commercial vehicle installment collection process flow chart

Decided sale dept. Apply 5 C’s: 1. Character 2. Capacity 3. Capital 4. Collateral 5. Condition assign Geographically Allocate TRO TRO Assessescustom er& collectDocum entsto send Comm entsfeedback 3rd party finally analyze customerassessm ent& Docum entsto returned EPGL, RM W ith suggest feedback Party receive the Vehicle & pay to the 1 st Installm entw ithin 45 day’s All TRO review the m onthly targetw ithin 5 th ofeach m onth. Contactoverthe phone/Physical to the party to pay the 1 st installm entw ithin 45 days Fist15 day’svehicle Reg: Purpose. W ithin 30 day’suse the vehicle to hisbusiness. TRO flow histargetlist& Contactoverthe phone/Physical to the party before 7 day’s due date ofpaym ent. Before ofdue date TRO Contactthe party form onthly installm ents. TRO receive Bank depositslip & issue the ‘M oney Receipt’ to Custom erw ithin 7 (seven)daysfrom paym entreceiptalso m aintain both of‘Collection Card’ (custom er & TRO )receive each installm ent. End ofthe day TRO m ustbe send ‘Daily Collection Report/Bank deposit’ thought courierto EPGLassigned person daily basis. Head ofRecovery orassignee person receive the courier/Bank deposit& pose to respected dept. orpersona. Custom ersw ill be depositthe installm ent am ountin selected Bank & TRO m usthelp to Custom erforgetthe depositslip in Bank. Commercial Vehicle Installment Collection Process Flow chart Traditionally Commercial vehicle sale procedure flow to HP sales Strategic but Methods of Installment Collections process use to Moderate HP Strategic & Action in Bangladesh. TRO: Territorial Recovery Officer 01. Documenting the Credit Relation & 02. Line of Installments

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Page 1: Commercial Vehicle Installment Collection Process Flow chart

Decided sale dept.

Apply 5 C’s: 1. Character 2. Capacity 3. Capital 4. Collateral 5. Condition

assign

Geographically

Allocate TRO

TRO Assesses customer & collect Documents to send Comments feedback

assign

3rd party finally analyze customer assessment & Documents to returned EPGL, RM With suggest

feedback

Party receive the Vehicle & pay to the 1st Installment within 45 day’s

All TRO review the monthly target within 5th of each month. Contact over the phone/Physical to the party to pay the 1st installment within 45 days

Fist 15 day’s vehicle Reg: Purpose.

Within 30 day’s use the vehicle to his business.

TRO flow his target list & Contact over the phone/Physical to the party before 7 day’s due date of payment. Before of due date TRO Contact the party for monthly installments.

TRO receive Bank deposit slip & issue the ‘Money Receipt’ to Customer within 7 (seven) days from payment receipt also maintain both of ‘Collection Card’ (customer & TRO) receive each installment.

End of the day TRO must be send ‘Daily Collection Report/Bank deposit’ thought courier to EPGL assigned person daily basis.

Head of Recovery or assignee person receive the courier/ Bank deposit & pose to respected dept. or persona.

Customers will be deposit the installment amount in selected Bank & TRO must help to Customer for get the deposit slip in Bank.

Commercial Vehicle Installment Collection Process Flow chart

Traditionally Commercial vehicle sale procedure flow to HP sales Strategic but Methods of Installment Collections process use to Moderate HP Strategic & Action in Bangladesh.

TRO: Territorial Recovery Officer 01. Documenting the Credit Relation & Assesses Customer

Assessment02. Line of Installments collection by “TRO”