FAQ

How safe is my money with SGA Chit Funds?
Why should I join SGA Chit Funds?
How is a chit fund a better saving option, when compared to a deposit in a Bank, Mutual fund etc.?
Who is a prized subscriber?
Who is a non-prized subscriber?
What are the benefits?
What are the benefits of receiving chit amount in the first few months, at a discount or loss?
What is auction discount?
What is an auction?
What is chit dividend?
How many sureties or guarantors are required?
What regulations does the chit fund company follow?
Why are sureties or guarantors taken?
What action will be taken against defaulting subscribers?
Can I withdraw from a chit group after becoming a member?
How soon can I expect payment once I bid for the chit?