OTS Funding is financial support for borrowers who have settled their NPA accounts through One-Time Settlement (OTS) and further require a loan to pay the OTS. It provides funding to pay a partial or full amount of the settled OTS amount.
To avail OTS funding, the borrower should have a valid OTS letter or be in advanced-stage discussions with the bank regarding finalising the OTS (One-Time Settlement). It can be a practical solution for NPA borrowers to close their stressed loans at a reduced price with the benefit of a loan for the same.
So, if you have already taken an OTS from the bank or are planning to settle your loans under the One-Time Settlement (OTS) scheme, we are here to help you with our smart funding solutions to close your OTS within the targeted timeline.
Key Features of OTS Funding:
- Loan available to pay full or partial OTS
- Starts from Rs.one crore to higher amounts required
- Can be used to close multiple OTS
- Available across all major cities of India
- Benefit of direct payment to the bank
- Quick Approval with easy documentation
- Easy onboarding
- Expert guidance at every step
OTS Funding Companies in India
We are one of the premium OTS Funding companies in India. We provide funds for borrowers and companies who have settled their NPA account liability under OTS (One-Time Settlement) and are now looking for funds to fulfil their commitment of OTS.
OTS is one of the best ways to close an NPA account with a reduced amount. It’s a financial legal settlement of unpaid outstanding amounts in an NPA account at a lower amount. It allows borrowers to settle NPA & stressed loans and offers the banker a clean balance sheet without the stress of NPA’s
So, as an OTS Funding company, our main role is to provide funds to close such OTS transactions. We offer funds for full or partial payment of OTS. The borrower will get this funding within the timeline of the OTS letter. We serve PAN India, and the loan amount starts from Rs.1 Crore to any higher amount required to close an OTS.
NPA Settlement Loan
An NPA Settlement Loan is a financing solution designed to help borrowers arrange funds to settle outstanding dues on a Non-Performing Asset (NPA) account. Borrowers may use this funding to meet an agreed One-Time Settlement (OTS) amount with their bank or financial institution, subject to the lender’s approval.
Private financiers, NBFCs, and other eligible lenders may consider such cases based on factors such as collateral value, outstanding liability, repayment capacity, legal status, and the proposed exit strategy. NPA settlement loans can help borrowers address financial stress, resolve outstanding liabilities, and work toward protecting their assets from recovery or auction proceedings.
Loan for Paying OTS
We offer loans for paying the OTS (One-Time Settlement) as well as the full outstanding of an NPA account. These replace the original NPA loan with a scheduled monthly EMI repayment option, so the borrower will get immediate relief from paying the whole outstanding at once.
OTS, or One-Time Settlement, offers relief from paying the huge burden of an NPA loan and legal cases associated with it. OTS offers large NPA amounts to be settled at a lower price. Hence, it offers immediate closure of NPA accounts at a lower value and provides relief from ongoing legal disputes with the bank.
Our loans for paying OTS help such borrowers who have settled their loans under OTS or are planning to settle NPA accounts. But require financial support to close the OTS liability.
Private Funding for OTS
We offer private funding or private loans for OTS. Our private funding solutions are helpful for borrowers who are looking for an alternative source of funds to close OTS.
When a loan becomes NPA or accounts settled under the OTS, does not eligible for standard banking loans. But borrower need to close their bad loan liability at any cost to save their precious properties and revive businesses.
So, we provide private loans for OTS and closing other stressed loans. In general, our private lending is available throughout India and offers financial support for OTS, One-Time Settlement, Stressed accounts, and SMA1 &2 loan accounts.