These two bills are aimed at tackling the menace of illicit deposit taking activities in the country as well as facilitating the orderly growth of the chit funds sector. HomeMoney Unregulated Deposit Schemes, Chit Funds bills: PM Modi led Cabinet gives nod Unregulated Deposit Schemes, Chit Funds bills: PM Modi led Cabinet gives nod These […]
How much can you gain using Chit Funds?
Chit Fund has the option of being a personal loan, a recurring deposit and a kitty, based on consumers’ need. A chit fund is the only financial instrument that has the capacity of solving more than one financial agenda. For someone seeking a loan, it is a convenient credit which is difficult to avail from […]
Chit fund: Enabling the Safe Kitty for Empowered
As has become a rising trend in Indian small towns and countryside, every month, several small traders, farmers, workers, and most importantly and encouragingly, women, meet up with an agenda to pick one of their names out of a bag. Each time, the womenfolk have a kitty into which every affiliate puts 100 rupees (about […]
Learn how to detect safe chit funds
Chit Funds provides a healthy source of financing for different types of people. Ex – small investors, businessmen, small scale industrialists etc. It is a contingency plan which requires sufficient cash amount. It can serve various needs like desire for saving or borrowing for extraordinary needs like marriages, construction bills, hospital charges. Chit funds can […]
20 Reasons Why Shanthala Chits is Synonymous With Trust
Among the innumerable savings schemes in India, Chit Funds have been one that hasn’t had it easy. Although the primary kind of savings scheme for people since decades there have been various reasons for the decline of this segment, primary among them being the flourishing of disorganised financial schemes conducted by an unscrupulous few. Shanthala […]
You must gain control over your money or the lack of it will forever control you. –Dave Ramsey
Being financially secure is one of the main drivers for individuals to push themselves towards a better career, more growth and the urge to do better for themselves. Besides earnings and salary, savings are a major factor for financial security well into an advanced age. SB accounts and PPF’s have always been the first preference […]
Shanthala Chits One Lakh Scheme Chart
New Chit Group of Rs. 1 Lakh starting this August 2016. Monthly Instalment of just Rs. 4000 per month. Join the Group and start saving.
Nurturing Financial Investments, just like Friendships
When incomes, finances and savings are taken care of, the future looks bright and encouraging. Often, in our quest to do well at a career, keep steady jobs, spend for home and family, it often happens that savings can take a backseat. The flow of money into and out of our lives is a steady […]
Avoid these 5 personal finance mistakes
It goes without saying that money is of utmost importance and if not dealt with in the right way, it could land you in an in some serious financial and personal stress. What you are today is the result of all the financial decisions you have taken in the past. Any decision can make it […]
Registered Chit Funds Are Safe – Here is Why
Are Chit funds safe? Are Chit funds safe? This is the first question that comes into the mind of many common man, the moment he starts considering the option of an investment in a chit fund program. There is a saying that Trust is like a piece of paper, and once the paper is crumpled […]
