jayapriya chit funds

Our Founder

A Portrait of Jayapriya Group of Companies Founder And Chairman Lion C.R’s Biography
Lion C.R. alias Lion C.Rajagopalan founder and chairman of Jayapriya Group of companies born on 12-04-1948 fourth among four siblings of two brothers and two sisters at Kothamangalam a village of Tanjore district in TamilNadu. His parents Thiru K.Chinnasamy and Smt.Devaki are a conventional farmer from a traditional family. They brought up their children with great joy, courage and enthusiasm.

Lion C.Rajagopalan founder and chairman of Jayapriya Group of companies started his career as a clerk at N.L.C in Cuddalore district. He married Mrs.Kasthuri who gave extensive support in all his endeavors, could be compared to a lady behind everyman’s success. They led a planned life with prosperity and happiness. They had two children C.R.Jayasankar who is now Managing Director of Jayapriya group companies and R.Padmapriya who is also a director of Jayapriya group of companies’ lives in Oman with her husband.

When he was working with N.L.C he used to look after his friend’s hire purchase business at Navel in his spare time. He found many people in small business mobilize money through chits for their financial needs. He also knew that N.L.C. workers also engage in chits to mobilize money for their inevitable expenses. He conducted chits for the benefit of his neighbors, colleagues, business people and also lend money to those who are in demand for the money and soon decided to start a chit business.

He started a partnership firm Jayapriya Chit Funds in 1985 with few partners with a sum of Rupees three lakhs and three staffs. He carried out the business successfully for a few years. His partners relieved at a time when he decided to carry the business in large scale to look after their own business. He started Jayapriya Chit Funds Private Limited in 1992 on his own.

He led the company in an inspiring way as the logo says safe, steady and stable growth as the business involve much risk factors advancing funds to members through funds collected from members. A tireless hard worker and dedicated leader he led the company to a remarkable level a network of 18 branches spread across three districts of TamilNadu, Chennai and union territory of Pondicherry reinforced with a strong contingent 500 employees and a legion of more than 1000 agents dedicated to the service of the subscribers and the company. Victory and success always come by his way the world pioneer in funds transfer Western Union appointed Jayapriya Enterprises as their franchisee to facilitate funds transfer from anywhere in the world to local residents to receive money with ease. TATA AIG Life Insurance Company tied up with Jayapriya Enterprises as their channel partners to develop Insurance business in rural areas are another milestone in Jayapriya Group Companies growth profile.

An active member of the chit funds companies association he participated in several forums and represented the association with Government to negotiate the stringent rules of Central Chit Funds Act 1982. He is the President of Cuddalore District Chit Funds and Financiers Association for the past 10 Years. He was elected as President of TamilNadu Chit Funds Companies Association in 2008 is a hallmark to his reputation and dedication to the association. He was also nominated as Vice President for All India Chit Funds Companies Association in 2008 is another feather in his cap.

A strict disciplinarian, honest and philanthropist all through his life he joined the Lions Club movement to make a social consciousness of his career. He conducted several Health Camps, Blood Donation Camps and eye testing camps in association with Lions club and experts in the field. He started Jayapriya Charitable Trust for the welfare of the poor students helping them with uniforms, stationeries and provided amenities for the classes. Save with us and grow with us the guiding principle and logic of Jayapriya Group Companies is the innovation of his life.

The various Posts and Positions Held by Lion C.Rajagopalan
  • Chairman Jayapriya Chit Funds Private Limited.
  • Managing Trustee Jayapriya Charitable Trust.
  • President of Tamil Nadu Chit Funds Companies Association.
  • Vice President All India Chit Funds companies Association.
  • President Cuddalore District Chit Funds and Financiers Association.
  • President Literary ring of Cuddalore District DMK.