Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Chit fund is a saving and borrowing tool run by registered chit fund companies under Chit Fund Act 1982. In chit funds, a group of people agree to contribute a specific sum of money for a specific period of time on monthly basis which is then given to one person as loan on lottery or auction basis after deduction of the chit fund commission.