Core SHG Product Modules & Built-in Features
Designed for NGOs, Section 8 companies, and Microfinance Federations to automate savings pooling, inter-loaning, and bank linkage loans.
01
Member Savings & Thrift Ledger
Tracks mandatory monthly thrift savings, voluntary deposits, missed savings penalty logic, and automates year-end interest dividend calculations across members.
02
Internal Lending & Inter-Loaning Engine
Automates rotating credit loans between SHG members from the pooled thrift fund with custom diminishing interest rates and monthly recovery schedules.
03
Bank Linkage & Federation Loan Manager
Manages commercial bank linkage loans (Canara Bank, SBI, Indian Bank), tracks group EMI disbursements, interest subvention claims, and CLF/VO federation bulk loans.
04
Meeting Attendance & Resolution Book
Digitizes weekly/monthly SHG meeting minutes, attendance logs, fine collection for absenteeism, and generates digital resolution copy for bank submission.
05
Field Animator / Prerak Mobile Cloud App
Cloud-based mobile app for village animators & cluster coordinators to collect meeting savings, record doorstep loan EMI, and send instant digital PDF & WhatsApp receipts.
06
Federation & NGO Multi-Tier Hierarchy
Consolidate SHGs into Village Organizations (VO) and Cluster Level Federations (CLF). Roll up financial statements, loan defaults, and audit reports to head-office NGO level.
The 4-Stage SHG Operational Lifecycle
From group formation to dividend distribution, automated end-to-end for rural microfinance operations.
Phase 01
Group Formation & KYC
Capture 10-20 member Aadhaar, Bank AC, and nominee details. Assign office bearers (Animator, Representative 1, Representative 2).
Phase 02
Thrift Savings & Internal Credit
Collect monthly thrift pooling, record internal loans to members for emergency/livelihood needs, and calculate monthly interest accruals.
Phase 03
Bank Linkage & Grading
Generate TNSRLM/NRLM Grade A/B/C rating reports, track commercial bank credit linkage loans, and auto-apportion EMI collection.
Phase 04
Dividend Payout & Audit
At financial year closing, auto-distribute interest earnings back to member savings accounts proportional to thrift balances.
Manual Paper Passbooks vs. AmyFintech SHG ERP
Why leading NGOs and Microfinance Federations across Tamil Nadu upgrade to automated SHG accounting.
Serving SHG Federations Across Tamil Nadu & Puducherry
Customized for microfinance operations in Salem, Erode, Coimbatore, Madurai, Trichy, Tirunelveli, Thanjavur, Cuddalore, Villupuram, Vellore, Tiruvannamalai, Kanchipuram, Chennai, Puducherry, and Karaikal.
SalemErodeCoimbatoreMaduraiTrichyTirunelveliThanjavurCuddaloreVillupuramVellorePuducherry
Frequently Asked Questions (FAQ)
1. Does this SHG software support digital receipts for field animators?
Yes! The field mobile app supports instant digital PDF and WhatsApp receipt delivery, allowing village animators and SHG members to receive savings and loan receipts instantly on any smartphone.
2. Can we manage both internal member loans and bank linkage loans in one system?
Absolutely. AmyFintech SHG ERP maintains separate dual ledgers: one for internal group thrift inter-loaning (rotating credit) and another for external bank linkage bulk loans (e.g. Canara Bank, SBI) with EMI schedules.
3. How does the software handle year-end interest dividend calculations?
The software automatically aggregates total interest income collected from internal member loans and distributes dividends back to member savings balances based on their individual monthly thrift contributions.
Transform Your SHG & Micro-Savings Operations Today
Get a customized demo & pricing quote for your NGO, Section 8 MFI, or Microfinance Federation in Tamil Nadu & Puducherry.