Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Affordable pricing with a straightforward structure allows for unlimited member additions alongside automated share distribution. The software facilitates compliance with all Nidhi regulations, enabling seamless preparation of returns and data reconciliation processes. It includes features such as all necessary Nidhi forms, interest rate tools, and calculators tailored for daily operational tasks. Users can easily manage the initiation of deposits and loans, along with member creation and modifications. Automated deposit and loan forms, as well as the generation of bank statements and passbooks, contribute to a comprehensive deposits module. The platform also offers auto-calculated interest rates, tax deduction at source (TDS) for clients, and online saving forms for fixed deposits (FD) and recurring deposits (RD). Additionally, an integrated internet banking feature streamlines transactions, while an automated employee module eliminates the need for manual paperwork, simplifying salary and incentive calculations. The software includes an auto Nidhi compliance module for efficient NDH-3 preparation, along with a reminder system for upcoming due dates and alerts regarding any compliance issues. Users can also benefit from a mobile application and robust reporting capabilities, alongside a complete loan module that encompasses everything from loan forms to procedures and calculators, ensuring an all-encompassing financial management solution. With these extensive features, the software significantly enhances operational efficiency for Nidhi institutions, making it an invaluable tool for managing finances effectively.
Description
SERVICE SYSTEM - a newly developed loan software designed for Windows featuring a user-friendly graphical interface for point-and-click functionality, which includes tools for calculating interest based on both fixed and variable rates, generating customer statements, processing payments, managing aged receivables, and providing delinquency reports alongside customer notifications. Additionally, it offers features for notes and comments with follow-up triggers, as well as detailed collection reports and inquiry displays, ensuring that users have access to a complete loan account history from inception to payoff. The software also facilitates payoff worksheet calculations that account for prepayment penalties, assesses late charges, manages payment reversals, and generates 1098 tax forms, while enabling investor tracking with distribution payments and 1099 tax forms. Moreover, it seamlessly interfaces with loan origination systems, general ledger software, Excel spreadsheets, report writers, and custom applications, while supporting Credit Bureau reporting in the standard metro2 format. An ACH interface is included for automatic deposit of payments, and users can create customized, professional-grade color forms incorporating the company logo, remittance address, and contact phone number. Overall, this comprehensive software solution streamlines the loan management process for financial institutions.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
$300 per year
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Hubco Technologies
Founded
2016
Country
India
Website
www.hubco.in/nidhi-company-registration
Vendor Details
Company Name
Twenty-First Century
Country
United States
Website
www.21stcenturycompany.com
Product Features
Banking
ATM Management
Yes
Compliance Tracking
No
Corporate Banking
No
Credit Card Management
Yes
Credit Union
No
Investment Banking
No
Multi-Branch
Yes
Online Banking
Yes
Private Banking
Yes
Retail Banking
Yes
Risk Management
No
Securities Management
No
Transaction Monitoring
Yes
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
No
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
Yes
Customer Database
Yes
Fee Management
No
Investor Management
Yes
Loan Processing
Yes
Student Loans
Yes