Cursor Soft has developed a collection system for NBFC, in this system operators can collect payment via Hand Held Terminal (HHT). This terminal can be accessed through magnetic/RFID card which is issued by corporation to their customers. After entering the required details customer gets a printed receipt of the transaction and the details of transaction is being updated on the server. Through this monitoring of instalment collection cycle on daily basis is possible without any delay. 100% secured transactions, functional reliability and flexibility. Time saving receipt generating process. Daily/weekly/month/quarterly report facility.