Chit fund is a very traditional and indigenous financial instrument helping subscribers to
habit of saving
before they spend. India is home to millions of such subscribers who have been doing this
As the business got corporatized, so were the rules evolved, to administer the business to
of all the subscribers involved. The Central act of Chit funds, which formulates the
register chit fund
got into effect from 1982. Since then this act has been the guiding book for all the
The state government bodies are given responsibilities for administering the chit fund
business in the
T-Chits, is a revolutionary way of administering the registered Chit fund business in the
complete foreman organizations in the state and the registrars onto an immutable, smart
secure Blockchain system powered by ChitMonks.
T-Chits is LIVE in All ARC's in Telangana.