Storage Solutions for
"Default Customers Assets"
We offer a comprehensive storage services for banks & NBFC’s, specializing in the secure and efficient storage of defaulted customer assets, such as household items, vehicles, and commercial assets.
Default Customer Asset Storage: Challenges & Our Solutions
Problems faced by Banks
How StowFlex Solves it.
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Lack of Reliable Logistic:
Finding a secure and responsive transport solution for asset pickup is difficult.
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No Dedicated Storage Space :
When customers default on home loans, banks often need to seize properties. While awaiting payment or preparing for an asset auction, the challenge arises with household items: where to securely store seized household items?
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Handling Commercial Assets:
Seized commercial assets like vehicles and equipment require secure and spacious storage, which banks often lack.
Tracking of Seized Assets:
Monitoring the status or location of seized assets is often manual and error-prone.
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Final Decision Execution:
Disposing or returning assets after resolution involves legal compliance and coordination.
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End-to-End Logistics:
StowFlex arranges timely pickup with trained teams and tamper-proof handling.
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Secure Storage for Household Items:
We provide state-of-the-art facilities to safely store default customers' household goods until the resolution or auction process is complete.
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Spacious Warehousing for Commercial Assets:
Our spacious warehouses offer secure storage solutions for vehicles and other commercial assets, aiding banks in streamlining their asset storage operations.
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Real-Time Inventory Monitoring:
Access digital tracking, asset status, and reports through our technology platform.
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Disposal or Release as Per Bank Instruction:
We manage the full lifecycle — release upon repayment or dispose of as per legal norms.
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