Daily collection & loan software for finance companies in Salem

What does lending look like in Salem?

Salem is known for steel, handloom and silk weaving, sago made from tapioca, and mango from nearby orchards. A large number of power looms and small workshops operate in the city and its outskirts.

Handloom and power-loom weavers, sago traders, mango sellers during the season and small shopkeepers use daily and weekly loans. Income swings with seasons, so lenders often note promise-to-pay dates and re-schedule rather than chase. Pigmy daily savings collected by agents are also popular with small earners.

How do lenders in Salem use DailyRupee?

• Record promise-to-pay dates with amounts for seasonal traders and review the follow-up list each morning.
• Run pigmy deposits and loan collections from the same agent app.
• Pre-close a loan early and keep the history when a weaver settles after a good season.

Which language will your agents use?

Tamil is the daily language of agents and customers in Salem; owners can switch the app to English for reports. Every user picks their own language — English, Tamil, Hindi, Telugu, Kannada, Malayalam, Marathi, Bengali or Gujarati — and can switch at any time.

Read about Tamil Nadu in your language →