CHIT-BUSINESS CHIT PLAN CHIT-OPERATOR
Chit Business • Chit business and other financial
transactions. The objective of starting KSFE was to check the mushroom growth of private Chit Funds by offering effective competition and thereby safeguarding the interests of the Chit subscribers.
• The basic characteristics of Chit
Funds in the country are similar and a uniform legislation can treat them all alike. Many Chit Funds have branches in more than one state and independent Act in each state.
Chit Fund • Chit fund is a financial savings
instrument widespread from even before the formal banking system began. Such an arrangement is carried out based on coordination and trust between operators and members.
Chit Fund Concept Chit fund is considered as traditional financial machinery operated by different institutions that prevail in India. It is an indigenous mechanism which together combines savings as well as credit. This scheme is looked as an innovative access to finance and growth of lowincome household savings.
Mr. Santhosh Kumar • Whatsapp–
9590 355 556
09916 807 666 • Skype– sale.websoftex • Mobile-
• E-Mail: info@websoftex.in
•PH- 08065465475
Websoftex Software Solution Pvt Ltd
No: 240/A, 3rd Cross, Mathikere, Near SBM Bank, Bangalore-560054, Karnataka, India.