- 1. Chit funds are not affected by market fluctuations
- 2. It inculcates the habit of compulsory and regular savings
- 3. It earns dividends every month. So the net rate of return proves to be attractive
- 4. It is much easier and faster to get a lump sum loan than a regular bank in case of an emergency
- 5. From a low-income homemaker to a businessman, anybody can join a chit fund
- 6. Liquidity of fund at short notice at reasonable interest through invested chit amount
- 7. Customer satisfaction has ensured higher annual turnover within a short period of time.
- 8. Computerised operations for speedy disposal and personalised service by trained, courteous staff.
- 9. Selection of good customers by weeding out defaulters among the subscribers, to ensure prompt payment.