{"id":156,"date":"2022-09-07T17:01:02","date_gmt":"2022-09-07T11:31:02","guid":{"rendered":"https:\/\/radhamadhavchits.com\/?page_id=156"},"modified":"2022-09-18T13:53:16","modified_gmt":"2022-09-18T08:23:16","slug":"chit-fund","status":"publish","type":"page","link":"https:\/\/radhamadhavchits.com\/index.php\/chit-fund\/","title":{"rendered":"Chit Fund"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Header” _builder_version=”4.16.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”rgba(15,17,84,0) 0%|#0f1154 97%” background_color_gradient_overlays_image=”on” background_image=”https:\/\/radhamadhavchits.com\/wp-content\/uploads\/2022\/09\/Financial-Firm-11.jpg” min_height=”508.8px” custom_padding=”10%||0px||false|false” locked=”off” collapsed=”on” global_colors_info=”{}”][et_pb_row _builder_version=”4.16.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”94fa2ee4-6b60-4d0b-b837-7f0ceae12b87″ header_font=”Montserrat|700|||||||” header_text_color=”#FFFFFF” header_font_size=”125px” header_line_height=”110%” custom_padding=”||0px|||” text_font_size_tablet=”” text_font_size_phone=”14px” text_font_size_last_edited=”on|phone” header_font_size_tablet=”40px” header_font_size_phone=”54px” header_font_size_last_edited=”on|tablet” header_2_font_size_tablet=”30px” header_2_font_size_phone=”20px” header_2_font_size_last_edited=”off|desktop” global_colors_info=”{}”]<\/p>\n

What is Chit Fund?<\/strong><\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” admin_label=”About” _builder_version=”4.16.0″ _module_preset=”default” background_color=”#0F1154″ min_height=”968.6px” custom_padding_tablet=”” custom_padding_phone=”0px||||false|false” collapsed=”on” global_colors_info=”{}”][et_pb_row _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”7b6dbeca-d8f6-406f-b729-775afda17624″ text_font_size=”24px” header_4_font=”Montserrat|700|||||||” header_4_text_color=”#FFFFFF” header_4_font_size=”28px” header_4_line_height=”1.6em” custom_margin=”-131px||0px||false|false” header_4_font_size_tablet=”22px” header_4_font_size_phone=”16px” header_4_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

Chit Funds are classified as miscellaneous non-banking financial institutions, or informally occur between friends, relatives, or neighbours.<\/strong><\/span><\/p>\n

A Chit Fund is a savings borrowing scheme, in which a group of people enters into an agreement to contribute fixed deposits periodically, for a specific period of time. The amount so collected ( or the chit value ) is distributed among each of the persons in turns, which is determined by way of lots or an auction.<\/strong><\/span><\/p>\n

The Chit Fund company is a company that operates, conducts, or manages a chit scheme.<\/strong><\/span><\/p>\n

Chit Funds provide an opportunity to save some amount on a daily, weekly or monthly basis, and give easy access to it in case of\u00a0 contingency or any personal needs.<\/strong><\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image title_text=”HOW CHIT FUND WORKS” _builder_version=”4.18.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” src=”https:\/\/radhamadhavchits.com\/wp-content\/uploads\/2022\/09\/HOW-CHIT-FUND-WORKS-1.png” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/radhamadhavchits.com\/wp-content\/uploads\/2022\/09\/CHIT-FUND-ACT.png” title_text=”CHIT FUND ACT” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”About” _builder_version=”4.16.0″ _module_preset=”default” background_color=”#FFFFFF” custom_padding=”0px||0px||false|false” collapsed=”on” global_colors_info=”{}”][et_pb_row column_structure=”2_5,3_5″ custom_padding_last_edited=”on|phone” _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”50px||50px|60px|true|false” custom_padding_tablet=”|||30px|true|false” custom_padding_phone=”|||20px|true|false” box_shadow_style=”preset4″ box_shadow_horizontal=”-40vw” box_shadow_vertical=”0px” box_shadow_color=”#0F1154″ global_colors_info=”{}”][et_pb_column type=”2_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16.0″ _module_preset=”44e52539-cead-43e5-bd57-eb8d3d608b93″ header_2_font=”Montserrat|700|||||||” header_2_text_color=”#1D4EFF” header_2_font_size=”60px” header_2_line_height=”120%” header_4_font_size=”16px” header_4_letter_spacing=”5px” custom_margin=”||30px||false|false” header_2_font_size_tablet=”30px” header_2_font_size_phone=”20px” header_2_font_size_last_edited=”on|tablet” locked=”off” global_colors_info=”{}”]<\/p>\n

