“Jammu and Kashmir Bank Introduces Special One Time Settlement Scheme for NPAs/RLAS”
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ELIGIBILITY
Accounts classified as Doubtful-1, Doubtful- II, Doubtful-III & Loss/RLAs with Principal NPA/RLA outstanding balance upto Rs.50.00 lacs as on 31.03.2023.
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Cases out of the above which are pending before Courts/Lok Adakat/DRTs and where Bank has issued notices under various sections of SARFAESI Act-2002.
INCENTIVE.
- 5% of OTS Amount on Payment within One month.
- 3% of OTS Amount on Payment within Two months.
For assistance, call 1800 890 2122.
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