 Introduction to Chit Fund  How chit fund works  Chit fund software's  Benefits of chit funds  Useful websites  Summary.

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Presentation transcript:

 Introduction to Chit Fund  How chit fund works  Chit fund software's  Benefits of chit funds  Useful websites  Summary

 What is chit fund: A chit fund is a type of saving scheme in India. Chit fund means an institution which accepts savings at interest and offer money for house and other needs.

 Chit fund companies that organize and supervise such schemes are regulated by the chit fund act of that region.  The chit money collected every month is open for bidding and a member placing the lowest bid gets the money.

 Chit fund software is designed specifically to meet the unique needs of chit fund companies by providing an integrated accounting.

 Designed for chit fund companies.  Play important role in today’s digital marketing.  Time saving concept

 A unique financial concept  flexible to savings  The rate of take is cheaper than other financial schemes

 No formalities needed to join chit fund companies  Confidential returns  Also available for small savings  Doorstep facilities available