Celebrating 23 Years Building Disciplined
Financial Partnerships
+919845787997 - CIN: U85110KA1995PTC017577

Governed by the Chit Fund Act,1982.

About Chit Fund

It is a savings vehicle which enables participative savings. Each scheme has fixed number of members who save a fixed amount for a fixed period. Every month the scheme-runner, conducts an auction for the benefit of the members.

It is run as a reverse-auction where the "Prize Amount" is bid on discounts to it. This discount is shared equally among the members

A ceiling on the auction at 30% has been set. Each scheme is registered with the State Govt, as required under regulatory rules and the entire scheme value is placed as FD the with Registrar of Chits Govt. of Karnataka, thereby assuring that the members' money is secure. It is a savings vehicle which enables participative savings .



Our Schemes

Scheme Face Value Months Monthly Instalment*
High Networth Fund Pro Rs.25,00,000 25 Rs.1,00,000 Open Chart
S.NO. MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 1,00,000.00
2 6,42,500.00 20,700.00 18,57,500.00 1,00,000.00
3 6,20,000.00 19,800.00 18,80,000.00 79,300.00
4 5,97,500.00 18,900.00 19,02,500.00 80,200.00
5 5,75,000.00 18,000.00 19,25,000.00 81,100.00
6 5,52,500.00 17,100.00 19,47,500.00 82,000.00
7 5,30,000.00 16,200.00 19,70,000.00 82,900.00
8 5,07,500.00 15,300.00 19,92,500.00 83,800.00
9 4,85,000.00 14,400.00 20,15,000.00 84,700.00
10 4,62,500.00 13,500.00 20,37,500.00 85,600.00
11 4,40,000.00 12,600.00 20,60,000.00 86,500.00
12 4,17,500.00 11,700.00 20,82,500.00 87,400.00
13 3,95,000.00 10,800.00 21,05,000.00 88,300.00
14 3,72,500.00 9,900.00 21,27,500.00 89,200.00
15 3,50,000.00 9,000.00 21,50,000.00 90,100.00
16 3,27,500.00 8,100.00 21,72,500.00 91,000.00
17 3,05,000.00 7,200.00 21,95,000.00 91,900.00
18 2,82,500.00 6,300.00 22,17,500.00 92,800.00
19 2,60,000.00 5,400.00 22,40,000.00 93,700.00
20 2,37,500.00 4,500.00 22,62,500.00 94,600.00
21 2,15,000.00 3,600.00 22,85,000.00 95,500.00
22 1,92,500.00 2,700.00 23,07,500.00 96,400.00
23 1,70,000.00 1,800.00 23,30,000.00 97,300.00
24 1,47,500.00 900.00 23,52,500.00 98,200.00
25 1,25,000.00 0.00 23,75,000.00 99,100.00
    2,48,400.00   22,51,600.00
High Networth Fund Rs.15,00,000 25 Rs.60,000 Open Chart
S.NO MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 60,000.00
2 3,85,500.00 12,420.00 11,14,500.00 60,000.00
3 3,72,000.00 11,880.00 11,28,000.00 47,580.00
4 3,58,500.00 11,340.00 11,41,500.00 48,120.00
5 3,45,000.00 10,800.00 11,55,000.00 48,660.00
6 3,31,500.00 10,260.00 11,68,500.00 49,200.00
7 3,18,000.00 9,720.00 11,82,000.00 49,740.00
8 3,04,500.00 9,180.00 11,95,500.00 50,280.00
9 2,91,000.00 8,640.00 12,09,000.00 50,820.00
10 2,77,500.00 8,100.00 12,22,500.00 51,360.00
11 2,64,000.00 7,560.00 12,36,000.00 51,900.00
12 2,50,500.00 7,020.00 12,49,500.00 52,440.00
13 2,37,000.00 6,480.00 12,63,000.00 52,980.00
14 2,23,500.00 5,940.00 12,76,500.00 53,520.00
15 2,10,000.00 5,400.00 12,90,000.00 54,060.00
16 1,96,500.00 4,860.00 13,03,500.00 54,600.00
17 1,83,000.00 4,320.00 13,17,000.00 55,140.00
18 1,69,500.00 3,780.00 13,30,500.00 55,680.00
19 1,56,000.00 3,240.00 13,44,000.00 56,220.00
20 1,42,500.00 2,700.00 13,57,500.00 56,760.00
21 1,29,000.00 2,160.00 13,71,000.00 57,300.00
22 1,15,500.00 1,620.00 13,84,500.00 57,840.00
23 1,02,000.00 1,080.00 13,98,000.00 58,380.00
24 88,500.00 540.00 14,11,500.00 58,920.00
25 75,000.00 0.00 14,25,000.00 59,460.00
    1,49,040.00   13,50,960.00
Million Club Rs.10,00,000 25 Rs.40,000 Open Chart
S.NO MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 40,000.00
2 2,57,000.00 8,280.00 7,43,000.00 40,000.00
3 2,48,000.00 7,920.00 7,52,000.00 31,720.00
4 2,39,000.00 7,560.00 7,61,000.00 32,080.00
5 2,30,000.00 7,200.00 7,70,000.00 32,440.00
6 2,21,000.00 6,840.00 7,79,000.00 32,800.00
7 2,12,000.00 6,480.00 7,88,000.00 33,160.00
8 2,03,000.00 6,120.00 7,97,000.00 33,520.00
9 1,94,000.00 5,760.00 8,06,000.00 33,880.00
10 1,85,000.00 5,400.00 8,15,000.00 34,240.00
11 1,76,000.00 5,040.00 8,24,000.00 34,600.00
12 1,67,000.00 4,680.00 8,33,000.00 34,960.00
13 1,58,000.00 4,320.00 8,42,000.00 35,320.00
