About Us
Octice Business Services (OBS) is a full service Debt Recovery Agency (DRA) which endeavors
to bring transparency in the field of debt recovery of financial institutions. The mounting
NPAs of the financial institutions have made it mandatory that, they
offset the same for their financial health. They partner with Debt Recovery Agencies to
smoothen their process to recover the amounts due. Debt Recovery Agencies are of different
hues in the financial market. They are sometimes
termed as the villains in the recovery process and at times blamed for instituting dubious
methods. But at OBS,
We also we have a diversified portfolio for sale of attached properties of financial
institutions, assisting in auction sale of movable and immovable properties, KYC
verification, security services etc. OBS depends a lot our technology and Internet of
Things (IoT). It believes that the future lies in integration of technology with day to
day affairs of the company. Digitization brings a more comprehensive environment in
managing the company. The accountability factor
and shouldering of responsibilities by the work force can be streamlined by the advent
of technology. OBS has to its credit, development of two computer applications for
digital KYC verification as well as for sale
facilitation of attached NPAs. It is our endavour to be the best in what we do and to
bring more transparency in the area of DRA. We have received encomiums from the
institutions we have worked with, for adhering to
the best industry standards in our processes. We look forward for a fruitful association
with your organisation and ensure a successful journey in the days to come.
Keeping you financially safe and healthy , always...!
We also we have a diversified portfolio for sale of attached properties of financial
institutions, assisting in auction sale of movable and immovable properties, KYC
verification, security services etc. OBS depends a lot our technology and Internet of
Things (IoT). It believes that the future lies in integration of technology with day to
day affairs of the company. Digitization brings a more comprehensive environment in
managing the company. The accountability factor
and shouldering of responsibilities by the work force can be streamlined by the advent
of technology. OBS has to its credit, development of two computer applications for
digital KYC verification as well as for sale
facilitation of attached NPAs. It is our endavour to be the best in what we do and to
bring more transparency in the area of DRA. We have received encomiums from the
institutions we have worked with, for adhering to
the best industry standards in our processes. We look forward for a fruitful association
with your organisation and ensure a successful journey in the days to come.
200
Branches
300
Banks
2000
Finished Projects
2500
Data Verification
Our History
OBS is the story of utelising the synergy of the amalgamation of different entities
working in the field of debt management and channelising the same in a streamlined
manner. Even though OBS was registered as a private limited company in the year
2017, the promotors of the company was in the field of debt restructuring and debt
management from 2014 onwards. They decided to put their expertise together and form
a full service debt management company. To be big and visible is the mantra in any
business. We are empanelled in almost all PSU and private banks, NBFCs, Co-operative
societies, government owned financial institutions, chits fund companies etc. the
client base is the result of years of focused hard work without a single complaint
being raised from the part of the institutions.
We are the trusted intermediaries between the financial institutions and their
customers at times of crisis in debt management. It is also our endeavor to get the
best out of the negotiations for either parties and arrive at an amicable settlement
in the negotiations. The journey of a couple of years will continue to blossom into
the future with the words transparency and trust etched in our ethos. Welcome, to do
business with OBS.
Our Administration
One of the problems forced by a financial institution, is to secure the immovable
property attached for sale. It happens many a times that, the attached property is
vandalized by miscreants, burgled by anti social elements and defaced by interested
parties.
By doing so, the value of the attached property diminishes considerably and will not
fetch a desired return at the time of sale. OBS provides a professional force of
manpower, for the purpose of securing the assets
of the financial institutions. We have on our rolls people who have retired from the
armed forces who also supervise the whole operation. If the financial institution so
wishes, we also provide security cameras
and sensors, by which the asset is digitally protected and the movements recorded
from time to time. We also have unmanned security options, with digital surveillance
recording any developments in the secured asset.
Testimonials
Here's what our customers are saying.
