Benefits of Chitfund
Chit fund is a unique financial concept, which has flexibility to borrow or save.Chit funds played an important role in the financial development of people, by providing easier access to credit.
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.
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.
Benefits.
Tax Free Dividend
Easy Accessibility
User-friendly service
Absence of latent cost
No Periodic interest hikes
Exit Options with nominal charges