Age Restricted
Chit Funds
Symbol of Trust
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