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Chit funds
- Journey towards financial stability

Pay with UPI

Empower Your Finances

Save

Safeguard your future with our chit fund savings. Start setting aside funds systematically for your financial goals.

Borrow

In need of financial assistance? Bid and borrow from the chit fund, tailored to your specific requirements, without high-interest rates.

Reap

Reap the benefits of collective savings. Join auctions and potentially win the prize amount, helping you achieve your financial aspirations.

Chitfunds are suitable for

  • Small Business Owners
  • Housewives
  • Salaried Professionals
  • Self-Employed Individuals
  • Retirees and Pensioners
  • Freelancers
  • Students

Chitfunds can help you with

  • Funding Small Business
  • Education Expenses
  • Meeting Medical Bills
  • Purchasing Assets
  • Home Renovation
  • Buying Vehicle
  • Planning Special Occasions

What people
say about us

"Joined LPJ Chits and won big in my first auction. Excited for more cycles!"

Ramaiah MVK

"Smart investment choice! LPJ Chits made it easy and rewarding"

Vinod Kumar

"Perfect timing! The prize amount boosted my business."

Prakash Amidala

"Dependable chit fund services. Optimal returns & hassle-free participation."

Vijay

Frequently
Asked Questions

Here are answer to all of your questions.

A chit fund is a type of savings scheme where a group of people come together to contribute a certain amount of money periodically. This pooled fund is then given to one member as a prize amount through an auction process, and this continues until all members receive the prize.

Participants in a chit fund contribute a fixed amount regularly, forming a pool. Each month, this pool is auctioned, and the highest bidder (usually needing urgent funds) receives the prize. The process repeats until everyone gets a chance to receive the prize.

Yes, chit funds are legal in India and are regulated by the Chit Funds Act, 1982. The Act provides guidelines and regulations to ensure the proper functioning and protection of the interests of subscribers.

Joining a chit fund provides a disciplined savings approach, access to funds in case of emergencies, and an opportunity to win a lump sum amount through auctions, which can be used for various purposes.

The auction winner in a chit fund is determined based on the highest bid amount offered by a member during the auction process. The member with the highest bid at the end of the auction round receives the prize amount.

Now Get Discount

Consistent Mobile or Web Payments? Enjoy Rebates on Your Next Chit Installment!

₹ 50

For Chits of value 3,00,000 and below

Settle Full Installments Promptly, 10 Days Post Chit Auction!

₹ 20

For Chits of value 3,00,000 and below

Settle Full Installments Promptly, 11-20 Days Post Chit Auction!

₹ 100

For Chits of value above 3,00,000

Settle Full Installments Promptly, 10 Days Post Chit Auction!

₹ 25

For Chits of value above 3,00,000

Settle Full Installments Promptly, 11-20 Days Post Chit Auction!

Seamless Installment Payments

Choose UPI or Bank Transfer!

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