Fundsourceindia18 Oct, 2023Finance
We can take over an NPA Account directly from the previous bank and offer a systematic repayment plan in the shape of monthly or quarterly EMIs and also take over the collateral securities directly from the previous bank. The NPA Account takeover facility is the best tool to deal with the NPA account liabilities and legal issues created by the previous bank. In this way, a new loan started that offers features like a moratorium period, monthly EMIs, and grant of additional funds for business working capital.
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