Chit Information
The Rules followed by Sri Selvabandham Chits (P) Ltd - ( In compliance with the central Chit Funds Act 2017)
Auction Procedure:
(20 & 25 Month Flat 30%) and (40 & 50 month flat 40%) discount is provided for physical Auction. Customer can ask for auction amount to their wish and get Benefit Auction Amount.Chit dividend:
Chit Dividend amount should be equally divided and given to all the customer from the second month till the last month of chit period.Auction Amount Distribution:
We will provide the prized amount in 15 days. The chit amount is given to online transaction.Commission:
Only 5% commission is available for the company.
