Integra Chit Management

  • All features are incorporated as per Kerala Chit Fund Rules 2012
  • Easy procedure for chit registration and administration
  • In build statutory forms and details for previous sanction, chitty registration etc.
  • Designing any type of chits like weekly, monthly quarterly, pooval etc
  • Keeps details of previous sanction, chit registration and commencement date of chits
  • Manage chit security deposits
  • Calculation and payment of TDS and service tax
  • Canvassing commission and target incentive to agent
  • Provision to enter/alter the opening balance of each schedule after auditing works
  • Provision for advance receipt of future installments and its automatic accounting
  • Provision for edit auction discount, and late fee with password protection
  • Online SMS on receipt of installment, daily collection and auction entry
  • Provision for transfer excess cash to daily collection suspense
  • Multiple entries of installment receipts and printing
  • Automatic calculation of auction discount
  • Separate installment amount calculation for prized & non-prized subscribers
  • Separate installment amount calculation for normal & delayed payments
  • Automatic late-fee calculation
  • Provision to set grace period for receipt of installments
  • Provision to enter holiday to waive late fee from subscribers on holidays
  • Suspense account maintenance and its adjustment in to installment
  • Collection of documents and entry on document release
  • Provision for daily collection (Subscriber wise & Ticket wise)
  • Dali collection through Palmtop system
  • Subscriber grouping and transfer installment amount among group
  • Multiple daily collection transfer to installment receipt to ease the data entry works
  • Provision for daily collection payment in case of excess amount
  • SMS facility on confirmation of daily collection receipts
  • Easy entry of auction /prize and automatic calculation of next installment
  • Subscriber history during auction/prize entry
  • Charge various charges against ticket like documentation charges, writing fee, postage etc
  • Provision for chit payment (partial or full) before the due date to the prized/auctioned subscriber
  • Calculation of interest for the remaining period
  • Provision to transfer chit amount to separate bank account on due date
  • Installment adjustment from the deposit amount of chit amount
  • Automatic accounting of chit advance on auction/prize entry
  • Guarantors and documents details for chit payment
  • Provision for Cheque printing
  • Provision for keeping chit payment arrears
  • Provision for club security documents given in lieu of other chits
  • Assessment of guarantors existing liability
  • Provision for lean FDR as chit security and adjust interest to installment
  • Monthly fund requirements statement of chit payment
  • Provision for day closing
  • Provision for cash tallying and denomination entry
  • Day's business summary and automatic SMS and Email to operation head of the company
  • Summary of cash and bank balances
  • Provision for day open
  • Day open SMS to the concerned operation head of company
  • Daily collection through palmtop computer
  • On the spot printing and issuing of daily collection receipt
  • Easy and trouble free data transfer from palmtop to software
  • Listing of cancelled daily collection receipts
  • Easy cash and cheque tallying of daily collection
  • Provision for pass book loan to the non prized subscriber
  • Automatic calculation of loan interest
  • Multiple loans against various tickets
  • Provision to write off nominal outstanding amounts and its automatic accounting
  • Reports includes periodical receipt register, daily collection register, personal Ledger, daily collection personal ledger, defaulters list, liability statement, document register, commission register, address list, chit schedules, R & D statement ect.