MSCS Software

Enhance your business efficiency with cost-effective daily, weekly, and monthly Recurring Deposits (RDs) using our top-notch Multistate Cooperative Society software. Take advantage of features such as standing instructions, interest calculation, premature closure, maturity calculation, and RD-based loans, all tailored to meet your specific requirements.

• Deposit types and their attributes can be customized by the user.
• Different customer types can have distinct interest rates set for a specific period within a given deposit type.
• Capability to record loan rates based on deposits.
• Automated generation of account numbers.
• Operating joint accounts with a maximum of four depositors.
• Capability to record Operator/Nominee/Guardian details.
• Provision to freeze accounts.
• Automatic adjustment of liens upon account closure.
• Verification of cash transaction limits during payments.
• Automated calculation of pending installments and fines.
• Calculation of interest compounded quarterly.
• If any installments are pending, provision for extending the due date of a matured account.