About the Module
Perdix offers this module aimed at automating legal & recovery proceedings for long-overdue NPA accounts, including loan settlements.
Salient Features of
Legal Management System
Legal 360
Legal summary at customer level and loan account level can be accessed at any given point.
Collection Stability
Classify and track collection stability such as roll back, roll over and regularised accounts.
Bulk Action
Perform bulk actions to update legal notices, loan recall notices, arbitration reference notices, claim petitions, etc.
Configurability
Configure rules and validations based on parameters for generating eligible loan accounts for legal & recovery process. Also, configure process stages and assign access to users based on role and approval hierarchy.
Document Repository
Upload and archive legal & compliance documents, notices etc.
Masters
Maintain branch wise or region wise masters for assigning loan accounts to external advocates and law firms
Courier Tracking
Track couriers for physical delivery of notices by updating RPAD date, number, and receipts
Notifications
Schedule alerts through email and SMS notifications to customers and set up warning signals for timely execution of legal actions
Reports & Dashboards
Standard reports and dashboards can be generated from system for all stages in the legal & recovery process