<\/h2>\n

Benefits Of<\/h2>\n

Chit Funds\u00a0\u00a0<\/h2>\n

[\/et_pb_text][et_pb_image src=”https:\/\/radhamadhavchits.com\/wp-content\/uploads\/2022\/09\/PIG.jpg” _builder_version=”4.18.0″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″ title_text=”PIG”][\/et_pb_image][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”596f4725-1c36-45b8-8f21-69157f74cf89″ text_font=”Roboto|500|||||||” text_text_color=”#000000″ text_font_size=”18px” text_line_height=”180%” hover_enabled=”0″ text_font_size_tablet=”” text_font_size_phone=”14px” text_font_size_last_edited=”on|phone” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

    \n
  • Chit Funds offer you the advantage of saving as well as borrowing<\/span> since the deposits made by all the subscribers are turned into a lump sum<\/span>.<\/li>\n
  • It inculcates the habit of saving<\/span> and setting apart a particular amount every month towards investment for a rainy day.<\/li>\n
  • Quick access to money<\/span> since it’s easy to join a chit-fund scheme, and you can borrow the lump sum (the pot) by just paying the first installment.<\/li>\n
  • No questions will be asked<\/span>, you don’t need to reveal the purpose of using the borrowed money. You can use it for marriage, shopping, travel, medical expenses, religious ceremonies, festivals, children’s education, business activities, etc.\u00a0<\/span><\/li>\n
  • Chit Fund acts as a contingency<\/span>. You can easily access the money to meet unexpected expenses, financial emergencies, or some personal needs.<\/li>\n
  • High dividend\/ discount:<\/span> The subscribers get a dividend that is comparatively higher than the interest accrued on the money saved in various deposit schemes.<\/li>\n
  • Low Interest:<\/span> The subscribers mutually determine the interest rate, and it varies from auction to auction. Additionally, the interest rate of borrowing from the chit fund is comparatively lower than other forms of borrowing\/ moneylenders.<\/li>\n
  • Intermediation cost<\/span> is the lowest<\/span> in the market.<\/li>\n
  • Exit Options with nominal changes.<\/span><\/li>\n
  • No periodic interest hikes.<\/span><\/li>\n<\/ul>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”FAQ” _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”1px||1px||true|false” hover_enabled=”0″ locked=”off” collapsed=”on” global_colors_info=”{}” background_color=”rgba(0,0,0,0.03)” sticky_enabled=”0″][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font=”Montserrat|700|||||||” text_font_size=”42px” header_font=”Montserrat|700|||||||” header_font_size=”60px” custom_padding=”|0px||||” global_colors_info=”{}”]<\/p>\n

    Chit Fund Companies can be categorized as Registered<\/strong> and Non- Registered chit companies<\/strong><\/span><\/h2>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font=”Montserrat|700|||||||” text_font_size=”42px” header_font=”Montserrat|700|||||||” header_font_size=”46px” width=”100%” global_colors_info=”{}”]<\/p>\n

    Registered Vs Non Registered Chit Fund<\/span><\/strong><\/h1>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16.0″ _module_preset=”default” custom_padding_tablet=”||30px||false|false” custom_padding_phone=”||30px||false|false” custom_padding_last_edited=”on|tablet” global_colors_info=”{}”][et_pb_accordion open_toggle_text_color=”#0C71C3″ open_toggle_background_color=”RGBA(255,255,255,0)” closed_toggle_background_color=”RGBA(255,255,255,0)” toggle_icon=”||fa||900″ icon_color=”#1D4EFF” use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.18.0″ _module_preset=”default” toggle_text_color=”#0C71C3″ toggle_font=”Montserrat|700|||||||” toggle_font_size=”18px” toggle_line_height=”150%” body_font=”Roboto|500|||||||” body_font_size=”18px” body_line_height=”180%” custom_margin=”||||false|false” custom_padding=”||||false|false” toggle_font_size_tablet=”16px” toggle_font_size_phone=”14px” toggle_font_size_last_edited=”on|tablet” body_font_size_tablet=”16px” body_font_size_phone=”14px” body_font_size_last_edited=”on|phone” border_width_all=”0px” border_width_bottom=”1px” border_color_bottom=”#E5E5E5″ locked=”off” global_colors_info=”{}”][et_pb_accordion_item title=”Registered Chit Fund” open=”on” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

    Respective State Government appoints the Registrar of Chits, who regulates the chit funds under The Chit Funds Act, 1982 and the rules framed under it.<\/p>\n

