Debt Collections Handbook India 2021

Debt Collection Reports

  • India
  • Agriculture,
  • Automotive/Transport,
  • Chemicals/Pharma,
  • Construction,
  • Consumer Durables,
  • Electronics/ICT,
  • Financial Services,
  • Food,
  • General economic,
  • Machines/Engineering,
  • Metals,
  • Paper,
  • Services,
  • Steel,
  • Textiles

11th October 2021

Having drawn from the expertise of Atradius Collections' local offices, the International Debt Collections Handbook explains the different regulations and procedures for debt collections in India.

Amicable collections

General information



Handbook Report Page - Amicable Phase



Atradius Collections has been actively involved in amicable debt collections for the last 20 years. We now have a local team to collect in India. We follow proven principles of negotiations. By keeping in close contact with debtors, we are able to evaluate genuine cash flow problems and stalling excuses for non-payment. Field visits and face-to-face meetings with the debtors are an integral part of our collection initiatives.

Debt collection costs

It is not customary for debtors in India to pay collection costs, especially in recoveries in the amicable phase. Thus, in pre-legal recoveries, collection costs are not payable by the debtors. However, while passing a judgment, Indian courts may order the debtor to reimburse the legal or collection costs to the creditor.

The Debt Collections Handbook presents a snapshot of India's economic situation and covers the following topics:

  • Types of companies
  • Accepted and most common payment methods
  • Safeguarding measures
  • Retention of title
  • Insolvency proceedings

To read more about steps and procedures undertaken in debt collections in India and other countries: