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title

CHIT FUND BACK OFFICE SOFTWARE

Author(s):

Priya P F

Keywords:

Abstract

The purpose of the framework is to make a helpful and simple system for managing chit fund operations. The framework depends on a relational database design and works from a central location on MYSQL. Currently the company is maintaining manual records for all its activities and seeks automating some of the operational work. Chit funds are popular modes of saving and borrowing scheme, which are based upon the concept mutual benefit of members. A group of individuals contribute towards the chit esteem and one member from the group is given the prize amount and dividends are distributed to all other members. The Chit fund company charges a service fee for conducting the scheme.

Other Details

Paper ID: IJSARTV
Published in: Volume : 4, Issue : 6
Publication Date: 6/1/2018

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