About Us

Sree Ashwakrish Chits pvt ltd is one of the largest and fastest growing chit companies in Tamilnadu.The Company has invested adequately in infrastructure and facilities that help us in continuous monitoring of our subscribers and analyzing our performance.

Our vision is to let every individual understand his own financial need and save accordingly. That when he/she needs the monetary help it comes from his own savings and not borrowed from any financial institution which charges exorbitant interest and allied fees. Our mission is to spread our Branches all over India, so as to educate and ensure better financial planning, fighting monetary problems and help our subscriber whenever it is urgent or planned.

"Chit means a transaction whether called chit, chit fund, chitty, kuri or by any other name by or under which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money (or a certain quantity of grain instead) by way of periodical installments over a definite period and that each such subscriber shall, in his turn, as determined by lot or by auction or by tender or in such other manner as may be specified in the chit agreement, be entitled to the prize amount".

Lured by the objective of making quick profits, persons with inadequate means start chit funds by furnishing the required security and fulfilling other prescribed formalities in the Act. Since their objectives are neither honest nor legal, such companies roll down their shutters soon, thus cheating many gullible investors .