How to Convert NPA Account to Normal Account in 5 Simple Steps

Fundsourceindia03 Aug, 2023Finance

NPA Account is a kind of termite in borrowers? business. It never makes a business flourish and hinders its growth in many ways. NPA Borrowers can?t run the current accounts and no bank or NBFC extend any loan facilities to such borrowers. Above all bank?s legal process to recover the outstanding amount like the possession & sale process of collateral takes the borrower?s sleeps away. Every NPA borrower tries to convert NPA account to a normal account. But the question arises how to do this as it seems to be one of the most difficult tasks in the financial market.