Loan collection app
A loan collection app that keeps the whole loan book in one place
Most collection businesses start with a notebook, a calculator and a WhatsApp group. Vasool Raja replaces that with one record of every borrower, loan, payment and closing balance that owners, managers and agents all work from.
What a collection app should actually do for you
A collection app is only useful if the number at the end of the day can be explained. That means every payment is tied to a borrower and a loan, every correction leaves a trail, and the owner can see what was expected, what was collected and what is still due.
Vasool Raja is built around that idea. It is record-management software for lending and collection operations; it does not provide loans or financial services. You stay in charge of your business, and the app keeps the records straight.
Every line type in one app
Few businesses run only one kind of loan. You can organise daily, weekly, monthly and monthly-interest lines side by side, including loans where interest is collected upfront or through the schedule. Business days, holidays and service areas are configured per line, so a Sunday holiday on one line does not disturb another.
- Create borrower profiles and issue new loans
- Import loans that are already running, with their history
- View statements, correct payments, close, default or renew loans
Collection day, from first visit to close
On a collection day, agents work from a list of unpaid, missed and paid accounts. They record cash or UPI against each loan, switch between card and compact list views, and keep working even when the signal drops, because entries can be captured offline and synced later.
At the end of the day, the expected cash plus bank/UPI balance is compared with what is actually confirmed. Differences have to be explained, and day closure can be sent to an owner or manager for approval.
Controls owners usually ask for
The app lets you decide which actions need a second pair of eyes. Loan creation, expenses, investments, holidays, day close, loan closure and optional next-day starts can each be routed for approval. Penalties can be configured with grace sessions and waivers, and every waiver is recorded.
Getting started
You can start on Android or the web with a 60-day free trial, and no card is required. Plans start at ₹100 per line per month on the Lite plan, with company plans for teams. The interface is available in English, Hindi and Tamil, so your agents can work in the language they are comfortable with.
Common questions
Is this app only for daily collection businesses?
No. You can run daily, weekly, monthly and monthly-interest lines in the same company and review them together or line by line.
Can I move my existing loans into the app?
Yes. You can import loans that are already running, so you do not have to wait for the current book to close before switching.
Does Vasool Raja lend money or collect on my behalf?
No. As described above, the app only keeps your records. Your business does the lending, and your team does the collection.
Do I need a card to try it?
No. New accounts get a 60-day free trial without a card. You can compare plans on the pricing page when you are ready.
See it with your own lines
Start with a 60-day free trial.
No card required. Vasool Raja is record-management software and does not provide loans or financial services.