DIAMOND PLAN

It is unique in enforcing a ceiling of 25% on chit discount even before the chit funds act 1982 was enacted through the act permits a discounts upto 30%  ThiruBalaji still allows a maximum discounts of 25% on all chit in order to protect the interests of all subscribers in general bank fixed deposit receipts are being offered to the registrar as chit security in compliance with security section 20 of the chit funds act 1982. The chit security deposits us on the balance sheet dates of the last 2 years. A large numbers of chit subscribers of professional retail trader’s small businessman and other who do not have access to banks or other institutional finance due to rigidities in margin requirements security, surety etc...