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Chit Funds

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Chit Funds in Kannur, Kerala — Structured Schemes by Rupee Neo Chit Funds Pvt Ltd

Searching for a reliable chit fund in Kannur or across Kerala? A chit fund is a traditional, disciplined savings-cum-credit scheme where a group of subscribers contribute a fixed amount periodically, and each cycle one member receives the pooled sum through auction or lot. Rupee Neo Chit Funds Pvt Ltd, based in Kannur, operates these schemes with complete transparency and accountability.

  • Multiple chit value and tenure options
  • Transparent auction process every cycle
  • Regular statements and updates to subscribers
  • Operated under the Chit Funds Act, 1982
  • Foreman services provided by Rupee Neo Chit Funds Pvt Ltd

Enquire About Chit Schemes →

Who Can Join

  • Age 18 years or above
  • Valid government-issued photo ID and address proof
  • Ability to commit to periodic subscription payments
  • Guarantor/surety as per scheme terms

Chit values, duration, commission and terms vary by scheme and are governed by the Chit Funds Act, 1982 and applicable state regulations. Full scheme documents are provided before enrolment.

A group of subscribers meeting to review their chit scheme

Regulatory Compliance

Rupee Neo Chit Funds Pvt Ltd is committed to operating in full compliance with the Chit Funds Act, 1982, under the oversight of the Registrar of Chits. Registration details and scheme-specific documents are available at our office and will be published here.

Scan for Your Chit Agreement (Variyola)

Scan the QR code below to access the Chit Agreement (Variyola) for your scheme.

Chit Agreement (Variyola) QR Code

Chit Agreement (Variyola) QR Code

Scan with your phone camera to view the agreement

Explore Further

FAQ

Common questions about how chit funds work, eligibility, and enrolment.

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Foreman Roles

How our Foreman manages scheme operations, auctions, and compliance.

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Calculation Examples

Sample month-wise calculation sheets for ₹3L, ₹5L and ₹10L chit schemes.

View Examples →

Interested in Joining a Chit Scheme?

Visit our Kannur office to learn about current chit groups and enrolment.

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