Chit Fund

What is a Chit Fund?

A Chit Fund is a saving scheme that also provides an easy way for the people involved in it to borrow money. It works as a great saving scheme because the returns are higher than other savings methods in the market. Ambika Chit Funds (registered under the Central Chit Fund Act, 1982) has been providing these attractive saving options for over 50 years and apart from that, we are also making sure that your lending/borrowing processes are made easy with no hassle.
We believe in the saying “less paperwork and more trust”, which in our experience is rarely the case with the banking sector. Our vision to make dreams come true is meant to be all-inclusive and hence, we support people across all economic strata.

Why choose Ambika Chits?

As an individual who has a need to borrow money, you usually have the option of taking a loan from either of three different stakeholders.

1. Friends and Family

They will be happy to lend you the money, but when it comes to repayment, there will be a sense of unease and perhaps disappointment and friction.

2. Aggressive Moneylenders

Borrowing money from those in the unorganized Financial sector would leave room for uncertainty and could push you into a difficult situation where you will face aggressive and harsh approaches when it comes to loan repayment.

3. Banks

Applying for a loan is a long drawn process which requires verification and multiple documentation and, over and above this you’ll also have to provide collateral. You will have to wait long periods of time before the loan is actually sanctioned to you.
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With Ambika Chits, you can get yourself enrolled in a day and there is little to no paperwork that you would need to go through before you get started. We’ve been doing this for over 50 years, to help nurture our customer’s dreams and aspirations.
Chit Schemes
Subscription Duration Members Value
5,00,000 20 20 100,00,000
2,50,000 20 20 50,00,000
1,25,000 20 20 25,00,000
50,000 20 20 10,00,000
25,000 20 20 5,00,000
15,000 20 20 3,00,000
10,000 20 20 2,00,000
5,000 20 20 1,00,000
2,500 20 20 50,000
SAVE AND BORROW money easily and learn more about it by SIGNING UP