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Ananda Technologies Pvt. Ltd.
Chit · Chit fund managementLIVE

Chit fund software to run groups, auctions and collections

Chit is chit fund software that keeps every group, member, auction, instalment and dividend in one place, so you always know who has paid and who is due. It is built by our team in Nanded, and chit fund businesses in the region already use our software.

  • Free demo
  • Setup in 1–2 days
  • Marathi · Hindi · English training
Setup & training
1–2 days
Built for
Chit fund and bhishi businesses
Free demo
At our office, your office or online
Language support
Training in Marathi, Hindi or English

Made for the business you run

Set up for your work, your staff and your way of doing things.

  • Registered chit fund companies
  • Chit and bhishi organisers running several groups
  • Finance offices that run chits alongside lending
  • Chit businesses in Nanded and Marathwada moving off paper

What changes with Chit

Without Chit
  • With ten groups running, I can’t remember who has taken the chit and who is still waiting.
  • Working out the dividend after every auction is slow and members question the numbers.
  • Collecting instalments from every member and marking them in the book takes the whole day.
  • Members call to ask how much they have paid and we have to search through registers.
  • At month end, nobody can tell me the exact position of each group.
With Chit
  • Every group shows who has taken the chit and who is still waiting.
  • The dividend is worked out after each auction, with clear numbers.
  • Instalments are marked as they are collected, member by member.
  • Any member’s payment history is one search away.
  • Each group’s position is ready on a report, any day.

Everything Chit does for you

Chit fund software for groups, auctions, instalments and dividends.

Groups and members

Create chit groups with value, duration and number of members, and add members with their contact details.

Auctions and bids

Record each month’s auction and the winning bid, and see which members have already taken the chit.

Dividends worked out for you

After each auction, the dividend and each member’s payable instalment are calculated automatically.

Instalment collection

Record instalments member by member and issue a receipt for every payment.

Due lists

See which members are due or overdue in each group, with the amount pending.

Group and member reports

Group-wise position, member statements and collection reports without counting by hand.

Staff logins

Give staff their own login so every entry is recorded under the person who made it.

Take a tour of all 5 modules

Pick a module to see its screen and everything it does.

Chit · Groups

Groups

  • Chit value, duration and number of members
  • Start date and monthly auction schedule
  • Group status at a glance
See Groups in a live demo

From first call to daily use

  1. 1

    Free demo

    Call or WhatsApp us and we will show you Chit with groups like yours, at our Nanded office, at your office or online.

  2. 2

    Setup and opening data

    We set up the software for your office and help enter your running groups, members and amounts already paid.

  3. 3

    Training

    We train you and your staff on auctions, collections and reports. Setup and training usually take 1–2 days.

  4. 4

    Daily use

    Record collections as they come in, run the monthly auction, and check due lists and group reports any time.

  5. 5

    Support and renewals

    Support is on phone, WhatsApp and on-site in Nanded, and we stay in touch for renewals and updates.

Your data stays safe and yours

  • Each staff member gets their own login, so you know who made which entry.
  • Owner-only reports can be kept away from staff logins.
  • We set up a regular backup routine with you so a copy of your chit data is always kept safe.
  • Ask us in the demo how and where your data is kept for your setup.

Questions people ask about Chit

Still have a question?

Talk to the team that will set it up for you.

WhatsApp us

What is the price of Chit?

The price depends on your setup and licence period. Call or WhatsApp us for a quote after the free demo.

Can I see it working before I buy?

Yes. We give a free demo at our Nanded office, at your office or online, using groups like the ones you run.

Can you enter my running groups?

Yes. During setup we help enter your running groups, members, auctions done so far and amounts already paid, so you continue from where you are.

Is the software in Marathi?

Our team speaks Marathi, Hindi and English and trains your staff in the language they prefer. Ask us in the demo about Marathi on screens and receipts.

How is the dividend calculated?

After you record the auction and winning bid, Chit works out the dividend and each member’s payable instalment. We set it up to match how your groups work.

What support do I get?

Support is on phone and WhatsApp, and our team can visit your office in Nanded when needed.

See Chit working — free demo

Tell us about your business. We show Chit with entries like yours, at your place or on a video call.

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