FAQ About Our Chit Fund
Find Your Answers Here
1. Who can join your chit fund? ▼
Any customer who completes KYC and makes the first instalment can join.
2. When will the auction take place? ▼
Auctions are conducted monthly as per the chit schedule.
3. Are there any joining conditions? ▼
Yes. First instalment must be paid before auction participation.
4. What if I receive the chit amount early? ▼
You must continue paying monthly instalments until the end of the term.
5. What is the discount range? ▼
Early months: up to 30%
Mid months: up to 25%
Later months: 20%
6. What documents are required? ▼
Aadhaar, PAN, address proof, and signed chit agreement.