Nidhi Banking Software by Websoftex is an accessible and feature-rich nidhi banking application designed for the web and mobile. It has modules that cover the administration of every nidhi banking activity plus reliable reports that you can easily understand.
The accounting module of Nidhi Banking Software is configured after nidhi rules. The solution’s daybook, trial balance, general ledger, and financial statements reflect those. On top of that, interest calculation is patterned after accounting guidelines. Because of this, there will be no problems during the audit process in the future.
Additionally, everything in Nidhi Banking Software is secured stringently by Websoftex to assure clients that their information is in safe hands.
Show MoreEasy Member Management
Nidhi Banking Software by Websoftex has robust member management tools. Everything from member queries, shares, deposits, and loans of members can be managed from here by a staff. Members’ photos and signatures are stored in this section of the software, too, to ensure that a complete profile is maintained.
Multiple Account Types
Nidhi Banking Software can help your financial institution attract more customers because it can support multiple account types. It has the standard savings account, an overdraft account, and a cash credit account. There are tools for managing term deposits, too. With these different options, clients with varying needs can do business with you. As a result, you can expand your business operations.
Standing Instructions Administration
Daily monitoring of standing instructions is possible with Nidhi Banking Software. It lets you define your standing instructions and assists you in processing and posting them from there. The software is capable of showing you the status of standing instructions, too. On top of that, you can generate reports that can help you assess the state of standing instructions and make decisions.
Regularly Updated Daybook
Your institution’s daily transactions are recorded in a daybook. This particular feature of the Nidhi Banking Software ensures that you are aware of every activity such as cash transactions that go on in the business. This is complemented by the trial balance, which informs you of the financial condition of your company.
Feature-rich MIS
Monthly Income Scheme or MIS is at the core of Nidhi Banking Software. The platform has a wide array of features contained in its MIS module that assist managers in making decisions. This is possible because of the snapshots it offers regarding various services like membership, dividends and shares, term deposits, and loan accounts. The management can also generate reports that can aid them in focusing their efforts on particular aspects of the business.
Show MoreMulti-branch Management
Nidhi companies often have issues overseeing multiple branches. To address those concerns, Nidhi Banking Software has easy-to-use multi-branch administration and multi-user management panels.
Manual Accounting
Often, nidhi companies do their accounting manually. With Nidhi Banking Software, they can reduce their manual number crunching because the solution can produce reports that help in financial auditing.
Member Communication
Nidhi companies have members that need to be contacted for various purposes. However, it can be difficult to get in touch with them, as not every employee has their contact details. Nidhi Banking Software integrates SMS messaging that is capable of sending messages in different languages.


Bearing in mind businesses have distinctive business needs, it is only reasonable that they avoid selecting an all-in-one, ”best” software product. Regardless, it would be futile to pinpoint such application even among widely used software solutions. The sensible thing to do can be to list the varied key factors that entail inspection such as critical features, plans, technical skill ability of staff, company size, etc. The second step is, you must conduct the research fully. Read some Websoftex Nidhi Software evaluations and scrutinize the other software options in your list in detail. Such well-rounded research ascertain you weed out mismatched software solutions and choose the one that meets all the function your company requires.
Position of Websoftex Nidhi Software in our main categories:
Enterprises have different wants and requirements and no software platform can be just right in such a condition. It is useless to try to find a perfect off-the-shelf software system that meets all your business wants. The intelligent thing to do would be to customize the application for your specific requirements, staff member skill levels, finances, and other factors. For these reasons, do not rush and invest in well-publicized leading systems. Though these may be widely used, they may not be the best fit for your particular needs. Do your groundwork, look into each short-listed platform in detail, read a few Websoftex Nidhi Software ERP Software reviews, contact the maker for explanations, and finally select the application that offers what you require.
Websoftex Nidhi Software Pricing Plans:
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Websoftex Nidhi Software Pricing Plans:
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Quote-based Plan
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Nidhi Banking Software offers custom enterprise pricing plans. If you are interested in enhancing your operations with this software, you can ask for a quote from the vendor.
We realize that when you make a decision to purchase a ERP Software it’s vital not only to learn how experts rank it in their reviews, but also to discover whether the real people and businesses that purchased these solutions are indeed content with the product. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Websoftex Nidhi Software reviews across a broad range of social media sites. The data is then presented in an easy to understand format indicating how many clients had positive and negative experience with Websoftex Nidhi Software. With that information at your disposal you should be prepared to make an informed purchasing decision that you won’t regret.
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Nidhi Banking Software can integrate with the following solutions:
Apart from those, the software can synchronize with payment gateways to facilitate customers’ online payment.
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