Muralikrishna Varma Alluri
STATE COLLECTION MANAGER
Vijayawada
Summary
Versatile Senior Manager having 25+ years specializing in Recovery and collection and skilled at planning, implementing and overseeing key improvements to drive Collection growth and efficiency. History of cultivating an open culture with free exchange of information. Skilled Collection and monitoring competent in conducting patrols, monitoring defaulters and ensuring customer make payments according to schedules. Good report writing, record keeping and multitasking abilities with solid history of success at exceeding targets and recovering NPA accounts and write off cases. Pursuing new professional challenges with a growth-oriented company.
Overview
31
31
years of professional experience
1
1
Language
Work History
Chief Manager – State Collection Manager
IKF Finance Ltd
02.2023 - 11.2026
- Worked as a Chief Manager – State Collection Manager in IKF Finance Ltd, Vijayawada handling Collections and recovery of Andhra Pradesh from Feb 2023 to Nov 2026
- Key Responsibilities as State Collection Head in M/s. IKF Finance Ltd.
- Handling Collection portfolio of entire Andhra Pradesh
- Handling recoveries of CE, CV , CAR, TRACTOR, MSME AND SME for entire AP.
- Responsibility to clear the repo stock within 45 days
- Monitoring Individual and Team performance towards collection targets by providing feedback.
- Setting collection strategies to optimize collection results.
- Contact delinquent loan customers to negotiate schedules that are acceptable to organization and customers.
- Effective management of collection operations to reduce potential net credit loss of business.
- Capacity planning to ensure adequate collection resources to deliver business objectives.
- Reviews operational process within collections to identify opportunities to streamline operations, improve service to customers and minimize losses to organization.
- Prepare MIS related to performance of collection activities.
- Pursue loan defaulters to recover loan availed them.
- Analyzed and produced course-of-action reports and escalate issues to management in typical and crisis situations.
- Providing necessary details to legal dept., for Filing of Sec.138, Sec 9 and Sec 17 for all NPA cases
- Managed a team of professionals to achieve organizational goals and maintain high productivity levels.
- Executed appropriate staffing and budgetary plans to align with business forecasts.
Chief Manager – Regional Recovery Head
Srei Equipment Finance Ltd
07.2007 - 01.2023
- Worked as a Chief Manager – Regional Recovery Head in M/s. Srei Equipment Finance Ltd, Vijayawada handling entire AP july 2007 to Jan 2023.
- Key Responsibilities as Regional Recovery Head in M/s. Srei Equipment Finance Ltd.
- Handled Write off portfolio of entire Andhra Pradesh and Telangana
- Handled recoveries of CE ad CV for entire AP.
- Monitoring Individual and Team performance towards collection targets by providing feedback.
- Setting collection strategies to optimize collection results.
- Contact delinquent loan customers to negotiate schedules that are acceptable to organization and customers.
- Effective management of collection operations to reduce potential net credit loss of business.
- Capacity planning to ensure adequate collection resources to deliver business objectives.
- Reviews operational process within collections to identify opportunities to streamline operations, improve service to customers and minimize losses to organization.
- Prepare MIS related to performance of collection activities.
- Pursue loan defaulters to recover loan availed them.
- Analyzed and produced course-of-action reports and escalate issues to management in typical and crisis situations.
- Providing necessary details to legal dept., for Filing of Sec.138, Sec 9 and Sec 17 for all NPA cases
Deputy Manager
Sakthi Finance Ltd
01.2007 - 07.2007
- Worked as Deputy Manager in Sakthi Finance Ltd, Vijayawada for CE – Business from Jan 2007 to Jul 2007.
- Key Responsibilities as Deputy Manager in M/s. Sakthi Finance Ltd.
- Achieving business target and create good image in the market.
- Receivable Management
- Identified areas for improvement within the department, implementing strategic initiatives to address gaps in performance or resources.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
- Collaborated with cross-functional teams to drive business growth and achieve corporate objectives.
- Increased customer satisfaction levels by developing targeted strategies to address client concerns effectively.
Executive
Srei Infrastructure Finance Ltd
06.2004 - 01.2007
- Worked as Executive in Srei Infrastructure Finance Ltd., Vijayawada handling Collections for CE from June 2004 – Jan 2007.
- Key Responsibilities as Executive in M/s.Srei Infrastructure Finance Ltd.
- Aggressive follow up with all customers
- Maintaining least number of NPAs
- Responsibility for repossessions for NPA cases
- Providing necessary details to the legal department for filing cases against default customers.
- Maintained good relations with both strategic & retail customers
- Getting timely information from the customers about our assets
- Collection of Overdue
- Maintaining accounts in 31-60
- Established long-term client relationships through consistent delivery of high-quality products and services.
Executive
Sri Rajeswari Enterprises
05.1999 - 05.2004
- Worked as Executive in M/s Sri Rajeswari Enterprises, Vijayawada (Recovery Associates for ICICI Bank & Ing Vysya Bank), Vijayawada handling Collections from May 1999 – May 2004.
- Key Responsibilities as Executive M/s Sri Rajeswari Enterprises (Collection Associates for ICICI )
- Maintained good collections records
- Maintained all accounts in 0 - 30 bucket size
Field Officer
Upasana Finance limited
07.1995 - 04.1999
- Worked as Field Officer in M/s Upasana Finance limited (a TVS group Company) in Vijayawada handling business and collections for CV & cars from Jul 1995 – Apr 1999.
- Key Responsibilities as Field Officer M/s. Upasana Finance Ltd., (a TVS Group company)
- Credit appraisal: Appraisal of prospective hirer for ensuring timely repayment and adequate safety of the fund deployed.
- Achieving business target and create good image in the market.
- Receivable Management.
- Taking action against Accident vehicles.
- Responsibility for repossession for Non payment of vehicles.
- Providing necessary details to the legal department for filing cases against defaulting customers.
Education
MBA -
08-2016
M.com -
03-1995
B.Com., - Cost Accounts, Income Tax And Banking
05.2001 -
Skills
Having 25 years experience in Process Management, Client relationship management, Team Management & Collection and Recovery operations
A result oriented leader with proven expertise in leading delinquent accounts, recovery planning, effectuating risk policies and implementing mechanisms to mitigate risks
References
- H., Srinivas, National collection Head, 9703333197, IKF Finance Ltd, Hyderabad
- K Balaji Vara, Prasad, Regional Collection Head – AP & Telangana, 9642328780, A U Small savings Bank Ltd, Hyderabad
Communication Address
Muralikrishna Varma Alluri, 202, Avasa Brundavan, Loyola Gardens, Vijayawada – 520008.
Personal Profile
- Name : Muralikrishna Varma Alluri
- Fathers Name : Satyanarayana Raju
- Date of Birth : 20th July 1973
- Marital Status : Married.
Timeline
Chief Manager – State Collection Manager - IKF Finance Ltd
02.2023 - 11.2026
Chief Manager – Regional Recovery Head - Srei Equipment Finance Ltd
07.2007 - 01.2023
Deputy Manager - Sakthi Finance Ltd
01.2007 - 07.2007
Executive - Srei Infrastructure Finance Ltd
06.2004 - 01.2007
VBM DEGREE COLLEGE - B.Com.,, Cost Accounts, Income Tax And Banking
05.2001 -
Executive - Sri Rajeswari Enterprises
05.1999 - 05.2004
Field Officer - Upasana Finance limited
07.1995 - 04.1999
Sri Venkateswara University - MBA,
Nagarjuna University - M.com,