Updates: Secure up to 10% returns with Anson Chits India Pvt. Ltd.
Updates: Secure up to 10% returns with Anson Chits India Pvt. Ltd.
Anson Chits, part of the renowned Anson Group, has been a trusted name in financial services since 2008. Starting from Nedumkandam in Idukki, we’ve grown into a strong, reliable, and flourishing financial enterprise serving thousands across Kerala and Tamil Nadu.
Experience hassle-free chit fund contributions and payouts.
A chit fund is a traditional savings and borrowing system widely used in India. It works as a community-based scheme where members pool money at regular intervals.
In each cycle, one member gets access to the collected amount through a draw, auction, or other agreed method. Every participant contributes equally until the end of the scheme, ensuring that each member receives the fund once during the term.
Chit funds promote disciplined savings, provide quick access to funds, and serve as a trusted financial tool for individuals and small businesses.
Chit funds – Saving made simple, secure, and accessible for everyone.
Chit funds are a simple and reliable way to save and borrow money within a trusted group of people. They combine both investment and loan benefits in one scheme.
Members contribute a fixed amount regularly, and in each cycle, one member receives the pooled sum through auction or draw. This ensures financial support when needed most.
They encourage regular savings, provide quick access to funds without complicated paperwork, and are widely used by families and small businesses alike.
Chit funds – A smart choice for both saving and borrowing.
A chit fund runs for as many months as there are members, with each contributing a fixed amount monthly.
Each month, a winner is chosen via auction or draw to receive the prize money, while the rest share the balance as dividends after the foreman’s fee.
Chit funds offer quick access to money and encourage disciplined savings.
They are a reliable way to plan finances and achieve short-term goals.
The key advantage of a chit fund is that it allows members to access future savings whenever they need funds, while still encouraging disciplined contributions.
Pay your contributions as per structured schedules.
Equitable allocation of collected funds among members.
Withdraw funds whenever you win the chit auction.
All funds are managed securely and transparently.
Contributions grow systematically over the term.
Track and manage your chit account anytime via mobile.
Find answers to your most common questions about our chit schemes.
A chit fund is a savings and borrowing scheme where members contribute periodically, and each member gets the pooled amount in rotation through an auction or draw.
To join, you select a chit scheme, pay the monthly subscription, and participate in the monthly auctions to receive the prize amount.
The foreman manages the chit scheme and collects a small commission (usually 5%) from the prize money before distributing the remainder to the winning member.
The winner is chosen through a reverse auction, lottery, or tender method as per the chit agreement, ensuring fairness for all members.
Yes, Anson Chits is regulated under the Chit Funds Act, and all contributions are securely managed to protect members’ investments.
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