Jewellery Collection Software India
Running a gold saving scheme with 200 members means collecting ₹4 lakh every month — from 200 people, each needing individual follow-up. FastFee automates every reminder, sets up UPI AutoPay mandates, and reconciles all receipts.
Works alongside your jewellery ERP and accounting software — FastFee is the collection layer, not the billing layer.
Scheme Types FastFee Manages
Gold saving schemes, jewellery saving schemes, credit EMI, and silver/utensil saving schemes — all with different monthly amounts, member counts, and collection challenges.
| Scheme Type | Hindi Name | Members | Monthly Deposit | Tenure | Collection Challenge |
|---|---|---|---|---|---|
| Gold Saving Scheme | सोने की बचत योजना | 20–500 | ₹500–₹10,000 | 11+1 months | Members miss monthly deposits; manual follow-up by jeweller or staff |
| Diamond / Jewellery Saving Scheme | ज्वैलरी बचत योजना | 10–200 | ₹1,000–₹25,000 | 12–24 months | High ticket, members may default in later months |
| Jewellery Credit EMI | क्रेडिट किश्त | Per customer | ₹1,000–₹50,000 | 3–18 months | Awkward to chase customers who bought on credit |
| Silver / Utensil Saving Scheme | बर्तन/चांदी बचत | 50–1,000 | ₹200–₹2,000 | 11+1 months | Large number of low-value members — high follow-up volume |
Gold Saving Scheme Collection Workflow
From scheme setup to monthly deposit reconciliation and maturity notification.
Create each scheme batch with member list, monthly deposit amount, start date, and scheme duration. Import via Excel.
On the deposit due date, WhatsApp reminder sent to every member with deposit amount and UPI payment link.
Members can authorize a monthly UPI AutoPay mandate — deposit auto-debits on due date every month. No reminder needed.
UPI, NEFT, and cash deposits recorded against member accounts. Receipts sent via WhatsApp instantly.
Members who miss the deposit get D+3 and D+7 WhatsApp follow-ups automatically.
Per-scheme view: total members, deposits received this month, pending deposits, and complete member payment history.
All bank credits (UPI, NEFT, cash deposits) matched to member accounts. Unmatched entries flagged.
When a member's scheme completes, FastFee triggers a maturity notification — reminder for the jeweller to issue the gold/product.
Frequently Asked Questions
Which is the best jewellery collection software in India for gold saving schemes?
FastFee is purpose-built jewellery collection software for Indian jewellers managing gold saving schemes (सोने की बचत योजना) and jewellery credit EMI recovery. For gold saving schemes: FastFee sends automated WhatsApp reminders to members on monthly deposit due dates with UPI payment links, sets up UPI AutoPay mandates for auto-debit, tracks members who missed deposits, and reconciles all receipts against the scheme ledger. For jewellery credit: it manages EMI schedules, sends reminders, and tracks overdue accounts by DPD bucket. Jodo Collect also targets jewellers with auto-debit and AI calling; FastFee is stronger on bank reconciliation and multi-scheme dashboard management.
What is a gold saving scheme and how does FastFee manage it?
A gold saving scheme (also called gold chit, sone ki bachat yojana, or jewellery saving scheme) is a monthly savings program run by jewellers — customers deposit a fixed amount each month (e.g., ₹2,000/month) for 11 months, and in the 12th month the jeweller gives gold worth 12 monthly payments. FastFee manages the collection side: it sends WhatsApp reminders on the monthly deposit due date, accepts UPI/NEFT/cash payments, maps each payment to the right scheme member account, tracks missed deposits, and alerts the jeweller to follow up with members who haven't paid.
How does FastFee handle jewellery credit EMI collection?
When a customer buys jewellery on credit (3–18 month EMI), FastFee sets up an EMI schedule and sends WhatsApp reminders before each due date with a UPI payment link. For regular buyers, it can set up a UPI AutoPay mandate so EMIs auto-debit on the due date. Customers who miss EMIs get a structured follow-up: D+3 reminder → D+7 escalation → D+15 field visit. Overdue accounts are tracked by DPD bucket (0–30, 31–60, 61–90, 90+ days).
Can FastFee manage multiple gold saving scheme batches simultaneously?
Yes. Most jewellers run multiple scheme batches — January batch, April batch, October batch — each with different members, monthly amounts, and start dates. FastFee manages each scheme batch as a separate group with its own member list, deposit amount, and due date cycle. The jeweller sees a consolidated dashboard showing collection status across all active batches — total deposits due, collected, and pending — with drill-down to individual member accounts.
Does FastFee work for GST invoicing and jewellery accounting?
FastFee is the collection and payment tracking layer — not a full jewellery accounting or billing system. For GST invoicing, hallmarking records, stock management, and jewellery-specific accounting, use dedicated jewellery ERP software (Jewellery Gold Manager, Sparx, JewelMate). FastFee handles what those systems typically leave manual: automated payment reminders for saving scheme members, UPI AutoPay setup, overdue tracking, and bank reconciliation for deposits and EMI receipts.
What is the difference between FastFee and Jodo Collect for jewellers?
Both FastFee and Jodo Collect (collect.jodo.in) offer WhatsApp reminders, eNACH, UPI AutoPay, and AI calling for MSME collections. For jewellers specifically: FastFee is stronger on multi-scheme batch management and bank reconciliation for gold saving schemes with mixed payment types (cash + UPI + NEFT). Jodo Collect is stronger on AI voice calling for follow-up. Check current features at both platforms before deciding — both are actively developing.
Automate Your Gold Saving Scheme Collections
Works alongside your jewellery software. Setup in 20 minutes. No credit card required.