This system is ideal for the Banks, Credit Societies to manage financial functionality of the Credit Society. Every module is designed in such a way keeping in mind the flexibility required to use it. The modules are grouped according to the procedures carried out in real time. For e.g. all screens where new account is to be opened in any of the above systems are grouped together for easy navigation and handling.

BANK ACCOUNT MANAGEMENT

There is a clear demarcation of the responsibilities between an administrator, a clerk and the receptionist of the front office. The wide ranges of transactions right from opening of account, transactions, fixed deposits, loans, shares, Recurring Deposits, lockers management, and various reports are clearly segregated from one another.

WHAT YOU GET?

Any type of transaction pertaining to the running and maintenance of a Bank/Credit Society where there can be one or more than one clerks/D.E.O. can be completely stream lined. The clerk can maintain the data of each of his/her individual Account Holder with ease and care.

Excellent user interface

Simple to operate 

Keeps track of the various transactions Of Individual Client.

Complete automation of the Bank/Credit Society.

Keeps track of each and every visit of the Client.

Comprehensive case paper creation and maintenance.

Maintains a track of the out standings of each Client and his mode of payments.

Can work on stand alone PC as well as on a network. 

Affordable for even a small Bank/Credit Society. 

Extensive library where a lot of information and various masters can be created.

THIS SOFTWARE IS BEST USEFUL

For Bank/Credit Society that keep pace with growing technology and changing trends.

For Bank/Credit Society that are looking for faster data transfer and extensive information maintenance among the various Clients.

Credit Society has Various Modules with Important Functions.

SAVINGS

User defined rate of interest and the dates on which interest is to be applied. 

User can also determine the ledger account in which the Savings account money is shown in ledger 

User can also view the interest payable to a person for a particular date.

A print out of the statement of any savings account holder between any two dates is just a click on the transaction screen.

FIXED DEPOSITS

Can determine any type of new Fixed Deposit Scheme.

Can create ledger and group accounts for the same.

Can determine the interest accounts for the new schemes to keep track of interest payable till 31st March and interest paid till date.

Allows to View interest payable for any account holder for any given date.

Facilitates to Calculate interest every month and to transfer the interest amount in any of the other accounts of the customer.

Provides the Facility to break any FD and automatic calculation with reduced interest rate for the period.

Provide the Facility to mature a FD account and to calculate the interest if the customer does not collect his money.

Allows the automatic transfer of FD amount to savings account or cash withdraw for the same.

Keeps track of FD break / mature and current FD account registers.

Allows the Credit Society to start and define ledger accounts for any new type of loan system. 

Helps the credit society to determine the interest receivables and interest payable accounts for individual loan types. 

Helps in keeping track of the amount of interest received / receivable under each loan type. 

Helps the credit society to maintain the details of guarantors. 

Provides the credit society to enter the mortgage details and documents submitted details with the information of the person verifying the documents with date. 

Allows the Credit society to can define the loan deductions for every account holder. Each loan deduction can be a ledger account or a sub-ledger account. 

Provides the transfer of interest form an FD account to loan account 

Allows the user to define the interest rates for each loan type and also the dates when the interest is to be applied to the particular loan account. 

Provides the user to determine the scheme of interest and installment calculation 

Can automatically prepare the notices for installment and loan defaulters and a list of all such loan defaulters.

Provides the agents to collect the money from client 

A daily scroll of the collection is maintained in the software and the commission is calculated automatically at the end of every month. 

A ledger is automatically prepared as the pigmy agent collects money every day and makes entry on the scroll of the Credit Society. 

Facilitates to break / withdraw the money from the Credit Society any time by the account holder and the Credit Society can deduct money for the commission of the agent.

Allows for more than one share purchases of the same person. 

It prepares a share register for the same. 

Allows the member to transfer the shares or forfeit it to the Credit Society at any time. A register of his status of the shares is maintained at all times. 

Allocates dividend in a single click of the mouse, dividend is transferred to all the share members and their share register is updated automatically.

Facilitates to handle and keep track of all the correspondence that the Credit Society does. 

A unique sort and search facility helps in finding any letter and allows a reprint.

The voucher entry screen provides to handle the various types of transfers after the Front office work is over. 

The Voucher entry screen also allows inter-branch transfers or transactions if any. 

The Credit Society can do the entries related to sundry debtors and creditors etc. in the vouchers.

Reports of all those accounts, which are currently on, matured, broken, and the status of interests on them. 

Report of daily transactions sub-ledger, ledger and group wise. 

Same report can also be taken between any two dates in the financial year 

Group wise and ledger wise trial balance. 

Profit and Loss statement any time of the year. 

Daily balance Sheets possible. 

Separate statements of the cash and bank transactions for any given date as well as between any two dates. 

Single ledger report between any two given dates. 

Chequebook, Passbook, Stop Payment, DD registers. 

Share register. 

Various MIS reports. 

Interest payables and interest receivables reports.