The RD (Recurring Deposit) FD (Fixed Deposit) Institutions are those who takes deposits and the people and provides the loans.
n RD (Recurring Deposit) the people deposits a sum of amount to the institutions on daily, weekly or monthly basis and after a fixed time he/she returned a matured amount with interest to the depositor.
In FD (Fixed Deposit) the person deposit a sum of amount for a fixed time of period suppose for five years. After five years the FD become mature and he/she returned with interest.
Why Financial Companies need a Software for RD-FD Management?
An institution can start RD FD business and manage all the transactions of deposits. To manage all these transactions, due installments of RD, maturity date of RD and FD all such kind of managerial tasks cannot manage manually.
Technocrat Software offers RD FD Software to manage all kind of transactions in this regard with following features:
- Easy RD FD management system
- Penalty calculation
- RD installment due
- Easy to deposit Installment
- Maturity list
- Upcoming due installment of RD
- Important Reports of RD and FD
- Bond printing for Fixed Deposit
- Receipt print for RD FD deposits
- All required reports to manage RD FD transactions and many more