There are numerous financial instruments out there, vying for our attention – marketing their schemes, attractive rates of interest, repayment plans, investment returns and what not. Traditionally people looking for a loan or planning to make an investment would look no further than the nearest branch of a nationalised bank! The more adventurous kind would […]
Chit funds
MODERNISING CHIT FUNDS FOR THE NEW AGE INVESTOR
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 […]
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 pointers to help you choose your chit funds wisely
You’ve evaluated several financial investment options and have zeroed-in on chit funds as an attractive choice? That’s a good decision and you’ve already taken the first step in the right direction. Now, we’ll help you make an informed choice about the right chit fund scheme to choose, for your particular needs. We’ve answered below, some […]
Smart Investment Tips for Investors in their 30s
The youthful 20s are the time when most of life’s big events take place – completing education, starting a job, getting married. However, it is the mature 30s that really define our personal and career graphs for the rest of our lives. It is the age to settle, consolidate and start building a prosperous future. […]