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 Vayak.net 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

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