14 1,49,000.00 3,960.00 8,51,000.00 35,680.00
15 1,40,000.00 3,600.00 8,60,000.00 36,040.00
16 1,31,000.00 3,240.00 8,69,000.00 36,400.00
17 1,22,000.00 2,880.00 8,78,000.00 36,760.00
18 1,13,000.00 2,520.00 8,87,000.00 37,120.00
19 1,04,000.00 2,160.00 8,96,000.00 37,480.00
20 95,000.00 1,800.00 9,05,000.00 37,840.00
21 86,000.00 1,440.00 9,14,000.00 38,200.00
22 77,000.00 1,080.00 9,23,000.00 38,560.00
23 68,000.00 720.00 9,32,000.00 38,920.00
24 59,000.00 360.00 9,41,000.00 39,280.00
25 50,000.00 0.00 9,50,000.00 39,640.00
    99,360.00   9,00,640.00
Smart Focussed Fund Rs.5,00,000 25 Rs.20,000 Open Chart
S.NO MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 20,000.00
2 1,28,500.00 4,140.00 3,71,500.00 20,000.00
3 1,24,000.00 3,960.00 3,76,000.00 15,860.00
4 1,19,500.00 3,780.00 3,80,500.00 16,040.00
5 1,15,000.00 3,600.00 3,85,000.00 16,220.00
6 1,10,500.00 3,420.00 3,89,500.00 16,400.00
7 1,06,000.00 3,240.00 3,94,000.00 16,580.00
8 1,01,500.00 3,060.00 3,98,500.00 16,760.00
9 97,000.00 2,880.00 4,03,000.00 16,940.00
10 92,500.00 2,700.00 4,07,500.00 17,120.00
11 88,000.00 2,520.00 4,12,000.00 17,300.00
12 83,500.00 2,340.00 4,16,500.00 17,480.00
13 79,000.00 2,160.00 4,21,000.00 17,660.00
14 74,500.00 1,980.00 4,25,500.00 17,840.00
15 70,000.00 1,800.00 4,30,000.00 18,020.00
16 65,500.00 1,620.00 4,34,500.00 18,200.00
17 61,000.00 1,440.00 4,39,000.00 18,380.00
18 56,500.00 1,260.00 4,43,500.00 18,560.00
19 52,000.00 1,080.00 4,48,000.00 18,740.00
20 47,500.00 900.00 4,52,500.00 18,920.00
21 43,000.00 720.00 4,57,000.00 19,100.00
22 38,500.00 540.00 4,61,500.00 19,280.00
23 34,000.00 360.00 4,66,000.00 19,460.00
24 29,500.00 180.00 4,70,500.00 19,640.00
25 25,000.00 0.00 4,75,000.00 19,820.00
    49,680.00   4,50,320.00
Value Saver Pro Rs.3,00,000 25 Rs.12,000 Open Chart
S.NO MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 12,000.00
2 77,100.00 2,484.00 2,22,900.00 12,000.00
3 74,400.00 2,376.00 2,25,600.00 9,516.00
4 71,700.00 2,268.00 2,28,300.00 9,624.00
5 69,000.00 2,160.00 2,31,000.00 9,732.00
6 66,300.00 2,052.00 2,33,700.00 9,840.00
7 63,600.00 1,944.00 2,36,400.00 9,948.00
8 60,900.00 1,836.00 2,39,100.00 10,056.00
9 58,200.00 1,728.00 2,41,800.00 10,164.00
10 55,500.00 1,620.00 2,44,500.00 10,272.00
11 52,800.00 1,512.00 2,47,200.00 10,380.00
12 50,100.00 1,404.00 2,49,900.00 10,488.00
13 47,400.00 1,296.00 2,52,600.00 10,596.00
14 44,700.00 1,188.00 2,55,300.00 10,704.00
15 42,000.00 1,080.00 2,58,000.00 10,812.00
16 39,300.00 972.00 2,60,700.00 10,920.00
17 36,600.00 864.00 2,63,400.00 11,028.00
18 33,900.00 756.00 2,66,100.00 11,136.00
19 31,200.00 648.00 2,68,800.00 11,244.00
20 28,500.00 540.00 2,71,500.00 11,352.00
21 25,800.00 432.00 2,74,200.00 11,460.00
22 23,100.00 324.00 2,76,900.00 11,568.00
23 20,400.00 216.00 2,79,600.00 11,676.00
24 17,700.00 108.00 2,82,300.00 11,784.00
25 15,000.00 0.00 2,85,000.00 11,892.00
    29,808.00   2,70,192.00
Value Saver Rs.1,50,000 25 Rs.6,000 Open Chart
S.NO MINIMUM BID AMOUNT MINIMUM DIVIDEND ASSURED MAX PRIZE AMT MAX INSTALMENT
1 Foremans Chit Foremans Chit Foremans Chit 6,000.00
2 38,550.00 1,242.00 1,11,450.00 6,000.00
3 37,200.00 1,188.00 1,12,800.00 4,758.00
4 35,850.00 1,134.00 1,14,150.00 4,812.00
5 34,500.00 1,080.00 1,15,500.00 4,866.00
6 33,150.00 1,026.00 1,16,850.00 4,920.00
7 31,800.00 972.00 1,18,200.00 4,974.00
8 30,450.00 918.00 1,19,550.00 5,028.00
9 29,100.00 864.00 1,20,900.00 5,082.00
10 27,750.00 810.00 1,22,250.00 5,136.00
11 26,400.00 756.00 1,23,600.00 5,190.00
12 25,050.00 702.00 1,24,950.00 5,244.00
13 23,700.00 648.00 1,26,300.00 5,298.00
14 22,350.00 594.00 1,27,650.00 5,352.00
15 21,000.00 540.00 1,29,000.00 5,406.00
16 19,650.00 486.00 1,30,350.00 5,460.00
17 18,300.00 432.00 1,31,700.00 5,514.00
18 16,950.00 378.00 1,33,050.00 5,568.00
19 15,600.00 324.00 1,34,400.00 5,622.00
20 14,250.00 270.00 1,35,750.00 5,676.00
21 12,900.00 216.00 1,37,100.00 5,730.00
22 11,550.00 162.00 1,38,450.00 5,784.00
23 10,200.00 108.00 1,39,800.00 5,838.00
24 8,850.00 54.00 1,41,150.00 5,892.00
25 7,500.00 0.00 1,42,500.00 5,946.00
    14,904.00   1,35,096.00

