About the company

Greetings to you and welcome to our website!

I am immensely delighted to present this website before you as we have completed six decades of our faithful operations. With a humble beginning, The New Trichur Group has gradually up scaled its financial operations by strengthening its relationship with more than 2lakhs people covering two districts.

Growth and money cannot sustain an organization as long as uniqueness and excellence can. We are the forerunners of this belief right from the beginning. Moreover, being a part of the rapidly growing family, New Trichur Group, fosters in our culture, profound values of integrity, honesty and humility.

As we look back into the great achievements of our Company we are confident that The New Trichur Co. (P)Ltd has grown dramatically in terms of turnover, profitability and outreach. Our methodology is to adhere to the best practices in terms of product offerings, service levels, risk management, audit and compliance.

Varghese Jose T Chairman


Mr.Varghese Jose T, the present Managing Director took over the reins of the New Trichur Group in the year 2005, but even before that he had been with the group in different capacities since 1987. Mr. Varghese Jose T (Biju) was born in 1968 and holds a graduation in Commerce with additional qualification of MBA. On his involvement it soon acquired the trust and belief of the rural population, and now recognized as a powerful Chit Company. Over the last few years, it has been one of the fastest growing chit companies in Kerala. The Company stands at the forefront with the backup of over 2.5 lakhs satisfied customers. Our corporate office is functioning at Vazhappully Trade Centre, M.G. Road, Thrissur. Perhaps we may be the only Private Chit & Gold Loan Company having 17 branches.

Over the years the Company has achieved many credits in its journey. It is the innovative ideas of the Managing Director to raise the chit business to its superior colors by introducing new generation chits and made it a popular brand. Even though the chit business was functioning with poor infrastructure, the young and enthusiastic Managing Director extended its benefits to all the classes of people. He is the pioneer in introducing a variety of prizes and bonus to the customers in this field.

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