Loan management software for NBFCs in India
Vasool is the operating system a lender grows with. The same platform that runs a one-route money lender scales to a multi-branch NBFC — because every capability is a per-tenant toggle. Immutable audit trails, a KYC document vault, AI-assisted credit appraisal and DPD tracking come standard, on a database that is yours alone.
NBFC-relevant capability, from day one
These aren't features on a roadmap — they run in Vasool today, reframed in the vocabulary a finance company and its auditors actually use.
Immutable audit trail
Every edit, approval and closure is written to an audit log with full entity history, so you can reconstruct exactly what changed, when, and by whom — the evidentiary backbone examiners expect.
KYC document vault
Capture and store Aadhaar, PAN, voter ID, ration card and utility bills against each borrower, so onboarding documents live in one auditable place instead of a drawer.
Your own isolated database
Each tenant gets a dedicated, isolated PostgreSQL database, with the option to self-host — a clean data-governance, residency and ownership story for a regulated lender.
AI-assisted credit appraisal
The loan-eligibility engine returns a risk score from 0 to 100 with an approve, review or reject call and a suggested limit — a consistent, documented first pass on every application.
Overdue & DPD tracking
Days-past-due and overdue intensity are tracked per loan — the raw material you need to build NPA and SMA bucketing and watch your portfolio quality tighten.
Capital & borrowings ledger
The financier and investor module records partner capital and owner borrowings — the funding and liability side of the book, giving you a working asset-liability view.
How an NBFC runs on Vasool
Onboard with KYC
Capture borrower KYC — Aadhaar, PAN, voter ID and more — into the document vault, with role-based access controlling who can see and edit what.
Appraise & sanction
Run the application through AI-assisted credit appraisal for a risk score and suggested limit, then approve, review or reject with a full audit record.
Disburse & collect
Run any loan product — daily, weekly, monthly, EMI, interest-only, gold or product-based — with PDF receipts, closure cards and field collection.
Monitor & report
Watch DPD and overdue intensity, track capital and borrowings, and pull P&L, day book, portfolio and officer reports as the book grows.
Capabilities that already speak the regulator's language
An NBFC doesn't need a different product from a neighbourhood lender — it needs the same lending engine with more of the controls switched on. Vasool is built that way. Because features are per-tenant toggles, the platform that runs a single route also runs a multi-branch finance company, and you turn on what your stage and licence demand.
The foundations regulators care about are already here: an immutable audit trail with entity history on every change, a KYC document vault, granular role-based access control (the groundwork for maker-checker), and per-tenant isolated PostgreSQL with self-hosting for data ownership. On top of that sits AI-assisted credit appraisal, DPD and overdue tracking, and a capital-and-borrowings ledger for the funding side of the book. It covers every loan product too — daily, weekly, monthly, EMI, interest-only, gold and more, plus chit funds and savings schemes.
The result is a portfolio you can actually see: P&L, day book, officer and collection reports, and portfolio views that let you run a growing book with discipline rather than spreadsheets. See how that stacks up on the comparison page.
The compliance layer: what we support, what's on the roadmap
We'll be straight with you, because you're a regulated buyer and honesty is the whole point. Vasool is software your NBFC operates — it is not RBI-registered, and it does not grant you regulatory certification or guarantee compliance. What it does is give you the operating platform and the evidence trail to help you meet your obligations.
Full NBFC-grade compliance needs more than a good lending engine, and several of those pieces are on our roadmap or built on request rather than shipping today. That list includes NPA classification to RBI norms (SMA-0/1/2 and sub-standard, doubtful, loss) with provisioning; credit-bureau reporting and pulls (CIBIL, Equifax, Experian, CRIF); CKYC upload and download and AML screening; sanction letters, loan agreements and Key Fact Statement / APR disclosures; Fair Practices Code workflows like grievance redressal, cooling-off and foreclosure disclosure; statutory RBI returns and GST/TDS handling; enforced maker-checker on financial entities; and the co-lending or business-correspondent model.
Because your data sits in a database you own and can self-host, and because features are toggles, these are additions we build with you rather than a rewrite. We'd rather tell you what's ready and what isn't up front than have you discover it in an audit.
What NBFC-grade loan software needs
When you evaluate a loan management system for an NBFC, look for:
- An immutable audit trail and full entity history on every change
- A KYC document vault for Aadhaar, PAN and onboarding documents
- Data you own — an isolated database with a self-hosting option
- Granular role-based access as the foundation for maker-checker
- Credit appraisal and a documented approve / review / reject decision
- DPD and overdue tracking as the basis for NPA and SMA bucketing
- A capital and borrowings ledger for the funding side of the book
- A clear roadmap for bureau reporting, NPA norms and RBI disclosures