ROtating Savings and Credit Associations

A ROSCA is a group financial tool where a group of people come together to periodically save a pre-decided amount of money, pooling it in a ‘pot’. The entire sum in the pot can then be borrowed by any of the group members.

ROSCAs enable you to lead a financially sound life in a simple, systematic manner.

Nurture financial discipline, achieve 3x savings success

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.

Benefits of a ROSCA

- Easy access to cash when you need it

- Plan ahead and never be delinquent again

- Reach your short- and mid- term goals faster

Kitty Party

From the simple home affairs to the lavish 5-star hotel get-togethers, Kitty Parties are extremely common across India.

They too are a form of ROSCAs!

Hassle-free, liquid investments for a better life

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.

A global financial phenomenon

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.

A pre-modern, financial savior for Indians

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.

Regulated and Government Recognised

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.

Working only with the best

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.