KSFE HRMS - Complete Guide to Features, Login & Benefits

As businesses evolve rapidly through digital transformation, the shift from traditional HRMS to cloud-based, AI-driven solutions is revolutionising HR management. These fully parameterized off-the-shelf systems help organisations stay resilient while managing their human resources more efficiently.

Imagine you are a resident of Kerala saving through KSFE's chit system. After 12 months, you can manage your chitty activities, track contributions, and view real-time updates online via the KSFE HRMS portal. With features like payroll automation and shift management, KSFE makes financial services both easy and efficient.

KSFE is a major financial service provider in Kerala that leverages technology to offer high-quality services and products. The organisation is committed to supporting the Kerala government, particularly in helping underprivileged communities access financial services. Additionally, KSFE aims to implement social responsibility initiatives, such as educational support for students in Kerala, which will positively impact society.

What is KSFE HRMS?

KSFE (Kerala State Financial Enterprises) is a government-owned financial company, initiated in 1969, which offers services such as home loans, vehicle loans, and chitty schemes. Being an entirely state-owned body of Kerala, it helps people fulfil their financial needs.

KSFE provides an alternative to private chit organisers. Its mission is to offer safe, reliable financial options to the public, particularly focusing on chitty schemes as a government-sponsored alternative.

KSFE's HRMS Features

Here are the features of KSFE’s HRMS:

• Chitty Management: Track and manage chitty activities online.
  
  
• Contribution Tracking: Monitor your monthly contributions in real-time.
  
  
• Payroll Automation: Streamline payroll processes for employees.
  
  
• Shift Management: Easily manage employee shifts and work schedules.
  
  
• User-Friendly Interface: Intuitive design for easy access to all features.
  
  

Services provided by KSFE HRMS

Here’s the explanation of each KSFE HRMS service in a table format:

How to access KSFE HRMS Portal

1. Visit the official website of KSFE HRMS.
   
   
2. Enter your credentials (username, password), and click on ‘Sign In’.
   
   
3. An OTP will be sent to your registered mobile number.
   
   
4. Enter OTP, and click on ‘Verify OTP’.
   
   
5. You’re successfully logged in to the KSFE HRMS application.
   
   

How to change password for KSFE HRMS

1. Visit the official website of KSFE HRMS.
   
   
2. Enter your credentials (username, password), and click on ‘Sign In’.
   
   
3. Click on ‘New Password’.
   
   
4. Create your new password.
   
   

How to access the KSFE HRMS app?

1. Download KSFE HRMS’s app ‘KSFE Power’ from the Google Play Store or Apple Play Store.
   
   
2. Install the application on your device.
   
   
3. Fill in all the details.
   
   
4. Enter OTP received on your registered mobile number, and click on ‘Verify OTP’.
   
   
5. You can access multiple features on the KSFE HRMS app.
   
   

Benefits of  KSFE Power app

The KSFE Power app has a host of features that help a user manage his or her chitty and register customers:

• Chitty Monthly Remittance: It lets users conveniently manage their monthly remittance.
  
  
• Proxy Submission: The users can allow KSFE to represent them in an auction.
  
  
• Chitty Passbook Download: Provides direct access to users' investment and contribution details in real time.
  
  
• Chitty Auction Results: Keeps users updated with the results of chitty auctions.

Common issues with KSFE HRMS

Here are some common problems with HRMS systems:

• Login Issues: You will face login issues if you are not a valid user, entered the wrong password or user ID, or in case your password has expired. Make sure Caps Lock is turned off because the passwords are case-sensitive.
  
  
• Data Accuracy: Your HRMS system can hold duplicate or conflicting information, or former employees may be reflected as active. This might happen due to input mistakes, self-service access, or integration issues. Always clean your data and maintain control over access to keep updating the database to prevent such things.
  
  
• Cybersecurity: Data breaches and privacy issues are very common in HRMS due to the lack of proper IT infrastructure. So you should minimise the risk by (encrypting the sensitive data, regularly doing security audits, educating employees about data security, and ensuring the HR software complies with data protection regulations).

Tips for using KSFE HRMS

Here is a table summarizing the key tips for using KSFE HRMS:

KSFE HRMS Contact Details

The contact details for the Kerala State Financial Enterprises (KSFE) HRMS are as follows: 

Office number: 0487-2337711

Conclusion:

In a nutshell, KSFE HRMS and the KSFE Power app deliver a complete suite of services for both employees and customers. The HRMS system has features such as performance management, payroll automation, and shift management to help operate the organization with more efficiency and at less cost to manage the workforce. On the other hand, the KSFE Power app has simplified chitty management by having features such as monthly remittance tracking, proxy submissions, and real-time access to investment details. 

QNAs Relate to KSFE HRMS

Q1: What does "Sala" in a Chitty mean?

The total sum of all subscriptions payable by all subscribers for any installment of the chit without any deduction for discount or other charges is meant as "Sala." It is actually more popularly referred to as "chit amount."

Q2: What is a proxy in a Chitty?

The concept of proxy in chit allows a subscriber to bid in KSFE Pravasi Chitty auctions staying away from the actual chit auction premises. On the system's initiative, it will call him up. A video guide teaches subscribers how to add and manage proxies through the application.

Q3: What are the three types of proxies?

There are three primary types: transparent, anonymous, and elite proxies. They all give different levels of anonymity and safety.

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

We are a team of writers, editors, and proofreaders with 15+ years of experience in the finance field. We are your personal finance gurus! But, we will explain everything in simplified language. Our aim is to make personal and business finance easier for you. While we help you upgrade your financial knowledge, why don't you read some of our blogs?