As you have asked about the Syndicate Bank OTS scheme, I am giving you some information regarding that
It is Special Non-discretionary one time settlement scheme (ots) for NPA under micro and small enterprises (MSE) sector.

Features of the Scheme:
Eligibility

The Scheme will cover NPA all accounts under MSE Sector,where the original
Advance/limit is 50.00 Lakhs and below
The guidelines will also cover cases on which the action under SARFAESIAct
/Courts/DRTs subject to consent decree being obtained from the Courts/DRTs
The OTS proposal shall be borrower wise.
Cases of wilful default, fraud and malfeasance are not covered.

Offer Amount

The offer amount is arrived at depending upon Asset Classification and Net
Present Value (NPV) of Securities ranging from 50% of Book Balance to Book
Balance plus simple interest at 6% from the date from which interest is not
debited to the account.

Net present value of securities shall be calculated taking into account the
discounting factor based on existing PLR

Payment Conditions

a) 10% of the amount of settlement shall be paid upfront.
b) Settlement amount shall preferably be paid in one lumpsum and within a
maximum period of three months or not exceeding one year together with
future interest