"In Indian culture the very style of life is different from abroad. There is no social security system in INDIA. Therefore one has to think of contingencies of future such as for Health, for Property, for Marriages or for any other type such as Future business investments etc. So there is always a need to secure oneself for Future requirements. One has to see what are the ways in which one should make oneself to SAVE safely with maximum returns along with the timing of one's needs
The best part in chit fund is that unlike the other sources of investments such as BANKS or any other investment agency, in which one can get back what one has invested; in chit fund one always gets more than whatever one has invested in that scheme."
Q. WHY IT IS BETTER TO PROCURE FUNDS FROM CHITS ONLY ?
"One has got free hand if one has invested in a chit scheme. Whether one had planned the expenses or if there is an unplanned or unexpected expense can always be met whenever one's need comes"
Q. CAN ONE BECOME A SUBSCRIBER TO A CHIT JOINTLY WITH SOMEONE IN THE FAMILY ?
"Any one who has a regular source of income, can become member of a chit."
Q. WHAT DOES A CHIT MEANS ?
"A Chit fund is a kind of savings scheme practiced in India. A Chit fund company means a company managing, conducting or supervising, as foremen, agent or in any other capacity, chits as defined in Section 2 of the Chit Funds Act, 1982. According to Section 2(b) of the Chit Fund Act, 1982"
Q. WHO CAN BECOME A MEMBER OF A CHIT ?
"Any one who has a regular source of income, can become member of a chit. "
Q. WHAT IF ONE HAS ANY OTHER QUERIES ?
"We invite enquiries and comments from any other person or our subscribers. If you have any questions or suggestions, please feel free to fill in our enquiry form or mail us. Our representative will get back to you and resolve all your queries. "
Q. WHAT IS TO BE DONE AT CHANGE OF ADDRESS ?
"Any change of address should immediately be conveyed to us. To avoid any communication error, it is very essential. You can change your email id and mobile number in our website it self"