We’re Good with Numbers
03
Years of Experience
127
Happy Clients
5
Active Pool
Why Jainam Chit Funds ?
Transparency and Trust
We are committed to maintaining complete transparency in our operations. Our chit fund schemes are regulated and meticulously managed to ensure a secure and trustworthy experience for our customers.
Flexible Schemes
We offer a variety of chit fund schemes, so you can choose one that aligns with your financial goals, whether it's saving for your child's education, a dream vacation, or your retirement.
Excellent Customer Service
Our dedicated customer support team is always ready to assist you with any queries or concerns you might have.
CHIT FUND POOL
Rs.5,00,000
20 Months of savings
20 Months of savings
Rs.10,00,000
20 Months of savings
20 Months of savings
Rs.15,00,000
20 Months of savings
20 Months of savings
Rs.25,00,000
20 Months of savings
20 Months of savings
Rs.50,00,000
20 Months of savings
20 Months of savings
Discover Jainamchitfunds
Our journey started with the goal of making Micro and Macro Finance easily & more accessible and advantageous for everyone.
With years of financial sector experience and thorough understanding of our members demands we have created pools that serve both newcomers and seasonal investors.
In just five short months, we've reached a remarkable milestone with a monthly turnover of 1.10 Crores.
Vision
Jainam Chit Funds aspires to be the guiding light, illuminating the path of financial prosperity and empowerment, creating a legacy of secure and fulfilling futures for all those we touch.
Mission
To be the most trusted and accessible chit fund company in India, providing innovative and customer-centric solutions that help people achieve their financial goals.
TESTIMONIALS
Safety of subscribers with Jainam Chit Funds
100% Security
Your chit fund amount is 100% deposited with the Registrar of Chits, similar to how banks deposit with RBI.
Legal Compliance
We strictly adhere to the Central Chit Fund Act-1982, ensuring complete legal compliance.
GST Advantages
Benefit from input credit under GST regulations
Legal Protection
Our chit agreements are fully enforceable by law, providing peace of mind.
Punctual Payments
Our track record includes prompt and reliable payment of Bid Payables.
Financial Stability
With Owned Funds of Rs 5 Crores as of March 2022, we provide a strong financial foundation for your investments.
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Is TDS applicable on chit funds?TDS is not applicable on chit funds because a foreman's commission is not part of the chit subscribers expense.
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Are the dividends from chit funds taxable?From the income tax point of view, the overall income is subject to taxation, however dividend income from each month is not tax deductible or taxable. You can claim any loss as a business loss
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Is the company registered?JCFPL is a registered chit fund company under the chit funds act 1982
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Are chit funds eligible for GST?Yes, GST is eligible for chit funds commission which is 18%.
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Is chit fund legal?In India the chit fund act 1982,regulates chit fund companies hence they are safe & legal.
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Get in Touch
Reg. Office: Adishwar Complex, No. 21/405, 4th Floor, D.S. Lane, Chickpet Cross, Bangalore-560053
+91 97431 95900
+91 94484 86622