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Simple Savings. Big Benefits.

Frequently Asked Questions

Chit Fund FAQ

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.