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 We can then customize this to bring the precise workflow and functionality your organization
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india,which will automate your business processes, making your organization additional
effective and responsive. Nidhi Company Software is created to meet your specific needs. It can
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Nidhi company registration

nidhi corporations in India are created for cultivating the habit of thrift and savings amongst its
members. Nidhi corporations are allowed to borrow from its members and lend to its members.
Therefore, the funds contributed for a Nidhi company are solely from its members
(shareholders). Nidhi corporations are minute when put next to the banking sector and is mainly
wont to cultivate a savings amongst a gaggle people. to find out a lot of concerning beginning a
Nidhi Company in India, you'll be able to conjointly ask the article ?Starting a Nidhi Company?
found within webinfotech learning Center for Nidhi software . Above discussion tells that nidhi
software in up is very favourite and small business related non banking financial sector. The
people of up will be benefited by us , we deliver this software in up also all over india. During
this article, we tend to primarily verify the nuances for registration of a Nidhi Company in India.

Nidhi company software

1. carry on the business of invoice fund, rent purchase finance, leasing finance, insurance or
acquisition of 2. securities issued by any body corporate; 3. issue stock, debentures or the other
document by any name or in any type whatsoever; 4. open any accounting with its members; 5.
acquire another company by purchase of securities or management the composition of the Board
of administrators of the other company in any manner some or enter into any arrangement for the
amendment of its management, unless it's passed a special resolution in its general meeting and
additionally obtained the previous approval of the Regional Director having jurisdiction over
such Nidhi; 6. carry on any business aside from the business of borrowing or loaning in its own
name: given that Nidhis that have adhered to all or any the provisions of those rules might offer
locker facilities on rent to its members subject to the financial gain|income} from such facilities
not exceptional twenty per cent of the gross income of the Nidhi at any purpose of your time
throughout a yr. 7. accept deposits from or lend to anyone, aside from its members; 8. pledge any
of the assets lodged by its members as security; 9. take deposits from or lend cash to any body
corporate; 10. enter into any partnership arrangement in its borrowing or loaning activities; 11.
issue or cause to be issued any advertising in any type for soliciting deposit: given that personal
circulation of the main points of mounted deposit Schemes among the members of the Nidhi
carrying the words ?for personal circulation to members only? shall not be thought-about to be a
poster for 12. soliciting deposits. 13. pay any brokerage or incentive for mobilising deposits from
members or for preparation of funds or for granting loans.

nidhi mutual benefit company

 The word ?Nidhi? in Nidhi Company comes from a word form historically which means
?treasure?. In its newer context within the Indian monetary sector it refers to any mutual profit
society notified by the Central / Union Government as a Nidhi Company. they're created
primarily for the motive of cultivating the habit of thrift and savings among their members. The
companies doing Nidhi business, viz. borrowing from members and loaning to members solely,
square measure acknowledged underneath completely different names like Nidhi, Permanent
Fund, profit Funds, Mutual profit Funds and Mutual profit Company. Nidhis(PH-
09330160431)square measure additional in style in South Republic of India and square measure
extremely localized single workplace establishments. they're mutual profit societies, as a result
of their dealings are restricted solely to the members; and membership is proscribed to people.
The principal supply of funds is that the contribution from the members. The loans square
measure given to the members at comparatively cheap rates for functions like house construction
or repairs and square measure usually secured. The deposits mobilized by Nidhis don't seem to
be a lot of compared to the organized banking sector. We are fully nidhi software company for
long time.visit our blog about how to register nidhi company and details of nidhi company
software .

Software Features
Master Entry Module
 Branch Master
 Region Master
 State Master
 Plan Master
 Rank Master
 Commission Master
 Relation Master
 Bank Master
 Configuration Master
 Target Master
 Prize Master
 Voucher Master
 Account Master
 Dividend Master
 Maturity Master
 Loan Master
 Interest Master
 Financial Year Master

Member / Associate Module

 Member / Associate Entry
 Member / Associate Search
 Member / Associate Joining Report
 Member / Associate Detail Report
 Member / Associate Wise Search
 Associate Chain
 Member / Associate Down line
 Member / Associate Transfer
 Member / Associate Rank Promotion
 Active & Inactive Member / Associate
 I-card Print
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Investment Module
 Investment Entry
 Renewal Entry
 Multi-renewal Entry
 Multi-investment Multi-renewal Entry
 Investment / Investment Renewal Approve
 Renewal Pending List Branch / Associate Wise
 Search Investment
 Business Report
 Business Report Plan Wise
 Business Report Summary
 Business Certificate / Bond Approve
 Business Certificate / Bond Print
 Spot Commission Payment
 Certificate / Bond Dispatch Tracking

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

Savings Account Module

 Account Opening Entry
 Account Approval
 Account Transaction
 Account Transaction Approval
 Auto Interest Calculation
 Auto Interest Payment
 Account to Account Transfer
 Account Search
 Account Ledger
 Account Report (All Category)
 Account Passbook Print

Loan Module
 Loan Master
 Loan Group Master
 Single Loan Entry
 Group Loan Entry
 Loan Requisition
 Loan Approval
 Loan Disbursement
 Loan EMI Payment
 Loan Payment / Approval Report
 Loan Disbursement Report
 Loan Search Member / Branch Wise
 Loan Account Ledger

