Shriram Group has its origin in the financial services space through the Chit Funds business.

Shriram Chits is the largest Chit Funds entity in India – the trusted household Savings & Investments service provider. The sustained growth registered by Shriram Chits in recent years not only indicates the utility of this ancient instrument but it is also a reflection of the customers’ trust in the Shriram Group. The Annual Auction Turnover of our Chit Companies continues to grow and bears testimony to the exceptional service quality of the Shriram Group in the business.

With tight regulations on margins and an onerous responsibility for generating collections, Chit Funds business has not been easy for any player in the Industry. Shriram Chits converted adversity into opportunity by enhancing its service capability as well as using the Chit channels for fee-based income thereby remaining the only available entity over the last couple of decades which saw several industry peers falling by the wayside.

This track record has singularly contributed to Shriram’s brand equity and has put Shriram in a leadership position, well-equipped to take up the regulatory challenges and facilitate positive changes to the Industry so that Chit as an instrument of credit and savings continues to be available to the under-served business community.

Shriram Chits Business, as per the Central and State Regulations, is held directly under the Ownership Trust.

To read more, please click on to www.shriramchits.com

1. Shriram Chits Tamilnadu Pvt.Ltd

2. Shriram Chits Karnataka Pvt.Ltd

3. Shriram Chits Kerala Pvt.Ltd