Bank of India Launches One-Time Settlement Scheme for NPA Account Holders

Bank of India Launches One-Time Settlement Scheme for NPA Account Holders

Jharkhand News : Bank of India is offering a golden opportunity to all Non-Performing Asset (NPA) account holders with attractive waivers through a One-Time Settlement (OTS) campaign.

In an effort to provide relief to borrowers facing genuine difficulties, Bank of India has announced a special campaign titled “Rin Mukti Samjhauta Campaign – Azadi NPA Rin Se”, scheduled to run from August 18 to August 22, 2025.

This campaign is specially targeted at NPA account holders who have been unable to repay their loans due to business setbacks, medical emergencies, or other legitimate reasons. Under this initiative, eligible borrowers can settle their outstanding dues with significant concessions and close their NPA accounts immediately.

Bank of India urges all eligible account holders to visit their respective branches on or before the campaign period to take advantage of this one-time opportunity. This Monsoon Settlement Drive aims to provide financial relief and a clean slate to struggling borrowers.

For more details and assistance, interested borrowers can reach out to the following officials from the bank’s recovery team:

Borrowers are encouraged to contact their nearest branch or the above officials at the earliest to participate in this limited-period settlement drive.

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