A Better Way to Save and Prosper
About Us
Your Path to Prosperity Starts Here
WHAT IS CHIT FUNDS
WHICH IS BETTER CHIT FUNDS OR RD
Secure Your Future, Invest with Us
Why to choose Shri Shimavahini Chit Funds
The Smart Choice for Your Financial Growth
Fraction Auctions
Subscribers can also bid for the auction in fractions of their total chit value. For example, 'A' had registered for 10 Lakhs chit Amount, but he wants only 6 Lakhs in between out of that. In this case, 'A' can take 6 lakhs in one auction and remaining in the subsequent auctions
Total Transparency
Careful screening of applicants to maintain quality, and complete transparency in all our activities including auction procedures.
EVEN NRI CAN INVEST
Non-Resident Indians (NRIs) have the opportunity to receive an extra 1% bonus in addition to the guaranteed 9%, offering superior returns compared to banks and a more secure investment option.
Flexibility in the value of chit amount
Customers can select and subscribe to chit schemes according to their monthly payment provisions. We have 100 Chit Schemes with Monthly installments ranging from 4,000 to 1,00,000 rupees.
Safe Investment
As a Registered Chit fund company, We must comply with government regulations for the safety of the chit subscribers. With total control of investor protection, this trust has grown and strengthened over 88 years.
Charity Activities made by the company
Embark on a financial journey with us, and together we make a difference in the lives of those in need
Tailoring Machines for Poor
Blankets for the Homeless
Helped a Medical student to achieve her dream
Benefits Of Our Chit Funds
Trust, Transparency, and Growth
Flexible In Auctions
The Chit Subscribers can auction any amount they want from their respective Chit Value.
Quicker Chit Payment
The Chit Payment will be paid within 10 days from the chit Auction.
Higher Returns
We are guaranteeing a total return of a Minimum of 9% on our chit groups
Goverment Registered Chit Fund Company
We are certified registered company issued by Goverment of India
Fraction Chit
We, Shri Shimavahini Chit Funds (P) LTD are the pioneers in introducing the concept of Fraction chit in India
A fraction chit is an unique type of chit fund where the value of the chit is divided into fractions, each representing a different monetary value. Subscribers can buy any number of fractions they want, and at the end of each period of the chit cycle or during any chit auction, the participant holding that fraction receives the prize amount. The amount that a participant receives at the auction is proportional to the number of fractions they hold. Fraction chits are often used by those who do not need the full value of the chit but would like to participate in the chit fund for a smaller amount.
Testimonials
What Our Clients Say About Us