Maturity Module
 Maturity Master
 Maturity Requisition
 Maturity Approval
 Maturity Payment
 Maturity Part Payment
 Maturity Re-investment
 Maturity Search (All Category)
 Maturity Report (All Category)
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Approval Module
 Member Joining Approval
 Associate Joining Approval
 Investment Approval
 Investment Renewal Approval
 Certificate / Bond Approval
 Savings Account Approval
 Savings Account Transaction Approval
 Loan Approval
 Maturity Approval
 Payment Approval
 Cheque Business Approval
 Other Approvals

Admin Module

Admin Module
 User Management
 Create User ID and Password
 User Type Master
 User Tracking
 User Block / Unblock
 Modify & Delete Any Data
 User Activity Report
 Send Notifications to Members and Associates
 Inter Branch Communications

Voucher Module
 Voucher Master
 Voucher Root
 Voucher Generation
 Voucher Search and Print
 Voucher List Search and Print
 Voucher Summary Associate Wise
 Voucher Status Report Print and Pay
 Voucher Payment
 Advance Payment and Adjustment
 Voucher Payment Transfer to Savings Account




Payment Module
 Commission / Voucher Payment
 MIS Payment
 Spot Commission Payment
 Maturity Payment
 Advance Payment and Adjustment
 Loan Payment
 Prize Payment
 General Account Related Payment
 All Payments Transfer to Savings Account

Modification Module
 Member Modify
 Associate Modify
 Investment Modify
 Investment Renewal Modify
 Savings Account Modify
 Savings Account Transaction Modify
 Loan Modify
 Loan Approval Modify
 Account Related Entry and Payment Modify
 All Payment Modification
 All other kinds of Modification
 Accounts Module
 Cash Book / Bank Book
 Account Head Creation
 Expenditure Group Creation
 Budget Creation
 Expenditure Entry Requisition
 Expenditure Entry Approval
 Expenditure payment
 Other Income Entry
 Budget Expenditure Requisition
 Budget Expenditure Approval
 Budget Expenditure Payment
 Budget Expenditure Report
 Branch Fund Transfer
 Branch Fund Transfer Approval
 Day Book
 Trail Balance
 Auto Cash / Balance Sheet
 Cash Sheet Summary
 Bank Deposit Entry
 Bank Withdrawal Entry
 Bank Account Ledger
 Day End Denomination Entry
 Branch Day End Closing

Print Module
 Joining Acknowledgement Print
 I-card Print
 All Kinds of Money Receipt Print
 Bond and Certificate Print
 Passbook Print
 Voucher Print
 CLD Print

Search Module
 Member / Associate Search
 Investment Search
 Total Business Search (All Category)
 Associate Self and Team Business Search
 Loan Search
 Savings Account Search
 Approval Search
 All kinds of Payment Search
 All kinds of Print Pending and Due List Search
 Maturity Search (All Category)
 Team Wise Search (All Category)
 ?.. and many more (Upto 50 types of search)

Report Module
 All kinds of Member / Associate Report
 Business Report (All Category)
 Business Report Plan Wise
 Business Report Summary
 Associate Collection Report Branch Wise
 Associate Collection Report Rank Wise
 Associate Self and Team Business Report
 Savings Account Report
 Loan Report (All Category)
 Income Expenditure Report
 Bond / Certificate Print and Dispatch Report
 Cheque Business Report
 All kinds of Approval Report
 All kinds of Payment Report
 All kinds of Investment Report
 All kinds of Modification Report
 TDS Report
 All kinds of Account Related Report
 All kinds of Print Report

SMS Module
 Auto SMS
 Individual SMS
 Group SMS
 Notification SMS

Auto Generation Features

 Automatic Dividend Calculation
 Automatic Interest Calculation
 Automatic Voucher Generation
 Automatic Installment Generation
 Automatic Penalty Calculation
 Automatic EMI Calculation
 Automatic Cash sheet Generation

Member / Advisor Login Module

 Modify Password
 Update Some Information
 Check Their Self and Team Business
 Send Joining Requisition
 Send Investment Requisition
 Send Investment Renewal Requisition
 Loan Apply
 Loan EMI Payment
 Send Account Opening Requisition
 View Their Account Summary
 Transfer Fund to Other Account
 View Their Loan Status
 View Last 6 Months Voucher
 Utility Bill Payment
 View & Print Money Receipt
 Last Activity
 My Notification

HRM Module (Optional)

 HR Master
 a. Department Master
 b. Designation Master
 c. Holiday Master
 d. Salary Master
 Employee Master
 Weekly Off-day Setup
 Off-day Settings
 In and Out Timing
 Employee Leave
 Employee Leave Approval and Confirmation
 Attendance In and Out
 Leave Adjustment
 Salary Generation
 Salary Payment
 Print Salary Slip
 Employee Search
 Block / Unblock Employee
 Appointment and Offer Letter Print
 Attendance and Leave Report

Stock and Logistic Module (Optional)

 Stock Master
 Category Master
 Item Master
 Supplier Master
 Purchase Order
 Stock Received
 Order Book
 Scrap Items
 Distribution Requisition
 Distribution Requisition Approval
 Distribute Stock
 Sale Invoice
 Invoice Lookup
 Report
  a. Inventory Report
 b. Purchase Report
 c. Distribution Report
 d. Warning Report
 e. Sale Report
 f. Scrap Report
 g. Stock and Out-of-Stock Report

General Features
 Real Time Update
 Highly Secured
 All data are Encrypted
 Mass SMS /E-mail
 SMS / E-mail Notifications
 Fully Customizable
 All Reports for Audit Purpose
 User Friendly GUI
 Easy to Handle (Without having any computer knowledge)
 Bar Code Facilities
 24*7 Online Support

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