1. What is a chit fund?
A chit fund is a trusted savings and borrowing scheme where members contribute a fixed amount regularly, and one member receives the collected amount each month through an auction or lottery system.
2. How can I join Uyir Chit Funds?
Joining is simple! Contact us via our website or visit our office, submit the required documents, and choose a chit plan that fits your savings goals.
3. Is my money safe with Uyir Chit Funds?
Yes. Uyir Chit Funds is a registered chit fund company, committed to transparency, timely payouts, and secure management of all member contributions.
4. How are payouts decided?
Payouts are distributed through monthly auctions among members. The winning member receives the collected fund, while all others continue their contributions until their turn arrives.
5. Can I track my contributions online?
Absolutely! We provide real-time investment tracking and regular updates so you can monitor your contributions, payouts, and overall progress securely.