Terms & Conditions
- We do not accept cash as payment. Only cheques are accepted for chit installments.
- Service tax is charged as per the central government.
- The prized sum will be given only after suitable security to the extent of future installments is received.
- Customers should pay the chit installments in full before the draw date and request a receipt.
- If three consecutive installments are late, the foreman may suspend the delinquent subscriber at his discretion, and the amount paid by the subscriber will be repaid after the chit is completed.
- The chit auction will take place on the designated date and at the predetermined time at the office.
- Defaults will be assessed interest at a rate of 24 percent PA.
- We reserve the right to terminate any subscriber at any time.
- The highest bid is 30%, while the minimum bid is 5%.
Disclaimer
These Website Standard Terms and Conditions, which can be found on this page, govern your use of this website, including all pages within it (collectively referred to as "Website" below). These Terms shall be fully implemented and will apply to your use of this Website. You agreed to accept all of the terms and conditions contained on this website by using it. If you disagree with any of these Website Standard Terms and Conditions, you must not use this Website.