Chit Fund & Savings Group Software
Groups, members, collections, auctions and recovery — fully tracked.
Chit fund and rotating savings group management software that tracks groups, members, monthly instalments, auctions, prize payouts, branches, agents and recovery in one system, with instant receipts and reports. Starting from AED 2,400; final price depends on your branches, users and integrations.
Pricing
Starting from AED 2,400
Final price depends on your modules, users, integrations and data migration. We confirm it in a written quotation before any payment.
- Chit group management
- Member & KYC management
- Collections & receipts
- Auction management
- Recovery management
- Branches & agents
The business problem
Operators running many groups lose time reconciling collections, auction results and commissions by hand. Missed instalments are spotted late, branch performance is unclear and members call to ask for their balances.
Main modules
- Chit group management — group value, duration, instalment and commission rules
- Member & KYC management — enrolment, documents and verification
- Collections & receipts — instalment tracking with instant receipts
- Auction management — schedule auctions, record bids and calculate prizes
- Recovery management — overdue tracking, assignments and follow-ups
- Branches & agents — branch managers, agent-referred members and performance
- Accounts & reports — ledger, cash and bank entries with built-in reports
- Audit & read-only access — independent oversight role
Who it is for
- Licensed chit fund companies
- Community and employee savings-group administrators
- Multi-branch operators
Technology
Web-based application built with Laravel (PHP) and MySQL, responsive on desktop, tablet and mobile browsers, with role-based access and audit logs. It can be hosted on your own server or cloud account. Android/iOS apps and integrations (payment gateways, SMS, WhatsApp, accounting software) are quoted as add-ons.
Benefits
- Unlimited groups and members
- Clear records for every instalment and auction
- Fewer missed payments through recovery workflows
- Branch-level visibility for management
Pricing
Starting from AED 2,400 — final price depends on requirements. We confirm modules, users, integrations and timeline in a written quotation that you can accept online from your customer dashboard.
Frequently asked questions
The operator. The software records and reports your operations; your licence and the rules of your groups must meet the regulations that apply to you.
No. AED 2,400 is the starting price for a standard setup. The final price depends on the modules, number of users, customisations, integrations and data migration you need. You receive a written, itemised quotation before paying anything.
For custom-developed projects the source code can be handed over under the agreed licence terms in your quotation. Hosting can be on your own server so your data stays under your control.
Request a demo of Chit Fund & Savings Group Software
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