Proactively monitor potential NPAs and reduce risk during the repayment period.
Our Credit Monitoring & NPA Management system is an intuitive application that is integrated with our
Loan Origination Solution & Loan Management Solution ensuring seamless interaction within systems.
Our Credit Monitoring System allows you to keep track of periodic payment of interest and other key considerations during the repayment period.
An integrated system that is automatically activated from the commencement date of loan
repayment period from any Loan Origination
Allows prediction of NPA and provides alerts through role-based, branch-specific and region-specific notifications
Ensure accuracy and total system coverage when there is an impact.
Our NPA Management helps monitor, analyze and
plot a course of action for accounts classified as
Non-Performing Assets (NPA).
Assists lenders in sending legal notices to
Enables lenders to maintain legal documentation
and case history details within the system for any
ongoing or previous law suit.
Personalize your business rules and
monitor accounts based on predefined
Ability to integrate with all LENDperfect solutions and also interface with any existing Loan Origination or Loan Management System
The solution assists you in effectuating the following operational instances –
Creating ‘compromise proposals’
Pursuing legal action in regulation with the SARFAESI Act
Filing of law suit by cumulating the right reports and commencing the process
Creating of Status Notes on NPA accounts
Generating RBI specific reports consolidating journal entries based on your preferences
Why Credit Monitoring & NPA Management?
The increase in NPAs (within the banking sector) has been the highest in Q1 FY18 witnessing an increase of
about 16.6 per cent to reach ₹8,29,338 crore as of June 2017. Experts predict NPAs to reach an alltime high of
20% if banks fail to find a solution to mitigate this detrimental trend.
Talk to us today and find our how SysArc can help your mitigate potential NPAs.
Source: The Hindu Business Line