Pan-India presence
Timely legal interventions
Pan India Coverage
Complete legal solution
Efficient legal recoveries with both centralized and decentralized approaches, setting the industry standard.
Resolving NPAs frequently involves legal steps, and as a prominent debt recovery agency, we boast a robust and prepared legal team that springs into action when conventional collection methods prove ineffective in compelling borrowers to settle their dues. Our adept team of attorneys implements a carefully crafted legal strategy tailored to each borrower’s circumstances. Our intelligent platform is continuously updated in real-time, with action items decided upon through mutual agreement.
Incorporating the benefits of both centralized and decentralized legal approaches into debt collection strategies.
Our expertise in NPA resolutions is fortified by our highly advanced technical platform, leveraging data analytics and predictive algorithms derived from thorough research into borrower behaviors. We adeptly navigate challenges such as geographical dispersion, high-cost inputs, and low-resolution rates, transforming debt collection into a dependable and efficient endeavor. Our pursuit of becoming the premier debt collection agency involves addressing industry loopholes with meticulous and lawful attention, guided by our experts’ comprehensive understanding of legal procedures.
Approach Focused on Research
We conduct thorough research and review of the portfolio, comprehensively understand the borrower profile, and then determine the subsequent steps, instead of immediately initiating the process.
Tailored and Debt-Centric Strategy
We tailor our action plan for each client, taking into account their specific needs. After gaining a comprehensive understanding of the situation, we define the process and adhere to it meticulously to achieve optimal results.
Harnessing the Potential of Technology
We utilize technology, alternative data sources, and predictive analytics models to comprehend customer behavior and strategically work towards achieving maximum Return on Recovery (RoR).
Communication Channels
We listen to the debtor and develop a strong communication channel with the debtor. No foul or unethical collection methods: Rajpurohit Corporate Services Pvt. Ltd. is the leading business debt collection agency for using ethical methods and strategies for recoveries.
Our Services
Nationwide Coverage
RBI Trained Professionals
Skilled Personnel
Robust Infrastructure
Cutting-edge Technology
Dedicated Field Coordinators
Advanced Tracing Methodologies
Specialized Teams
Compliance and Audit
Digitized Payment System
Multi-mode Calling
Regulatory Compliance
Testimonials
Our Clientele
Security is essential when money is present in the corridor. We adhere to all industry-standard compliance protocols, registrations, and legal procedures.
FAQ
Default occurs when a borrower fails to make timely payments according to a predetermined payment schedule. This could involve missing interest payments or failing to pay both interest and principal amounts. In simpler terms, default refers to when borrowers don’t pay their bills on time.
When a debt is not paid within the stipulated timeline, the lending institution typically initiates the debt collection process.
Furthermore, failure to pay your debt on time may result in various consequences. These could include incurring fines and interest charges, as well as facing additional fees for late payment or non-payment of debt.
Debt collection involves the pursuit of payments owed by individuals or businesses, encompassing overdue installments, penalties, incomplete obligations, or any outstanding charges.
An organization specializing in debt collection is known as a debt collection agency or debt recovery agency. These agencies work as per the process guidelines defined by lending institutions.
Debt collection agencies have the option to contact the borrower through various communication methods or conduct in-person visits as outlined by the lending institutions’ protocols.
If you have a debt with a creditor, you’re accountable for settling it. Nonetheless, there are numerous adverse outcomes associated with failing to repay overdue debts and having them sent to collections.
It’s crucial to verify the individual’s identity and confirm that the lending institution has authorized them to collect payments from you.
When you miss payments on the borrowed amount according to the agreed payment schedule, the default is reported to credit bureaus on a regular basis. Consequently, this default or delayed payment is noted on your credit report.
Lending institutions adhere to regulations set by regulators, thus your account is reported to credit bureaus accordingly. Default progresses through various stages, prompting financial institutions to take appropriate action.
A credit report provides a comprehensive record of your credit activities, detailing information about your loans and credit. These reports are acquired from credit bureaus.
Credit bureaus gather data from your creditors, which may include banks, NBFCs, credit card issuers, auto finance companies, or housing finance companies.
Defaulting on credit card or loan payments will have an adverse effect on your credit score. The longer your payments remain outstanding and the more frequently you miss them, the greater the negative impact on your credit score.
On the other hand, maintaining regular payments and a good credit score will result in a favorable credit report.