What is Nidhi Software and its Functionalities?
If I ask you, what is Nidhi Software? It is a group of companies that comes under Non-Banking Financial Company (NBFC) and can take a deposit from its members lend to its members. It is recognized under section 620A of the Companies Act, 2013. Nidhi Company software authorizes the Reserve Bank of India to give directions for acceptance of deposits.
Nidhi Software is the best banking software in India that helps you focus on your marketing and consumer management activities by speeding up your work and reducing the hours needed to perform time-intensive management and organizational responsibilities. It also improves effectiveness out the cost and increasing profitability. This software is fully customisable and can be integrated with real-time Mobile, SMS, and Email system.
Their main motive or objective is to save more money and Lending money to receiving deposits from its members only, for their benefits. The main advantages that they offer are as follows:
- Web & Mobile Based- We all know that we all live in a digital world; therefore, the Nidhi software gives you the flexibility to operate this software from Mobile and desktop.
- User Friendly- We offer Nidhi software that is very user-friendly software. The system has a simple user-friendly interface and features that anyone can understand with little efforts.
- Robust & Secure- Nidhi software is a Robust, complete solution for Deposit, Term deposits like Pigmy, RD, FD, MIS, and Loan management Software. Our software has been specially designed to cater to the technological needs of the end-user.
- Cost-Effective- This is the most crucial point to consider; our software is cost-effective. It helps in cutting the overall cost of the operations that we are looking forward to.
The basic functionalities that Nidhi software offers are as follows:
- RD Management
- FD Management
- Loan Management
- Unlimited Branches
- MIS Reports
- Operator Login
- Member Login
- Stationary Printing
- SMS Notifications
We have developed Nidhi Software that is simple and easy to understand. We persistently monitored our process and methodologies. Anyone can master this software quickly with basic computer knowledge, which is the most peculiar benefit of using this sophisticated software.