The subscribers trust us to take care of their hard-earned money and realize, they can bank on us when in urgent need of funds for any purpose, be it Medical, Education, Marriage, House Purchase, Travel etc. Though chit fund is equally popular across all categories, whether salaried, business or even housewife, it is the Small & medium entrepreneurs who reap the maximum benefits of chit funds for their business start-up, expansion as well as working capital, as unlike banks, we are much more supportive and understand their needs and try to service it in a quick & efficient manner.

How Chit Fund Helps?

•   Chit Funds have the advantage both for serving a need and as an investment. Money can be readily drawn in an emergency or could be continued as an investment.
•   Interest rate is determined by the subscribers themselves, based on mutual decisions and varies from auction to auction.
•   The money that you borrow is against your own future contributions.
•   The amount is given on personal sureties too; unlike in banks and other financial institutions which demand a tangible security.
•   Chit funds can be relied upon to satisfy personal needs. Unlike other financial institutions, you can draw upon your chit fund for any purpose – marriages, religious functions, medical expenses, children’s education, etc.
•   Cost of intermediation is the lowest.
•   Chit fund is a saving cum borrowing instrument, which is unique when compared to other financial systems. When you invest in chits you get more return as compared to other Financial Intermediaries and when you borrow you pay less interest?