A chit fund is a savings and borrowing scheme where a group of people contribute a fixed monthly amount for a specific period. Each month, one member of the group gets access to the total collection through an auction or lot system.

You can join a chit fund by choosing a scheme that suits your needs and contacting us to complete the registration process.

Yes, at Skywin Chitfunds, we ensure transparency and security in all our operations. Our chit funds are regulated and monitored to protect your investments.

If you miss an installment, you may be subject to a penalty as per the terms and conditions of the scheme. It is important to make payments on time to avoid penalties.

Auctions are conducted monthly where members can bid for the chit amount. The member with the lowest bid wins the chit amount for that month.