection service provider across India

Cities across India

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All Arts, Science and Commerce college across India

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