Sri Senthil Raja Chits Private Limited, is one of the oldest and most respected chit fund company in Salem, proudly serving the community since 1958. Founded by the esteemed Shri K.R. Manikam Chettiyar, the company began as "KRM Finance Corporation with a simple yet powerful vision: to provide accessible, trustworthy financial solutions through the chit fund model. Over the decades, that vision has grown into a legacy of reliability and integrity.
With an unwavering commitment to transparency and customer trust, Sri Senthil Raja Chits has become a household name in Salem and surrounding regions. We are honored to have earned the loyalty of four generations of customers, a testament to our consistent service, ethical practices, and deep community ties.
We provide organized chit fund services that combine savings and borrowing into one seamless financial solution. Our schemes are ideal for individuals, families, small businesses, and professionals who need access to funds at the right time.
Monthly Chit Schemes
Flexible Tenures
Multiple Group Options
Transparent Auction Process
Our chit schemes offer a disciplined and secure way to save money regularly while also giving members the opportunity to bid and receive lump sum amounts when needed.
Members can bid for the prize amount in times of financial need, offering a quick and efficient way to access funds without the complexities of traditional loans.
With over six decades of experience, we pride ourselves on providing personalized, friendly, and professional service to every customer.
We facilitate easy payments through online modes and ensure transparent communication through SMS and digital updates for each member.
| MONTHLY INSTALLMENT | NO. OF MONTHS | NO. OF MEMBERS | CHIT AMOUNT |
|---|---|---|---|
| 25000 | 12 | 12 | 300000 |
| 10000 | 15 | 15 | 150000 |
| 25000 | 20 | 20 | 500000 |
| 50000 | 20 | 20 | 1000000 |
| 10000 | 25 | 25 | 250000 |
| 12000 | 25 | 25 | 300000 |
| 20000 | 25 | 25 | 500000 |
| 100000 | 25 | 25 | 2500000 |
| 12500 | 40 | 40 | 500000 |
| 25000 | 40 | 40 | 1000000 |
| 62500 | 40 | 40 | 2500000 |
“I’ve been part of Sri Senthil Raja Chits for over 4 years. Their transparent process and punctual payouts gave me peace of mind. It's rare to find such reliability in chit fund companies these days.”
“The team at Sri Senthil Raja Chits is very supportive. They guided me clearly through the documentation, and the monthly reminders helped me stay on track. Excellent service!”
“I joined a ₹5 lakh chit scheme and was able to bid exactly when I needed the money. It was a smooth and secure experience. Highly recommend them for disciplined savers.”
“My father was a customer here in the '90s, and now I am too. This company has stood the test of time. They still uphold the same values of trust and personal service.
“As a small business owner, cash flow is crucial. The chit scheme helped me manage funds better without bank hassles. I even enrolled my brother in their 20-month plan.”