Vagmi Fincorp

Personal Loan

Welcome to The Vagami Fincorp

Personal Loan

Achieve Your Dreams with the Perfect Personal Loan!

Our Personal Loans are designed to meet your immediate financial needs, whether it’s for a wedding, travel, medical expenses, or other personal projects. With minimal documentation and quick disbursal, Vagami Fincorp makes accessing funds easy.

Features and Benefits of our Personal Loan

A personal loan is an unsecured loan that is not backed by collateral or security. This makes it a flexible financing option, as there are no limitations on its use.

The followings are the ways a personal loan can be useful:

Personal Loan Eligibility Criteria

To qualify for a personal loan, you have to meet certain criteria. Below are the important factors that lenders take into consideration to decide your eligibility for a personal loan.

  • Age should fall under the range of 21 years to 60 years
  • Net monthly income should be 15,000/- for salaried and self-employed, yearly transactions should be a minimum of 20 lakhs  
  • Credit score must be above 650
  • Debt-to-income ratio
  • Employment stability
  • Maintained a good credit score
  • Clear repayment history
  • Must be a Resident Citizen of India

Documents required to apply for Personal Loan

  • Identity Proof  – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
  • Proof of Residence or Address Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card 
  • Age Proof –  Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
  • Income Proof – 1 year Bank statement, 3 months Salary Slips
  • Employment Proof – Employment Certificate, Office address proof
  • GST or VAT Registration for Self-employed
  • Photograph – Passport-size photographs
  • Business proof – Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
  • Income tax returns – Documents of the past 2-3 years to verify income and tax payment history

EMI Calculator for Personal Loan

An EMI calculator is a useful tool that can help you estimate the monthly instalments you will have to pay towards your personal loan within a specific period. By using the Vagami Fincorp Personal Loan EMI calculator, you can calculate your EMI beforehand, which can help you plan your finances better. Additionally, you can check your eligibility and compare different loan options using Vagami Fincorp Personal Loan calculator.