Chitfund is an app which simplifies the Chits business.
This application is mainly focused for our locale. In this business customers will contribute a fixed amount of money every month which depends on the total amount and the number of contributors.
The contributed amount is now auctioned and the person who wins the auction gets the total amount. The remaining amount is distributed equally among every contributor. This process happens every month manually and one co-ordinator needs to maintain books for every chit.
The person co-ordinating the process will get a small share every month (which is treated as commission) from the total amount. The app actually simplifies the work of the co-ordinator and the auction process.
1. Online bidding for chits,
2. One stop shop for all your chit needs.
3. All your Data is stored securely and can only be accessed by you.
4. Supports online and offline modes.
5. Automatic calculations and reports.
6. Track all your pending and monthly collections.
7. Manage all your chits and payments from anywhere and any device.
8. You can fix your bidding step amount and commission rates.
9. In-depth reporting for all your chits.
Thank you for using our app. This update focuses on squashing a few bugs and improving the performance of the app.
Ratings and Reviews
Good to use
Please add language options
- Prayuta Technologies Private Limited
- 43.1 MB
Requires iOS 9.0 or later. Compatible with iPhone 5s, iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus, iPhone SE, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus, iPhone X, iPhone XS, iPhone XS Max, iPhone XR, iPad Air, iPad Air Wi-Fi + Cellular, iPad mini 2, iPad mini 2 Wi-Fi + Cellular, iPad Air 2, iPad Air 2 Wi-Fi + Cellular, iPad mini 3, iPad mini 3 Wi-Fi + Cellular, iPad mini 4, iPad mini 4 Wi-Fi + Cellular, 12.9-inch iPad Pro, 12.9-inch iPad Pro Wi-Fi + Cellular, iPad Pro (9.7-inch), iPad Pro (9.7-inch) Wi‑Fi + Cellular, iPad Wi-Fi (5th generation), iPad (5th generation) Wi‑Fi + Cellular, iPad Pro (12.9-inch) (2nd generation), iPad Pro (12.9‑inch) (2nd generation) Wi‑Fi + Cellular, iPad Pro (10.5-inch), iPad Pro (10.5-inch) Wi‑Fi + Cellular, iPad (6th generation), iPad Wi-Fi + Cellular (6th generation), iPad Pro (11-inch), iPad Pro (11-inch)Wi-Fi + Cellular, iPad Pro (12.9-inch), iPad Pro (12.9-inch) Wi‑Fi + Cellular, iPad mini (5th generation), iPad mini (5th generation) Wi-Fi + Cellular, iPad Air (3rd generation), iPad Air (3rd generation) Wi-Fi + Cellular, iPod touch (6th generation) and iPod touch (7th generation).
- Age Rating
- Rated 4+
- Copyright © 2017 Prayuta Technologies
Up to six family members will be able to use this app with Family Sharing enabled.