New

Chit Fund – A unique Financial Product. Commencement of   NEW Chit group of value of  Rs.5 laks to Rs.1 crore.

We are glad to inform that we are one of the leading Chit Fund operators in the garden city of Bangalore.

Chit Fund business is one of the oldest financial products which works on the sound principles of “ Where none stands to loose and all stand to gain”. In fact this business was conducted by the Commercial Banks as subsidiary services during the years 1976 to 1982.

Due to its enormous growth and popularity Chit Fund activity was brought under the Chit Fund Act of 1982 (Central Government) and subsequently followed by State Government under “Chit Fund Rules (Karnataka) in 1983”.
The main objective of the company is to conduct Chit Fund business in accordance with the Chit Fund Act of 1982 read with the Chit Fund Rules (Karnataka) 1983.

The Company is being managed by innovative professionals who are having abundant Banking experience. Senior officials from various banks are drawn to hold the top management positions in the company.

Over a period of time “SURABHI” not only grew vertically in business but also expanded horizontally. Thus we have established TEN Branches at different areas in Bangalore.

We would like to mention here below few other salient features, which have an edge over others in the Industry:

  • SURABHI Chits is a Public Limited Company which has an authorized capital of Ten Crore
  • The paid up capital of the Company is Four Hundred Ninety Lakhs.
  • Security Deposit with the Government exceeds Rs.3130 Lakhs.
  • Higher denomination Chit groups are more popular.
  • Always SURABHI believes in long standing association with subscribers and hence we have groups for long-term duration say Forty months period to Fifty Months Period.
  • The committed employees in the Organization are over Two Hundred and Fifty.
  • SURABHI has more than Twenty thousand satisfied subscribers.

SURABHI in its path of progress has accomplished business from people of various walks of life. Now it has got a feather in its cap having a corporate office located in prestigious Jayanagar, extension of Bangalore.

Keeping in pace with the economy and sky-rise prices, apart from the encouragement from our customers like you, we are motivated to come out with following groups:

Chit Value Months Monthly subscription
5,00,000 50 10,000/-
10,00,000 40 25,000/-
25,00,000 25 1,00,000/-
25,00,000 50e 50,000/-
30,00,000 30 1,00,000/-
50,00,000 50 1,00,000/-
1,00,00,000 40 2,50,000/-

The above groups are unique in nature and suits to all segment and particularly for Domestic Savings, Education, Marriage and Business.

Detailed brochure of the company and scheme details of group attached herewith for your perusal.

We shall have great pleasure to meet you in person for a detailed discussion and to collect your subscription with application.

We Look forward for your positive response in this regard.

Thanking you,

Yours faithfully,

Vice President
Website details. Surabhichits.in

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