About Our Company

Family owned and operated business based out of Paika

Narithookkil chits private limited is a family owned and operated business based out of Paika. Having the head office of operations at Chengalam. Narithookkil group is always committed towards customer satisfaction and well-being by serving the community with all their financial needs. Company has its products and services diversified into different segments of chit funds to serve the underlying demand of customer in their financial sector.

This is a company registered under the Chit Fund Act, 1982. The activities of a registered chit fund company are registered by the Chit Fund Act making Narithookkil chits the 100% safest option. We offer multiple schemes that are designed to suit salaried individuals, professionals and business owners. We have received a lot of appreciation for the speed at which we are able to disburse funds, particularly from members who have overcome financial emergencies. We have played a major role in facilitating growth in business and growing capital assets for our members. We are built upon a foundation of trust which has been created over the years while working with many satisfied customers.

OUR MISSION

Narithookkil chits is committed to full fill the mission of satisfying customers by providing them with value added services. Our company is always committed towards providing more and more financial products and services to people by being the safest platform that can satisfy the needs of the society.

OUR VISION

Narithookkil chits always work with the vison of being the most transparent chit fund company that satisfy the financial needs of every customer.

Why Invest in Narithookkil Chits

Allows you to Invest

This allows you to invest as per your needs and spending habits.

Steady Returns

Steady returns because dividends are earned every month.

Regular Savings

Inculcates the habit of compulsory and regular saving every month.

Financial Exigencies

A subscriber can bid for the amount he requires in financial exigencies.

Hasslefree Documentation

You can get funds in a timely manner without the hassles of extensive paper work.

Market Conditions

Investments are not affected by any market conditions.

Foundation of Trust

We are built upon a foundation of trust which has been created over the years while working with many satisfied customers.

Growing Capital Assets

We have played a major role in facilitating growth in business and growing capital assets for our members.

Concept of Chit

Committed to securing your financial future

The concept of chit funds is indigenous to India and originated more than 1000 years ago. Initially it was in the form of an informal association of traders and households within communities, wherein the members contributed some money in return for an accumulated sum at the end of the tenure.

Chit funds are equivalent of the Rotating Savings and Credit Associations (ROSCA) that are famous throughout the world. ROSCAs are a means to "save and borrow" simultaneously. It is considered one of the best instruments to cater to the needs of a customer. It enables people to convert their small savings into lump sums.