♻All features are incorporated as per Chit Fund Act 1982.

♻Easy procedure for chit registration and administration.

♻Designing any type of chits like weekly, monthly etc.

♻Keeps details of chit registration and commencement date of chits.

♻Calculation and payment of TDS and service tax.

♻Provision to enter/alter the opening balance of each schedule after auditing works.

♻Provision for advance receipt of future installments and its automatic accounting.

♻Online SMS on receipt of installment, daily collection and auction entry.

♻Multiple entries of installment receipts and printing.

♻Automatic calculation of auction discount.

♻Separate installment amount calculation for prized & non-prized subscribers

♻Separate installment amount calculation for normal & delayed payments

♻Automatic late-fee payment calculation (Penalty).

♻Suspense account maintenance and its adjustment in to installment.

♻Collection of documents and entry on document release.

♻Provision for daily Collection and Subscriber wise (Pigmy).

♻Subscriber grouping and transfer installment amount among group wise.

♻Multiple daily collection transfer to installment receipt to ease the data entry works.

♻Provision for daily collection payment in case of excess amount.

♻SMS facility on confirmation of daily collection receipts.

♻Easy entry of auction /prize and automatic calculation of next installment.

♻Subscriber history during auction/prize entry.

♻Various charges against ticket like documentation charges, admission fees, penalty & Verification Charges etc.

♻Provision for chit payment (partial or full) before the due date to the prized/auctioned subscriber.

♻Automatic accounting of chit payment on auction/prize entry.

♻Guarantors and documents details for chit payment.

♻Provision for Cheque Reconciliation.

♻Provision for keeping chit payment arrears.

♻Provision for day closing.

♻Day's business summary and automatic SMS and Email to operation head of the company.

♻Summary of cash and bank balances.

♻Provision for day open.

♻Listing of cancelled daily collection receipts.

♻Easy cash, Cheque and transfer payment collection.

♻Reports include Daily collection, Subscriber Ledger, Defaulters list, liability statement, document list and commission list etc.

♻Software can be used for multiple branches. It will give common interface for all branches. All centralize reports for all branches.

♻Members can get their outstanding, last date for subscription payment, ledger report and auction details through online access.

♻Mobile application for both subscriber (Member) and chit collector.