Rupee Apex Chit Funds has been my financial anchor, providing seamless chit fund services with transparency and reliability.
Kumararaja
Pudukkottai
At RupeeApex Chit Funds, we are committed to empowering individuals and families.
Efficient Employees
Year Of Trust
Satisfied Customers
Branches
At RupeeApex Chit Funds, we are committed to empowering individuals and families to achieve their financial goals through a trusted and transparent chit fund platform. With a legacy of excellence and integrity, we have been serving our members with dedication since our inception.
We believe in complete transparency in our operations and transactions, ensuring that our members have full confidence in our services.
Our members are at the heart of everything we do. We prioritize their needs and strive to deliver exceptional service at every step of the way.
With years of experience in the financial industry, our team of experts is dedicated to helping our members make informed financial decisions and achieve their goals.
We foster a sense of community among our members, encouraging collaboration and support to help everyone succeed.
With Rupee Apex Chitfunds, you have the opportunity to borrow at short notice by successfully bidding in our chit auctions, providing you with immediate access to funds when needed.
Our chit funds allow you to save in manageable installments, making it easier to build your savings over time towards your financial goals.
Joining a chit encourages disciplined saving habits, enabling you to prioritize your financial commitments by deferring unnecessary expenses when necessary.
Experience the convenience of participating in our chit funds with minimal formalities, ensuring a hassle-free process for our members.
Chit funds have long been recognized as a popular method for both saving and borrowing, offering a versatile financial solution for diverse needs.
As a prestigious PSU, Rupee Apex Chitfunds guarantees 100% safety, reliability, and transparency in all our operations, providing peace of mind to our valued subscribers.
Rest assured, your investments with Rupee Apex Chitfunds are safeguarded, ensuring the security and protection of your hard-earned money.
Chits provide a safety net during unforeseen crises by offering an assured sum, providing much-needed financial support when you need it the most.
Accessing hard cash becomes effortless with chit funds, offering liquidity and flexibility in managing your financial requirements
Chits provide a safety net during unforeseen crises by offering an assured sum, providing much-needed financial support when you need it the most.
Experience the multitude of benefits that Rupee Apex Chitfunds has to offer, designed to empower you on your journey towards financial security and prosperity.
Chit Funds provide a versatile financial avenue catering to various segments such as small investors, entrepreneurs, and individuals with diverse financial needs. They serve as a reliable savings tool, offering a safety net for unforeseen expenses and enabling individuals to achieve their financial goals, whether it's for weddings, home construction, business ventures, education, and more.
Choosing the right Chit Group is crucial. It depends on the subscriber's ability to contribute surplus funds consistently, ensuring a smooth process for both the subscriber and the company, thereby avoiding any inconvenience during prize distributions or monthly instalments
A Chit Fund operates as a contractual agreement between the promoter (foreman) and voluntary subscribers. It functions as a financial mechanism where a group of subscribers contributes a predetermined amount monthly for a specified duration. Through monthly auctions, subscribers bid for a discount, and the highest bidder receives the prize amount, secured appropriately. The foregone amount, less the foreman's commission, is then distributed among the subscribers as dividends.
A Chit Group comprises a defined number of members agreeing to contribute a specific amount for a set period. For instance, a group might consist of 40 members contributing Rs. 500 each for 40 months. The number of members and the duration of the chit are equal
The foreman, as per the Chit Funds Act, is any individual responsible for overseeing the chit's operation, which may include branch managers or designated personnel.
The subscriber's contract with the foreman is valid only for the duration of the Chit Group until all liabilities are settled.
Subscribers benefit from chit funds by accumulating savings gradually and receiving a lump sum when needed. Additionally, they can access future savings in advance, catering to both savers and borrowers.
A Chit Agreement is a formal contract between the foreman and individual subscribers, outlining the chit's procedures and regulations. It covers various aspects such as instalment details, prize distribution methods, foreman's commission, and security requirements
Subscribers enroll by completing an application form, providing personal details, income information, nominee names, and signing a declaration acknowledging their understanding of the Chit Agreement's terms and conditions. At Rupee Apex Chitfunds, we aim to simplify financial management, providing accessible and reliable solutions tailored to your needs, ensuring a secure path towards your financial objectives.
A share of discount or dividend refers to the allocation of benefits within the chit fund system. Here's what it entails:
Happy clients all around the world. Don’t just take our word for it