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LENDperfect NPA & Credit Monitoring

Let us help you mitigate your potential NPAs

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NPA and Credit Monitoring

Are you looking for a reliable solution that is fully compliant with RBI norms focusing on asset turnaround? Our NPA Management System can be the best solution you are searching for!

Our system can help MONITOR, ANALYZE and PLOT a course of action for accounts classified as Non-Performing Assets (NPA). Proactively monitor credit & potential NPAs and reduce risk during the repayment period.

 

Key Features: NPA

Creates Status Notes on NPA accounts

Prudential write­-offs are available

Personalize business rules and monitor accounts based on pre-defined parameters.

Assists the bank to initiate legal action of recovering NPA with SARFAESI Act

Track expenses incurred on each account during the course of any legal action

Automatic reminders for sending legal notices to NPA customers.

Generates OTS (One - Time Settlement) score card automatically.

Key Features: Monitoring

Automatically activated from the loan commencement date

Predicts potential NPAs and provides alerts through branch & region-specific notifications

Generates RBI specific reports consolidated journal entries based on preferences

Ensures accuracy and total system coverage in case of any crisis

Benefits

Tracks & Follow-up accounts based on various criteria

Reduces risk exposure

Easy and efficient NPA mitigation/ recovery system

Offers provision to design customisable business rules

Testimonials

t1

Gone live with the Retail module in just 15 days. Over 90% of all Housing, Vehicle, personal and educational loan applications are processed through LAPS

Vijaya Bank
Vijaya Bank

t2

LENDperfect is the most appropriate automated solution that fulfills all the lending needs of our institution.

Syndicate Bank
Syndicate Bank

T3

Strict adherence of Loan Assets monitoring with LAPS Credit Monitoring Module results in a substantial reduction in non-performing assets.

Bank of India
Bank of India

t5

Over 96% of all Retail, Micro, Small, Medium & Enterprise loan applications are processed through LAPS.

Union Bank
Union Bank of India

t6

LAPS reduced the first time Home Buyer Grant processing from several weeks to few hours. Thanks to LAPS, we have complete control over the grant program that spans across a network of 800 commercial banks.

FHLB Atlanta
FHL Bank
.

Case Study

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