Thursday, 13 March 2014

Software for credit co-op society in India

for credit co-op society in India there are so many software's available,

but vayak software is best because of so many reasons.

1) Experience of around 19 years in the field of co-op. society.
2) Servise support is available through out India.
3) So many updates in software every Year.
4) Tested OK software.
5) More then 1300 client all over India in all states. 

Contect Vayak at

Thursday, 4 July 2013

How to Register a New Multi-State co-op. credit society in India

Steps of Multi-State Co-operative Credit Society Registration in India.

1) Registration Process is Delhi base

this process is totally Delhi based. You have to collect all necessary documents and submit it to Delhi
Department of Agriculture And Cooperation. and go on submitting so many documents after document. so lengthy process.

2) So Many consultants

There are so many consultant but to chose perfect person is very difficult.

3) Now Multi-State Registration Process become very Hard

Because Now they demand state N.O.C. before giving permition of that state. So that is a big job to be done at each state level.

4) Best Way out or Alternate is to Register a Co-op. Society or N.B.F.C.

Best way is to start co-op. society first in your town or get registration of N.B.F.C. company

Model Bye-laws of National level Cooperative Society / Multi-State Cooperative Society.

    you can down load pdf ofr your use.

 * The Multi-State Cooperative Societies Rules, 2002 

    you can down load pdf ofr your use.

 * The Multi-State Cooperative Societies Act, 2002 

    you can down load pdf ofr your use.


How to Register a Credit co-op. Society in India

Steps of Registration of a Credit co-op. Society or An Employees co-operative society

1)  Make a Group of members

For Registoring a credit society make a group of 100 persons. collect e.g. 1000 rupees from each as application money.

2) Open a bank account

Then Deposite that amount in bank with a proposed name of society 
e.g. vayak Credit co-op. soc. (Proposed) as the name of bank Account.

3) Now Apply for Registration with Distict Ragistrar office.

Now Go to Distict Ragistrar office and take Soc. Registration Form it is also called as LEAFLET "U"
fill up all details in it and submit it with all necessary documents.

4) Detail Required in form are. 

Name of Credit society, Detail of member,Shares, Annual meeting, Share Transfer, All kind of Formats, Book of Account of Society etc.

5) Appoint a consultant

If you are not aware of the process then appoint a good consultant for this, or contact to
Devang Vayak at Ahmedabad. He can help you in process.

6) Buy a Best software for your society

in the process of registration and keeping Account of your society is very important.
and doing this thing manualy is very old age concept and tidious process.
So buy a software for your employees or credit co-op. society form VAYAK TECHNOLOGY is best idea.

7) what credit co-op. software covers.

It Covers Member, Share, Dividend, Loan, F.D., R.D., M.R., C.S., Insurence, MLM, Accounts.
Reports and so many things for more detail.....

Wednesday, 29 May 2013

MLM Software for credit co-op society

MLM System in Co-op. Credit Society in India.

What is MLM

MLM means "Multi-Level Marketing". in Credit society it means open new account by chain of agents with level wise commission.

How MLM works in credit Society

Generally in Credit Society take deposit from public in the form of opening new account in Recurring Deposit, Daily Deposit, & Fix Deposit A/c. Some society do it Directly, some appoint agent for opening new accounts. and Some Use chain of agent to open new account in short time. in this system one agent can appoint agents under him, then that agent will open new agent under him and that will open new agent under him this way a big chain is created and each agent how open a account get commission and agent how is above that agent that all agent will get commission level wise as decided by society. this way a big structure of agents and account are created which is difficult to manage manually and so a best software is required for manage this whole process.

Software Require For MLM in Credit Co-op. Society

Every credit society how wise to develop fast business with MLM should select best software for credit society with MLM system Software is best Indian software for credit society used by more then 1300 Society for there financial and management task. It also contain MLM modual. where you can calculate Agent Collection Commission as well as MLM Commission very easily. for more detail visit to 

Registration of Multi-State co-op. credit society

Friday, 10 May 2013

Take care of following things. Before Buying Credit Co-op. Society Software.

Steps of Purchasing Credit Co-op. Society Software

1) Software company must have at least more then 5 to 10 years of experience for developing software for credit & co-op. society software. Otherwise you may suffer from many problems in software.

2) company must have satisfied co-op. clients more then 500. and that company should maintain that software since long time.

3) Many software fails because of bad services and incomplete software. I have a list of more then 250 societies who have purchase software but they failed because of bad services and incomplete software.

4) Go to Specialist Software is one time investment, So go to specialist having maximum experience in co-op. soc. software and not other type of software. 

5) Service & Support- Check that party will give you support for more then 10 year or not, Otherwise don't buy software even they offer software free of cost. As it's a financial institute it can not change software Evey day or month. It must go for standard software only.

6) in India Best software - VAYAK Technology- For co-op. Society in India Vayak has computerised more then 1300 co-op. client and having 18+ years of experience. So you can visit for more detail.

Click Here for best Co-op. Credit Society Software....