One Time Settlement Scheme Launched by JK Bank
It’s a piece of good news for all the account holders. According to the MD and CEO of the bank, this scheme is practicable and is very beneficial for borrowers. One-time settlement scheme SOTS-2021 is planned to provide a suitable environment that will affect recoveries.
According to the NPA position of the bank. They have planned to give a 5% incentive amount to encourage faster payments within a month. And those who will pay within two months will get a 2% incentive amount.This one-time settlement scheme is a perfect opportunity for eligible account holders.