Overview

At SAMMILANA, We are into Chit Fund business since last 16 years and we are famous for outstanding performances and highly satisfactory services to the customers.We have our main theme to provide customers the best servies and to gain their good faith. A well furnished fully computerized office with advance technology and a good working atmosphere; it makes the company to achieve more and more bigger targets. We are also having a dedicated Auction hall with a capacity of 25 people at a time. We are sure that, we would continue to provide the best services while upholding the highest standards of Safety, Liquidity and Flexibility.

Company has invested adequately into infrastructure and facilities that help us in the continuous monitoring of our subscribers and analyzing our performance.

We have a team of Qualified, Enthusiastic and Ambitious Marketing staff. In order to ensure proper documentation and help our Customers resolve their queries, we also have a dedicated Customer Care Executives.

Our Objective

With an objective to provide best services while upholding the highest standards of Safety, Liquidity and Flexibility.


Salient Features

  • Since 1995, “SAMMILANA” is known to People from last 16 years.
  • Sammilana Chits Private Limited Established on 06.06.06.
  • Government Licensed Chit Fund Company
  • Legal, Safe, and Secure.
  • Sammilana Served More than 1000 Satisfied Customers.
  • Chit Schemes Designed to suit different Income Groups.
  • Chit Fund Forms a very Popular method of Saving and Barrowing.
  • Chits Provide Easy availability of Hard Cash.
  • Good Dividends in Every Chit Scheme.
  • Computerised Business Activities.
  • Proper Information about Auction by Post/SMS/email.
  • Transparency in Auction Proceedings.
  • Standardisation of Document before disbursement of the Prize Amount.
  • Prize Amount will be paid with in Next Auction Date ( Conditions Apply).
  • Security /Surety norms apply to all Subscribers without discrimination.
  • Personalised Service and Guidance to Subscribers for planning their financial requirements.


Why Us?

Honesty and trust worthiness of the organization, determines safety of one’s money invested. Vouchsafe by other senior subscribers, consideration of reputation of the company over the years, size of the organization with larger subscriber base can easily convince about the safety of your investment and Further all transactions are documented, proper receipts issued for the amounts paid and with investments of the subscriber are insured, the money is safe and secured in the hands of the company.

The chit fund company collects specific periodic subscriptions from each member of a chit group. The total of the periodic subscriptions, minus company commission; is given out periodically as bid amount or prized money / amount to anyone member of the chit group, identified by either a lot or auction.

The number of periodical installments will be equal to the number of subscribers in a chit group. Each subscriber will receive the bid amount or prized money / amount during the chit period. All subscribers including those who have already received the prized/bid amount will continue to contribute till the end of the chit scheme period.