Belstar Microfinance Limited – Walk-in Interview | Collection & Recovery Executive Jobs
Looking for a stable career in the microfinance sector? Belstar Microfinance Limited, a subsidiary of Muthoot Finance, is conducting a Walk-in Interview for the positions of Collection Executive & Recovery Executive across various locations in Bihar.
About Belstar Microfinance Limited
Belstar Microfinance Limited (BML) is a leading Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI) registered with the Reserve Bank of India (RBI). Headquartered in Chennai, Tamil Nadu, Belstar has been empowering rural communities since its inception in 1988, initially as a project of Hand in Hand India and later incorporated as a company in 2008.
With a strong focus on financial inclusion, Belstar provides microloans to underserved women in rural and semi-urban areas, helping them become self-reliant through income-generating activities. The company primarily follows the Joint Liability Group (JLG) model, ensuring responsible lending and collective repayment.
📝 Job Description
As a Collection Executive / Recovery Executive, you will be responsible for field visits, EMI collection, and resolving customer queries. You will play a key role in maintaining the company’s healthy loan portfolio and building trust with customers.
This role offers an excellent opportunity to learn the fundamentals of microfinance operations, customer relationship management, and collections processes in one of India’s leading NBFC.
📌 Job Details
- Job Role: Collection Executive & Recovery Executive
- Job Type: Full-time | Field Work
- Locations: Muzaffarpur, Saraiya, Motipur, Sitamarhi, Runisaidpur, Sarfudindpur, Singhwara, Singhiya, Benipur, Madhubani, Khajauli, Benipatti
✅ Eligibility Criteria
- Qualification: 10+2 & Above
- Age Limit: 18 to 28 Years
- Experience: Freshers & Experienced candidates welcome
🎯 Key Responsibilities
- Collection of EMI and dues from existing customers
- Ensuring timely recovery of payments as per company policy
- Building and maintaining good relationships with customers
- Handling customer queries and providing satisfactory solutions
- Updating collection status on the system regularly
- Coordinating with branch and senior officials for smooth operations
💰 Salary & Benefits
- Attractive Salary Package
- Best Incentive Structure
- PF & ESIC Benefits
- Medical Benefits
- Mobile Reimbursement
- Travel Allowance
- Job Preferred at Home Location
- Work-Life Balance
- Better Career Growth Opportunities
🗓️ Walk-in Interview Jobs Near Me In Bihar
- Date: 5th July 2025 (Saturday)
- Time: 10:00 AM to 3:00 PM
- Venue: 1st Floor, Near Khabra Temple, NH 28, Khabra, Muzaffarpur, Bihar – 843146
📞 Contact for More Information
- Sujeet Kumar (HR): 97156 33191
- Hariom Prakash (CM): 95257 16886
📑 Documents Required
- Updated Resume (Biodata)
- Aadhaar Card & PAN Card
- Driving License
- All Educational Documents
- Last 3-month Payslip & Relieving/NOC Letter (if applicable)
👩💼 Female & Male: Both Candidates are Welcome!
❓ Frequently Asked Questions (FAQs)
Q1. Is field work compulsory for this role?
Yes, this is a field-based job involving collections & recovery tasks.
Q2. Can freshers apply for this position?
Yes, freshers who meet the eligibility criteria are encouraged to apply.
Q3. Is a two-wheeler mandatory?
Yes, having a two-wheeler and valid driving license is preferred for easy travel during collections.
Q4. Are there any incentives?
Yes, best-in-industry incentives are offered based on performance.
Q5. What career growth is possible?
Belstar offers structured career growth, performance-based promotions, and opportunities to work at your preferred location.
Q6. What are the working hours?
Working hours are typically 9:30 AM to 6:00 PM, with field visits during the day.
Q7. Do I need experience in microfinance?
No, experience in microfinance is preferred but not mandatory.
Q8. Is there any training provided?
Yes, selected candidates will undergo initial training before field deployment.
Q9. How soon can I join?
Immediate joiners are preferred; final joining date will be discussed after selection.
Q10. What is the selection process?
The process includes a personal interview and document verification.
💡 Interview Tips
- Carry all necessary documents in original & photocopy
- Dress in neat, formal attire
- Be confident and have a positive attitude
- Prepare to answer questions about your background
- Be clear about why you want to work in microfinance
- Mention your willingness to work on-field and travel if required
- Display good communication and interpersonal skills
🌟 Welcome to a New Beginning!
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Let this be yours.
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Branch Manager Bihar ward
Branch Manager Bihar
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