A Chit Fund is a trusted and traditional savings and investment system where a group of people contribute a fixed amount every month for a specific period. Every month, one member receives the collected amount as a lump sum, helping them meet financial needs like business, education, marriage, or emergencies.

Chit funds encourage disciplined savings while offering flexibility and financial support without complex banking procedures.

1. A group of members join a chit fund scheme.

2. Each member pays a fixed monthly installment.

3. Every month, an auction or draw is conducted.

4. One member receives the total collected amount.

5. The process continues until all members receive the chit amount once.

6. Members continue paying installments till the end of the chit period.

At Pragadeesh Chit Funds Pvt Ltd, all chit fund operations are handled transparently and professionally to ensure trust and security.

✔ Encourages regular savings
✔ Easy access to lump-sum funds
✔ No complex loan approvals
✔ Suitable for business, education, and personal needs
✔ Flexible and affordable monthly contributions
✔ Trusted system followed for generations
✔ Transparent and secure management

With 18+ years of experience, Pragadeesh Chit Funds Pvt Ltd offers reliable chit fund solutions that help you achieve your financial goals with confidence.