SmartCredit : Software for Credit Society, Patsanstha & Patpedhi

Bhoomi is one of India's leading software solution providers for Credit Societies, Patpedhis, and Patsansthas. SmartCredit improves staff productivity and efficiency, helping you manage your society in a streamlined, audit-ready way.

SmartCredit is a comprehensive suite of tightly integrated modules covering every aspect of Credit Society operations — built on the latest Microsoft technologies for performance, security, and reliability.

Modules in Credit Society Software

• Saving Deposits
• Current Deposits
• Recurring Deposits
• Fixed Deposits
• Daily Deposits
• Shares & Memberships
• Salary Recovery
• NPA - Non Performing Assets
• Cash Management
• Books of Accounts
• Passbook Printing
• Daily Deposit Machines
• Signature/Photo Verification
• Standing Instructions
• Post Dated Cheques
• Electronic Payment
• Marathi Language Support

Over 300 installations across India — including Mumbai, Thane, Navi Mumbai, Goa, Nasik, Mysore, Chennai, Parbhani, Aligarh, and more.

SAVING DEPOSITS

• A/c Opening
• Nominee
• Guardian
• Introducer
• Joint Holders
• Multiple Address etc
• Transactions through Cash, Cheque, Transfer
• Product accumulation
• Interest calculation
• Interest Posting
• Closing of Account

CURRENT DEPOSITS

• Account opening
• Modification of account details
• Nominee, Guardian, Introducer, Joint Holders
• Multiple Address etc
• Accepting transactions through cash, transfer
• Product accumulation
• Interest calculation
• Interest Posting
• Closing of Account

DAILY DEPOSITS

• Account opening
• Modification of account details
• Nominee
• Guardian
• Introducer
• Joint Holders
• Multiple Address etc
• Accepting transactions through cash, transfer
• Product accumulation
• Interest calculation
• Interest Posting
• Interface to Daily Collection Machines
• Premature Withdrawals
• Agent Commission Calculation and Posting
• Option to calculate TDS
• Allowances and deductions
• Option to deduct security deposit from agent commission
• Loan Installment deducted from agent commission
• Closing of Account

RECURRING DEPOSITS

• Nominee
• Guardian
• Introducer
• Joint Holders
• Multiple Address etc
• RD Passbook Printing
• Premature withdrawals
• Late Installment Penalty Calculation
• Option to pledge Accounts against loans
• Interest Posting
• Closing of Account

FIXED DEPOSITS

• Account opening
• Modification of account details
• Nominee, Guardian, Introducer, Joint Holders
• Multiple Address etc
• Rate of interest is automatically picked up from interest table
• Handling different types of deposits like cash certificates etc
• Receipt Printing
• Premature withdrawals
• Accepting transactions through cash, transfer
• Monthly / Qtrly / Half yearly interest calculation
• Simple / Compounded / Discounted Methods
• Option to pledge receipts against loans
• Auto posting of Interest to saving bank account
• Electronic Payment through ECS/EFT/NEFT
• Interest Posting
• Closing of Account

SHARES AND MEMBERSHIP

• Account opening
• Modification of account details
• Nominee, Guardian, Introducer, Joint Holders
• Multiple Address etc
• Dividend Calculation with monthly/Yearly/Daily Products
• Automatic export of dividends to saving, Loan accounts
• Export of Dividend to branch
• Dividend Payable/paid Register
• I-Form, J-Form
• Certificate generation
• New Shares, Additional, withdrawal and transfer of shares

LOANS & ADVANCES

• Account opening
• Modification of account details
• Joint Holders, Surety
• Multiple Address etc
• Loan Against Fixed Deposits, Daily Deposits and Recurring Deposits
• Loan Against Vehicle with vehicle details and insurance
• Loan Against gold with information related gold kept
• Loan Against govt securities like NSC/LIC/IVP
• Option of EMI and NON EMI Loans
• Accepting transactions through cash, transfer
• Auto Calculation and Posting of interest at the time of receipt
• Option to pledge receipts against loans
• Interest Calculation and Posting
• Option to create loan charges heads
• Penalty Interest calculation and posting
• Loan Interest rate history
• Automatic transfer of installments from Saving Deposit
• Auto posting of Deposit interest to loan accounts
• Loan Recommended by Directors
• Ear marking of suit filed accounts. Option to enter suit section code
• Closing of Account

