Digitalising Bank’s
Non Performing Asset Recovery Process

The digital tool for the recovery of stressed assets will provide an end to end digital solution. It will enable easy and faster processing, real time information and immediate decision making in the recovery area.

• Track Loan accounts slipped in NPA
• Auto enables users to take Next appropriate action
• Auto generation of Recall Notice (based on pre-defined template)
• Auto identification & initiation of SARFAESI & Non-SARFAESI actions
• Generation of SARFAESI proposal
• Generation of Demand Notice
• Preparation of Symbolic possession Notice
• Updating the Caveat details & Caveat result
• Updation of Valuation of property/assets
• Updation of Reserve price
• Sale Auction Notice generation
• Sale confirmation and Further recovery action
• Suit Module