Welcome To Srinidhi Chitfunds Private Limited
World Best Agency
Srinidhi Chits is the biggest Chit Funds establishment in South India - the trusted family unit Savings and Investments service provider. The supported development enrolled by Srinidhi Chits lately not just demonstrates the utility of this old instrument yet it is additionally an impression of the clients' trust in the Srinidhi Group.
The Annual Auction Turnover of our Chit Funds Companies keeps on developing and bears declaration to the excellent administration nature of the Srinidhi Group in the business. With tight directions on edges and a difficult duty regarding producing accumulations, Chit Funds business has not been simple for any player in the Industry.
simple terms, a chit fund is an arrangement that a group of people arrive at to contribute money in a defined manner at periodic intervals into a pool or a kitty.
Started SRINIDHI CHITFUND with 1 BRANCH on June 26th 2018 in warangal,Telangana, India. The same zeal and burning desire of excellence in chitfunds with an intensity of changing the course of the indian chitfund company's by new schemes like never before.
As a result of this by the end of year 2013 the 15 branches reached. making 100 crores of turn over, bhavithasri chitfund pvt.ltd.
As a result of this by the end of year 2018 the 35 branches reached. making 300 crores of turn over,srinidhi chitfund pvt.ltd.
We Always Careful of Our Responsibility
Taking advantage of low financial literacy and greed of people looking for higher returns on their investments,
To reduce the risk of default, some organizers also require subscribers who win auctions to submit sureties for their future liabilities..
They use this fund to buy and prepare sweets in bulk just before the Deepavali festival, and they distribute sweets to all members.
Our Success Story
We Provide Best Sollution for Your Company
Assume 25 members team contributing to a chit value of Rs. 25,000 at Rs. 1000 per month for 25 months. The foreman conducts an auction meeting for a total amount of Rs. 25,000/- where bidders can bid by discounting with a maximum of 30% and minimum of 5%. Winning bidder gets Rs. 17,500/-. Discount amount is further divided amongst the 25 members after deducting foreman commission of 5%.We has survived not only five centuries.when an unknown
The number of members equals the number of times a contribution is made to ensure everyone gets a turn.