CHIT provides a good source of finance for different type of people
viz., small investors, businessmen, small scale industrialists etc.
CHIT is a good means of savings for any contingency requiring substantial amount.
It serves to all the people's whether they are desire for savings or
borrowing to meet extraordinary expenses on special occasions like
Marriages, Construction of houses etc.,
Adequate care is necessary to choose a suitable Group. The selection of a
particular Group largely depends on the subscriber's capacity to
provide surplus funds monthly wise from their normal income for this
purpose. This aspect is very important for the subscriber as well as in
the company's point of view to avoid any embarrassment at the time of
releasing the prize money.