Research-led financial wisdom suggests that saving with groups helps individuals stick to their savings goals.
This results in 3 times more success in achieving financial goals.
- Easy access to cash when you need it
- Plan ahead and never be delinquent again
- Reach your short- and mid- term goals faster
ROSCA is a systematic saving scheme, that offers flexibility and ensures that you have access to your money, whenever you want it.
Whether it is planned or unplanned, achieving your goals is easy once you start living the ROSCA life.
ROSCAs exist around the world in various forms and are the preferred financial tool of more than 1 billion people.
They're known by various names globally, for example: Cundinas in Mexico, Pandeiros in Brazil, Arisan in Indonesia, Lending Circles in the USA, Partnerhand in West Indies, and Tandas in Latin America.
India has historically seen several forms of ROSCAs - the most renowned of these being the Chit Fund. Dating back decades, Chit Funds have been instrumental in propelling India's growth story.
Chit Funds have seen a rise in popularity over the last decade.
The Goverment of India legalised Chit Funds in 1982 under the Chit Fund Act. This indigenous form of ROSCAs has allowed Indians to prosper since before Independence.
Along with the Central Goverment various State Governments too have their own guidelines on operating a Chit Fund.
In our endeavor to offer you the best financial solutions to achieve your goals, we ensure that all of our Chit Fund partners meet the most stringent quality parameters.
Some of the factors considered in selecting our partners include the satisfaction of their existing costumers, their past records of operations since inception and the most important one - their government registration.