Age Restricted

Mysore Sales International Limited, a Government of Karnataka Undertaking established in the year 1966, is today a vibrant, multi-product, multi-dimensional marketing organization. MSIL started Chit Fund business in the year 2005 with an intention to bring social control over Chit Fund business so as to protect the public from being exploited by unregistered/unorganized chit operators.

As a Government Company with more than 54 years of existence, MSIL has a reputation in the market for stability, reliability and integrity. Trustworthiness, transparency in operation, past proven performance and familiarity are important prerequisites of a Chit Fund operator. MSIL has all these credentials, being a Govt. Company.

The schemes under ‘MSIL Chits’ are designed to cater to all income groups and all segments of the society. The main objective of the company is to provide need based financial plans to its customers.


Benefits of MSIL Chit Funds

  • Provides and unique opportunity for both ivestment and borrowing: enables people to mobilize small savings into lump sums

  • provides easy access to money for all sections of society, especially lower and middle income people limited finance options

Features of MSIL Chits

  • Provides and unique opportunity for both ivestment and borrowing: enables people to mobilize small savings into lump sums

  • provides easy access to money for all sections of society, especially lower and middle income people limited finance options

Invest Safely Borrow Easily Concern for the Consumer

New Chit Auction for July 2021

SL.NO Branch July (In Lakhs) Auction Date
1 Cunningham Road 5000x20=1 Lakh 15th
2 Jayanagar 12,500x40=5Lakh 30th
3 Malleshwaram 20,000x30=6 Lakh 30th
4 Yeshwanthpur 5,000x30=1.5 Lakh 30th
5 Vijayanagar 5,000x40=2 Lakh 30th
6 Rajajinagar 30,000x40=12 Lakh 25th
7 Chamrajpet 12,500x40=5Lakh 30th
8 Basavangudhi 12,500x40=5Lakh 28th
9 Indiranagar 6,000x100= 6 Lakh 30th
10 R T Nagar 2 Lakhs
11 BTM Layout 5,000x40=2 Lakh 25th
12 Yelahanka 12,500x40=5Lakh 22nd
13 Gandhinagar 5,000x30=1.5 Lakh 22nd
14 Wilson Garden 2 Lakhs
15 Banashankari 10,000x30=3 Lakh 30th
16 Kengeri 10,000x30=3 Lakh 30th
17 Mysore 12,000x50= 6 Lakh 30th
18 Hubli 5,000x30=1.5 Lakh 30th
19 Davangere 5,000x30=1.5 Lakh 15th
20 Gulbarga 5,000x20= 1 Lakh 30th
21 Tumkur 12,500x40=5Lakh 23rd
22 Chikkaballapur 5,000x30=1.5 Lakh 30th
23 Shimogga 0
24 Kolar 8,000x25=2 Lakh 30th
25 Mangalore 0
26 Belgaum 0
Total 80.5 Lakhs