About the Module
Perdix offers this module aimed at automating legal & recovery proceedings for long-overdue NPA accounts, including loan settlements.
Perdix offers this module aimed at automating legal & recovery proceedings for long-overdue NPA accounts, including loan settlements.
Legal summary at customer level and loan account level can be accessed at any given point.
Classify and track collection stability such as roll back, roll over and regularised accounts.
Perform bulk actions to update legal notices, loan recall notices, arbitration reference notices, claim petitions, etc.
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.
Upload and archive legal & compliance documents, notices etc.
Maintain branch wise or region wise masters for assigning loan accounts to external advocates and law firms
Track couriers for physical delivery of notices by updating RPAD date, number, and receipts
Schedule alerts through email and SMS notifications to customers and set up warning signals for timely execution of legal actions
Standard reports and dashboards can be generated from system for all stages in the legal & recovery process