Generic chit fund software intimation card, chit company are sending intimation card to all chit group subscriber. Service tax gst exemption for chit fund subscribers industry. R s computers it solutions private limited is a leading solution provider for internet based applications. The purpose of this software is to have an effective communication process with the subscribers and the employees by kee. Online mazechit software is a versatile webbased erp application and clientserver application for chit fund companies. The rate of gst on services provided by foreman of chit fund in relation to chit fixed by gst council at the introduction of gst in july, 2017 is 12% with itc of input services. Chit funds monitering state govt under control of district regiter and chit rigester.
Members can get their outstanding, last date for subscription payment, ledger report through online access. Websoftex are providing chit fund softwares, best quality chit fund live demo and. Chit fund accounting software,chit fund software free demo. Generic technology chit fund software is best solution for chit fund companies. Websoftex provide a reliable chit fund management software facility and it needs to be managed by group activities and customer database. It is technology driven, highly secure and userfriendly. Chit fund business chit fund online, chit fund conceptmoney control chit mobile appchitfund mobile chit app.
Generic sure we will have a strong and long realtionship with in our customer. The chit fund business is administered by the respective state governments through the offices of the registrar of chits. The bill and melinda gates foundation knowing the standing of this industry had joined hands with the all india association of chit funds, to reach the economically weaker section of the society through chit fund companies. Generics software is integrated with digital collection assistant which simplifies the collection process and easily integrates with the main core application.
Chit fund software feature, chit management software. We are provide secure online access in our customer. This software systemizes all the activities that are being carried out by the chits. Jul 07, 2011 mutual funds 100% saving product,but chit fund concept is savings and borrowing. Apart from intimation cards, all subscriber documents including receipt. Generics software is a cutting edge chit fund management software, specially designed for chit fund companies by the experts with more than 10 years of chit funds experience. Take a typical chit fund with 25 members contributing rs 100 per week. Chit fund software is a complete erp solution to manage chit fund business. What is the comprehensive usage of chit fund software. Online chit fund software chits software contact us chitcare. Keeps details of chit registration and commencement date of chits. For those who dont understand how a chit fund works, please refer to the link how chit fund works. This software handles all the activities that are being carried out by the chits.
Section 2b of the under chit fund act 1982 defines chit as. Websoftex chitfund software is a web based application for chit fund companies. It also permits a newly recorded individual to unite with a new chit based on their needs. After registered the company as per companies act, foreman will start. Chitcare chit fund software general inquiries and call for free chit fund software demo and price tel 919849086644 9866127725. Teccsa is an ambitious leader in providing the clients with successful information technology services and business process outsourcing solutions. Prominent features of mazechit chit fund software is easy accessibility, automated.
A chit fund is a type of rotating savings and credit association system practiced in india. Building thiruvananthapuram road pammam, marthandam kanyakumari, tamil nadu, india 629165. Net based centralized database online software for chit fund company with core chit fund operations such monthly income schemes, dividend declarations, management of cheque book, passbook and bond. When a particular chit fund documentation has to be done through paper, the chit fund software has made it paperless. Downloads chit fund management software for chit funds. On the first week all members will contribute rs 100. We are powered to delivery custom application development, business intelligence solutions and performance engineering.
Mazechit is a web based chit funds management erp, which is user friendly and is directed towards assisting the management of chit fund companies and end users with utmost clarity and authenticity. Suspense account maintenance and its adjustment in to installment. Mprofit portfolio management software is an easytouse and powerful portfolio management application designed for indian investors and nonresident indians nris. Entirely this is efficient for all organization those organize chits. Chit fund software released chit fund companies chit fund account chit calculator chit fund networking. Easy procedure for chit registration and administration. It provides secured online access to its subscribers on information on the next payment, loan details, etc. Chit fund in bangalore balussery benefit chit fund.
Any technological invention will give many benefits to the users. Mprofit portfolio management software allows you to take control of your investments such as stocks, mfs, ulips, insurance. The title chit fund management software is as per chit fund companies but functionality of it can be generalized for multiple purposes like. Gst on sale or purchase of services provided by foreman of. Generic chit fund software application is easy to use,more reliable, stable, generic. Chit fund maintenance system the project, chit fund maintenance system is a vb application, that permits the user to register into the vb and receive the description regarding the chits and the auction sum associated to their chits. Centralise sytem will save you time and money, especially if you have a multiple branches. This detail about gst rate tariff on services provided by foreman of chit fund is only for information. Sep 04, 2012 our chit fund software comprises 33 different modules that cover each and every department of company and makes the functioning of any chit company effortless. Generic technology chit fund software is one of the best in chit software industry. Chit fund documentation, chit fund bulk sms communication.
Chit collectors daily activities include collection records. Generic chit fund software provides email support during the business hours for signingup, usage assistance, problem diagnosis and resolution, clarification in documentation, and technical guidance. Chit fund, chit fund software, online chit fund software. How to calculate the chit fund scheme interest rate quora. Generic chit fund software application is easy to use,more reliable, stable.
