Vegasky FinCorp™
Enterprise Lending, Savings & Chit Fund Platform
From onboarding to collection — run your entire lending business on one platform.
A complete SaaS platform for lending, savings, chit funds and overdraft — with KYC onboarding, maker-checker approvals and built-in double-entry accounting.
- product lines — loans, savings, OD, chit funds & deposits
- 5
- on every approval chain
- Maker-checker
- double-entry accounting per tenant
- GL-optional
Lending & Collections Dashboard
All branches · 14 locations · INR
Active loans
8,412
+142
PAR > 30 days
2.1%
-0.3 pts
Collections today
₹18.6L
94% of target
Active customers
5,096
+38
Due today
- Lakshmi DeviLN-20481 · ₹4,500Paid
- Ramesh KumarLN-20476 · ₹6,200Pending
- Chit Group #14CHIT-0092 · ₹25,000Auction due
- Suresh TradersOD-1042 · ₹12,800Overdue
Overview
Why enterprises choose FinCorp
Vegasky FinCorp brings customer onboarding, loan origination, savings, chit funds and overdraft into one governed platform. Configurable products, maker-checker approval chains and optional double-entry accounting give NBFCs, microfinance institutions and cooperative societies the controls auditors expect, while a dedicated field-collector mobile app keeps cash collection accountable from the first rupee to the last.
Part of the Vegasky ecosystem
Customer and KYC records created in FinCorp can sync to NexusERP for group-company consolidation and GL reporting, support and audit queries route through ServiceOne, and the infrastructure running FinCorp is monitored end-to-end by NetVision.
Capabilities
Everything you need, in one platform
Vegasky FinCorp™ ships with the capabilities enterprises expect on day one — configured, not custom-built.
Customer Onboarding & KYC
Digital KYC with document upload, fuzzy duplicate-detection backed by a hard database check, and a 360° customer view across every loan, savings, chit and overdraft relationship.
Configurable Loan Products
Interest, fees, penalties, EMI type and GL mapping are all configurable per product, with a full maker-checker chain from draft to disbursement — or a direct-creation fast path for tenants who opt in.
Savings & Recurring Deposits
Fixed-term recurring deposits with accurate held-days interest, flexible any-amount savings accounts, and a printable receipt for every transaction.
Chit Fund Management
Scheme, group and member management with auction-based monthly collection, automatic commission and dividend calculation, and full collection reversal support.
Overdraft (OD) Accounts
Configurable OD products with flat or daily-utilised-balance interest, three drawdown policy tiers, maker-checker-gated account opening and auto-issued repayment receipts.
Collections & Settlement
A three-stage collection flow with live allocation preview and idempotency protection, automatic penalty-fee-interest-principal allocation, collector worklists and a full cash-reconciliation workflow.
Accounting & General Ledger
A double-entry chart of accounts per company with manual posting and reversal — switched on or off per tenant, with every module working fully either way.
Reporting, Alerts & Migration
Scheduled and on-demand reports — including Portfolio-at-Risk, Daily Collection and statutory statements — exportable to CSV, Excel and PDF, plus event-driven Email, SMS and WhatsApp alerts and full historical data migration.
Use cases
Where FinCorp delivers the most value
Microfinance Institutions
Manage joint-liability and individual loan portfolios with field-collector accountability and audit-ready records.
NBFCs & Cooperative Societies
Run configurable loan, deposit and overdraft products with the maker-checker controls regulators expect.
Chit Fund Companies
Manage scheme lifecycles, auctions and member payouts with commission and dividend calculated automatically.
Multi-Branch Lenders
Branch and company-scoped access control keeps every report and approval within the right hands.
Integrations
- Vegasky NexusERP (customer & GL sync)
- Vegasky ServiceOne (support & audit tickets)
- MSG91 SMS (DLT-compliant)
- WhatsApp Business
- Email / SMTP providers
- Bluetooth thermal printers
- Excel / CSV data migration
- Active Directory / SSO
Deployment options
- Cloud
- On-premises
- Hybrid
FAQ
Common questions
Have something more specific? Our solution engineers are happy to walk through it on a call.
Can we run FinCorp without a formal accounting or GL setup?
Yes. Double-entry GL posting is optional per tenant — every lending, savings, chit and overdraft workflow works fully with it switched off, and can be turned on later without re-implementation.
Does FinCorp support field collection agents without office access?
Yes. A dedicated mobile app lets field collectors look up customers and collect loan, savings and OD repayments with the same idempotency-safe flow as the web app, and print receipts over Bluetooth — scoped so a collector can never open accounts or approve drawdowns.
Can we migrate our existing loan book into FinCorp?
Yes. Bulk import from a workbook supports both opening-balance migration and a "Full Historical" mode that replays your real, dated, payment-by-payment history, so schedules and reports stay accurate from day one.
Connect • Secure • Grow
See Vegasky FinCorp™ on your own data
We'll configure a sandbox around your sites, processes or queues and walk your team through it in 45 minutes.