Chit Funds – know how

How Chit Funds Help Build Wealth: Smart Bidding, Dividends & Savings

How Chit Funds Help Build Wealth: Smart Bidding, Dividends & Savings

Master the Art of Turning Chit Funds into Disciplined Savings and a Strategic Investment Tool with Proven Auction Strategies and Dividend Benefits Introduction Building wealth isn’t just about saving money—it’s about making smart, strategic financial choices. For generations in Tamil Nadu, Chit Funds have empowered individuals and businesses to grow their wealth by combining savings, […]
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The Ultimate Guide to Choosing the Right Chit Fund Scheme in Tamil Nadu

The Ultimate Guide to Choosing the Right Chit Fund Scheme in Tamil Nadu

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 […]
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How chit funds works blog thumbnail

How chit funds works

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 […]
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chit funds schemes in chennai

History of chit funds

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 […]
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