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Our Maharashtra Co-operative Credit Society runs under the MCS Act 1960, its accompanying Rules 1961, and the Co-operation Department’s audit and statutory-return framework. To stay compliant and scalable we now need a single Core Banking System that unifies every operational layer—from day-to-day member servicing right through to Registrar reporting. At the heart of the build is an end-to-end Loan Management System; personal loans are our priority and the platform must effortlessly manage their full life-cycle. Surrounding that core, the same application should double as our ERP, general ledger, membership and share-capital manager, compliance tracker, audit console, recovery engine, MIS dashboard, and pigmy collection module. Key scope for the personal-loan engine • Robust loan-application workflow that captures KYC, eligibility and approval hierarchies in line with MCS guidelines • Automated repayment-schedule generation with holiday handling and moratorium support • Accurate daily-balance interest calculation (flat, reducing-balance and penal interest) fully reconciled to the accounting module Wider system expectations – Unified chart of accounts so every transaction—loan disbursement, share issue, pigmy collection or statutory fee—posts automatically to the ledger – Role-based access that mirrors Board, manager, auditor and inspector rights the Registrar mandates – On-click statutory returns (Form N, Audit Memo, etc.) plus an export layer for Registrar inspections – Comprehensive audit trail, log retention and maker-checker controls to satisfy Co-operation Department audits – Web-based interface with responsive layouts for branch counters and field pigmy collectors; APIs ready for mobile-app extension – Deployment-ready on-premise or private cloud with PostgreSQL/MySQL and an open modular code base (Java, .NET Core or similar) Deliverables 1. Functional prototype demonstrating the three personal-loan features above 2. Integrated CBS modules (membership, share capital, accounting, compliance, MIS, pigmy) in a UAT-ready build 3. Deployment scripts, database schema and complete technical/documentation pack 4. Knowledge-transfer session and 30-day post-go-live support Acceptance criteria: each loan booked through the UI must auto-post to the ledger, generate its repayment schedule and display correctly in MIS dashboards without manual intervention. With this foundation in place we can extend to business or home-loan products later, but the initial release must nail personal-loan processing and statutory compliance out of the box.
Project ID: 40529550
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9 freelancers are bidding on average ₹49,306 INR for this job

Hello, I will develop a comprehensive Co-op Core Banking Suite for Maharashtra Co-operative Credit Society, ensuring compliance with MCS guidelines and seamless management of personal loans. The system will integrate loan management, ERP, compliance tracking, audit controls, and more. Let's discuss further to bring this project to life. Thanks
₹37,500 INR in 10 days
6.0
6.0

As a multi-talented professional, I bring robust experience in designing and developing powerful software systems that meet regulatory frameworks to ensure compliance at every level. With your project's critical need for a comprehensive Core Banking System, alongside my expertise in APIs, Software Architecture, design, and strong proficiency in .NET Core, Java, PHP, and PostgreSQL - I strongly believe I'm your go-to freelancer. Moreover, my DevOps-driven approach is in line with your deployment expectation, flexible for either on-premise or private cloud with PostgreSQL/MySQL offering the scalability required for your co-operative credit society. This adaptability extends to multiple programming languages such as Java and or c# from my .NET Core expertise which grants me the ability to work and deliver on a diverse code base.
₹56,250 INR in 3 days
4.2
4.2

As a seasoned full-stack developer with a diverse range of technical skills, I am well-equipped to ensure the success of your Co-op Core Banking Suite project. Whether it's designing attractive and intuitive user interfaces that seamlessly integrate with powerful back-end systems or developing secure and scalable applications that comply with regulatory guidelines, my 5 years of industry experience and my proficiency in Java, PHP, PostgreSQL and Software Architecture will be an invaluable asset to your organization. I fully understand the complexities and unique requirements of core-banking solutions within the cooperative sector. My aim is to create a robust, integrated CBS platform that encompasses every aspect of your operations - from loan management to accounting, compliance tracking to MIS reporting, membership management to pigmy collections - all unified under a single umbrella. With an extensive background in handling large-scale projects which include diverse functions like ERPs and general ledgers to full stack solutions like MERN/MEVN stack architectures, my team and I can deliver the three key features you requested for your initial release: a sturdy loan-application workflow for personal loans; an automated repayment-schedule generation system with functionalities for holidays and moratoriums; an accurate daily balance interest calculation aligned with MCS guidelines.
₹50,000 INR in 7 days
0.0
0.0

Hi, I am an IITian with 10+ years of experience to develop similar projects ,I will build this MCS Act 1960-compliant Core Banking Suite using Java Spring Boot (microservices) with PostgreSQL for transactional integrity and audit trails, implementing double-entry bookkeeping via a General Ledger service. The loan lifecycle engine will handle disbursement, EMI scheduling with reducing-balance interest calculations, NPA classification per RBI norms, and automated statutory return generation (Form D, H, auditor schedules). Frontend in React 18 with Redux Toolkit, Keycloak for role-based access control (member/cashier/manager/auditor), Jasper Reports for compliance PDFs, deployed on Docker Swarm with daily backup to comply with Co-operation Department audit requirements. Kindly click on the chat button so I can share you my relavant projects. Lets connect
₹37,500 INR in 7 days
0.0
0.0

Hello, I am a dedicated and enthusiastic new freelancer eager to deliver high-quality work and build long-term professional relationships. Although I am new to this platform, I am committed to providing excellent communication, attention to detail, and timely project delivery. I understand your requirements and am confident in my ability to complete the project efficiently. My priority is your satisfaction, and I am willing to go the extra mile to ensure the work meets your expectations. I would appreciate the opportunity to work on your project and prove my skills through quality results. Thank you for considering my proposal. I look forward to working with you. Best regards, Rahul
₹56,250 INR in 7 days
0.0
0.0

Dombivili (W), India
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