Northeast Chit Fund


Chit fund management

From Managing Director’s Desk

Greetings from the Northeast!

Northeast Chit fund dates back several centuries in India. Over the years, the industry evolved and presently same is well regulated by the Central and State Govt.

I humbly submit that (Y)our company is fully compliant with all the regulatory provisions

 Our Management has a very strong track record of 40 years and has 1000 + strong satisfied clientele. We have a dynamic team which caters to all the requirements of the customers from time to time.

We have very wide-ranging Chit group options with Chit amounts of Rs 5 lakh to Rs 5 Cr to suit the requirements of everyone.

We are committed to making the bid payments within the shortest possible in the industry.

We are offering various/additional benefits on par with the Best in the industry to our Business Associates and customers from time to time. We only seek your support to grow further with the motto of being your Trusted Financial Partne

With Warm Regards, NITIN AGARWAL

Key Managerial Team

NORTHEAST group is established by Rajender Agarwal and  Naresh Agarwal in Hyderabad. The group has three divisions viz Chit funds, Real Estate and Textiles

The group is closely held and had accelerated growth with the joining of their next generation ie Ritesh  Agarwal and Nitin Agarwal.

M/s Northeast Chit fund services Pvt Ltd is the flagship company of the group. It is registered under Chit Act 1982. Though this company is registered in 2019, they have been in the business for over 3 decades.  Rajender Agarwal, Naresh Agarwal Ritesh Kumar Agarwal and Nitin Agarwal are in the Board. The Board is a perfect blend of the wisdom of the experience and the dynamism of the youth.

Nitin Agarwal manages the day-to-day operations of the Company.

The Northeast chit fund has an impeccable record of serving customers with utmost devotion. Payments to the customers are being done very promptly and no complaints are ever received. The company has about satisfied 1000 customers in its fold. The company is presently serving the High-value companies / Customers. Recently we entered the retail business and the response is encouraging.

Meet the Team

Mr B Mahesh Kumar Singh.


He is the COO of the Company. He worked as General Manager in a leading Public Sector Bank for 38 years and superannuated. He is a seasoned banker having worked in all spheres of Banking, both in India and abroad. He has wide experience in management, Finance, Accounts, marketing and administration. Planning, strategy management, and communication skills are his core strength. He oversees the entire operational matters of the company.

Mr D V V Satyanarayana

Retail Operations Head

He heads the Retail Operations of the company. He has 25 years of experience in the Chit Fund industry. He worked in various chit-fund companies in different capacities. He has in-depth contacts with the Agents.

Mr. K Manasa Chakrapani

Associate Vice President

He is the AVP of Sales Northeast chit funds Pvt Ltd. with 20 years of Professional experience in the Financial industry in Various Channels, across many companies like HDFC Life, DHFL, Pramerica, ICICI Securities Ltd etc.

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