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Area Recovery Manager- raipur
by :  AAA Capital Services Pvt Ltd
Category : 
Location :                  Experience :  1-4   Month
Salary :  Minimum - 125,000.00, Maximum - 250,000.00 INR - -


Job Description


1.   Liaison with Banks and NBFCs for empanelment of the Company with them, allotment of Cases, collection of information and case documents.

2.   Liaison with Head office for preparation of documentation in the cases allotted.

3.    Field work including visiting the borrowers for identification of property, inspection of the mortgaged assets, properties and giving on report on the property; service of notice to borrower, taking symbolic and physical possession of the assets.

4.   Co-ordination with advocate of the company or local advocate for follow-up of applications filed with District Magistrate / Metropolitan Magistrate.

5.   Co-ordination with local police station for allocation of police force for taking physical possession of mortgage properties.

6.     Supervision of security guards employed by company on properties under physical possession.

7.   Regular meetings with concerned Bank officials for reporting, complaint redressal, updation on status of cases allotted by bank, obtaining signatures on documents, marketing for new cases etc.

8.    To make efforts for sale of property, meeting property dealers, looking for potential customers for property.

9.     To conduct auction of properties.

10.  Submission of bills for our services to Bank and follow-up for payments from Bank

KeySkills  :   loan recovery, sarfaesi act, debt collection, credit recovery, HOME LOAN, personal loan, vehicle loan, morgage, bank collection, recovery, bank recovery, insurance recovery , financial recovery

Desired Candidate Profile
(UG - Any Graduate - Any Specialization) OR (PG - Any PG Course - Any Specialization)

Company Profile
AAA Capital Services Pvt Ltd



  1. The Company is a professionally managed company working as the Enforcement Agents / Resolution Agents, under SARFAESI ACT.
  2. The Company work for all the Nationalized Banks (PSU Banks), some private banks and some Regional Rural (Gramin) Banks. 
  3. The Company is a leading company in India into this business i.e. recovery of bank dues after selling properties and assets mortgaged with banks.
  4. The Company is working in this field since 2003 are having huge experience of 12 years in the field of recovery of bank dues through SARFAESI Act i.e. by way of taking over the possession of mortgaged assets and sale thereof.
  5. The Company is presently operating in 17 states of India, i.e. Delhi/ NCR, Punjab, Haryana, Chandigarh, Himachal Pradesh, Uttarakhand, Uttar Pradesh, Rajasthan, Bihar, Jharkhand, West Bengal, Odisha, Maharashtra, Madhya Pradesh, Chhattishgarh, Gujrat& Assam.
  6. The Company is engaged in recovery of secured loans and we are not engaged in the recovery of personal loans, credit cards dues, etc.
  7. The Company is NOT a Collection Agency and debt recoveryis done through a LEGAL PROCESS as laid out under the Sarfaesi Act.  All the work is done on behalf of the bank and under the signature of the bank official. No documents are signed by us for submission to any office.
  8. The Company is equipped with complete infrastructure including Advocate on panel, arrangement for Security Guards, large data bank for prospective buyer/investors, and arrangement / tie-up with major property portals & real estate agents for sale of mortgaged property.
  9. The Company has a staff strength of more than 175 spread over 17 states

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