Chit Funds – know how

Everything You Need to Know About Chit Funds – How They Work, Their Legal Protection, and Why They Remain a Trusted Financial Option for Modern Investors in Tamil Nadu Introduction: In 2025, with the rising demand for flexible, reliable savings and borrowing solutions, Chit Funds have once again gained popularity across Tamil Nadu. Trusted by […]

For many individuals in Tamil Nadu—especially salaried professionals and small business owners—managing savings while maintaining access to funds can be a challenge. That’s where chit-based savings solutions play a powerful role. These structured, community-based models combine the benefits of saving and borrowing under one roof. In this guide, we’ll walk you through the different types […]

Investment is an integral part of financial planning, especially for professionals in the IT industry. With their high earning potential and a desire for wealth creation, IT professionals are often on the lookout for smart investment options. One such option that they can consider is chit funds. Chit funds, also known as chit schemes or […]

Chit funds have become a popular investment option for working professionals due to their unique features and benefits. In this article, we will discuss five key points about chit funds that make them an attractive investment avenue for individuals with a steady income. Easy Accessibility and Flexibility: One of the major advantages of investing in […]

How to profit from chit funds Chit funds are a great way to save money and make a profit. Here are a few tips on how to get the most out of chit funds: 1. Save regularly: The key to making a profit from chit funds is to save regularly. By putting away a fixed […]

Things to look for when investing in chit funds? 1. Ensure it is a registered Chit funds Chit funds are a popular savings and investment tool in India, but before you invest your money in one, it’s important to make sure it is a registered chit fund. This will protect you from fraud and ensure […]

Chits Works 1. Join a group and Contribute to the pot Once all slots in a group are filled, the group can start. Every month, each member pays their subscription amount to create the ‘pot’ (the value of this total collection is also known as chit value). 2. Bidding to win the pot Members of […]

Chit Funds History Chit funds are an age old tradition in India that are still going strong. They are a type of savings scheme where a group of people pool their money together and then take turns to withdraw the pot. In this video we explore the history and origins of chit funds, and how […]

The term chit fund has now been globally operated and the system has won universal acclaim which is an Indian concept. Many years ago a small group of farmers started a unique scheme in the southern part of India. Every farmer gave a fixed quantity of grains periodically to a chosen trustee. The organizing person […]