Our #CCMS product tracks the status of cases initiated against loan defaulters to Banks and Non-banking organizations. The applicant Banking or Non-banking organization, in the event of non-recovery of loans extended to Individuals or Institutions seeks help for recovery of their loan amounts from the defaulters. The software manages the complete workflow from the time the loan-organization files their application to its dissipation.
The software issues defaulter lists and generates reminders and alerts for recovery, in case of defaults from the scheduled recovery dates.
The software comprises the following modules/processes...
Reminder notice of U/S notice generated
Setting of Loan recovery instalment pattern
Provision for full recovery and one-time settlement
Provision for dropping of case by the District Certificate Officer
Automatic generation of Reminder notices for the defaulters
Issue of Coorke or Sale of asset notice
The reports are...
Monthly summary statement of fund for the sub-division
Monthly summary statement of fund for the district