Nidhi Company Software

What is Nidhi Company?

Nidhi Company is a type of Non-Banking Financial Company (NBFC). It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of mutual benefit.The basic concept of Nidhi is the “Principle of Mutuality”.

Nidhi Company Software by SNS System P. Ltd.

SNS System provides a complete software solution for any Nidhi company business. It is a one-stop solution for everyday operations and reporting.

Nidhi Company Software Features

The software has a crisp Gateway to all features. An admin can restrict access to users based on role. The accounts are secured with OTP-based authentication. The software ensures complete security both to the customers, operations team, and the management.

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    Nidhi Company Software Features

    State-of-the-art-technology

    The software is created using the latest technology. It is user-intuitive and user-friendly. We incorporate customer requirements into the system seamlessly which makes it easy to master.

    Run your daily operations with ease

    Nidhi Software allows you to add members, agents, accounts at ease. The system creates a Day Book that lets you trace daily transactions.

    Finance and Accounts

    The software has all the accounting systems required to manage a complete Nidhi Company and its operations. You can trace cheque clearance, loan ledgers, Deposits, Fund transfers, agent ledgers, and many others.

    Tiered Approval System

    A loan or a member can be first created by a user of the system and then it can be approved by a higher authority. The approval system ensures that there is a proper process in place for approving entries into the system.

    Defined areas for all Nidhi Company Functions

    The functions of a Nidhi company various functions, and the software.

    Business Management

    This section has areas for agents, members, and account creation.

    Loan Management

    This section has menus for loan creation, disbursement, and loan monitoring.

    Reporting Tools

    You can create a multitude of reports that help in showing the state of business, agent collection, loan overdue reports and MIS reports.

    External Bank Integration

    Our Software comes can be integrated with an external bank’s net-banking facility. This gives the members of the facility.

    Snapshots of Nidhi Company Software