Chit Fund Software
Bring member records, groups, tickets, auctions and instalment collections into one working system. Bharat AI Finance helps registered chit fund businesses follow each group’s activity, issue collection receipts and review outstanding dues, with AI reminders and forecasts that support the team’s daily decisions.
Illustrative interface with sample data. Select the image to explore it at full size.
A better fit for your daily work.
Records split across registers
Member details, ticket allocations and collection notes become difficult to reconcile when different people maintain separate sheets. A connected record gives staff a common starting point for answering member enquiries.
Dues need repeated checking
Collectors spend time working out who has paid and what remains outstanding. Member and group views help the team prepare a practical follow-up list before the day’s collection work begins.
Auction figures are hard to explain
Auction and dividend calculation records help staff trace the figures behind a group entry. Bring your existing process to the demo so the calculation method and review steps can be checked.
Everything your team needs, connected.
Member and KYC records
Maintain member details alongside the KYC records used by your business.
Groups and tickets
Organise members by group and ticket so participation remains clear as activity grows.
Auction calculations
Record auction activity and work through the relevant calculation in one place.
Dividend calculation
Keep dividend calculations connected to group activity.
Instalments and receipts
Record instalment collections and issue receipts against the appropriate member record.
Day book and dues
Review collection receipts in the day book and examine outstanding dues.
From the first task to a clearer daily picture.
Prepare the group
Enter the group information, member details and ticket allocations. Check the initial records with the administrator before bringing the group into the daily working process.
Record the auction
Work through auction inputs and dividend calculations using your approved business method. Review the resulting entries while the supporting information is still readily available.
Collect instalments
Find the correct member and ticket, record the collection and issue a receipt. Teach staff how to check identifiers before posting a payment.
Review pending dues
Use outstanding records and overdue alerts to plan follow-up. Confirm the member’s current position before sending a reminder or taking further action.
Close and plan
Compare the day book with collection records, resolve questions and review the collection forecast. Use the next day’s priorities to organise the team’s workload.
Useful insights. Your team in control.
Use forecasts and alerts to guide your review, with people making the final decisions.
Overdue risk alerts
Identify records that deserve an earlier review instead of treating every pending instalment identically. Staff should verify the underlying payment history before deciding how to follow up.
WhatsApp due reminders
Help members remember upcoming or outstanding dues through WhatsApp reminders. Review contact details, message wording and communication preferences as part of the setup discussion.
Collection forecasts
Use recorded collection activity to anticipate incoming collections and explain business movements in plain language. Forecasts are planning aids and depend on the quality of the available history.
A clear view of what matters.
Member and ticket position
Review participation and recorded collections in context. Ask the demo team to show the exact member statement format your office needs.
Group activity
Follow auction and dividend entries alongside group collections to understand the group’s recorded activity during the period under review.
Collection day book
Inspect daily receipt activity when closing the office and investigating payment questions raised by staff or members.
Dues and collection outlook
Combine outstanding records with a forward-looking collection estimate when planning follow-up and reviewing the next operating period.
Made to work with the right tools.
Bring your existing equipment details. We’ll review compatibility, connectivity and the modules needed for your installation.
- Office computer for member and collection work
- Receipt printer compatibility to check during the demo
- Phone for the agreed WhatsApp reminder workflow
- Existing document capture equipment to review at setup
A practical plan for moving forward.
Map your working method
Bring a sample group, auction calculation and collection receipt. Agree which staff enter, check and review each part of the process.
Prepare opening records
Clean member names, ticket mappings and opening dues before migration. Reconcile a sample group so historical gaps are found before everyday use.
Validate calculations
Compare representative examples with the office’s reviewed figures. Include pending instalments and a completed auction to test the records your staff handle regularly.
Train the collection team
Practise member lookup, receipt entry, day-book review and reminder handling. Confirm the support and rollout arrangement for your branches.
Before you choose your software.
Is this edition intended for chit fund businesses?
Yes. It focuses on registered chit fund companies, with member, group, ticket, auction, dividend and collection workflows. Share your operating process so the demonstration reflects how your office works.
Can the team manage several groups?
Group and ticket management are core capabilities. Bring a sample of your group structure and member participation so the team can demonstrate the views and working process you need.
How are existing balances handled?
Opening dues and historical records should be reviewed before migration. Discuss your current spreadsheet or software export and agree which fields and periods will be transferred.
Does a risk alert decide what action to take?
No. It highlights a record for staff review. Your team should check collection history and member communication before choosing the next business action.
What should we verify in the demo?
Work through one complete group example: member allocation, auction figures, dividend calculation, collection receipt and pending dues. Check every required report against your office’s actual review process.
See your workflow in action.
Bring your real tasks and questions. We’ll use them to discuss the right configuration, equipment and rollout.
- One representative group and ticket list
- A completed auction calculation
- A sample collection receipt
- Opening dues in your current format
- Branch and staff responsibilities
More ways to support your business.
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