1. I'm a salaried individual interested in joining a chit fund. How can I proceed?
At Sakkarenadu Chits, we offer chit schemes tailored for various income groups, including salaried professionals. With minimal documentation, you can become a member. Visit any of our branches across Karnataka or contact us online to get started.
2. I can't attend the chit auction in person. Is there an alternative?
Yes! We’ve digitized our operations. You can participate in e-auctions from the comfort of your home using our mobile app. Through the app, you can join auctions, receive digital receipts, and monitor your account balance.
3. Can I make chit payments online?
Absolutely. We accept payments via UPI, Electronic Clearing System (ECS), and through our integrated payment gateway in the app. Additionally, we offer doorstep collection services for your convenience.
4. How safe is my investment with Sakkarenadu Chits?
Your investment is secure with us. Sakkarenadu Chits Pvt. Ltd. is a government-approved chit fund company with ISO certification. We maintain complete transparency in our accounting processes, and all deposits are safely invested in reputable banks and financial institutions.
5. Will I receive a receipt for my payments?
Yes. For every transaction, you’ll receive an SMS confirmation. You can also access your e-passbook through our app to view your account balance and transaction history.
6. I'm a business owner. Do you offer customized schemes?
Certainly. We have various chit schemes designed for different needs, including those of business owners, salaried individuals, homemakers, and pensioners. Visit our branch or call us to learn more about the options available to you.
7. How can I check my account balance?
You can view your balance by logging into our mobile app and selecting the e-passbook option. Additionally, you’ll receive SMS notifications for each transaction.
8. What assurance does the company provide to its customers?
We adhere strictly to government regulations and are ISO-certified. After verifying your PSO and CC, we provide you with a copy for your records. Our commitment is to maintain transparency and integrity in all our operations.
9. When was Sakkarenadu Chits Pvt. Ltd. established?
Sakkarenadu Chits Pvt. Ltd. was founded in 2016.
10. Why is the payment amount the same for the first two months?
In the first month, the company conducts an auction. Subscribers are required to make payments before the auction date to participate. This ensures a fair and transparent process for all members.
11. Can I withdraw my chit investment in case of an emergency?
Yes, withdrawals are permitted in unforeseen emergencies. However, you’ll need to follow the company’s prescribed procedures to process the withdrawal.
12. I missed the e-auction due to prior commitments. What should I do?
We notify all subscribers of upcoming e-auction dates well in advance via SMS. If you miss an auction, you’ll need to wait for the next scheduled date to participate.
