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Srivatshava Chits Pvt. Ltd.
Information by Research TrustFinance
Established in 1999 and registered under the Chit Fund Act of 1982, Srivatshava Chits Private Limited provides a formal and secure platform for individuals to participate in chit funds. The company's business model revolves around a rotating savings and credit association (ROSCA) where a group of members contributes a fixed sum for a specific period, allowing them to save money collectively and borrow from the pool when needed. With a history spanning over two decades, the company has grown to operate numerous branches, primarily serving customers in the states of Andhra Pradesh and Telangana, aiming to be a reliable financial tool for the common person.
India
Industry
Financial