A chit is the main money related item that permits you to spare and get. The rate of return produced by sparing utilizing a chit is much higher than what is offered by banks. The hazard required in sparing utilizing a chit would rely on upon the chit finance organization. We would prescribe utilizing an enlisted chit subsidize organization which has been working for no less than 8 years or more with a demonstrated reputation.
Chit-Funds are a main method of saving cum getting from time immemorial. The idea of Chit Fund is based upon the key of publicity, whereby a gathering of people take an interest in a plan to contribute settled periodical sums and transport the sum so gathered, in turn, to each of the members. The manager i.e., the Chit Fund Company itself carries on this plan of chit finance.