Chitty Fund Management Software Kerala – Digital Chit Fund System | Dimensions
Manage the complete Chitty lifecycle — subscriber enrollment, ticket allocation, auctions, installment collection, prize disbursement and accounts, with organization-defined operational procedures.
This software is designed to manage Chitty (Chit Fund) operations efficiently and systematically. It supports the complete lifecycle of Chitty management, including subscriber enrollment, ticket allocation, auction handling, installment collection, prize disbursement and account maintenance. The business rules and operational procedures are defined by the organization conducting the Chitty operations. The system follows standard Chitty management practices while providing flexibility to accommodate organization-specific requirements, ensuring accurate monitoring, secure transactions and comprehensive reporting.
Key Modules and Features
1Chitty Scheme Management
- ›Chitty Scheme Definition (Duration, Amount, Members)
- ›Commencement Date Setup
- ›Foreman Commission Configuration
- ›Prize Money Calculation
- ›Multi-Scheme Management
- ›Chitty Master
- ›Fixing Installments for Chitty
- ›Chitty Closing with Links to Other Chitties of the Same Subscriber
2Subscriber Management
- ›Member Enrollment & KYC
- ›Installment Collection
- ›Default Tracking & Notices
- ›Surety Management
- ›Member Ledger
- ›Subscriber Master
- ›Linking Loans with Personal ID and Biometric Identification Provisions
- ›Collection of Proxy Forms
- ›Identification Documents
- ›Centralized and Branch-Level Notice Formats
- ›Centralized and Branch-Level Reminder Formats
- ›Automatically Generated Reminders with SMS Provision
- ›Notices
- ›Ticket Allocation
3Auction Management
- ›Auction Scheduling
- ›Bid Registration
- ›Lowest Bid Winner Selection
- ›Prize Amount Calculation
- ›Dividend Distribution to Non-Prized Members
- ›Dividends Management and Related Works
- ›Adjustment of Dividends Not Given
4Financial Management
- ›Installment Receipts
- ›Prize Money Disbursement
- ›Foreman's Account Management
- ›Loan to Prized Subscribers
- ›Interest & Penalty Calculation
- ›Installment Payment at Another Branch through the Accounts Module (Indirect Method)
- ›Daily Collection of Installments
- ›Collection Agent Settlement
- ›Integration with Financial Accounts, Avoiding Voucher Re-entry in Most Cases
View full screen5Compliance & Reports
- ›Kerala Chitties Act Reports
- ›Registrar of Chitties Reports
- ›Income Tax Reports
- ›Audit Reports
- ›MIS Reports
- ›Commission Management Reports
- ›Subscriber Due Reports at Branch and Head Office Levels
- ›Standard Chitty Reports and Reports Specified during System Study
View full screen6Company, Branch & User Administration
- ›Company Master
- ›Branch Master
- ›User Master
- ›User Rights
- ›Higher-Level User Controls to Alter Dates and Change Percentages
Why Choose Dimensions?
25+ Years of Experience
Serving financial institutions since 2000 with deep domain expertise.
RBI & MCA Compliant
Built with regulatory compliance at the core — not as an afterthought.
Multi-Branch Support
Manage unlimited branches with real-time sync and consolidated reporting.
Dedicated Support
Onsite implementation support and dedicated helpdesk for all clients.
Cloud & On-Premise
Flexible deployment options to meet your security and infrastructure needs.
Continuous Updates
Regular updates to stay current with regulatory changes and new features.
Frequently Asked Questions
What is Chitty Dimensions software?
Chitty Dimensions is specialized chit fund management software for chitty companies operating under the Kerala Chitties Act and the Chit Funds Act 1982, covering all operations from scheme setup to prize disbursement.
Is Chitty Dimensions compliant with the Kerala Chitties Act?
Yes. Chitty Dimensions generates all reports required under the Kerala Chitties Act and for the Registrar of Chitties compliance.
How is dividend calculated in Chitty Dimensions?
Dividend is automatically calculated based on the prize money saved (difference between full chitty value and winning bid), divided equally among all non-prized subscribers after deducting foreman commission.
Can it manage multiple chitty schemes simultaneously?
Yes. Chitty Dimensions supports unlimited concurrent chitty schemes with separate subscriber lists, auction schedules, and accounts.
Can subscribers pay installments at another branch?
Yes. Subscribers can pay installments at another branch through an indirect method using the accounts module. Financial-account integration avoids re-entering vouchers in most cases.
Does Chitty Dimensions support reminders and notices?
Yes. It includes centralized and branch-level notice and reminder formats, notices, and automatically generated reminders with an SMS provision. Subscriber due reports are available at branch and head office levels.
Related Products
NBFC Dimensions
NBFC Dimensions is a comprehensive web-based ERP solution designed exclusively for Non-Banking Financial Companies. From gold loan origination and deposit management to debentures, vehicle loans, housing loans, traders loans, chitty management, share management, investments, legal proceedings, and full financial accounting — every NBFC workflow is covered.
Learn More →Nidhi Dimensions
Nidhi Dimensions is purpose-built ERP software for Nidhi Companies registered under the Companies Act 2013. It covers every operation mandated by RBI and MCA norms — from share management and ROC filing to gold loans, fixed deposits, recurring deposits, savings accounts, and loans against property and securities.
Learn More →Accounting Dimensions
Accounting Dimensions is a comprehensive online financial accounting software for businesses of all sizes. It covers the complete accounting cycle — from multi-level chart of accounts and primary books through trial balance, Schedule VI balance sheet, budgeting, multi-currency, voucher approval workflow, and management information system.
Learn More →HR & Payroll Dimensions
HR & Payroll Dimensions is a complete human resources management system that automates the entire employee lifecycle — from recruitment and onboarding to payroll processing, leave management, appraisals, and end-of-service settlements. Fully integrated with financial accounting for seamless payroll-to-accounts workflow.
Learn More →Ready to Transform Your Operations with Chitty Dimensions?
Join 100+ organizations across India that trust Dimensions Cybertech for their software needs.
Get Started Today