Who Can Use This Software & How ?
Credit Co-operative Society

This type of society are mostly developed in Urban areas. In this anybody who is staying in the permissible area of society can become member of society. They collect deposit from the members and give Loan to the needy member. The purpose to develop the society are different in the different societies. Many Societies are developed on the base of Social Welfare, Political interest, Caste, Religion etc.

Employee Credit Co-op. Society

To help the Employee in the base of co-operation Employee and Staff Welfare credit society developed in all over India. Most of the Government Departments, Private & Ltd. Companies etc. having Emp. Credit society. In this Emp. Societies only the employee of the respected organization can became member & purchase share of society. After that Member deposit the money in the society by the way of Comp. Saving, Recurring, Fix Deposit etc. and after that the member who has the requirement of money can take Loan from the society. This type of Societies are generally not working on the aim of Profit, so the rate of interest is very less for Loan. By this way Societies are working very Smoothly.

The recovery of Emp. Societies are 100% because Society send the recovery sheet to the account department showing that how much amount should be deduct for Society from the salary of Employee ? and when Account department do the salary among that they first deduct the society's demand & than do the salary , so no chance of delay in recovery. Also, if person expire or his salary is not enough than in that case from provident fund first society's amount is deducted so no recovery problem in society.

Financiers & Shrofs

Financiers & Shrofs who are giving finance to the public their all accounting system are there in the software. They can do the entry of the Loan, count interest Flat/Reducing as per their requirement. They can start any no. of Recurring , Draw & deposit schemes. They can get recovery lists also.

Housing Credit Co-op. society

Housing society is a Association of House holders which are having house in that housing society. It collects Maintenance & Transfer fees from Members and manage all day to day payments, receipts & rents. this is non-profit organisation of members of society.

Micro Finance Provider

Micro finance is usually understood to entail the provision of financial services to micro-entrepreneurs and middle or lower middle class peoples, which lack access to banking and related services due to the high transaction costs associated with serving these client categories. The two main mechanisms for the delivery of financial services to such clients are (1) Relationship-based banking for individual entrepreneurs and small businesses; and (2) Group-based models, where several people come together to apply for loans and other services as a group.

Nidhi Company / N.B.F.C.

Nidhi Company or N.B.F.C. can also use this software. Because this software is developed in such a way that all Deposit schemes and Loan schemes can be set in it. You can develop any no. of Recurring or fix deposit scheme & can set it's policy as per requirement. The Agent commission will be calculated automatically & will transfer in accounts or can pay in cash.

Trusts - Working for Member welfare

Many Trust who wants to maintain record of their members, wants to write the account of the trust can also vayak software.

This type of Societies are developed in the rural area in Villages. Anybody who is the land holder in the village can become member of the society. Society gives them Loan for fertilizers, Seeds & Crop on the bases of their Land.

Purchase & Sales Union

Purchase & Sales Union at district level or Tehsil level can use this software for sale - purchase, Account , Member's detail with shares etc. The Person who wants to start personal schemes of R.D. or F.D. can also use this software.

Milk Society etc.

This type of Society working in the villages. They collect the milk as per fat from the members & give it to the Big Milk dairy. A common person if gives their milk to the Businessman than can't get proper rates, But due to Milk Society they get appropriate rates for their milk.