The chit or kuri is a derivative, the root being the lot. Functioning of chit funds are better explained using an example. As a whole this is efficient for all organization those organize chits. The chit fund company, which runs a chit fund, provides access to savings and borrowings for people with limited access to banking facilities. Download chit fund management software source codes, chit. As the number of members increased, the organisations are in need of an extra hand to handle the hurdles. All features are incorporated as per chit fund act 1982.
Chit fund software chit fund management software youtube. Chit fund software chit fund management software chitcare. Generic chit fund software application have many features, like auction work, agent commission process, chit intimation card details, prized money customer interest calculation, bulk sms service 9788037825 8098129659. Generic chit fund software application is easy to use,more reliable, stable,generic chit fund management software are specially designed for chit company to provide simple solution to chit complex accounts. Its best to start saving and investing as soon as you start earning money. More about chit fund business chit fund management software. Generic technology products chit fund software,online chit. Which is a chit fund software company in bangalore. The chit fund owners have started using chit fund software. Excel based chit fund calculator and profit and loss account. Online chit fund software chits software chitfund software.
Moreover this entire system works on the foundation of trust. Chit fund calculator, chit fund act, chit fund solutions. Chit fund software is an application which makes chit fund management easy. Which software is the best for a chit fund, online or. Websoftex chit fund software handles all kind of chit fund operations. Optech gst billing software in coimbatore inventory software. Chit funds software from websoftex is best chit funds professional accounting software which specially developed for makes your accounting work easy.
Cfs is a chit fund management application software, which is. Our software experts made it easy to maintain multiple branches at your fingertip. Chit fund customer, chit fund subscriber history, chit. All documents can be generated including notice to the nps and ps, sms. Online chit fund software, chit fund software online. A chit fund is a very popular type of savings scheme in india it is one of the main parts of the unorganized money market industry. Generics software is a cutting edge chit fund management software, specially designed for chit fund companies by the experts with. Members can see next payment information, amount to be paid along. Designing any type of chits like weekly, monthly etc. Likewise, the chit fund software also gives multiple advantages. Financial intelligence unit india, ministry of finance, govt. Online chit fund software in bangalore, chit fund company.
Feb 11, 20 cfs is a chit fund management application software, which is unparallel and comprehensive chit fund software that covers each and every entity of chit fund company. As per companies act company will register with directors. Jul 18, 2019 rather than past days, today the number of people investing in the chit funds has increased. Websoftex software solution has developed an android app especially for chit fund,and one among that is for chit collector. Feb 23, 2015 chit means a written note on a small piece of paper. High risk involved in chit fund system,but at the same time chit fund given high returns and emergency reserve fund available very.
This software systematizes and streamlines all the activities that are being carried out by the chits. Chit fund management software codes and scripts downloads free. As per the act, a chit means a transaction whether called chit, chit fund, chitty, kuri or by any other name by or under which a person enters into an agreement with a specif. Chit fund management software features is so simple and easy to understand. Collection of documents and entry on document release. We provide a reliable chit fund management facility and it needs to be managed by group activities and customer database. Chit collectors typically work for chitfund companies and has to collect money daily, weekly or monthly. With edocplus you can handle any type of document that exists in your computer, including pictures, graphics and anything that is created. Windows application software are called offline software, its working without internet connection. The company has been promoted by some highly experienced professionals dedicated to provide total it solutions under one roof. It holds various features, such as it manages add, delete, edit of groups, manages customer information according to the groups in which these have subscribed. Chit funds are popular modes of saving and borrowing which are based upon the concept mutual benefit of members. A group of people contribute towards the chit value and one member from the group is given the prize amount and dividends are distributed to all other members.
These chit funds are run by chit fund companies and in the article. Download the chit fund software edition comparison chart. Provision to enteralter the opening balance of each. In some variations of chit funds, the savings are for a specific purpose. Websoftex software solutions pvt ltd,bangalore based company offers you the best chit fund software which is highly secured, maintained and easy to use collections and it comes with both the erp and crm. Chit fund software is a web based application for chit fund companies. The aim of this project is to develop a web application software package chit fund management. Mazechit is one of the best chit fund software application in india.
When a particular chit fund documentation has to be done through paper, the chit fund software has made it. People look for scheme and gaining cash, for this they look for changed open doors. In the older days, chit fund company is manually managed with simple paperwork but it is very difficult to handle many groups, subscriber should go to an office and pay otherwise, an agent should go and collect the chit amount. About us chit fund management software for chit funds. Chit funds schemes, chit fund scheme, chit fund calculator. Our dedicated team support is available 24x7 except public holidays. Oct 10, 2017 chit fund business in india is regulated under the chit fund act 1982. Chit fund customer, chit fund subscriber history, chit fund.
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