*Less Dividend & GST extra

Shanthala Chits - Fact File

  • Shanthala is registered under the Chit Fund Act, 1982
  • In business for the last 23 years
  • Currently manages 53 Chit groups across Bangalore
  • Shanthala Chits has1,400+ satisfied customers
  • Monthly Payable Instalment Plans are pre-fixed
  • Maximum bid ceiling is 30%
  • SMS and email alerts of auction dates and instalment reminders are sent out at regular intervals
  • Speedy disbursements of auction prize

Shanthala Chits

Mr. Sridhar Alampalli promoted Shanthala Chits during the year 1996. This is a company registered under the Chit Fund Act, 1982.

With a resolve to build an institution based upon the two important traits required in the success of any savings institution: Trust and Sincerity, Shanthala Chits has grown into a trusted and sought after savings vehicle over the years. The company has built a sizeable list of loyal members.

Swarup Sridhar is all geared to rejuvenate the industry with his innovative and enterprising solutions, adding fresh perspective and providing new directions to increase market share.

Ably assisted by Ms. Sridevi Sridhar and K.S. Venkatesh kumar , Shanthala Chits has grown in to a strong tree with deep roots – supported by its loyal and satisfied customers

Shanthala Chits is reputed for its prompt service and speedy disbursals of payments.

Drop Us a Line
We are eager to talk with you.

Get in Touch
Address

No 30, Old Madras Road,
Halasuru, Bangalore - 560008
Phone: 08041283311 / 08025365120
To invest with us: Call +91 9845787997