Settlement Plan Account #DPD-3402
Policy-bound 3 plans
Plan A fits 92%
3 settlement plans ranked on customer cash-flow + bank policy
A 92% B 74% C 38% A - 92% FIT 2-instalment plan Rs 4,200 x 7th, Rs 4,200 x 22nd full recovery - no haircut - auto-approve B - 74% FIT 3-month restructure EMI Rs 3,150 x 3 - tenor +1 month Tier-2 approval required C - 38% FIT Lump-sum settlement Rs 6,800 one-time - 19% haircut CRO sign-off required
> All 3 plans within bank's policy - auto-approve up to Rs 5K haircut
RBI - Circular v3.2