Chit funds have been playing a stellar role even before the advent of modern banking era, incoming to rescue of the needy at affordable terms.

• User - friendly service

• Easy Accessibility

• No periodic interest hikes

• Absence of latent cost

• Exit options with nominal charges

Chit Funds are equivalent of the Rotating Savings and Credit Associations (ROSCA) that are famous throughout the world. ROSCAs are a means to "SAVE AND BORROW" simultaneously. It is considered one of the best instruments to cater to the needs of a customer. It enables people to convert their small savings in to lump sums.

1. 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.

2. The money that you borrow is against your own future contributions.

3. The amount is given on personal sureties too; unlike in banks and other financial institutions which demand a tangible security.

4. Chit fund is a saving cum borrowing instrument, which is unique when compared to other financial systems. When you invest in chits you get more return as compared to other financial intermediaries and when you borrow you pay less interest.