ChitMonks is a neutral market place for promoting Chit Funds of Registered Chit Fund companies. Chit Fund is a very unique financial instrument helping all customer segments over several decades. By participating in a Chit Fund which is registered as per the Central Act and Governed by the State rules, the subscribers get a Safe, Better and Tax deferred dividends.
ChitMonks is reimagining this traditional financial instrument using technology. We plan to bring different insights helping the subscribers, agents and foreman alike.
You as a subscriber, who can be a Micro, Small and Medium Enterprise owner or a regular saver now and a potential borrower tomorrow, can choose a Chit which suits your capital needs / future requirements. ChitMonks help you to maximize your returns from the Chits by considering your opportunity cost.
Your rate of return is in Your hands. At ChitMonks we help savers, borrowers, agents to get the best of the tool. Foreman companies will get benefited with genuine subscribers.
ChitMonks® - Your Smart Chit Manager. Come, explore the tool for yourself.
India's first market place solution for Chit Funds
Neutral platform to promote Chit Fund companies
Anytime, anywhere access to all your chit groups information
Best technical advices on how to manage your chits
One stop solution to check the available options in the market
Faster service in enrolling you into chit group
Your interest rates in your hands
Messaging and notification services
ChitMonks entry in the chit fund domain is an enriching & refreshing experience. At a time when the industry is seamlessly
going ahead, embracing technology, for greater transparency and enhanced service, the value proposition this tool
brings in for the subscribers in terms of knowing their Net Interest rates for different opportunities will give
a big boost to this traditional financial intermediary.
My Best Wishes to Pavan and the ChitMonks team for greater success in the times ahead!
ChitMonks team has done a wonderful job in using technology to bring some interesting insights to the way the chit funds
are / can be managed. The HiPi calculator which uses a statistical model and predictive analysis to interpret
the interest rates along with the reinvestment opportunity cost of the subscriber is a break through innovation
to promote Chit funds.
I wish Pavan and ChitMonks team a great success.
Many FIRSTS by ChitMonks. New age technology touch to traditional financial product, Knowing the reinvestment rate of return
on chits, Market place for registered chit funds, Chit portfolio manager, Subscriber management tools for agents
and many more. Information is Wealth : team ChitMonks is empowering the subscribers, agents and foreman to reimagine
this traditional instrument.
I wish team ChitMonks a great success.