DEBT RECOVERY
Reduce your loss and provisioning with settlement and built-in compliance for field reposession for both movable and immovable assets.
Recovering debts, restoring confidence
Experience the efficiency and precision of mCollect platform in streamlining your entire debt recovery journey . Our solution provides an end-to-end workflow with a configurable approval rules engine that can be adapted to suit matrix hierarchy structures across both internal teams and third-party agencies. With our settlement and repossession software, we address and streamline critical areas of manual and unregulated processes.
Embrace The Future With The Power Of Cutting-Edge Features
Streamline Your Debt Recovery Journey
Harness the cutting-edge power of mCollect and revel in the transformation of your entire debt recovery process. Meticulously engineered to deliver precision and superior efficiency, our platform encompasses an end-to-end workflow designed for unprecedented automation and customization. The heart of our solution, a configurable approval rules engine, is intrinsically adaptable and caters seamlessly to matrix hierarchy structures across internal teams and third-party agencies alike.
No longer will your debt recovery process be hampered by manual dependencies and disorganized, unregulated procedures. The inclusion of our robust settlement and repossession software intelligently addresses critical areas, transforming them into well-oiled, systematically regulated operations. This is the future of debt recovery - a future where complex, manual procedures are replaced with streamlined, automated processes that reduce error, increase efficiency, and maximize the return on your collection efforts.
Step into the future of debt recovery with mCollect. Witness firsthand how the right technology can revolutionize your operations, increase productivity, and position your organization to excel in an increasingly competitive and digitized landscape.
Settlement Process Of
Debt Recovery
Initiation
Field executive/ Collection manager initiates settlement request
Approval
- Configurable Rule based approval
- Approval based on hierarchy / committee / matrix
Workflow
- Automated workflow based on waiver amount / percentage & product type
- Request for settlement of customer accounts
- Request for Penal waivers
- Settlement Letter Generation and Consumer’s acknowledgment
- Payment Collection
- e-OTS
Asset Repossession Process Of Debt Recovery
- e-2-e process automation from bank to Yard
- Digital Repo kit faster & efficient way of Documentation
- Repo Agency real time collaboration
- Yard Management maker & checker validation
- Valuation central automated process
- Auction Create case pool for auction portals
- Bid Evaluation approval and reconciliation
- Release and surrender process workflow
Case Studies
Spandana deploys Mobicule’s NetraScan to Secure over One Crore Customer KYCs in Rural India
Mobicule Technologies, a leading digital AI based customer onboarding, has partnered with Spandana Sphoorty Financial to enhance customer acquisition and document processing.
Spandana deploys Mobicule’s NetraScan to Secure over One Crore Customer KYCs in Rural India
Mobicule Technologies, a leading digital AI based customer onboarding, has partnered with Spandana Sphoorty Financial to enhance customer acquisition and document processing.
Trending In Debt Recovery
How an efficient digital asset repossession module for banks and NBFCs can simplify debt collection & recovery
mCollect Repossession Module will pave the way for both, the banks and NBFC partners to enable lending to customers with improved and guaranteed turnaround time.
Financial Express covers Mobicule Technologies and its end to end offerings within the digital debt collection space
FREQUENTLY ASKED QUESTIONS
.accordion-flush class. This is the first item's accordion body..accordion-flush class. This is the second item's accordion body. Let's imagine this being filled with some actual content..accordion-flush class. This is the third item's accordion body. Nothing more exciting happening here in terms of content, but just filling up the space to make it look, at least at first glance, a bit more representative of how this would look in a real-world application.