Helping Banks and Other Financial Institutions With Fast-Paced Vehicle Loan Recovery Services
Highly experienced and trained repossession team
Result-oriented process for skip identification
Maximum efficiency through process automation
20+ Yrs of Experience
Highly experienced and trained
Process for skip identification
Through process automation
Success rate of 85%!
We do quality audits for all of our services to deliver seamless experience to all of our clients. We are accredited by major bodies that commends and recommends our services.
We recognise that every defaulter is different and that’s why we strategize for each and every case based on the background and reaction of the defaulter. We reposess and enforce for all the major Banks and Financial Institutions.
Our clients have a dedicated account manager and recovery agent who perform the requisite task as soon as possible keeping in mind all the precautions.
We offer complete vehicle repossession solutions for lenders across the country. We have a team of experienced professionals that specialize in vehicle repossession, so you can rest assured that your vehicle will be recovered quickly and efficiently. We understand the repossession process can be stressful, so we work closely with you to tailor a recovery plan that meets your specific needs. We offer a wide range of services, from skip tracing and vehicle location to vehicle retrieval and storage. We also offer post-recovery services to help you get your vehicle back on the road as soon as possible. Contact us today to learn more about our complete vehicle repossession solutions.
Vehicle repossession is the legal process of taking back ownership of a vehicle from a borrower who has failed to make payments. In India, vehicle repossession is a complex and often lengthy process. Thankfully, there are leading vehicle repossession experts who can help borrowers navigate the process and ensure that their rights are protected. These experts have extensive experience in vehicle repossession law and know how to work with lenders and borrowers to reach a fair resolution. They can also help borrowers understand their options and make sure that they are getting the best possible outcome. If you’re facing vehicle repossession in India, working with a leading expert can make all the difference. Contact us today to learn more about our services.
Are you finding complexities in getting payment on vehicle loan EMIs from borrowers? Tired of sending dunning letters and reminder calls? No worries! We are here to offer a comprehensive vehicle loan recovery solution to help banks focus on its core business activities and never worry about liquidity crisis.
Whenever you outsource your vehicle loan recovery to Kenstone Capital, we take utmost care in handling your customer to find a win-win deal. As a leading vehicle seizing agency, we strive hard to uphold the relationship between you and your customer. Furthermore, we can maximize collection efforts to maintain healthy liquidity.
We at Kenstone Capital, we understand that vehicle repossession can be a difficult and stressful process. We approach each case with compassion and understanding, working with our customers to find the best possible solution. We know that repossession can have a major impact on your life, so we work hard to make the process as smooth and stress-free as possible. We are always available to answer any questions you may have, and we will do everything we can to help you through this difficult time. Thank you for choosing Kenstone Capital.
A vehicle repossession is the legal process of seizeing a vehicle from its owner. The most common reason for repossession is the vehicle owner’s failure to keep up with their car payments. Once a vehicle has been repossessed, it is usually sold at auction to the highest bidder.
Automated tools can be extremely helpful in maximizing the chances of successfully repossessing a vehicle. For example, We use process automation to expadite the process of repossession for vehicles that are behind on their payments. GPS tracking devices can then be used to track the vehicle’s location so that it can be quickly seized when the opportunity arises. In many cases, these automated tools can make the in successful repossession.
At Kenstone Capital, We have a dedicated team of vehicle loan recovery experts who specialize in various services. Right from tracing the vehicles to seizing the vehicles, our professionals guide you entirely until the loan is recovered. Our other benefits include:
Are your assets suffering because of defaults?
At Kenstone Capital, our b2b debt recovery process includes combination of letters, e-mails and telephone calls made in the local language of the debtors. The exact sequence of our letters and calls will be based on the value of the debt, the response of the debtor, and in compliance with the law. Initially, a reminder letter is sent to the debtor within 48 hours of receipt of the case, with a follow-up call usually made between 1 to 10 days after the first confirmation has been sent. If there is no positive response from the debtor, then between 2 to 3 reminder letters are sent and further calls are made to the debtor at various intervals depending on the region. If we are not successful in collecting your debt during this phase then we will provide you with our recommendations for next steps, such as legal action, including the estimated costs and timescales.
We try to reach the debtor through email, phone calls and sometimes even by fax, depending on the available information. We also attempt to identify additional information and trace the debtor in order to get in contact. In some cases, our agents may be used to trace or visit the debtor’s business premises.
When it comes to collecting late debts, we do consider old invoices, but in general, the older the particular case, the lower the probability of full collection. If the oldest invoice is due for more than 180 days, an extra 2% fee will be paid on top of the standard commission rate after a successful recovery.
Our debt collection agency specializes in recovering a wide range of debts, including commercial debts between businesses, unpaid invoices, overdue payments from individuals, and more. We have extensive experience in both B2B and B2C debt collection scenarios.
We adhere strictly to fair debt collection practices as mandated by local and international regulations. Our team is trained regularly on compliance issues, and we prioritize ethical conduct throughout the debt recovery process. We aim to maintain professionalism while effectively recovering debts on behalf of our clients.
Our debt collection process typically begins with respectful communication with the debtor to understand their situation. Depending on the circumstances, we may employ negotiation, mediation, or legal action as necessary. We utilize advanced technology and skip tracing techniques to locate debtors and facilitate prompt payment.
The duration of the debt collection process varies depending on factors such as the amount owed, the cooperation of the debtor, and the complexity of the case. In some cases, debts can be recovered swiftly through amicable negotiation, while others may require legal proceedings, which can extend the timeline.
To initiate debt collection services, we typically require basic information about the debtor (name, contact details, outstanding amount, etc.) and any relevant documentation such as invoices, contracts, and communication records. This helps us effectively trace and pursue the debt.
We handle disputes or complaints from debtors with professionalism and transparency. We encourage debtors to communicate any concerns they may have, and we strive to find mutually agreeable solutions whenever possible. Our goal is to resolve issues amicably while still advocating for our client’s interests.
Our fees are typically contingency-based, meaning we only charge a percentage of the amount successfully recovered. There are no upfront costs to our clients, and our fee structure is discussed transparently before we begin working on a case. We believe in aligning our interests with our clients’ success.
Yes, we have experience and capabilities in handling international debt collection cases. We work with a network of trusted partners and utilize international legal frameworks to pursue debts owed across borders. Our goal is to provide seamless debt recovery solutions regardless of the debtor’s location.
Hiring a debt collection agency like ours can benefit your business by freeing up your internal resources, improving cash flow, and reducing the burden of chasing overdue payments. We bring expertise and efficiency to the debt recovery process, allowing you to focus on your core business activities.
Our debt recovery services distinguishes itself through our commitment to personalized service, ethical practices, and a proven track record of successful debt recoveries. We prioritize maintaining positive business relationships while achieving results for our clients. Our team’s dedication and expertise ensure that we deliver effective solutions tailored to meet your specific needs.
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