Websoftex provide online web based nidhi company software built especially for. 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. May 14, 2020 tamil nadu chit fund companies association latest breaking news, pictures, videos, and special reports from the economic times. The tamil nadu chit fund companies association tncfca today appealed to the people not to confuse ponzi schemes, that offer unfeasible interest rates, cash prizes or gift articles for deposits, with chit funds which were traditional and highly regulated miscellaneous nonbanking financial companies. Chit fund, online chit fund, chit fund mlm, chitfund. Chit fund in bangalore balussery benefit chit fund. Kalpetta janakshema maruthi chits pvt ltd, involvements. Some chit funds may be conducted as a savings scheme for specific purpose. Chit fund, online chit fund, chit fund mlm, chitfund software. As per a report of asian development bank, in 1986, the turnover of 1066 chit fund was, rs.
Staterun odisha computer application centre ocac has developed a software to identify small chit fund investors, who would be given compensation from the rs 300crore corpus fund. The inexorable growth registered by shriram chits in recent years not only indicates the usefulness of this ancient instrument, but it is also a reflection of the customers trust in the shriram group. Chits funds are a kind of personal loan for emergency needs that is all. Tamil nadu chit fund companies association blogs, comments and archive news on. Chief executive manoj padmanabhan 38 returned to chennai after. Bank guaranty for the future liability of the chit. Chit fund software in chennai, retail pos billing software in. We take pride in rendering good and protective services to small medium industries smi and other sector for more than 5 years. More manufacturers and suppliers of chit fund software in chennai thalir technology verified supplier ekkattuthangal, chennai no. The estimated turnover of registered chit companies all over india is rs 35,000 crores per annum. Shriram chits is the largest chit funds entity in india. Jan 16, 2017 chit fund download mobile app chit fund apps, chitty daily collection. Kurinji chit funds pvt ltd kurinji chit funds kurinji. You can try out the vacancy chit scenario with the calculator.
The sustained growth registered by shriram chits in recent years not only indicates the utility of this ancient instrument but it is also a reflection of the customers trust in the shriram group. People look for scheme and gaining cash, for this they look for changed open doors. Chitfund software mazechit helps you to manage all your chitfund operations under one roof. How genext and new entrants are working to upgrade chit funds. Guided by the vision and determination of sri ramoji rao, margadarsi made its humble beginning in. Generic technology service provider of chit fund software. This software systemizes all the activities that are being carried out by the chits. Apr 18, 2012 this software can efficiently handle chit details. According to the definition given by chit funds act 1982, 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 specified number of persons that every one of them shall subscribe a certain sum of money or a certain quantity of grain instead by way of periodical installments over a definite period. Aug 16, 20 the trouble with chit fund is, for most cases the net cash flow will be negative.
A chit fund is a type of rotating savings and credit association system practiced in india. Chit fund services shriram group has its origin in the financial services space through the chit funds business. Chit fund software in tamil nadu chit fund management. Good plans are given, with great software and updating technology.
Chandra lakshmi has exhibited expertise in the financial arena and solid operational excellence eversince its incorporation. Like, company commission, discount, dividend, next installment, amount payable this information you can save to the database. Chitfund software mazechit free chitfund software demo. All the branches had been computerized offering personalized services to all customers through online network. Personal sureties within the 100 km radius of the chit branch. Planmlm planbinary treechili dogsmulti level marketingsoftware developmentthe help. 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. The chit funds business in india, which goes back 120 years into the. As a whole this is efficient for all organization those organize chits. Tree, research and development, web development, software online, pre paid. A look at some of the best chit funds in india goodreturns. Business listings of chit fund software, chit fund management software manufacturers, suppliers and exporters in chennai, tamil nadu along with their. Chit fund operator held in chennai chennai news times.
An example is the deepavali sweets fund, which has a specific end date about a week before deepavali. Online chit fund software chits software contact us. 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. Sgcf, the flagship company of the gokulam group of companies is in its 4th decade of service to the nation.
