Welcome to
Velaayudhan Chits!

At Velaayudhan Chits, we believe saving money and borrowing when you need it shouldn’t be hard. That’s why we’re here to help! We make it easy for you to build your savings and get money when you need it, with our Velaayudhan Chit Fund services. Whether you’re saving for something special or need money in a hurry, we’re the people who makes it happen!

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About Us

Easy Investing, Fast Returns
Your Money, Your Growth

Velaayudhan Chits started in 19th November 2024 with one mission: to help people who want to save and borrow money easily. We are fully certified and follow the rules to keep your money safe.

We know how important it is to reach your financial goals, whether it’s saving for a Trip, Building a House or Building, Children Education, Marriage, a new Gadget, or just having a rainy-day fund. That’s why we created a simple, safe, and friendly way to help you to do all that. Our team is always here to guide you every step of the way!

Why Choose Velaayudhan Chits?

Here’s why our subscribers love us:

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Simple Plans for Everyone

we designed easy-to-understand plans that are perfect for you, no matter how much you want to save or borrow.
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Clear and Open Transactions

we believe in being completely honest. All our auctions are open, so you can see exactly how things work. There are no surprises!
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Quick Withdrawals

Need your money fast? We make sure you don’t have to wait too long to get it. Unlike other Companies, we make it quick and easy.
Our Best Chit Plans

Chit Schemes which are available now

We offer plans that fit your savings goals and help you reach them easily. Check out these popular plans:

Chit Scheme 1

Chit Value - 1 lakh
Duration - 10 months
10 members

Chit Scheme 2

Chit Value - 1 lakh
Duration - 20 months
20 members

Chit Scheme 3

Chit Value - 2 lakh
Duration - 20 months
20 members

Chit Scheme 4

Chit Value - 5 lakh
Duration - 20 months
20 members

Chit Scheme 5

Chit Value - 5 lakh
Duration - 50 months
50 members

Chit Scheme 6

Chit Value - 10 lakh
Duration - 20 months
20 members

Chit Scheme 7

Chit Value - 10 lakh
Duration - 50 months
50 members

Chit Scheme 8

Chit Value - 15 lakh
Duration - 50 months
50 members

Chit Scheme 9

Chit Value - 20 lakh
Duration - 50 months
50 members

Chit Scheme 10

Chit Value - 25 lakh
Duration - 50 months
50 members

Chit Scheme 11

Chit Value - 50 lakh
Duration - 50 months
50 members

Chit Scheme 12

Chit Value - 1 Crore
Duration - 50 months
50 members

How Do Chit Funds Work?

Chit funds are a way for group of people (called subscribers) to save and borrow money. Here’s how it works:

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Starting the Fund

Everyone agrees on a start date, and we set a plan that lasts as many months as there are people in the group.
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Monthly Payments

Each month, everyone puts in their share. We then hold an auction to decide who will take the money for that month.
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Winning the Auction

The person who bids the lowest amount gets the money for that month. The extra money is shared among all the subscribers.
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Repeat

This process happens each month until everyone gets their share.