About our company

The Nagashiva Group is one of the top renowned chit fund company in southern and western india.

‣   The company is successfully running several chit groups for the past more than 25 years. It is based on Pune - Maharashtra - India.It was founded by Mr. Nagaraju Periyasamy Pillay a small group of members in 1996 . The integrity, loyalty, honesty, dedication and determination to succeed which are characteristic of the company today.

‣   Our founder is having very confident and close association with all customers / members and all stakeholders of the company. This close relationship and his deep involvement in the business is the main key to success in today's business

About Chairman

‣  Our founder and chairman is one of the well known businessman and social work member in Pune.He has dedicated his life in this business and being an example for Honesty & Loyalty. Therefore, he has gained customer's confidence and successes fully managing his business in today's competent world.his discipline and obligation towards customers is one of the secrets for his success.

Founder Chairman

Hon. Shri. Nagaraju Periasamy Pillay

‣  It is a great pleasure to have interaction with all of you and really it’s a nice opportunity to share my views with you. I am always working to do something for the society as it is a prominent way to compensate for the social obligations. This motivates me to contribute for the betterment of the society through social activities.

‣  The members of our Fraternity come from all walks of life. They are from large scale business as well as small and medium enterprises. These are people who have stable business but want to expand without seeking help from the formal banking or small & medium scale businessmen who want to merge saving & money lending together.

‣  There are members who work in govt. and public sectors and are in need of money to fulfill their small needs or young employees of private sector who want to quickly acquire small luxuries.

‣  Most attracted are those who manage to mobilize resources to develop their enterprises and their dwellings slowly over time. Financial services could enable these groups to leverage their initiative, accelerating the process of building incomes, assets and economic security.

‣  However, conventional finance institutions seldom lend down-market to serve the needs of low/middle-income families. They are very often denied access to credit for any purpose, making the discussion of the level of interest rate and other terms of finance irrelevant. Therefore the fundamental problem is not so much of unaffordable terms of loan as the lack of access to credit itself.


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