Top Chit Fund Company in Hyderabad

Your Trusted Financial Partner

Northeast is the top chit fund company in Hyderabad and right place where you can invest and save your money, for living the goals you have dreamt of.

Northeast Chit Fund Services Private Limited is a top chit fund company in Hyderabad. It is registered with the Registrar of Chits (Kavadiguda). The organization is part of the trusted Northeast group that has been in the textile and real estate industry for the past 40 years. The organization has seen exponential growth since the date of incorporation, driven by its trusted client base.

Vision

Northeast's vision is to create a financially disciplined and self-reliant India

Mission

Our mission is to build an ethical ecosystem for investments to grow.
We endeavor to create value for the investors based on their horizons and appetite.
We shall also integrate with investee clients to accelerate the progressive trajectory to eminent orbits.
We shall grow together in a compliant environment by empowering our investors and target units.

Who We Are

40 years of honest track record as a top chit fund company in Hyderabad

Strong foundation by Rajender Agarwal and Naresh Agarwal

Well diversified group

Accelerated uptick by next generation of Ritesh Agarwal and Nitin Agarwal

Vibrant and dynamic team with over 100 years of combined experience

Controlled under Chit Fund Act 1982. Strict adherence to all guidelines

100% of chit value amount deposited with a Scheduled Bank

Regulated by Registrar of Chits Telangana

Member of Federation of Indian Chambers of Commerce & Industry

Member of Telangana Federation of Chit Funds

Safety of subscribers with northeast - the top chit fund company in Hyderabad

100% amount of value to be deposited with the Registrar of chits (Like banks do with RBI).

Government Governance on Block chain Technology (world’s Safest Technology).

100% compliance to Central Chit Fund Act-1982

Income Tax benefits on Dividends.

GST Benefits – Gets Input Credit.

Chit Agreement enforceable by Law.

Private Limited company governed by Registrar of Companies – Ministry of Finance.

Northeast has excellent record in payment of Bid Payable in shortest possible time.

Complete door step and online services

Northeast chit fund services Pvt Ltd company is registered with Registrar of Chits.

Subscriber’s onboarding process is rationale and robust - because of this no NPA’s.

Strong financial base with Owned Funds of Rs 5 Cr as at Mar 2022.

Benefits of Chit Funds

Funds flow is the life line of any business. Individuals, small business men, MSMEs, and Corporates need finance for various business needs, both short term and long term. These needs may be planned requirements for new units, repairs, modernization, expansion or any sudden / unforeseen / seasonal requirements.

There is no doubt that living a financially secure life requires careful money management and income savings / Cash Flows. Future goals can be achieved and debt can be avoided with investments made with salary money. For long-term financial success, having good financial habits is always crucial.

Setting financial objectives is a crucial first step that should be taken before trying to become financially disciplined. It helps in
avoiding unproductive expenditure and stage wise planning with clarity for reaching short, mid, and long-term financial goals.

There shall be sudden and unforeseen requirements in any human life or Organisational journey. One should build his/ its own corpus/savings to meet such challenges avoiding any debt trap at a huge cost.

Individuals may have short-term needs such as Family vacations, medical buffers, home improvement etc. Short-term goals of a business unit are Working capital requirements, seasonal requirements, bulk procurement, repairs and renewals etc.

An individual may have long-term goals of having a house, education of children, marriage, vehicles, retirement corpus etc. For a business unit, the Long term goals are Setting up a new unit, Purchase of Vehicles, Purchase of machinery, R & D, Construction, Land purchase and so on. Based on such goals, one should plan his investments. Chit funds are the most flexible and efficient financial instruments for meeting all such goals.