NAGASHIVA CHIT FUND PRIVATE LIMITED

Documents to be submitted by the person receiving the chit amount

1.  Aadhaar Card, Ration Card, and Photograph Original required.

2.  House tax receipt or electricity bill receipt required.

3.  Bank cheque three required.

4.  One-month bank account statement required.

5.  For those taking the chit amount after 12 months, any one guarantor is required. For those taking the chit amount after 15 months, own documents are sufficient.

6.  When receiving the chit amount by pledging property, no guarantors are required.

7.  The member taking the chit amount will not need any paperwork or guarantor when depositing cash for the remaining months.

8.  A guarantor can provide assurance for two individuals. A minimum civil score of 750 is sufficient.

9.  In the Nagasiva company, chit group members can start bidding from the second month and take the chit amount.

10.  Those living in rental houses, in other districts, in other states, or in foreign countries can join the Nagashiva chit group, but the chit amount can only be received at the end of the chit duration.

11.  Nagasiva chit group members can avail insurance for the chit installment when they take the chit amount. Additionally, if the insurance is taken in advance a 30% discount will be provided.

These documents apply only to those with a chit value of up to 10 lakhs. Additional documents will be required for those with a chit value exceeding 10 lakhs.

For more details: www.nagashiva.com

Maharashtra Head Office : Pune. MOB: 8698888108 / 8600000108

Tamil Nadu Head Office: Sendurai, Nagasiva Nagar. MOB: 8600088880 / 8999601719

Branch No: 2 - Chinnaiyampatti, Kottaiyur MOB: 7601827736 / 8698888108

Branch No: 3 - Dindigul, Airport Nagar MOB: 8788122039 / 9960885077