In-built provision for borrowing at a short notice by bidding successfully

  Being able to save in Installments

  Having decided to join chit, deferring other avoidable expenditure, if necessary

  Convenience and abscence of stringent formalities

  Chit Fund forms a very popular method of saving and borrowing

  MSIL being a prestigious PSU, ensures 100% safety, reliability and transparency in operations
  MSIL ensures safety of the subscribers’ investment

  Chits provide for an assured sum during a crisis

  Chits provide easy availability of hard cash