We are financial technology experts with over 18 years of hands-on experience in the chit fund industry
Complete Chit Fund Features
Powerful Chit Fund Management Software for Modern Chit Businesses
Run your entire chit fund operation from a single secure platform — auctions, collections, accounting, compliance, subscriber management, mobile apps, and analytics. Designed for traditional operators, multi-branch companies, and large-scale finance businesses.
Multi -branch
100%
99.9%
1982✓
Everything Your Chit Fund Business Needs
All operations, one unified platform
Automate operations, reduce defaults, improve collections, and stay fully compliant — from a single dashboard that brings your entire business into view.
- Real-time instalment tracking and maturity monitoring across all groups
- Branch-wise and group-wise dashboards with consolidated MIS reports
- Active, closed, and foreclosed group management in one place
- Automatic foreman commission calculation per group configuration
Core Features
Built for every layer of your chit business
From scheme creation to final prize disbursement — every operation is designed to be fast, compliant, and error-proof.
-Create conventional, prize, and dividend schemes
-Configure amount, tenure, instalment frequency, and member limits
-Monthly and bi-monthly payment schedules
-Group-wise ledger and balance tracking
-Aadhaar, PAN, photo, and address proof upload
-Nominee and co-subscriber management
-e-Signature enabled agreement execution
-Subscriber payment behaviour and credit tracking
-Live bidding portal — mobile and web
-Real-time bid visibility and minimum bid validation
-Instant winner declaration and auction register generation
-Advanced TDS and foreman commission auto-calculation
-Cash, cheque, UPI, net banking, and card support
-Instant digital receipt generation
-Partial and advance payment support
-Automated bank reconciliation
-Branch-wise and group-wise dashboards
-Collection efficiency and defaulter ageing analysis
-Auction history and prize disbursement
-Regulatory and audit reports
-Chit Fund Act 1982 compliant auction register
-Subscriber agreement generation and digital signing
-Demand and legal notice printing
-Full audit trail logging
-View chit details, due amounts, and participate in auctions
-Download digital passbooks and receipts
-Push notifications for reminders and announcements
-Prize history and dividend statement access
-Centralised branch management with separate ledgers
-Inter-branch reporting and consolidated MIS
-Multi-company support under one login
-Branch-wise staff assignment and access control
-Admin, manager, cashier, and agent access levels
-Staff activity tracking and productivity monitoring
-Attendance and salary computation
-Incentive management per role
How It Works
From group creation to prize disbursement
A structured workflow designed to eliminate manual errors and keep every stakeholder informed at every stage.
Subscriber & Member Management
Digitally manage every subscriber with complete KYC and history tracking
One profile per subscriber — every document, payment, bid history, and nominee detail in one place. Built for large-scale operations.
- Digital subscriber onboarding with Aadhaar, PAN, photo, and address proof upload
- Nominee and co-subscriber management with e-signature enabled agreement execution
- Multiple chit memberships per subscriber with consolidated payment view
- Subscriber payment behaviour and credit tracking with defaulter and prize status monitoring
- KYC document repository with subscriber agreement archive and bulk downloads
Smart Payment Collection
Simplify collections with automated receipts and online payment support
Reduce manual effort and eliminate collection errors with a payment engine built specifically for chit fund businesses.
Live Online Auction System
Conduct secure and transparent digital chit auctions from anywhere
Remove geography and paper from your auction process. Every bid is timestamped, validated, and permanently recorded in a compliant register.
Subscriber Experience
Mobile-first tools for subscribers and field staff
Keep subscribers engaged and field agents productive with purpose-built apps and automated communications.
Subscriber Mobile App
Give subscribers complete control
A white-labeled app for Android and iOS that lets subscribers manage their chit life entirely from their phone
- View chit details and due amounts
- Participate in online auctions
- Download digital passbooks and receipts
- Push notifications for reminders and announcements
- Complaint and support request system
- Prize history and dividend statement access
SMS & Notification Engine
Automated alerts that improve collections
Reach every subscriber at the right moment — before they miss a payment, during an auction, and after a prize.
- Due date reminder SMS
- Payment confirmation messages
- Auction reminders and winner announcements
- Defaulter warning notifications
- Prize collection alerts
- Regional language support — Tamil, Kannada, Hind
Operations & Finance
Everything your team needs to operate and account
From door-to-door collections to double-entry bookkeeping — complete operational tools built for chit fund workflows.
- Door-to-door collection support
- Cash and cheque entry from mobile
- Instant receipt generation on-site
- GPS tagging of collection visits
- Daily collection reports and targets
- Agent commission management
- Double-entry bookkeeping
- Trial balance and ledger management
- Profit & loss statements
- TDS deduction and Form 26Q support
- GST-ready invoicing
- Cash book, bank book, and day book
- Fund utilisation and cash flow analytics
- KYC document repository
- Subscriber agreement archive
- Auction minutes storage
- Bulk document downloads
- PDF passbook generation
- GST invoice and TDS certificate download
Reports & Business Analytics
Make better decisions with real-time operational insights
Every report you need — from daily collections to income statements — available on demand and scheduled for automatic delivery.
Enterprise-Grade Security
Protect your business with banking-level infrastructure security
AES-256 encryption, multi-factor authentication, tamper-proof audit logs, and 99.9% uptime cloud hosting — your data is safe.
Operations & Finance
Everything your team needs to operate and account
From door-to-door collections to double-entry bookkeeping — complete operational tools built for chit fund workflows.
"Vector brought our entire operation online in 4 days. Collection rates improved from 82% to 96% within the first quarter."
Subramanian K.
MD, Sri Lakshmi Chit Funds · Coimbatore
"The live auction system eliminated all disputes. Subscribers love the transparency and foreman commissions are always calculated correctly."
Meenakshi R.
Director, Kavitha Chit Company · Chennai
"Managing 3 branches used to mean 3 spreadsheets and endless reconciliation. Now one dashboard covers everything and our audits are effortless."
Venkat Prasad
CEO, Trustline Mutual Benefit · Hyderabad
Ready to Digitise Your Chit Fund Business?
Streamline collections, automate auctions, stay compliant, and grow faster with one complete chit fund management platform. Designed for traditional operators, multi-branch companies, and large-scale finance businesses.