Our deep thought dream is to help rural people achieve their dreams in a simple way.
Palani Sree Jayamurugan chit (P) Ltd. is a company formed under the influence of high thinking to implement this scheme and improve the economic condition of the people.
A chit scheme is a financial scheme designed to provide them with the funds they need to fulfill their dreams.
This company was started on 10th February 2019. We are running chit from 50,000 to 50,00,000 in our company.
We are planning to hold chit up to 1 crore to help traders fulfill their dreams.
Congratulations and welcome to create your dream life with us.
Compared to banks, Chit Funds require less documentation, are more flexible about collateral, and allows to determine own interest rate.
Is A Company With Second Generation Of Your Trust. Our Group Companies Continued To Grow At The Rapid Pace And Bears Testimony To The Execptional Service Quality. Palani Sree Jayamurugan Chits Is One Of The Largest Growing Chit Companies In Tamil Nadu,We Have Got Experiences In The Finance Industry About 25years And Has A Network Of 3 Chit Funds Branches In Tamilnadu.
Secure Transactions:
Our financial transactions are registered with the central and state governments with their bank accounts.
Good Returns:
Higher returns compared to banks and other financial institutions.
Good Investment:
The investment made here will 100% help you achieve your dreams later on.
Simple Procedures:
A simple method is followed to get emergency funds from your savings.
Documents and collaterals:
Our Chit company require fewer documents as compared to banks. There is more flexibility about the collateral and the interest rate is less determined.
In a chit fund scheme, a group of people contribute periodically to the chit value for a period equal to the number of investors (members or subscribers). The amount collected will be given to the selected person through auction.
The slip is viewed for personal use and savings. It can be withdrawn at any time interval. There are no complicated procedures to apply for a loan from chitfunds. Simple procedure is followed.
In a Chitfunds scheme a group periodically contributes to the value of the ticket for a period equal to the number of investors (20 subscribers for 20 months).The amount collected from this group is paid to the selected person through auction (or) interest calculation.
A chitfund company comes under the category of non-banking financial companies (NBFC). Chitfund Business is started as a private limited company with business objective “Chitfund Business”. A chitfund company can obtain registration and registration certificate from central and state governments. CHITS can be run by a newly incorporated private company. Can enable continuous business.
100% safe and best investment company. Helping you make smart financial choices. Offers plans that suit your income. Higher income and better financial advice is provided. Customer friendly and excellent service, easy approach, prompt disbursement company. Employees who serve with polite and respectful words. Own building office as a symbol of trust, excellent service and commercial warranty registered company.
Registered chit funds (companies) are governed by strict rules under the Chit Funds Act, 1982. And money invested in tickets is very safe. Chitfund companies are required to keep an amount equal to 100% of the total chit value of all chits they conduct in fixed deposits with banks in the name of the chit registrar throughout the chit period.