Ancillary Services

Ancillary services to banks and financial institutions refer to the additional support services provided to assist in the smooth operational support in financial transactions and lending processes. These services are essential for ensuring proper risk management, compliance, and the protection of the institution's interests in financial dealings.

STCL Undertakes

• Arranging of Title Search Report from empaneled advocate(s).
• Arranging Valuation Report from empaneled Valuer(s).
• Arranging Insurance Policy/ Renewal of Insurance Policy.
• Arranging Enforceability (Due Execution, Adequate Stamping and Documents are enforceable in court of LAW opinion) from empaneled advocate(s).
• Assisting to obtain NOC/ Pari passu letter from member Bank(s)/ Charge holder(s).
• Assisting in obtaining a Revival letter.
• Arranging Non-Encumbrance Certificate empaneled advocate(s).
• Assist in finalization of LLC Arrangement Charges and Drafting charges.
• Appointment of Chartered Accountant for Stock and Receivables Audit / Additional Surveillance Measures.
• Conducting Legal Audit through empaneled advocate(s).
• Forensic Audit through empaneled audit firm.