Different Chit Fund companies follow different auction and payment models. Some companies conduct auctions every month, while others follow a fixed-chart model without monthly auctions. Some companies also conduct auctions based on a percentage system.

Our software supports all these different chit models with flexible and accurate ticket management.

For example, a single ticket can be split between two or more members based on an agreed percentage or equal-sharing arrangement. Managing split tickets manually can be complicated, especially when calculating auctions, payments, due amounts, dividends, and receipts.

Our Chit Fund Software simplifies this entire process. It clearly manages split tickets and maintains accurate records for each customer and ticket. You can easily manage ticket allocation, split percentages, auctions, payments, due amounts, receipts, and customer-wise transactions in one centralized system.

This helps Chit Fund companies reduce confusion, avoid calculation errors, and maintain clear and accurate reports for every ticket and customer.