No collateral in the usual product
Most personal loans are unsecured. The lender looks at income, banking, and credit history rather than a property charge.
Home Personal Loan
Personal credit, placed with the right lender.
Unsecured funds for a planned expense or a bill that should not wait. VAP Money prepares the file and coordinates it with banks and NBFCs.
Overview
A personal loan, matched to your profile.
Salaried applicants and self-employed individuals use a personal loan when the expense is personal and a secured mortgage would be the wrong instrument. Common uses include a wedding, medical treatment, travel, home repair, or clearing a costlier outstanding.
The purpose stays with you
Lenders generally do not restrict how a personal loan is used, provided the application and the papers match the profile they underwrite.
The decision stays with the lender
Amount, interest, fees, and tenure are quoted by the bank or NBFC after they assess the file. VAP Money coordinates that application.
Features and benefits
What the arrangement is meant to do.
One file, several lenders
The same income and KYC set can be discussed with more than one bank or NBFC, so the profile is not locked to the first desk that sees it.
Papers before the application
We line up the checklist the lender actually asks for, instead of sending a thin file and waiting for a second round of queries.
A person on the file
The VAP team stays with the application through the lender’s verification, until that lender sanctions or declines.
Repayment on the lender’s terms
EMI, foreclosure, and part-payment follow the sanction letter. We do not quote a rate until a lender has assessed the profile.
Eligibility and documents
What lenders usually ask to see.
These are the checks banks and NBFCs commonly apply. The final criteria, including age, income, and credit score, are theirs.
Eligibility
- Indian citizen, within the age band that lender publishes for personal loans.
- Salaried employment, or self-employment with income the lender can verify.
- A period of stable work or business that meets that lender’s minimum.
- Banking that shows the income credited, and a credit history the lender is willing to fund.
Documents
- KYC: PAN, and Aadhaar, passport, driving licence, or voter ID.
- Address proof, such as a utility bill or rent agreement, if it is separate from KYC.
- Income: recent salary slips, or ITRs and financials for self-employed applicants.
- Bank statements for the period the lender specifies, plus an employment or practice proof.
How to apply
Three steps from enquiry to the lender’s desk.
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01
Requirement
Share your name, mobile number, and what the loan is for. Use the form on this page.
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02
Papers
We tell you which KYC, income, and banking documents the matched lenders expect.
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03
Decision
The bank or NBFC verifies the file and decides sanction, rate, fees, and when funds are released.
Enquiry now
Tell us the personal loan you need.
Submit the form and the enquiry is emailed to info@vapmoney.com. You can also call +91 98110 52842 or write to info@vapmoney.com.