Why Chit?
Chit funds have been playing a stellar role even before the advent of modern banking era, in coming to rescue of the needy at affordable terms.
This system has numerous built-in advantages due to which people prefer this option over other formal institutions. These are:
- Tax Free Dividend
- Easy Accessibility
- User-friendly service
- Absence of latent cost
- No Periodic interest hikes
- Exit Options with nominal charges
