For over 3 decades, Sree Maurya Chits has been the trusted name in chit funds — helping millions save, borrow, and grow with complete transparency and confidence.
Sree Maurya Chits is an Inspiring and Pioneering Company In Kanyakumari.
Dividends earned in chit funds are not subject to taxation, giving you better net returns on your savings.
Access funds when you need them through our transparent auction process — even after just one installment.
Every auction is conducted openly. Discount amount is distributed equally among all members as dividends.
Get lump sum funds through competitive bidding without the high interest rates of traditional loans.
Unlike traditional loans, the rate of interest is much lower on the funds received through chits.
Even if you claim in the last month, total dividends earned will be more than the bank interest rate.
From a single branch to a trusted name across Kanyakumari District, our growth has been powered by the trust of thousands of families who chose us as their financial partner.
Choose from our carefully designed plans that suit every budget and financial goal.
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Enter your income and existing commitments to get the perfect chit plan recommendation.
We cap your chit EMI at 50% of your surplus income so your mandatory savings stay comfortable.
Comprehensive financial solutions designed to help you save, borrow, and grow with complete confidence and transparency.
Build wealth systematically with our transparent chit fund plans designed for every income level, from Rs. 2,500 to Rs. 1,00,000 monthly.
Learn MoreAccess lump sum funds when you need them most through our transparent auction process — even if only one instalment has been paid.
Learn MoreEarn dividends that are not subject to taxation. Get good returns on your savings with our well-managed chit fund operations.
Learn MoreYour investments are protected under the Chit Funds Act, 1982. Full chit value deposited as security with the Registrar of Chits.
Learn MoreUnique to Sree Maurya Chits — quick disbursement of money subject to documentation. Currently not offered by any other chit fund company.
Learn MorePay installments online directly from your Bank Account through Net Banking.
Learn MoreAll you need to do is bid the chit amount in an auction — a simple, transparent process.
Select a chit plan that fits your budget from Rs. 50,000 to Rs. 20,00,00,000. Complete KYC with basic documents.
Contribute your fixed amount every month from Rs. 2,500 to Rs. 1,00,000 through online or offline modes.
Bid for the pooled amount at our transparent monthly auctions. Max bid discount is 30% of chit value.
Get the auction amount within 30 days (unique 30-day response facility) directly to your account.
Trusted by over 1,00,000 happy customers across Kanyakumari District
Track your investments, pay installments, participate in live auctions, and get instant notifications — all from the palm of your hand.
Stay updated with financial tips, industry news, and chit fund insights.
Most financial goals don't fail because of a lack of intent. They fail because there is no clear structure to save systematically. Monthly chit fund schemes provide the discipline and structure needed.
Read MoreIn life, we experience a lot of milestones, which make life worth living. Whether it is educating your children, buying a home, or planning a wedding, chit funds help you achieve these dreams.
Read MoreWhile the excitement of business expansion may be contagious, a common question comes into play — how are we going to fund this growth? Chit funds provide a practical solution.
Read MoreFind answers to common questions about chit funds and our services.
A "ticket" means the share of a subscriber in a chit. The foreman always has the first ticket.
Chit funds provide multiple benefits: disciplined savings mechanism, access to lump sum funds through auction, much lower interest rates compared to traditional loans, flexibility in contribution amounts and duration, risk distribution among members, potential for good returns through dividends, tax-free dividends, and a sense of community among members.
A chit is a mutually beneficial scheme where a group of people contribute towards the chit value. Each month, a member from the group is selected as the prized subscriber, receiving the prize amount. Dividends are distributed among the remaining members. The maximum bid allowed is 30% of the chit value. The company receives a 5% commission, and the rest of the discount amount is distributed equally among the members.
Members can make payments either by cash, Demand Draft, or cheques. Third-party cheques are not acceptable. We also offer Online Payment facility directly from your Bank Account through Net Banking on our website.
A member can participate in the auction starting from the very first auction, provided that their payments are up to date. If payment is made by cheque, it must be cleared before the auction date. A defaulter, whose payments are not up to date before the auction, is not eligible to take part in the auction.
In each chit group, certain members will require funds. All members in need of funds participate in the auction for bidding. The objective is to determine the successful bidder who places the highest bid amount (which must not exceed the maximum limit) within the designated auction duration of 15 minutes.