Kaiypeti Chits Private Limited, safeguard cash, create wealth, Nagarathars, business community, chit communities, financial credibility, moral and ethical chits, traditional chits, savings scheme, conduct auction, prize money, Installments payable, personal investments, sources of investment, ethical processes chit groups offers now, future, 2Lakhs, 5Lakhs, 10Lakhs, 36Lakhs, Coimbatore, Tamilnadu, India

Invest in chits.

Grow your wealth.

Come, Join us on this Journey to create wealth.

'Kaiypeti' is wooden cash box used by certain communities, especially the Nagarathars, a business community in Southern Tamil Nadu. Over a period of time, this cash box which was used to safeguard cash, has become a symbol of trust and dependability that these communities were identified with.

Kaiypeti Chits Private Limited is promoted by a team of people known for their unblemished financial credibility in various businesses they are associated with for several decades. They intend to bring in the same moral and ethical values that Kaiypeti traditionally stood for and create and distribute wealth to their customers.

Invest our chits, Grow your wealth with safe cash box

Collaborative Savings Scheme Chit Fund, Coimbatore

What is a Chit?

A Chit fund is a collaborative savings scheme, wherein a group of people subscribe to a certain amount of money for an agreed period. Each subscriber will be entitled to the sum of the pooled money (also called prize money) once during the period. Hence, the number of members in the group shall be equal to the number of installments payable during the period. The prize winner for each term will typically be determined by auction / lots.

Role of the Chit Fund Private Limited, Coimbatore

What is the role of the chit company?

A chit company primarily organises and conducts the chit, meaning, it identifies potential investors, conducts auctions to determine the prize winner for each period and underwrites the payment to the subscriber by reducing the risk of the subscribers. The chit company receives a fee towards these specialized services.

Benefits of Subscriber investing in a Chit Fund

What are the benefits of investing in a chit?

HIGHER RETURN THAN NORMAL BANK DEPOSITS.

Meets cash flow requirements of business / personal investments since the subscriber can withdraw the amount right from the second month.

Personal / Business Commitment to withdraw the money with better returns

When should I bid / withdraw the amount subscribed?

When you have a personal / business commitment to be met. When you feel other sources of investment can fetch better returns.

Our Chit Company is regulated by the Chit Funds Act 40/1982.

Can I get cheated?

Chit companies and their functioning is regulated by The Chit Funds Act 40/1982. This Law requires that the first month collection is deposited in a bank. This Law constantly monitors and eliminates companies that are not properly registered or not managed properly. However, if you invest in a company such as kaiypeti that is backed by credible promoters, you can be rest assured that your money is in safe hands.

Why should I subscribe to Kaiypeti Chits Pvt Ltd?

Customer friendly, transparent and ethical processes backed by credible promoters. It is a registered company functioning as per the regulations of The Chit Funds Act 40/1982.