NPA Loan

NPA Loan

What is NPA Loan?

NPA Loan is a financial assistance to a NPA account borrower to close their previous NPA account liability which helps the borrower to come out of stressful legal situations created by the bank to recover their loan. This new loan can be paid directly to the previous bank to close the NPA account liability and take over all existing securities and collateral. 

NPA Loans are helpful in:

  • To close previous NPA Account liability
  • To come out of all legal litigations with the previous bank
  • To save the previous property from auction and other legal actions taken by the bank to recover their loan
  • A new repayment plan is offered to the borrower for smooth collection of this new loan
  • In some particular cases, additional funds are also provided for working capital requirement
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Under the NPA Loan, We Provide following major Services:

1. Loan for NPA Accounts

We offer loans for the NPA accounts to close their NPA account liability, come out of financial stress, and restart the financial journey. This helps the borrower to deal with the NPA issues like legal litigations, secure their properties & business revival. We offer the following loans to NPA borrowers:

  1. Loan to close total NPA account liability
  2. Loan to fulfill OTS (One-time settlement)
  3. Part payment loans to complete an OTS transaction
  4. Post-NPA closure loans to revive the business
  5. Working capital loans for businesses at high risk of NPA

2. NPA Loan Takeover

We take over or transfer the NPA account of the borrower from the previous banker and offer a fresh loan with a new repayment schedule through the monthly EMIs. This new loan can be given on the properties in the previous NPA account that come directly to us as part of the loan takeover.

3. NPA Funding

NPA Funding refers to the financial support provided to businesses or individuals whose loan accounts have been classified as Non-Performing Assets by banks or financial institutions. An account is termed NPA when the borrower fails to make interest or principal repayments for a period of 90 days or more.

This specialized funding is usually provided by NBFCs (Non-Banking Financial Companies), or private financiers, helping borrowers to either:

  • Regularize their defaulted loan accounts,
  • Settle their dues through One-Time Settlement (OTS), or
  • Refinance the project or business under a new structured plan.

 

NPA Funding is ideal for:

  • Builders and developers with stuck or stalled projects.
  • Businesses unable to repay existing bank loans.
  • Companies under legal pressure (SARFAESI, DRT, etc.).
  • Borrowers negotiating a One-Time Settlement with banks.
  • Enterprises looking to avoid asset auctions or recovery action.

Benefits of NPA Loan

  1. Freedom from NPA Status: Client gets the immediate relief from the NPA status & financial issues associated with it like he can be eligible for standard banking facilities of fund base and non-fund base.
  2. Get Freedom from legal Litigations: One of the greatest benefits of this loan is providing freedom from legal litigations with the previous bank which requires a lot of time & money to handle and provides a mental relief to focus on their business.
  3. Get working Capital for Business: After the this new loan client can raise a working capital loan from other financial institutions to fulfill fund requirements to expand their business.
  4. Save the Precious Property: This new loan saves the borrowers precious house properties which are nestle of the beloved family & factory properties which are the source of income, from banking possession & auction processes.
  5. Better Cash Flow Utilization : After relief from NPA, a borrower can manage and utilize their cash flows as their requirement which was earlier utilized in paying bank unwanted interest & penalties.

Key Features

  1. Repayment Tenor: This loan facility usually offers a repayment tenor of 5-7 years so the client can manage their finances in a better way.
  2. Moratorium Period: A moratorium period is provided to give some breathing time for managing to client.
  3. Multiple Repayment Method: A multiple repayment method is offered in the form of EMIs, a ballooning method, or even a bullet payment in some particular cases. 
  4. Working Capital: In some particular cases, additional working capital is provided to meet the business expansion plans of the borrowers.
  5. OTS and Non-OTS Transactions: This loan facility can be used both the way to close the total loan outstanding and to pay the account which is settled under OTS(One-Time Settlement).
  6. All India Availability: This loan facility can be availed in any part of India and the loan range starts from Rs.2 crores to any amount.

Terms & Conditions

  • NPA Loan starts from Fifty lakhs to any amount
  • Loan available in all major cities of India
  • Available for OTS Finance or Non-OTS Transaction
  • Can be utilized to pay partial to full NPA outstanding

How Our Services Work?

We make it easy and quick:

  1. Talk to us with your Loan information.
  2. Our experts figure out what you need and recommend solutions.
  3. We provide a financing solution  that matches your current financial situation.
  4. Send your request and documents.
  5. Our team analyze and gives you the final sanction.
  6. You will get the disbursal as per agreed timeline

Client Testimonials

“One of the best NPA Loan Companies in India. Their Prompt services provide us a remarkable financial assistance.” –Sushil Bhalerao

Ready to Take the First Step?

Don’t let financial burdens hold you back. Contact us today to schedule a consultation and take the first step towards a debt-free future.

Reach out to Vineet Kumar, our Financial Expert, at +91 9810218215 or vineet@fundsource.in. Connect with Vineet on LinkedIn to stay updated with expert insights.

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