Core Banking software for Nidhi Companies

Nidhi Company is a 'early-stage start up' Finance Business, a type of Non-Banking Finance Company. It's an easy way to enter the 'Finance Business' for young entrepreneurs and get the minimum requirements of Members and paid-up capital.

End-to-End Core Banking Solution

  • Nidhi Company has to operate under restrictions of geography, no. of branches, Loan/Deposit Products and Interest rates offered etc.
  • Nidhi company have minimum compliance reporting but have to strictly maintain the regulatory Ratios, only secured Loans, Loan Purposes, Loan Security, Maximum Deposit Amount.

    • TrustBankCBS for 'Nidhi Company' have pre-configured parameters complying with the business rules from regulators. AND we keep upgrading those parameters with continuous changes in the regulatory environment and business rules for Nidhi Companies.

    TrustBankCBS offers off-the-shelf banking software, an online 'Software as a Service (rental) platform' to Nidhi Companies. The SaaS platform ensure zero Capex, minimum recurring cost, 99.99% uptime with no maintenance, and quick launch of business within a very short period of time i.e. within a week from registration.

    Solutions Offered


    TrustBankCBS Nidhi Company Solution offers complete end-to-end functionality to automate the business. The below solutions are fully compliant to regulatory business rules:

    Deposits

    Savings Deposits, Term Deposits, Recurring Deposits with Interest Rates, Max allowed Deposit Amount, tenure complying to regulatory requirements.

    Memberships

    Members Registration, Member Shares Management, Paid-up share capital.

    Loans

    Secured Term Loans, Commercial Vehicle Loans complying to regulatory requirements.

    Financial Accounting

    General Ledger, Financial Accounting, Financial Statements and exhaustive MIS.

    Loan Origination

    Loan Origination with Document Management for Loans.

    Compliances & Reporting

    Statutory Compliance Ratios and Reports.

    Key Features

    Different Key Features of TrustBankCBS For Nidhi Comp.

    Browser based Application

    Browser based Application, Secured Access 24 X 7 for online operations.

    SaaS Model

    Cloud Based SaaS model with 99.99% uptime for Data Center & DR Site.

    Maker-Checker Workflow

    Maker-Checker Workflow.

    Pre-configured work-flow

    Pre-configured work-flow, Industry Best Practices.

    Easy-to-use, User Friendly UI

    Easy-to-use, User Friendly UI.

    Low Bandwidth Requirement

    Light and optimized Application, Optimized Bandwidth requirement.

    Economical Solution.

    Economical SaaS based solution.

    Latest Technology

    Continual updates to comply to ever evolving statutory compliance reporting environment .

    Graphical Analysis, Dashboards.

    Graphical Analysis, Dashboards.

    Innovative Solution

    Innovative Solution.

    Value Delivered



    360 degree view of customer.

    360 degree view of customer.

    Effective Control of Business Operations.

    Effective Control of Business Operations.

    Zero Capex

    Practically Zero Capex, Minimum Opex Cost.

    Cost Effective

    Increased Revenues, optimized expenses.

    Increased Profitability

    Increased Profitability

    Plug & Play Solution

    Plug & Play Solution, Quick Implementation within 7 days of registration.

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