Maharashtra > Pune > Services > computer > Chitty Prize, Chit Fund Solutions, Chit Fund Act, Chit Fund Shares
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Chitty Prize, Chit Fund Solutions, Chit Fund Act, Chit Fund Shares

Chit-Funds is a popular mode of saving cum borrowing from time immemorial. The concept of Chit Fund is based upon the principal of mutuality, whereby a group of persons participate in a scheme to contribute fixed periodical amounts and distribute the amount so collected, in rotation, to each of the participants. The foreman i.e., the Chit Fund Company itself carries on this scheme of a chit fund.
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