NON PERFORMING ASSETS

• User definable NPA Slabs
• Automatic Updation of NPA Status
• NPA Register
• Classification of NPA
• Format No-I
• Format No-II
• Loan Recovery from Salary
• User defined Recovery Heads
• Fully Parameterized
• Recovery for more than one RD Account
• Surety Recovery
• Option to add Pending Recovery
• Export of Recovery through in Text/DBF/ACCESS format
• Import of Recovery through Text/DBF/ACCESS format
• Generation of Difference Recovery

BOOKS OF ACCOUNTS

• Voucher through cash/bank and transfer
• Multiple bank accounts
• User defined general ledger heads
• Fully Parameter control
• Option to single entry/double entry accounting system
• Day Book
• Sub day books
• Cash Book
• Monthly Cash Summary
• Receipt and Payment Register
• Trial Balance, Simple and Group wise
• User defined balance sheet & Profit & Loss Heads
• Balance Sheet
• Profit & Loss Accounts
• General Ledger Detailed and Monthly Summary

CASHIER

• Option to have multiple cashier
• Capture cash denominations
• Cashier wise cash balance
• Option to transfer cash from one cashier to another
• Cash in safe/ cash in hand
• Cash Exchange
• Cash Reconciliation

PASS BOOK PRINTING

• Interface to Passbook printer of any company
• Pass book can be fully customizable
• Multiple formats for pass books for different heads
• Passbooks can be printed for loans, SB, RD etc

SIGNATURE/PHOTO VERIFICATION

• Scan and store signature of all accounts
• Supports up to 10 signatures/photos per account
• Scan Loan Documents in case of loan accounts
• Signature can be viewed from any option just be pressing a hot key
• Signature displayed at the time of payment

DAILY DEPOSIT MACHINE

• Interface to Daily Collection of Machines
• option to use different machines of different vendors
• Fully Customization and parameter driven

STANDING INSTRUCTION

• Accepting standing instructions on all accounts
• Automatically transfer amount from saving a/c to RD
• Automatically Transfer amount from daily to loan
• Option to transfer all amount from daily to loan
• Option to lock amount from daily
• Deduct agents commission while transferring from loan to daily
• FDR Interest can also be transferred to loan

MISC

• Details of Customer with address can be exported to branches
• RBI Bank Master export
• Members label printing
• Graphical analysis of reports
• Exhaustive reports

ELECTRONIC PAYMENT

• Send Payments directly to customers bank accounts
• Option to send using Electronic Clearing System (ECS)
• Electronic Fund Transfer Option (EFT)
• National Electronic Fund Transfer Option (NEFT)
• FD Interest can be credited to customers bank account
• Loan Payment can be credited to customers bank account

Post Dated Cheques

• Accepting Post dated cheques
• Cheques to be deposited
• Cheques in hand

SECURITY

• Password Management system
• Audit Log showing Changes done by User
• Day Closing And Day Opening controls
• Three levels of voucher flow control
• Scrolling / Passing and cashier authorization
• Attendance checking

Reports Loans & Advance

• Loan Balance
• Loan Interest List
• Credit Balance in Loan A/c
• Loan Register – A/c Wise
• Loan Register – Area Wise
• Loan Sanction Register –Detailed
• Loan Sanction Register –Summary
• Loan Receipts Register
• Loan Recovery Statement
• Loan Recovery Statement – Year Wise
• Loan Recovery Summary
• Overdue Register
• Overdue Register-Area Wise
• Overdue Register-Suit filed accounts
• Overdue Summary
• Overdue Register-Referred By
• Due Date Dairy
• Age Wise Overdue Register
• Area Wise Overdue Register
• Year Wise Overdue Register
• Year Wise/GL Wise Summary
• Securities Pledged Against Loan
• Directors Loan Statement
• Demand and Recovery

