Chit fund software that runs your whole company
eChitFund is a complete, web-based chit fund management software for registered chit fund and kuri companies. Manage groups, subscribers, auctions, prize money, agents, collections and accounts — across every branch — in one secure system.
What is eChitFund?
eChitFund is chit fund ERP software developed by R S Computer IT Solution, Pune. It automates the full chit lifecycle — group creation, ticket enrolment, monthly instalments, auctions, dividend and prize-money distribution, foreman commission, agent commission, arrears follow-up and accounting — for chit fund and kuri companies operating under the Chit Funds Act, 1982 and state rules. It is used by 50+ chit fund companies in India.
Built for
- Registered chit fund companies
- Kuri / kuries companies
- Multi-branch chit groups
- New companies starting chit business
Everything you need, nothing you don't
Subscriber & group management
Create groups of any value and duration, enrol subscribers to tickets, handle transfers, substitutions and KYC details.
Auction & prize management
Record auctions, calculate bid discount, dividend, foreman commission and prize money automatically.
Collections & arrears
Instalment receipts, due lists, penalty/interest on arrears and collection route sheets for field staff.
Agent management
Agent-wise enrolments, collections and commission calculation with clear statements.
Integrated accounting
Every transaction posts to the books — cash, bank, journal, ledger, trial balance, P&L and balance sheet.
20+ ready MIS reports
Group-wise, branch-wise and subscriber-wise reports, auction registers and outstanding summaries.
SMS & email alerts
Automatic due reminders, receipts and auction intimations to subscribers.
Multi-branch control
Centralised head office with live branch data, consolidated reports and user-level permissions.
Member self-service portal
ERP edition lets members check their chits, dues and statements online.
Pick the edition that fits today — upgrade any time
| Feature | Basic | Standard | Enterprise | ERP |
|---|---|---|---|---|
| Member, group & subscription management | ✓ | ✓ | ✓ | ✓ |
| Core reports | ✓ | ✓ | ✓ | ✓ |
| Auction & prize management | — | ✓ | ✓ | ✓ |
| SMS alerts | — | ✓ | ✓ | ✓ |
| Multiple branches | — | — | ✓ | ✓ |
| Advanced MIS reporting | — | — | ✓ | ✓ |
| Website integration & member portal | — | — | — | ✓ |
| Customisable modules | — | — | — | ✓ |
Pricing depends on edition, branches and customisation. Request a quote.
Live in days, not months
Consultation
We understand your business and requirements.
Setup
We configure your company, branches, users and rules.
Data migration
Existing records and opening balances are imported.
Training & support
Your team is trained and supported directly by us.
eChitFund — frequently asked questions
What is chit fund software?
Chit fund software is an application that manages the operations of a chit fund company — groups, subscribers, monthly instalments, auctions, dividends, prize money, commissions, collections and accounts. eChitFund does all of this in one web-based system.
Does eChitFund calculate dividend and foreman commission automatically?
Yes. When an auction is recorded, eChitFund calculates the bid discount, foreman commission, dividend per ticket and net prize money, and posts the entries to accounts automatically.
Can eChitFund handle multiple branches?
Yes. The Enterprise and ERP editions support multiple branches with centralised control, branch-wise users and consolidated head-office reports.
Is eChitFund suitable for kuri companies?
Yes. eChitFund is designed for both chit fund and kuri (kuries) companies, including those in Maharashtra, Tamil Nadu, Karnataka and Kerala-style kuri operations.
Can subscribers see their account online?
Yes. The ERP edition includes website integration and a member self-service portal for checking chits, dues and statements.
How much does eChitFund cost?
Pricing depends on the edition, number of branches and customisation required. Contact us for a quote.
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Interested in eChitFund?
Call or WhatsApp us for pricing and details, or visit the eChitFund website for the complete product information.