Microfinance Software – Software for Finance Account
The microfinance companies are those companies/ society who provide financial transactional facilities for small scale businesses, micro-entrepreneurs, financial week and low income people/ customers which cannot approach to core banking organizations due to high processing and transactional charges. The microfinance societies also offer loan facilities for such small scale business, low-income customers, micro-entrepreneurs and accepts savings in the form of deposits, transfer of funds, insurance, RD (recurring deposit) and FD (fixed deposit) etc.
MLM Yug - Microfinance Software Development Company is fully dedicated to develop microfinance software and has years of experience to develop microfinance software. The consultant team is dedicated to guide our clients timely.
Microfinance Software Module
- Automatic Accounting (ledger, day book, loss and profit, balance sheet )
- Loan Management System (Personal, Corporate, Auto / Vehicle Loans, Property, Gold, Agriculture )
- fixed deposit, recurring deposit (RD FD Software)
- Mobile Banking
- Cooperative Society Software
- POS & ATM Card
Some Features of Microfinance Software
In any company involved in banking or lending money, there is absolute need to have a system for maintaining details of the customer, the details regarding any and every transaction, and other sensitive information in a secure and efficient way. MLM Yug develops Microfinance software, an online application that allows the user to perform these functions in a simple yet efficient manner. It helps cut down excess time and unnecessary effort put to get the job done. The Microfinance software aids everyone from someone newly starting the business to someone already in the field not only reduce efforts to do the job but to also monitor the progress and see statistics to make increase yield.
Micro finance is a sort of tool that helps the poor save some considerable amount of money for future financial needs by providing them access to income generation sources, building and property assets, and mainly, protection and security of the data regarding the client. The microfinance software lends money in the form of loans to the poor to help them establish a stable financial position in order to eradicate poverty. It gives them the power to not only save money and gain interest but also enables them to make investments that yield profits for a better standard of living.
- Due installment verify report.
- Desktop application for bond and receipt printing.
- Late deposited installments penalty calculation and statement for late deposited customers.
- Agents commission report through which administration can issue cheques for agents.
- Plan-wise commission statement of agents.
- Company administration can view list of customers of particular agent.
- Maturity list of customers.
- various reports for analytics.
- Many more reports and forms to manage microfinance society or organization.
- SMS, Mobile Banking