    It is always advisable for subscribers that in order to secure their investment, always go with the Registered Chit Fund Companies<\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Compliance Driven Approach – Secure” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    Since the financial health of the company can be tracked therefore it is more secure for investors and borrowers.<\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Monitored by Authority” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    Registered Chit Fund companies cannot deviate the funds for some other purpose other than the chit fund and are being monitored by the authority from time to time<\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Security Deposits” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    Security Deposits are with the government to protect the subscribers<\/p>\n

    [\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_accordion open_toggle_text_color=”#dba93d” open_toggle_background_color=”RGBA(255,255,255,0)” closed_toggle_background_color=”RGBA(255,255,255,0)” toggle_icon=”||fa||900″ icon_color=”#1D4EFF” use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.18.0″ _module_preset=”default” toggle_text_color=”#dba93d” toggle_font=”Montserrat|700|||||||” toggle_font_size=”18px” toggle_line_height=”150%” body_font=”Roboto|500|||||||” body_font_size=”18px” body_line_height=”180%” custom_margin=”|-21px|||false|false” custom_padding=”||||false|false” toggle_font_size_tablet=”16px” toggle_font_size_phone=”14px” toggle_font_size_last_edited=”on|tablet” body_font_size_tablet=”16px” body_font_size_phone=”14px” body_font_size_last_edited=”on|phone” border_width_all=”0px” border_width_bottom=”1px” border_color_bottom=”#E5E5E5″ global_colors_info=”{}”][et_pb_accordion_item title=”Non-Registered Chit Fund” open=”on” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

    Unregistered chit funds are saving schemes that are operated among friends, family or colleagues.<\/span><\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Unorganized Structure – Less Secure” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    Because they are Non-Registered therefore it is seen that these businesses are running without Checks & Balances and No proper compliances are taken care.<\/span><\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Lack of Governing Body” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    In the absence of the governing body, No Compliances & No Audits by the government department hence financial health of the company can’t be tracked.<\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”No Security Deposits” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    No Security Deposits with the government to protect the investors and the borrrowers.<\/p>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Non-Registered were banned by Government” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    In 2019, the Banning of Unregulated Deposits Act was passed.<\/p>\n

    Non-Registered Chit Funds come under this category<\/p>\n

    [\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service” _builder_version=”4.16.0″ _module_preset=”default” background_color=”#0F1154″ custom_margin=”||||false|false” custom_padding=”0vw||0vw||true|false” locked=”off” collapsed=”on” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#FFFFFF” custom_margin=”||||false|false” custom_padding=”0px||0px||false|false” box_shadow_style=”preset4″ box_shadow_horizontal=”40vw” box_shadow_vertical=”0px” box_shadow_color=”#FFFFFF” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/radhamadhavchits.com\/wp-content\/uploads\/2022\/08\/Financial-Firm-3b.jpg” title_text=”Financial Firm 3b” _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16.0″ _module_preset=”default” custom_padding=”10%||30px||false|false” custom_padding_tablet=”|||30px|false|false” custom_padding_phone=”|||30px|false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”89e8f159-669b-4873-a528-8be274fa7efc” header_4_font=”Montserrat|700||on|||||” header_4_text_color=”#0F1154″ header_4_font_size=”16px” header_4_letter_spacing=”0.3em” header_4_line_height=”1.6em” custom_margin=”||0px||false|false” header_4_font_size_tablet=”14px” header_4_font_size_phone=”12px” header_4_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    \u0939\u092e\u093e\u0930\u093e \u091a\u092f\u0928 \u0915\u094d\u092f\u094b\u0902!<\/strong><\/h2>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.16.0″ _module_preset=”44e52539-cead-43e5-bd57-eb8d3d608b93″ header_2_font=”Montserrat|700|||||||” header_2_text_color=”#1D4EFF” header_2_font_size=”60px” header_2_line_height=”120%” header_2_font_size_tablet=”30px” header_2_font_size_phone=”20px” header_2_font_size_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

    Why To Choose Us?<\/h2>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”596f4725-1c36-45b8-8f21-69157f74cf89″ text_font=”Roboto|500|||||||” text_text_color=”#000000″ text_font_size=”18px” text_line_height=”180%” custom_padding=”2px||0px|||” text_font_size_tablet=”” text_font_size_phone=”14px” text_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

    We are a Registered Chit Fund Company<\/strong><\/span>.<\/p>\n

    Our company was incorporated in May 2019, under the guidance of Shri Rakesh Sharma Ji, Director.<\/p>\n

