FinLegal
Lending Recovery Solution
This Legal Recovery solution addresses the tracking of Non-Performing Assets (NPA) effectively.
It is a web-based automated module that is workflow-oriented & emphasizes on proactive loan account monitoring & follow-ups issuing timely alerts.
Optimize your debt recovery with our tailored solution while streamlining processes, boosting collections & regaining control over delinquent accounts. From case management and documentation to automated workflows and real-time reporting, our solution empowers banks to navigate the legal recovery landscape with confidence and achieve optimal results.
Features
Default alerts
generation
Early payment alerts
Alerts on default of Installments
Managing Customer Communications
Monitoring commitments
Issuing notices and maintaining service records
Increase Debt Recovery Success Rate
Recovering unpaid loans/non-performing assets can be a daunting task, but with our legal recovery solution, it doesn’t have to be. Our solution is designed to help banks & NBFCs efficiently manage and recover outstanding loans, while minimizing risks and costs associated with the legal recovery process.
