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Different Auction Types Of Genericchit Chit Fund Software


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Genericchit chit fund software application is very simple, high -quality, centralized data, each and every clicks safe and secure access, cost effective and most important implementation made easy. Our software automated system will reduced  the manpower work. A perfect solution to empower you to manage your chit fund business The Right Way. Your business needs are our priority and your growing business needs a comprehensive chit ERP. Its wide variety of features makes chit funds a pleasant  and  joyful experience.

During this covid time chit company not open the office, conduct the auction online auction bidding method, Genericchit already have online auction bidding system and have different types of auctions like that open chit, fixed chit, percentage base chit, auction chit, non-auction chit, etc..

Open Chit:

               Chit company conduct the auction, office or online calculate the bid amount, discount, dividend, company commission, next installment amount, auction payable amount  and everything calculate the software. this type of options are open chit

Fixed Chit:

             This type of chit funds not conduct the auction, discount, dividend, next installment amount, auction amount and everything before calculate the chit company. Which month asking the amount , that month how much amount are coming in the chat customer are taken the prized amount.