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About Us

New Trichur Suhurutham Chits (Kerala)(P) Ltd is a private limited company incorporated in 2014 under Companies Act 1956, with the main object of conducting Chit business complying with the Rules and Regulations of The Central Chit Funds Act, 1982 and Kerala Chit Funds Rules, 2012. Our core aim is to provide quick services to the needy customer.

Innovative Solution for Every Financial Needs

Chits

Chit Funds or Chitty are the common financial support mechanism among local populace. New Trichur Suhurutham Chits is registered as per the Chitty Act enacted by the Government and have conducted many chitties successfully. Our core aim is to provide quick services to the needy customer.

  • Chitties are announced only after getting Previous Sanction from Registrar of Chits.
  • Chitties are registered with Assistant Registrar of Chits, Anthikad.
  • Foreman Commission at the rate approved by Government.
  • Auction dividend is distributed among all subscribers, including Prized/Auctioned.
  • Simple security norms for releasing Prize Money.
  • Prize Money is paid on 11th day of next auction (if security is given in time).
  • Grace period of ten days for remittance of chitty instalment without penalty, for Non-prized and Non-auctioned subscribers.

Director Board

Varghese Jose T (Biju)
Chairman & Managing Director
Rose.T.V
Director
Boban.K.A
Director
Sindhu Unnikrishnan
Director
Devadas.T.K
Director

Frequently Asked Questions

SuhuruthamChits is a financial services company based in Kerala, specializing in chit funds. We offer a reliable and transparent way for individuals to save and access funds through a community-based pooling system.

A chit fund is a system where a group of individuals contribute a fixed amount regularly over a predetermined period. The collected amount is then distributed among the members through a draw or auction, providing financial assistance to members when needed.

  • Flexible Savings: Contribute a fixed amount at your convenience and access the pooled funds as needed.
  • Interest-Free Loans: Avail of the funds without the burden of high-interest rates.
  • Transparency: Clear and transparent processes for fund management and distribution.

To join, you can visit our office or contact us through our website. Our team will guide you through the enrollment process and help you select a suitable chit fund plan based on your needs.

While chit funds are generally safe, it's important to choose a reputable company like SuhuruthamChits. Ensure you understand the terms and conditions, and regularly review the fund’s progress. We maintain transparency and compliance with regulations to minimize risks.

Typically, you will need to provide a valid ID proof, address proof, and a recent photograph. Additional documents may be required based on specific fund requirements.

Yes, you can withdraw from a chit fund, but it may be subject to certain conditions and penalties as outlined in the agreement. We recommend discussing your situation with our team for personalized guidance.

Contributions are generally collected on a monthly basis. However, the frequency may vary based on the specific chit fund plan you choose.

You can check the status of your chit fund by contacting our customer service team. We provide regular updates on fund status and upcoming draws.

For more information or assistance, please contact our customer service team through our website or visit our office. We’re here to help with any questions or concerns you may have.

Get in Touch

Registered Office
17/193( Old No.9/543B),1st Floor, New Trichur Towers,P.O.Kandassankadavu - 680613
CIN: U65992KL2014PTC035915

Newly Announced Chitties

Chit Value (Rs)

Duration (Months)

Monthly Subscription (Rs)

Running Chitties

Chitty Code Reg.No Instalment Date Instalment Amount Foreman Commission Date of commencement Date of Termination