• Loan Closed Register
• Loan Opened Register
• Disbursement Register
• Disbursement Summary
• Surety Register
• Vehicle Insurance Register
• Insurance Due Date Dairy
• Vehicle In Godown
• Permit Expired/Insurance Expired
• Tax Expired/Fitness Expired
• Loan Charges Register
• Lien Marked Removed Register
• List of Defaulters With Address
• Classification of Overdue
• Loan Against Deposits
• Interest Rate Wise Classification
• Yearly Summary
• Purpose Wise Loan Analysis
• Security Wise Loan Analysis
• Priority Wise Loan Analysis
• Weaker Sector Wise Loan Analysis
• Classification of Loans-Sanction Amount Wise
• Classification of Loans-Balance Wise
• Classification of Loans-Overdue Amount Wise
• Classification of Loans-Sanction Year Wise
• Group Insurance

NPA

• NPA Register-1
• NPA Register-2
• Classification of NPA – Statement No 3
• Format No-1
• Format No-2
• Asset Classification statement
• NPA Summary
• NPA Summary (Secured/Unsecured)
• NPA Balance List
• NPA Analysis Report
• NPA GL Wise Summary

TERM DEPOSITS

• Active Fixed Deposit Register
• Maturing FD Register
• Matured FD Register
• NEW FDR During the Period
• Paid FDR During the Period
• Customer Wise –Active Deposits
• Customer Wise –Paid Deposits
• Interest Payable Register
• Interest Paid Register
• Receipts Pledged Against Loan
• Before Maturity Register
• Interest Posted during the Period
• Interest Accrued During the Period
• Receipt Balance Reconciliation
• Certificate Printing

MISC

1. Standing Instruction -Done
2. Standing Instruction –Un done
3. Standing Instruction –Voucher List
4. Post Dated Cheques – Due for Deposit
5. Post-Dated Cheque Register
6. Cheque Book Register
7. Cheque Stop Payment Register
8. Cheque Stop Payment Revoked Register.

CUSTOMER

1. Customer Balance Printing
2. Customer Balance History
3. Balance Certificate
4. General Ledger
5. A/c Balance List
6. Ledger Printing- Simple
7. Ledger Printing-Loan Format
8. Fixed Deposit List
9. Customer-Consolidated Statement
10. A/c Master List
11. A/c List
12. Address List
13. Nominee Register
14. A/c Opened Register
15. A/c Closed Register
16. A/c Opened/Closed Summary
17. Address Label Printing
18. Customer List
19. Customer not Having address
20. Customer not having Bank Account
21. Customer Not Opting for a Scheme
22. Retiring Customer List

BOOKS OF ACCOUNTS

1. Gl Master List
2. Trial Balance –Simple
3. Trial Balance –Group Wise
4. Balance Certificate
5. General Ledger –Day Wise
6. General Ledger –Monthly Summary
7. General Ledger -Yearly Summary
8. A/c Balance List
9. A/c Wise Debit-Credit List
10. Expenses Statement
11. Receipt & Payment
12. Inflow-Outflow Statement
13. Balance Sheet
14. Profit & Loss As On
15. Profit & Loss During the Period
16. Bank Reconciliation

SHARE & MEMBERSHIP

1. I Form
2. J Form
3. Dividend Statement – List
4. Dividend Statement – Unpaid
5. Dividend Statement – Paid during
6. Dividend Statement – Paid As On
7. Share Members Register
8. Share Certificate Register
9. Election List
10. Dividend Payment Register
11. Dividend Warrant Printing
12. Share Certificate Printing

SAVING/CURRENT DEPOSIT

1. Balance List
2. Product Statement – Detailed
3. Product Statement – Summary
4. Debit Balance List

RECURRING DEPOSIT

1. Balance List
2. Interest Payable – Register
3. Interest Paid Register
4. Irregular RD Accounts

DAILY DEPOSIT

1. Balance List
2. A/c Collection Register
3. Collection Reconciliation Register
4. Day Wise Collection Register
5. Monthly collection Register
6. Agent Sheet
7. Posting Pending Register
8. A/c History
9. Maturity Register
10. Balance Verification Report
11. Daily Agent Commission List

LETTERS

1. Salary Deduction
2. Salary Deduction-Surety
3. Notice of Overdue
4. Notice of Installment Reminder-I
5. Notice of Installment Reminder-II
6. Advocate Notice
7. Notice 101
8. Insurance due date letter