BachatGat App Self-Help Group 5.0

The BachatGat App serves as a comprehensive platform for managing the financial transactions, accounts, and activities of savings groups. It provides a streamlined and organized approach to handling group finances, ensuring transparency and accountability.

This application is accessible to both group presidents and members. While all members can view the financial data by installing the BachatGat App (Self-Help Group App) on their mobile devices, only the president has the authority to input or modify the transactions.

To promote good governance and transparency within savings groups, the BachatGat App enables users to perform the following functions with ease:

• Access detailed information about government schemes applicable to savings groups.
• Register their savings group officially.
• Add all group members to the savings group.
• Configure monthly savings, interest rates, and penalties.
• Collect monthly savings contributions from members.
• Distribute loans to members based on their requests.
• Record repayment of principal, interest, and installment payments.
• View current loan distributions and associated risks in real-time.
• Review detailed accounts of past savings months and download reports for record-keeping.
• Send updates such as reminders, pending savings, and loan repayments via WhatsApp messages to members.
• Present group balance sheets to government agencies, banks, NGOs, and apply for grants or low-interest loans through official channels.

The BachatGat App stores all transactions securely within its system for ongoing oversight. It assures enhanced transparency and governance among the financial groups using it. By presenting accurate balance sheets to authorities such as governmental bodies, banks, NABARD, or NGOs, groups can access grants and favorable loan terms conveniently.

This application has been developed by NIL Technology and is recognized as highly reliable with quality features suitable for managing savings groups effectively. It facilitates organized financial management and promotes responsible governance within social-economic initiatives known as self-help groups (Swayam Sahayata Samuh Gat).

Savings groups are often given specific names based on their objectives or regional identities, such as "Jagruti Savings Group" or "Asmita Savings Group." They typically collaborate over designated periods to save collectively, functioning also as "Bachat Samuh" or "Saving Groups."

Furthermore, using this app, farmers can manage their agricultural savings groups (Shetkari Bachat Gat) efficiently via their mobile devices. Plans are underway to soon launch versions in Hindi and English, broadening accessibility for various regional groups and SHGs.

Our team of highly skilled engineers has dedicated significant effort to creating this advanced savings group app. We hope it will meet your expectations and be a valuable tool for your financial activities.

If you encounter any difficulties while using the app or require support, please do not hesitate to contact us—we are always available to assist you.

Disclaimer: The BachatGat App is not affiliated with any government entity. It provides information from official government sources listed within the app and its store description. The app's “Government Scheme’s Information” feature delivers details about government schemes via URLs from verified government websites. It does not represent or are affiliated with any government department or agency.

Official sources of government information include:

• https://www.myscheme.gov.in/schemes/day-nrlm
• http://di.maharashtra.gov.in/_layouts/15/DOIStaticSite/Marathi/investors_guide_dic_pmegp.html
• https://www.myscheme.gov.in/schemes/pmegp
• https://www.nabard.org/content1.aspx?id=518&catid=8&mid=489

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