Chit fund rules, chit fund systems, chit fund updates, chit fund news

CHIT LAWS CHIT FUND PROCESS

CHIT LAWS In

India, if the value of the chit run by a chit fund operator exceeds Rs. 100 and is not registered, it is considered to be an illegal chit fund.

SAFE AND SOUND Every

institutionalized and registered chit fund is safe and sound and offer greatest support to its customers.

A CHIT FUND COMPANY A

Chit fund is a kind of savings scheme practiced in India. A chit fund company is a company that manages, conducts, or supervises such a chit fund, as defined in Section of the Chit Funds Act, 1982.

According to Section 2(b) of the Chit Fund Act, 1982:

CHIT FUND COMPANY USUALLY  To

start a chit, a chit fund company usually advertises a chit fund scheme and enrolls interested members. All chit fund schemes have a period, contribution and a set of members. the number of members in the chit will equal to the period, and each of member will be required to contribute a fixed amount for each period.

PH-

Whatsapp–

MobileSkype–

support@websoftex.in

WEBSITE http://chitfundsoftware.in

# 240/A, 3rd Cross, Gokula 1st Stage, 1st Phase Mathikere, Bangalore - 560 054, Karnataka, India.