    Our Mission – Even before the official launch of #VocalSeLocal<\/strong><\/span> in 2020 by our Honourable PM of India, we intended to support Indian Businesses, helping SMEs in arranging working capital at low rates and as early as possible, so that these businesses can grow, with them India’s unorganized sector can grow.<\/p>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Features” _builder_version=”4.16.0″ _module_preset=”default” locked=”off” collapsed=”on” global_colors_info=”{}”][et_pb_row column_structure=”1_5,3_5,1_5″ custom_padding_last_edited=”off|desktop” _builder_version=”4.16.0″ _module_preset=”default” background_color=”rgba(255,186,82,0.2)” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” custom_padding_tablet=”30px|30px|30px|30px|false|false” custom_padding_phone=”30px|30px|30px|30px|false|false” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Registered Chit Fund Company<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    Registration No: 2827\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0
    CIN: U67100DL2019PTC35036<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.16.0″ _module_preset=”default” background_color=”rgba(29,78,255,0.1)” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”||||true|true” custom_padding_phone=”||||true|true” custom_padding_last_edited=”on|tablet” global_colors_info=”{}”][et_pb_icon font_icon=”||divi||400″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Compliance Always On Time<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.16.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    Regd. under the Chit Fund Act,1982 & Delhi Chit Fund Rules, 2007.\u00a0<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button _builder_version=”4.18.0″ _module_preset=”46e3e86d-1741-4d1b-916a-0539f4e10574″ custom_button=”on” button_text_size=”18px” button_text_color=”#000000″ button_bg_color=”#FFFFFF” button_border_width=”0px” button_border_radius=”0px” button_font=”Roboto|500|||||||” button_use_icon=”off” custom_padding=”10px|20px|10px|20px|true|true” button_text_size_tablet=”” button_text_size_phone=”14px” button_text_size_last_edited=”on|phone” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.18.0″ _module_preset=”default” background_color=”#efefef” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”||||true|true” custom_padding_phone=”||||true|true” custom_padding_last_edited=”on|tablet” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    101% Safe<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    Bank FDs are being offered to the Registrar of the Delhi Chit Fund Department as chit security as per the Chit Fund Act, 1982.<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.16.0″ _module_preset=”default” background_color=”rgba(0,201,201,0.1)” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Instant Prized Amount Payment<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.16.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    After subscriber wins the auction, the prized amount is instantly paid to them.<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.18.0″ _module_preset=”default” background_color=”#fff3ba” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” custom_padding=”||||true|false” custom_padding_tablet=”||||true|true” custom_padding_phone=”||||true|true” custom_padding_last_edited=”on|tablet” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Customer Centric<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.16.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    Timely updates and follow ups for all the subscribers.<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.16.0″ _module_preset=”default” background_color=”rgba(15,17,84,0.1)” custom_margin=”10px||||false|false” custom_padding=”30px|20px|30px|20px|false|true” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#0F1154″ icon_width=”55px” align_tablet=”left” align_phone=”left” align_last_edited=”on|tablet” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][\/et_pb_icon][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”f07e4c19-df6a-4a1c-ba9b-f1eac659f65f” header_3_font=”Montserrat|700|||||||” header_3_text_color=”#0F1154″ header_3_font_size=”18px” header_3_line_height=”1.4em” custom_margin=”||0px||false|false” header_3_font_size_tablet=”16px” header_3_font_size_phone=”14px” header_3_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

    Transparent policies<\/h3>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”ff518096-fd45-48c0-8edd-f1c449eb99fb” text_font=”Roboto|500|||||||” text_text_color=”rgba(15,17,84,0.64)” text_font_size=”16px” text_line_height=”180%” text_font_size_tablet=”15px” text_font_size_phone=”13px” text_font_size_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n

    All the policies are communicated to our subscribers timely that is amended by the Registrar Body.<\/p>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

    What is Chit Fund?Chit Funds are classified as miscellaneous non-banking financial institutions, or informally occur between friends, relatives, or neighbours. A Chit Fund is a savings borrowing scheme, in which a group of people enters into an agreement to contribute fixed deposits periodically, for a specific period of time. The amount so collected ( or […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-156","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/pages\/156"}],"collection":[{"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/comments?post=156"}],"version-history":[{"count":56,"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/pages\/156\/revisions"}],"predecessor-version":[{"id":399,"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/pages\/156\/revisions\/399"}],"wp:attachment":[{"href":"https:\/\/radhamadhavchits.com\/index.php\/wp-json\/wp\/v2\/media?parent=156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}