Types Of Chit Funds In India

chit Private Registered

There are number of enlisted chit supports, some keep running by unmistakable business houses

Chits Run by state governments

Some chit assets are controlled by state governments for example, the Kerala State Financial Enterprises (KSFE) and Mysore deals universal limited (MSIL) are PSUs that run chit support business in a spotless and straightforward way


In spite of the fact that not legitimate, there are numerous unregistered chit stores. These ought to be maintained a strategic distance from on the grounds that in the event of a debate there is no resourse for the member. Such chit subsidizes generally incorporate dear companions, collegues or neighbors