AI-Based Chit Fund ERP
Run chit groups, auctions and collections with accurate dividend calculation and a mobile app for subscribers, agents and staff.
Overview
A chit business works only when every instalment, auction and prize payment is exact. Our Chit Fund ERP automates group creation, subscriber enrolment, auctions, dividend calculation and defaults, and gives subscribers, field agents and staff their own mobile apps.
Built for: Registered chit fund companies, kuri and chitty businesses with one or many branches.
What is inside the Chit Fund ERP
- Chit scheme and group creation
- Subscriber enrolment and KYC
- Auction and lottery management
- Automatic dividend calculation
- Instalment collection and receipts
- Prize money payment and security documents
- Default, foreclosure and recovery tracking
- Agent and collection staff commission
- Multi-branch operations
- Accounting and ledger
- Statutory and management reports
- Notices and reminders by SMS and WhatsApp
Mobile apps included
Subscriber Mobile App
Subscribers see their chits, instalments, auction dates and receipts, and pay online.
Field Agent App with Live Tracking
Agents collect payments, register customers and follow their daily route, while the head office sees every agent's live GPS location.
Staff Attendance Punch-in App
Staff punch in and out from the phone with GPS and selfie verification, so branch attendance is accurate and tamper-proof.
Smarter with built-in AI
- Default-risk prediction per subscriber
- Auction analytics and bidding trends
- Automated due reminders
- AI assistant for staff queries on groups and dues
Why choose this system
- Error-free auction and dividend calculation
- Higher collection through reminders and online payment
- Agents tracked live and paid correct commission
- Clear records for audits and inspections
Chit Fund ERP: common questions
Does it support different chit types?
Yes. We configure auction chits, lottery chits, fixed-dividend chits and your own scheme rules.
Can we handle many groups at once?
Yes. Any number of groups, subscribers and branches can run on the same system.
Are statutory reports included?
We set up the reports and registers your state requires. We confirm the exact formats with you during requirement study.
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ExploreReady to see it working for your business?
Tell us about your business. We will show you a working demo and a clear quote, with no obligation.