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Legal Trainee @ IIFL Home Finance

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 Legal Trainee

Job Description

Role & responsibilities

We are looking for a proactive and detail-oriented legal intern to join our SARFAESI

(Securitisation and Reconstruction of Financial Assets and Enforcement of Security

Interest Act, 2002) team in the Legal Department. This internship offers an excellent

opportunity for law students to gain hands-on experience in the enforcement

processes under SARFAESI, specific to the housing finance sector.


Key Responsibilities

Assist in drafting and reviewing notices and legal documents under the

SARFAESI Act, including 13(2) and 13(4) notices.

Conduct legal research on SARFAESI-related issues, case laws, and

RBI/Housing Finance regulations.

Help maintain and update case trackers, documentation records, and

enforcement progress.

Observe and participate in enforcement proceedings, such as possession

notices and auctions.

Liaise with internal business teams to ensure legal compliance and timely

enforcement actions.


Learning Opportunities

End-to-end exposure to SARFAESI enforcement workflow in the housing

finance domain.

Practical understanding of legal remedies available to secured creditors.

Drafting and compliance processes associated with non-performing assets

(NPAs).

Interaction with senior legal professionals, external counsel, and field officers.

Real-time learning on recovery strategy, legal risk mitigation, and regulatory

norms.


Requirements

Final year law students.

Strong interest in banking & finance laws, recovery laws, and enforcement

processes.

Good legal research and drafting skills.

Working knowledge of MS Office (especially Word and Excel).

Ability to maintain confidentiality and handle sensitive legal information.


Preferred Qualifications

Prior internship or coursework related to SARFAESI, DRT, or recovery laws is

a plus.

Familiarity with housing finance/NBFC sector will be an added advantage.


Job Classification

Industry: NBFC (Micro Finance)
Functional Area / Department: Legal & Regulatory
Role Category: Legal Operations
Role: Legal Operations - Other
Employement Type: Internship

Contact Details:

Company: IIFL Home Finance
Location(s): Noida, Gurugram

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Keyskills:   legal internship intern Law sarfaesi

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IIFL Home Finance

IIFL Home Finance Limited is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on.IIFL Home Finance is a 100% subsidiary of IIFL Finance Limited - one of the leading players in India...