Shanthala Chits, as a leading and trusted chit fund company has a responsibility towards its investors and the general public. We are committed to spread awareness on the industry we operate in – the chit fund industry. Even though chit funds are a convenient and profitable option when compared to several other financial […]
Dedicated to the silent investor of the household
As the month of March arrives, there is a clamour about Women’s Day everywhere, celebrating the role of women in society. Women are glorified for their role as a creator and nurturer of life. Their balancing act between professional and personal priorities are highlighted. But people often forget one crucial role that the woman […]
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 […]
Is only love enough this Valentines?
Valentine’s Day is a day which expresses love throughout the world. It is also a way of telling loved ones that you care about them. And what better way to express this than by showing that your care runs towards making financial goals, be it for building a life you want to live together […]
Take small steps towards fulfilling your dreams
Shanthala Chits is a reputed chit fund company based in Bangalore. We are registered under the Chit Fund Act of 1982, Government of Karnataka. For the last 23 years, Shanthala Chits has been an excellent investment partner for people from all walks of life – entrepreneurs, senior citizens, Employees, homemakers, first time job holders, government […]
How can Chit Funds help Business Owners and start-ups?
The recent article in Economic Times happened to cover an article about Flipkart’s current valuation had crossed $20 billion. Sachin Bansal and Binny Bansal started this business with an investment of Rs. 4 Lakhs in 2007. But what if they were not able to arrange those funds at that time? Would this giant […]
Are Chit Fund Investments relevant for the Millennial Generation?
In the earlier blog, we highlighted some of the solutions that chit funds provide to people interested in engaging in an easy mode of savings as well as borrowings. But the question that many often ask is how safe it is to park your money in a privately-owned chit fund? True, this is […]
Chit Funds – augmenting void generated by the traditional banking system in India
Do you remember the last time you wanted to go on that exotic holiday and found yourself short on funds? And then the pain and the frustration of being turned down by a bank for a personal loan because they the lender did not view as a credible borrower despite you earning a six-figure salary […]
Give a fresh Start to your personal finances this Dussehra
The Hindu festival of Dussehra is actually a tradition that denotes the victory of good over evil. While it calls for celebrations and is considered to be that time of the year when people take a fresh look at life in general, many also see it as an opportunity to implement the concept for getting […]
Chit Funds: Which path will Gen X take?
To follow or not to follow, that is the question when it comes to Chit Funds today. There are over 10,000 registered chit funds in India. Most of these chit funds were started 5 to 6 decades ago. The first generation of chit fund owners have entered the management sector hence it will be interesting […]