Loan Settlement Advisory

Negotiate one-time settlements with banks and become debt-free, ethically.

Get started Call +91 91971 80048

At a glance

Typical timeline: 30–90 days depending on the lender and case complexity
Govt portals: Lender direct
Documents needed: 6 basic items
Deliverables: 8 inclusions

Overview

What is Loan Settlement Advisory?

Stuck with an unmanageable loan or a credit card bill that's spiraled out of control? Akshay B2B Solutions provides ethical loan settlement advisory — negotiating a One-Time Settlement (OTS) with banks and NBFCs at a reduced amount, helping you close the account, and guiding you on the credit-bureau impact. We work only with willing-but-unable borrowers — never as a substitute for paying loans you can afford.

What's included

Everything we cover under this engagement.

Hardship assessment and eligibility check
Engagement letter and disclosure to the lender
OTS proposal drafting with supporting documents
Negotiation with the bank's recovery / SAM team
Settlement letter and receipt verification
Final NOC / no-due certificate follow-up
Post-settlement credit report cleanup advisory
Coordination with legal counsel for SARFAESI / 138 cases

Documents you'll share

We collect everything over WhatsApp or email.

Loan account statements (latest)
Demand notices / recall letters from the bank
Latest CIBIL / Experian report (we can pull this)
Income proof — last 6 months bank statements / ITR
Hardship documentation — medical, job loss, business closure proof
Aadhaar and PAN of borrower

Who needs this

Genuine financial hardship — job loss, medical emergency, business failure
Account already classified as NPA or stressed by the bank
Personal loans, credit cards, business loans, MSME loans, gold loans
Cases where restructuring or refinancing isn't feasible

Process

How we get this done

A clear, predictable sequence — no chasing, no surprises.

Confidential consultation

We assess your situation and confirm whether OTS is the right path — sometimes restructuring is better.

Hardship documentation

We compile income, expense and hardship proof to support the negotiation.

OTS proposal

We draft and submit a written OTS proposal to the lender's recovery / SAM team.

Negotiation

Multiple rounds of negotiation — typical settlements land between 40% and 70% of outstanding.

Settlement & closure

Pay the agreed amount, collect the settlement letter and no-due certificate.

Credit cleanup

We guide you on credit-report tagging ('settled' vs 'closed') and a 24–36 month rebuild plan.

FAQ

Common questions

Quick answers to the things founders ask us most.

Will loan settlement hurt my CIBIL score?

Yes. The account is tagged 'Settled' on your credit report, lowering your score and limiting fresh credit for 7 years. Plan a CIBIL rebuild from day one.

How much can I expect to settle for?

Typically 40–70% of outstanding in genuine hardship cases. Depends on the bank, the age of the NPA and your hardship documentation.

Is loan settlement legal?

Yes — One-Time Settlement is a recognised RBI-allowed mechanism. We act only as advisors / negotiators; the contract is between you and the bank.

Will the bank still take legal action after settlement?

No — once you have the settlement letter and pay the agreed amount, the case is closed. Always insist on a written no-due certificate.

Can credit cards be settled?

Yes, credit card outstandings are commonly settled — often the most aggressive negotiations because banks know unsecured recovery is hard.

What if I can still pay my EMIs?

Then you should — settlement isn't a shortcut. We turn down clients who can afford to pay; the credit-score damage is real.

More services

Ready to start your loan settlement?

Talk to us — we'll share a fixed quote, exact documents needed and the realistic timeline for your case.

Book free consultation +91 91971 80048