About Us
Jayambika Chits Pvt. Ltd., caters the financial need by combining the savings and credit scheme.
A chit fund is a traditional way of savings and borrowing mechanism.
Why Jayambika chit fund?
Professionaly managed and provides services to the subscribers with a track record.
How safe is money with chit fund?
Safety of one's money depends on intergrity of the person handling funds and with working over 20 years they have not defaulted in repayment of any person's money.
How it works.
Chit Fund comprises a group of members, called subscribers. A company brings the group together and administers the activities of the group. For their efforts, these organizer either compensated each month or at withdrawal time.
The fund starts at an announced date and continues for the number of months. Each month, the subscribers put in their monthly installments into the pot. Then, an open auction is conducted to determine the lowest sum.
Benefits of Chit Fund.
Chit fund is a unique financial concept, where the person has flexible to borrow or save. By paying one-month installment amount, a person can get to borrow from chit value, by offering a discount not exceeding the maximum limit.
With the arrival of ecommerce in India, chit funds have also started going online. Online funds conduct auctions, and subscribers can pay their monthly dues and receive the prize amounts online through online transactions.
Chit fund is a good savings for small investors and brings rules in investments. It can be reliable source of fund in case of an emergency.
Why Invest In Chit Fund?
Hasslefree Documentation
You can get funds in a timely manner without the hassles of extensive paper work.
Our Attractive Plans
Chit Amount | Members count (Month) | Monthly Payable Amount for scheme | |
---|---|---|---|
Minimum | Maximum | ||
1,00,000/- | 25 | 3,000 | 4,000 |
2,00,000/- | 25 | 6,000 | 8,000 |
5,00,000/- | 25 | 15,000 | 20,000 |
5,00,000/- | 40 | 8,750 | 12,500 |
10,00,000/- | 40 | 17,500 | 25,000 |
20,00,000/- | 40 | 35,000 | 50,000 |
Total Branches
Total Subscribers
Total Chit Groups
Yearly Transactions(crores)
Team
Vasanth Shetty
Managing DirectorVasanth Shetty
A Suresh Rai
DirectorA Suresh Rai
Videos
Contact Us
B Wing, 5th Floor,
Ram Bhavan Complex, Kodailbail
Mangaluru, Karnataka-575003
0824 2429797
0824 2412304
Moodabidri Branch
Samaj Mandir Complex,
Main Road,
Moodabidri-574227
-
08258 238977
9880883464
Puttur Branch
Putur Center,
Taluk Office Road,
Puttur-574201
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08251 234497
9740099797