Shanthala Chits has long been a pioneer in the chit fund business. We started as a small family-owned business that managed the money of a few trusted friends and family. Now, after 24 years of successful operations and thousands of satisfied customers, our second-generation leadership is ready to take the company to the next level. Amongst […]
Author: Anuradha C
MOTHERS KNOW BEST — DEDICATED TO ALL THE MOTHERS
She has a job that is always ON whether it is morning, noon or night. She quite happily puts her child’s interests ahead of her own. From the moment the woman becomes a mother, her role never ceases to end. Through the childhood years and days of youth, she stands like a rock protecting and […]
PLAN YOUR LONG TERM FINANCES, BUT ALSO TAKE CARE OF THE SHORT TERM
Saving for the future is part of the Indian ethos. Whether it is for a daughter’s wedding, purchase of a house or life after retirement, families start their planning well in advance. We teach a growing child the precious habit of saving by gifting a piggy bank. “Live within your means and save for a […]
A NEW FINANCIAL YEAR BEGINS!
With the month of April, a brand new financial year arrives. All the last minute mad dash for completing our investments and paying taxes ends on March 31. Bankers and auditors heave a sigh of relief in April after the hectic year end activity. And the ordinary investor happily puts all his financial investment activity […]
How to use Chit Funds to raise capital for your business
As soon as a new entrepreneur comes up with an attractive product idea to start a new business, the first question that pops in his mind is “What do I do for funding?” Most SME entrepreneurs use their personal finances to fund their ventures with seed capital (Initial investment to kick start your business). Once […]
WE COULD BE YOUR TRUSTED BUSINESS PARTNER
Shanthala Chits has been a trusted chit fund company in Bangalore since 1996. We are registered under the Chit Fund Act of 1982, Government of Karnataka. We have been bringing to you stories with real life scenarios on how we can be your investment partner for various occasions in your life. Today, we bring you […]
Registered Chit Funds Vs Fraudulent Ponzi Schemes – Learn to tell the difference
You are looking to invest your money in a simple hassle-free financial instrument. You don’t want to take market related risks, so equity and stocks are ruled out. Nor do you want to lock your funds for long durations by investing in FDs. Then, the obvious answer is to look for reliable chit fund schemes. […]
5 Simple Mantras To Achieve Financial Freedom
Who doesn’t like to be free of financial burdens? How will my family manage in case of a job loss? How to handle the finances for my daughter’s marriage? Is it possible to plan a long holiday this year without straining my budget? Oh, how do I handle this sudden medical emergency at home! The […]
Beginners guide to budgeting and saving
Come January and a long, lovely festival & holiday season comes to a grand close. Now it’s time to gear up for the new year ahead. Business goals, final exams and financial year end targets are going to be the main focus areas. With all the festivities coming to an end for the year, family […]
5 New Year resolutions on financial management
We are fast approaching another New Year. We at Shanthala Chits wish to join all our readers and investors and welcome the New Year 2023 with plenty of hope and good wishes for all our prosperity and well being. India is being seen as an oasis of hope in terms of economic development in this […]