Generic chit fund software demo video provide a clear idea about chit software. Chit fund software in chennai, tamil nadu get latest price from. Websoftex software solutions private limited, a bangalore based company, an authorized software service provider engaged in chit fund software or kuries software development in tamil nadu with maximum level protection. Today, our chit companies operate in andhra pradesh, karnataka, maharashtra, puducherry pondicherry and tamil nadu, through 465 branch offices, employing 6,000 people and. Kurinji maintains excellent relationship with all the customers through their efficient, experienced and courteous staff.
Chit fund is an indigenous financial instrument that combines savings and borrowings. Chit fund software in india, retail pos billing software in india. Raja enterprises has done a good job with the launch of this service. The chit fund company, which runs a chit fund, provides access to savings and borrowings for people with limited access to banking facilities. The returns irrespective of the risk are dependent upon the urgency of the funds.
Generic online chit fund software is cloud based working. Generics software is integrated with digital collection assistant which simplifies. The longer you keep your money for, the higher returns annualized you get and obviously higher is the risk of fund defaulting. The company is a trusted brand and has been so from its inception. The chit and finance business started in a modest way at mylapore, chennai on 23rd july 1968, has grown in stature and size, through hard work, selfless service and prudent management practices. Top 10 chit fund companies in coimbatore, agents, consultants. It is technology driven, highly secure and userfriendly. Chit fund software is a web based application for chit fund companies. 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. Mobile application software generic mobile application software is online based working. Our company was found in 1976 with the forethought of providing truly personalized financial instruments. Chit fund software in chennai, tamil nadu get latest. Jayapriya chit fund is one of the largest and fast growing chit companies in tamilnadu. The chit fund institution has now attained the status of a quasibanking system.
Balussery chit fund is a leading chit fund company. Over five decades ago, margadarsi chit fund showed the people of andhra pradesh the way for a happier life. A chit is the only financial product that allows you to save and borrow at the same time. It was something i never expected to happen roshni, chennai very good customer service by the company. Chit fund software chit fund management software chitcare. The mlm company can set the tree structure that may be 3 in width and 5 in depth i.
Sreemathy chit fund guides every equiries withgreat care how to choose a chit scheme depending upon their need. Which is a chit fund software company in bangalore. Future liability amount can be deposited in margadarsi chit fund ltd. Sree gokulam chits best chit funds in chennai best chit. Chit fund returns calculator personal finance calculators. Shriram chits boasts the best record for timely disbursement of funds among all chit funds and offers excellent customer service for a community of 22,00,000 subscribers. Chitcare chit fund software general inquiries and call for free chit fund software demo and price tel 919849086644 9866127725. Mazechit is one of the best chit fund software application in india. Get name, address and contact details for chit funds in chennai, india. Margadarsi chit fund private provides various schemes like one of the names of the scheme is ste. Police arrested a woman at avadi in chennai on monday for refusing to return rs 17 lakh deposited by a customer in three separate chit funds. Generic is a fully loaded application which integrates all your chit fund activities. Kurinji chit funds has been conducting registered chits for nearly three decades since 1987 with an impeccable track record.
Chit fund download mobile app chit fund apps, chitty daily. The flagships company of the group sree amrutha ambika chits pvt. In some variations of chit funds, the savings are for a specific purpose. It has a network of 51 branches spread across tamilnadu, pondicherry and also in eight more district of tamilnadu. The purpose of this software is to have an effective communication process with the subscribers and the employees by kee. Chit fund software mazechit software from chennai indiamart. Chit fund software in chennai chit fund software in coimbatore chit fund software in bangalore chit fund software in hydrabad chit fund software in delhi. And then select the ticket number you can type the bid amount remaining all the details generated in software.
Any location,any time customer see the payment details. Chit fund software chit fund management software money chit fund. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. Chit fund business in india is regulated under the chit fund act 1982.
486 432 1356 103 1498 1337 461 687 1555 1039 957 1372 1090 272 1090 1014 1385 485 708 523 718 565 309 1211 1452 90 561 905 546 876 1469 323 989 293 265 1032 321 1026 1018