Vetrivaagai logo Vetrivaagai Chit Funds Pvt. Ltd.

Why Chit Fund

Company Specialities

What makes a Vetrivaagai group different

Twelve things we do that members tell us they don't find elsewhere.

Pay daily, weekly or monthly

Members can split the chit instalment into daily, weekly or monthly payments to suit their own cash flow. Your income pattern, your payment pattern.

Short-term savings

A 25-month cycle is short enough to stay committed to, and long enough to accumulate capital that actually changes something.

Up to 15% for late takers

Members who take their chit at the end of the cycle earn up to 15% interest on what they have saved — simply for waiting.

Open auction, in front of everyone

The bidding process is conducted transparently in the presence of all members. No sealed envelopes, no private deals.

Fixed day, fixed time

Every auction happens on the announced date at the announced hour, every month, without exception. You can plan around it.

Foreman commission only 5%

Our commission is capped at 5% of the chit amount. There is no processing fee, service charge or hidden deduction on top of it.

Maximum discount 30%

Bidding is capped at 30% so no member is ever pushed into an unreasonable discount to access funds urgently.

Fair lottery at the cap

When several members bid the maximum 30%, the subscriber is selected by an open lottery method — not by who spoke loudest.

Simple, proper documentation

Clear agreements, proper receipts and complete member records. Everything you sign, you get a copy of.

New enrolment every month

Member enrolment happens every single month, so you never have to wait long for a group that fits your budget.

Not an RD, FD or insurance plan

Unlike recurring deposits, fixed deposits or life insurance, a chit is a short-term savings plan and an investment — with liquidity when you need it.

Not linked to the stock market

Unlike a mutual fund, your return is not tied to market movement. The rate is determined by the auction, and it is stable.

Compare

Chit fund vs. the alternatives

Swipe the table sideways to see every column

 Vetrivaagai ChitRecurring DepositFixed DepositMutual FundPersonal Loan
Regular savingYesYesNoVia SIPNo
Access to lump sumYes, by auctionAt maturityAt maturityOn redemptionYes
Return linked to marketNoNoNoYes
Credit score neededNoNoNoNoYes
Collateral neededSurety onlyNoNoNoOften
Typical duration25 months1–10 years1–10 yearsOpen1–5 years
Cost when you take funds earlyYour bid discountBreak penaltyExit loadInterest + fees
Earns while you waitDividend each monthInterestInterestMarket returnsNo
This comparison is provided for general understanding only and is not financial advice. Vetrivaagai Chit Funds Private Limited is not a bank, a mutual fund or a lender. Please read all documents carefully and consult your own adviser before deciding.
All Your Needs

What members use their chit for

₹1 lakh to ₹25 lakh · 25 months only 1 இலட்சம் முதல் 25 இலட்சம் · 25 மாதங்கள் மட்டும்…

Joining Is Simple

From enquiry to first instalment

1

Talk to us

Call, WhatsApp or visit a branch. Tell us your goal and your comfortable monthly amount.

2

Choose your group

We show you the open groups, the auction schedule and exactly what you will pay each month.

3

Complete documentation

ID proof, address proof and the chit agreement. Simple, and you keep a copy of everything.

4

Start saving

Pay your first instalment (plus a one-time ₹500 enrolment charge) and you are a member.

What to bring

  • Aadhaar card or other government photo ID
  • Address proof
  • Two passport-size photographs
  • Bank account details for payouts
  • Surety details (required before chit disbursement)
Start My Enrolment

Not sure yet? Visit a branch first — there is no obligation, and we will show you a live auction schedule.

Plan today. Prosper tomorrow.

The right time never comes — you have to make it right. Speak to our team and start your first chit this month.