How to recognize bank loan defaulter ?
In Bangladesh have more than a thousand of cooperative organization who has provided small lone service in their local business area. A large amount of them micro credit loan defaulter. They did not pay their monthly, weekly, or daily payable amount. So cooperative banking or micro credit institution financially ruinous. As a result, in this article I am focusing How to recognize bank or micro credit loan defaulter?
So how to solve or recognize them to prevent loan defaulter. If you read this article it can assist you a little bit about how to recognize bank or cooperative loan defaulter?
What you can do for micro credit loan defaulter problem?
- Select those companies who have enough resource in there local market. Don’t select any company or shopping institute have no basic assert.
- Check the business owner previous profiles. Also check where she or he did financial transition. If you see a good transaction history than you can consider providing loan or you support that business.
- Collect all the papers like national ID card, local authorial citizen certificate, bank statement, Electra bill, two passport size photocopies. 1 bank check for security as well as signature on a stamp paper argument if they provide those properly than they careful about the loan
- Choose those client to provide loan opportunity who have self owner. Those type of people generally don’t get loan defaulter. Here you can find loan defaulter list search here to avoid them in Bangladesh.
Few tips to recover micro credit loan defaulter issue
- Send a talent loan audit officer to inquiry field level who understand all the potential matter of the candidate.
- Try to know your targeted client attitude ask them how many times he or she will take to recover loan. Why he or she what to get loan from your financial institute, what type project he or she running etc. It will help you to understand about your loan prayer.
- Talk with your loan prayer the nearest shopkeeper or business holder about the client. Just think from outside of this content about How to recognize bank or cooperative loan defaulter
- Clearly new loan holder are not defaulter but who are regular loan holder some of them to be crazy on third or time so don’t accept any loan who is an are want third time loan or fourth time loan.
- If any loan holder delay to loan pay don’t accept if you give one chance they will make it on habit.
- Make word right time don’t miss massing your time schedule to collect money it will make them to show you new squire or crazy.
- If any client have fall in center really than consider them it will make you trust them and will increase confident. That is not all there have several ways and strategy to select candidate for any SME loan, micro credit loan bank loan, small business loan, shop loan etc. You can get loan from wp cooperative in local business.
Government Roles About Cooperative In Bangladesh
Cooperative Department – Government of the People’s Republic of Bangladesh also assistant at this circumstance. They will assistant you in different matter for loan functions.