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Frequently Asked Questions (FAQs) – Finsaga Pvt Ltd

We are here to answer any question you may have.

What services does Finsaga Pvt Ltd offer?

Finsaga Pvt Ltd provides a comprehensive range of financial services, including recovery solutions, asset management, auctioneering, legal support under SARFAESI Act, and more. We specialize in assisting financial institutions, banks, and businesses in recovering debts and managing distressed assets.

How does Finsaga Pvt Ltd assist in debt recovery?

As recovery agents, we work closely with banks and financial institutions to recover debts across various loan portfolios, such as credit cards, auto loans, mortgages, and more. Our services include tracing defaulting customers, offering debt repayment plans, and maintaining detailed records of communication and payments.

What is the scope of Finsaga's services under the SARFAESI Act?

Finsaga excels in SARFAESI Act procedures, including pre-takeover examinations, drafting and servicing legal notices, obtaining District Magistrate orders, physical and symbolic possession of secured assets, valuation, auction assistance, and handling legal hurdles for our clients.

How Finsaga assist in asset auctioning and management?

Finsaga facilitates the auction and sale of secured assets through a well-organized process. We have a vast database of potential buyers, conduct proper valuation of assets, fix reserve prices, and assist in negotiations with borrowers for settlement of bank dues.

Is Finsaga Pvt Ltd only associated with banks?

No, Finsaga extends its services beyond banks and financial institutions. We assist any business or service where customers are required to make payments for goods or services received and have defaulted, such as hospitals, retail stores, utility companies, etc.

How extensive is Finsaga's geographic presence?

Finsaga operates across 7+ states in India, including Delhi/NCR, Punjab, Haryana, Chandigarh, Himachal Pradesh, and more. Our regional offices and branches are strategically positioned to cater to diverse client needs.

Does Finsaga provide legal support for SARFAESI Act procedures?

Yes, Finsaga has a dedicated legal team comprising advocates located across PAN India. They specialize in obtaining District Magistrate orders, handling possession cases, and providing legal opinions in critical matters related to SARFAESI Act.

Can individuals or businesses seek Finsaga's assistance for debt recovery?

Yes, Finsaga assists not only financial institutions but also businesses and services facing challenges with debt recovery. Our expertise extends to various sectors where payments are outstanding for goods or services.

How does Finsaga ensure transparency in its operations?

Transparency is a core value at Finsaga. We conduct our operations with the highest standards of integrity, ensuring openness in every interaction, transaction, and solution provided to our clients.

How can I engage Finsaga Pvt Ltd for its services?

If you are interested in availing Finsaga's services, whether for debt recovery, asset management, or legal support, you can contact our team through our website or get in touch with our regional offices. We are here to assist you with tailored financial solutions.

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