EDP for Private Chitfunds

The Problem We Solve

Many private chit fund companies rely on manual, paper-based processes, leading to inefficiencies, errors, and a lack of transparency in managing member contributions, auctions, and payouts.

What Makes It Different

Our EDP is one of the few digital solutions built specifically for the unique operational workflows of private chit funds. It includes compliance features tailored to local financial regulations and offers a mobile app for agents to manage collections on the go.

Core Features

• Automated Member Management
• Online Auction Processing
• Real-time Collection Tracking
• Comprehensive Financial Accounting
• Automated Payout and Dividend Calculation

Benefits & Impact

• Dramatically reduced manual administrative work and potential for human error.
• Increased transparency and trust among members with access to real-time data.
• Improved financial reporting and compliance for the chit fund operators.
• Provided a scalable solution to support business growth.