Different Branches of Navachethana chits in Karnataka

Since our establishment in 2009, Navachethana Chit Funds has been offering easy micro financing options through chit fund schemes across multiple cities in Karnataka.

14 June 2022 Read More

Evolution and Growth of Microfinance in India

Microfinance is a small-scale financial service provided to people operating small or micro-enterprises or working for low wages or commissions. It is essentially a micro or small primary credit and savings financial service to individuals and groups at local levels,..

14 May 2022 Read More

A Complete Guide to Investing in Chit Funds

A chit fund or chit fund scheme is a kind of savings scheme practiced in India. It is basically a rotating scheme in which a group of people contribute an amount of money, and whose corpus is given to one individual at a time.

15 March 2022 Read More

How Chit Fund Works with Example

There are many ways to save money and Indians are particularly known for saving money than spending it. We prefer to save money than to invest and a chit fund is a rotating saving cum investment scheme that is prominent throughout the country.

18 April 2022 Read More