IZRO CHITS PRIVATE LIMITED
We are a private limited company registered under Chit Fund Act (Form VIll-Vide Section 6 of the Chit Funds Act. 1982 and Rule 13 of the Telangana Chit Funds Rules, 2008) duly recognized by the government
Contingency Buffer Fund
Capital Building Technique
Savings Instrument
Line of Credit
Discipline Inducing Device
About Us
We are a private limited company registered under Chit Fund Act (Form VIll-Vide Section 6 of the Chit Funds Act. 1982 and Rule 13 of the Telangana Chit Funds Rules, 2008) duly recognized by the government and run by professionally qualified experienced, and trusted directors.
Looking at the different long-term and short-term funds and saving needs of Paints, Coatings & Chemicals Industries on PAN India basis, we have a diverse range of chits starting from 10 Lakhs to 3 Crore and a wide range of time period from 10 to 40 Months.
A Flexible Borrow Save Instrument
Fraternities are a fixed duration product, like 20 or 40 months. They begin as a savings instrument and keep accumulating in value as you pay instalments month on month. Whenever you need to make a large expense, you may ‘prize’ the fraternity, giving you lumpsum money. After the ‘prizing’, you continue to pay instalments for the remaining duration.
Your need/expense may arise in the beginning or at the end. The fraternity is flexible and will give you the funds when you need them. Depending on your need, it behaves as a savings instrument or a borrowing instrument or a mix of both.
In a nutshell, you commit to paying instalments for a fixed duration in exchange for the certainty of lumpsum funds at the time of your need. The following example will make things easy to understand
Fraternity Funds
We are in the business of Government Registered Fraternity Funds since 1976. A Fraternity Fund is the formalized and legal equivalent of a kitty or a committee. Financial planning with a Fraternity Plan is convenient and superior to traditional banking products like loans and saving schemes. Fraternity Funds are some of the most convenient and organic ways one can raise money for their personal and business needs.
Celebrating Anniversary
We have been assisting our subscribers plan their life and achieve their financial goals for 45 years. Thank you for the continued faith in us. It has been a long journey, we value each one of our relationships.
The family that serves you
We are proud of our identity as a professionally run family business. Our vintage is testimony of remaining relevant to changing times and our commitment to our subscribers.
About Us
IZRO CHITS PRIVATE LIMITED
We are a private limited company registered under Chit Fund Act (Form VIll-Vide Section 6 of the Chit Funds Act. 1982 and Rule 13 of the Telangana Chit Funds Rules, 2008) duly recognized by the government and run by professionally qualified experienced, and trusted directors.