About Us
Senthil Gnanavel Chit Fund Private Limited was established in 1974 with a vision to provide secure and reliable savings solutions to the people of Tamil Nadu. Over five decades, we have grown from a single-branch operation in Chidambaram into a multi-branch financial institution trusted by thousands across the region. Our foundation is built on unwavering integrity, complete transparency, and a genuine commitment to the financial well-being of every member who places their trust in us.
Originally registered under the Indian Partnership Act in 1974 as Senthil Finance Corporation (Firm), our chit fund business has grown continuously over the decades, and in 1990 we were officially registered as a company under the Indian Companies Act, becoming Senthil Gnanavel Chit Fund (P) Ltd.
CIN: U65991TN1990PTC019536
GSTIN: 33AAACS6658K1Z2
Our mission is to empower individuals and families to achieve their financial goals through disciplined savings and community-driven chit fund schemes. We operate under strict government regulations with complete legal compliance, ensuring that every member's investment is fully protected at all times. We believe that financial growth should be accessible to everyone — from small savers to large investors — which is why our plans range from ₹2,500 to ₹1,25,000 monthly subscriptions, serving every need and budget.
Our Achievements
Why Choose Us
Five decades of excellence backed by values every member can rely on — transparency, security, and genuine financial growth.
Fully registered under the Chit Funds Act with complete government oversight. Your savings are protected by law — transparent processes and full legal compliance at every step.
100% Government CompliantMembers enjoy full tax-free dividend benefits on every chit subscription, maximising real returns on each rupee invested without additional tax burden.
Zero Tax on ReturnsHassle-free fund access whenever you need it — no lengthy procedures, no unnecessary delays, and a simple straightforward withdrawal process from start to finish.
Instant Fund AccessOur transparent bidding process ensures every member gets a fair and equal opportunity to access the chit fund at the right time without any favouritism.
Equal Opportunity for AllAccess the full chit amount without paying any interest — a smarter and completely cost-free alternative to traditional bank loans and financial borrowings.
0% Interest AlwaysOur members consistently earn better returns compared to conventional savings accounts and fixed deposits, making every contribution work harder for your future goals.
Better Than Fixed DepositsJoin any of our chit fund schemes without paying any joining or entrance fees. We believe in absolute transparency with zero hidden charges from day one.
Completely Free to JoinOur experienced and friendly team is always available to guide you through every step — from joining your first chit scheme right through to your final payout.
Always Here to HelpOUR GALLERY
A glimpse into our heritage, annual celebrations, branch inaugurations, and the thousands of families we proudly serve across Tamil Nadu.
Our branches
