Contact
Get in Touch
Reach out today and let’s start a conversation about your collection needs. Connect with us to discover how our expertise can simplify the process and bring peace of mind to your business.
Phone
+91-9759356304
info@vardaanfinancialservices.com
Address
1st Floor,Shukhpura Beri Bagh, Opp. Bij Godam, Saharanpur – 247001 (U.P)
Head Office- 1st Floor,Shukhpura Beri Bagh, Opp. Bij Godam, Saharanpur – 247001 (U.P)
Debit Recovery
Debit recovery refers to the process of collecting overdue payments from customers or clients who have not paid their outstanding dues on time. It usually starts with reminder notices, emails, or calls, followed by more formal steps like demand letters, late fees, or repayment plans. If these attempts fail, the case may be handed over to collection agencies or legal action may be taken, depending on the amount and terms agreed. Effective debit recovery balances firmness with professionalism, aiming to recover money while maintaining a good relationship with the customer and complying with all legal and regulatory requirements. explaining the outstanding amount, due date, and payment options reduces misunderstandings and disputes. Many organizations offer installment plans or settlements to make repayment easier and increase the chance of successful recovery. Proper documentation of every reminder, call, and agreement is crucial for transparency, internal tracking, and any potential legal proceedings.
Collection
Collection management is the organized process of overseeing and controlling how a business collects payments from its customers. It includes setting clear credit policies, monitoring customer accounts, sending reminders before and after due dates, and following a defined escalation path for overdue invoices. Good collection management uses tools like aging reports, automated reminders, and customer risk profiling to prioritize who to contact first. It aims to keep cash flowing, reduce bad debts, and maintain healthy customer relationships by balancing firmness with flexibility. Effective collection management starts with clear terms of payment communicated at the time of sale, including due dates, penalties, and accepted payment methods. Companies often use a stepwise follow-up process: gentle reminders before due date, firmer notices after, and finally phone calls or formal notices for long-overdue accounts. Automation tools help schedule reminders, track promises to pay, and record every interaction with the customer.
Client
Our clients come from diverse industries but share a common goal: achieving stronger financial control and healthier cash flow.
we are doing debit collection on behalf of Banks, NBFC and other financial entities.
They rely on us to manage their debit recovery and collection processes with professionalism, transparency, and respect. By combining structured procedures with tailored solutions, we help our clients reduce overdue balances, minimize bad debts, and free up internal resources. Many of our clients treat us as a long-term partner, trusting us to safeguard their customer relationships while improving overall payment discipline. They choose us because we offer a balanced approach—firm in recovering dues, yet courteous and compliant with all regulations. By sharing regular reports and insights, we enable our clients to understand their receivables better and make informed decisions. Many of them have seen a significant reduction in overdue accounts and an improvement in their overall cash flow after partnering with us.