SRIRAMULU CHITS
SRIRAMULU CHITS
Your trusted partner for smart savings and chit fund services. Join thousands of satisfied customers building their wealth with us.
Get Started TodayWelcome to SRIRAMULU CHITFUNDS PLTD. We are a premier financial institution dedicated to providing secure and transparent chit fund services. With a focus on customer satisfaction and financial integrity, we help you achieve your financial goals through disciplined savings.
Our nature of business revolves around Chits and Finance, offering tailored solutions to meet individual needs. Whether you are looking to save for a big purchase or need funds for an emergency, we are here to support you.
Government Registered
Transparent Transactions
Prompt Payments
Sriramulu Chitfunds Private Limited is a limited company founded by Pokuri Mallikharjuna Rao. We have been successfully running the chit fund business since 1975. Our legacy of trust and commitment spans decades, serving generation after generation.
We run both short-term and long-term chit groups ranging from 25 months to 40 months. The chit values start from 5 Lakhs to 25 Lakhs, catering to diverse financial goals. Bid loss typically ranges from 30% to 40%.
Convenient Payments: We accept chit installments via Cheques, NEFT, and UPI modes. In today's internet age, our customer base is situated globally, trusting us with their savings.
A Chit is a group of members. The number of members equals the number of months. The member should decide on the value and term; according to the chit value and term, the installment is decided.
After the 1st installment, an auction is conducted. The highest bidder gets the prize amount after deducting the bid loss. This bid loss is distributed to the group members equally after the deduction of commission. Members then pay the next installment minus the dividend. This is the procedure of the chit business.
To empower our customers with financial stability through reliable chit fund schemes. We aim to foster a culture of saving and provide accessible financial support when it matters most, ensuring growth for every member of our chit family.
To be the most trusted and preferred chit fund company, recognized for ethical practices, customer-centric approach, and contribution to the financial well-being of the community. We envision a future where everyone has access to safe financial growth.
Join our monthly chit groups designed for flexible savings. Choose a plan that suits your budget and watch your savings grow systematically.
Need funds urgently? Our minimal paperwork and quick processing ensure you get the financial help you need without delay.
Secure higher returns on your savings compared to traditional methods. Our auction system allows you to maximize your dividends.
Participate in various group schemes tailored for different income levels. We ensure transparency in every auction and transaction.
Your investments are safe with us. We follow strict regulatory guidelines.
We pride ourselves on prompt disbursement of funds to our successful bidders.
Our dedicated team is always ready to assist you with your queries.
Competitive rates for borrowers and high dividends for investors.
Have questions? Visit us or drop a message.
SRIRAMULU CHITFUNDS PLTD
Door No: 3A-4-3/1/2, BEHIND YMHA HALL, MAIN BAZAR, Eluru,
Ward-13 Village, Eluru Mandal, West Godavari District,
Pincode: 534001