What policy of icici bank for authorised agent of two wheelers loans?


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i'm dsa of icici bank two wheelers loan if customer not paid loan what's my libleties


Answer (2):

Nash

That's true, If the customer hasn't paid the loan it is not Ur problem. It is under sole liability of ICICI bank.
As far as u have taken enough paper work & checked the credit liablity as per the companies requirements.
Hit goes on under writer & actuarial department.
In long run, It might affect ur KPI (Key performance Indicator) or ur bonus (depends on ur job role).
Two wheeler loans fall into small scale financing category,
They can't take actions on Sales personnel for unpaid debts.
Debt collection agency will be made responsible for collection of debt. Dont worry ur 200% safe.

Addi V

Its not your liabilities because the loan approval power is totally under the ICICI bank. So its not you tension.

If you need to take other bank dsa also the visit the new online finance community in India. That is
paisawaisa.com