Compliance as per

SARFAESI Act & RBI guidelines

Compliance as per

SARFAESI Act & RBI guidelinesLegal & Recovery

A�Rule�and�Role�based�System�to�manage�the�default�loan�cycle

Supports Co-operative bank

and Commercial bank

Supports Co-operative bank

and Commercial bank

Seamless integration with

core banking systems

Seamless integration with

core banking systems

Complete Solution for

Non-performing asset Management

Complete Solution for

Non-performing asset Management

Built-in�standard�work�flows�ensuring�the�compliance

Features�to�protect�data�&�comply�with�the�information�security�standards

Inbuilt�Document�Management�Systems

Activity�Based�Dashboard

info@itshastra.com www.rxofficenpa.com

®RxOfce Legal & Recovery Management Solution, helps Banks and Financial institutions to

track the loan defaults cycle efciently.It covers the self-explanatory workow from Initiation of

Defaults, Securitization, MCS101, MCS91, Section14,Arbitration to 138 (Cheque Bounce).

The product has built in work ows, which help in Tracking, Managing NPA by planning

appropriate action as per guidelines of Reserve Bank of India (RBI). Timely reporting will help

the bank to take appropriate action and in turn reduce the NPA.

RxOfceLegal & Recovery

RxOfceLegal & Recovery

ReportingReporting Action

Markingand

Identication

Markingand

Identication

Action

RegulatoryFrameworkRegulatoryFramework

ComplianceFrameworkComplianceFramework

Trackingand

Monitoring

Trackingand

Monitoring

Congurable Workow | Regulatory Compliance | Tracking | ReportingLegal & Recovery

Functional Bene�ts Cost Bene�ts

Comprehensive Application tracking the

assets at every stage from the time the account

has defaulted.

Top down and Bottom up approach to manage

the Non-Performing Assets

Pro-active decision & Preventive measures

are designed to give initial warnings to avoid

the asset from becoming NPA.

Complete tracking of all the activity during

recovery period helps in taking fast decision

Seamless integration with Core Banking

application ensures data integrity and avoid

manual intervention.

Improved Efciency and increased Productivity

helps the management to track the default

accounts more accurate with less number of

man hours.

Helps the bank to reduce the cost of recovery

and manage more efciently.

With adequate monitoring and preventive

management the system reduces the default

account turning into NPA, which has a direct

impact on the protability of the bank.

Mumbai Unit 207 - 208, Sec 3, Bldg 6, Millenium Business Park, Mahape, Navi Mumbai - 400 701, INDIAPhone : +91-022-27781074

Website :www.rxofficenpa.com

www.itshastra.com

Email :info@itshastra.com

RxOf�ce Legal & Recovery Product FeaturesThe Special Batch Collection Module ensures that defaults are systematically handled from central facility

Automatic Template based Notice generation during various workow and multi-language support

Rich workow for managing Tendering, Bidding , Comparing and valuation

Seamless Integration with most of the CBS. Provision to Add / Edit data received from CBS, ensuring

missed data can be entered eg. Assets, Collaterals

Documents upload facility at loan level help in easy tracking

View complete Loan Information on Single Page. Information exportable in xls, csv and PDF formats

Flexible and Speedy Workow conguration settings

Rule based Work Allocation by Round Robin, Region, State and Branch level

Secured messaging with Data Security and Condentiality

The ‘Legal Activities’ allow tracking legal proceedings at all stage

Tracking of objections and feedback from the Borrower and Bank

Timely Completion of milestones with appropriate alerts

Customizable reports including those mandated by RBI

IT Shastra India Pvt. Ltd.

Mumbai Unit 106, Sec 1, Bldg 2, Millenium Business Park, Mahape, Navi Mumbai - 400 701, INDIA Phone : +91-022-27781021

Pune"Dattai", Plot No. 156, Bhusari Colony, Near Kothrud Bus Depot, Paud Road, Kothrud, Pune - 411 030, INDIAPhone : +91-020-25280213