Shriram Chits is the largest chit funds entity in India. The trusted household Savings & Investments service provider, a pioneer in Micro Finance in India. The inexorable growth registered by Shriram Chits in recent years not only indicates the usefulness of this ancient instrument, but it is also a reflection of the customers' trust in the Shriram Group. The Annual Auction Turnover of our Chit Companies is touching Rs.3,000 crores.(US$ 715 million).

Shriram Chits boasts the best record for timely disbursement of funds among all Chit Funds and offers excellent customer service for a community of 22,00,000 Subscribers.

Shriram Chits started operations in 1974 with a single branch. Today, our Chit Companies operate in Andhra Pradesh, Karnataka, Maharashtra, Puducherry (Pondicherry) and Tamil Nadu, through 465 Branch offices, employing 6,000 people and 65,000 Agents.

Using state-of-the-art technology and a transparent accounting system, Shriram Chits has transformed this 3,000 year old instrument into an attractive, contemporary alternative to the Banking System.