Chit Master allows chit funds admins to create and manage chits. When admins add members to the chit fund, members can see the chit fund details in their app. This is just a tracker app and doesn't deal with money. Chit Masters intention is to bring more clarity and visibility to customers on what is happening with their enrolled chits? It also allows chit admins to easily communicate and notify members about recent chit updates like the chit amount, how many remaining instalments are pending etc?
Chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. This app will help improve the visibility of the chit funds to the members and admins.
Helps customers to track and manage their enrolled chit funds easily from phone.