BENFITS OF CHIT

 
  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