CK Chits Truly Reliable for Your Financial Needs & Endeavors

  • CK chits run through the well established trust because it is a commonly required factor for any chit fund company to be successful with the public. Our experienced MD and team members are the biggest strength here for our company to keep up well the established trust with our investors and customers. Apart from the trust, we made out chit fund system more flexible and convenient for all our investors and customers in a way their investment can be of useful for them according to their needs.
  • Our experienced team members already made our system very well tested and tried in a way making it completely flawless and effective for the customers and investors. The system is made to be subscriber friendly for their borrowing and saving needs.
  • Chits are definitely familiar for many, but often used by the customers and investors in wrong ways. CK Chits here wanted to play a vital role. We will stand as a guidance and support to all our customers and investors in a way making them educated about, when to borrow and when to continue saving. This kind of support from our expert team is often helping a lot to all our customers and investors in reducing unnecessary wrong decisions.
  • Our every chit group strictly follows the government set guidelines and our foreman registers every chit group with 100% pay with Registrar of Chits while the chit group is ready. This 100% pay prior to commencing chit group will stand as security for the entire chit value. Registrar of Chits only will allow withdrawing this deposit only once after chit group closes successfully. Strict adherence with this regulation by CK Chits is clearly indicating our trustworthiness and we’re doing this for the financial security of all our customers and investors.
  • Every chit group needs payment of monthly subscription by the participating customers and investors or subscribers. Here, the procedure is simple that chit value divided by total number of subscribers. The common rule is that every chit group will have same members and same monthly subscriptions like 50 members and 50 monthly subscriptions.
  • Every chit group needs payment of monthly subscription by the participating customers and investors or subscribers. Here, the procedure is simple that chit value divided by total number of subscribers. The common rule is that every chit group will have same members and same monthly subscriptions like 50 members and 50 monthly subscriptions.
  • For example, there is a chit group with 50 members with monthly subscription as rupees 10000. Then, this chit group is 5,00,000 worth that is divided by 50 participating 50 subscribers. Similarly, our foreman deposits these 5,00,000 rupees with the Registrar of Chits at the beginning of the chit group commencement for the subscribers’ security too.
  • The subscription amount may not be total amount here in the chit groups. We allow subscribers with flexibility for taking the chit amount while the group is under progress. Take for example one of the subscriber is in the urgent need of some money, then we allow that subscriber for closure of chit by for going certain amount in the whole chit value. This will allow the subscriber to have the money at their need. This will be allowed every month in a way the member can forgo certain amount from the chit value. This allocation will be made in monthly meeting with all members. Here, subscribers will get to pay reduced amount on their monthly subscription, where the forgo member’s deducted chit value will be divided to rest all members. This is creating benefit for other members besides allowing one to have the money on his/her necessity. Here, we follow strict rules in discounting the chit value. The chit groups with duration as 25 or 30 or 40 months are limited to discount only up to 30% while chit groups 50 and above months allowed to discount up to 40%. This discounted amount will be shared among the rest members through deducting their chit monthly subscription amount.
  • The mentioned bidding process for the chit amount in general continues until the completion of the tenure.

CK Chits made its name for the more serenity and clarity. We transact everything with the thorough knowledge of the participating members and investors. The entire process is always kept open besides strictly following the all necessary rules and regulations too.