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About us

Anushna Chits Privare Limited is a private limited company incorporated on 20th March, 2012 in India under the provisions of the Companies Act. 1956. The company is primarily engaged in conducting chits business.

What are Chit Funds
A Chit Fund is all in one financial instrument. A definition of chit fund varies from person to person. For one set of people, it is a money deposit scheme, a saving cum investment scheme. For another set of people, it is a loan or credit scheme.

In short chit funds are saving cum borrowing schemes, where member or subscriber agrees to contribute fixed amount every month for the fixed period. The total amount contributed by subscribers shall be auctioned and given as prize money to needy subscriber every month.

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