Grow Your Wealth, The Smart Way
SiPS Chit Fund brings India's most trusted savings & credit system to your fingertips — 100% digital, fully transparent, and registered under the Chit Funds Act, 1982.
In One System
A Community-Powered
Savings & Credit System
A Chit Fund is one of India's most enduring financial instruments — where a trusted group of individuals pool a fixed amount each month. Every month, one member wins the total pool through an open auction, gaining immediate access to a lump sum without any collateral or lengthy bank approvals.
At SiPS, we've reimagined this time-honoured system to be fully digital, rigorously transparent, and completely paperless — governed by the Chit Funds Act, 1982, and supervised by State Government authorities for your absolute peace of mind.
How SiPS Chit Fund Works
A transparent, six-step journey designed to give every subscriber — whether saving or borrowing — the best possible outcome.
Choose Your Chit Plan
Explore our tiered chit plans crafted around different savings goals. Each group has a defined tenure, group size, and contribution structure — pick the one that fits your financial capacity.
Register & Enroll Online
Complete your KYC digitally — submit your Aadhaar, PAN, and bank details through our secure portal. No branch visits, no paperwork. Enrollment is activated within 24 hours.
Contribute Monthly
Pay your monthly installment via UPI, NEFT, or auto-debit. Every transaction is recorded in real-time on your personal dashboard, giving you complete visibility at all times.
Monthly Transparent Auction
Each month, an open auction is held. Members bid the discount they accept. The lowest bidder wins the prize amount; the saving from the discount is distributed as dividend to all members.
Receive Your Prize Amount
Prize money is credited directly to your bank account within 2 working days of the auction — no hidden charges, no deductions beyond the agreed foreman commission.
Complete Your Cycle & Earn
Continue monthly contributions until the chit cycle ends. Every subscriber benefits from accumulated dividend savings — delivering effective returns that consistently outperform standard fixed deposits.
& Compliant
Onboarding
or Charges
Every Week
Find the Right Plan for You
Whether you're saving for a milestone, managing an emergency, or growing long-term wealth — we have a chit plan tailored to every financial goal and lifestyle.
Starter Chit
- Compact group size for close-knit participation
- Short-to-medium tenure cycle
- Open monthly auction access
- Monthly dividend credited to account
- Personal digital dashboard included
Growth Chit
- Balanced group size for greater liquidity
- Medium-to-long tenure cycle
- Priority auction eligibility
- Higher dividend distribution returns
- Dedicated relationship manager assigned
Premium Chit
- Exclusive small group for privacy
- Flexible tenure options available
- Private auction arrangements
- Maximum dividend payout structure
- Personal financial advisor on-call
Why Choose SiPS Chit Fund?
We bring the reliability of a traditional chit fund together with the transparency and convenience of modern technology — built from the ground up for today's digital-first world.
100% Legally Registered
All SiPS chit groups are registered under the Chit Funds Act, 1982, and supervised by the respective State Government Registrar, ensuring your participation is fully protected and compliant.
Fully Transparent Auctions
Every monthly auction is conducted openly. All bids, discounts, and prize distributions are published in real-time on your personal dashboard — no surprises, no hidden fees, ever.
Returns That Beat Fixed Deposits
Monthly dividend distributions from auction discounts deliver effective annual returns that significantly outperform traditional fixed deposits — putting more money back in your pocket.
Emergency Access Within 48 Hours
Need funds urgently? Bid in the auction and access your lump sum within 48 hours — no credit checks, no asset pledges, no lengthy approval queues. Just fast, dignified access to your money.
Fully Digital, Fully Paperless
Manage your entire chit journey online — view statements, track auction results, pay installments, receive funds — all from your phone or browser, available 24/7 through our secure platform.
Dedicated Support, Always Near
Our experienced chit advisors are available six days a week — to help you choose the right plan, answer every question, and walk with you through every step of your chit journey.
Voices of Our Early Members
Real experiences from our founding batch of SiPS chit subscribers — people who took the first step and never looked back.
Being among the first to enroll with SiPS was the best financial decision I made this year. The onboarding was completely digital — done in under a day — and the auction process is just as transparent as they promise. No gimmicks, just genuine savings.
I was skeptical about chit funds until I saw SiPS's platform. The dashboard shows everything in real-time — payments, auction results, dividend credits. I can't believe more people don't know about this. It's genuinely better than the FD I was sitting on.
As a small trader, banks always turned me down for loans. Through SiPS's auction, I accessed the prize amount within just a few months of joining and expanded my business. The flexibility and speed are unmatched — nothing else comes close to this.
Frequently Asked Questions
Everything you need to know before joining a SiPS Chit Fund group.
Your Wealth Journey
Starts Right Now
Join our founding batch of smart savers across India who are building real wealth, accessing funds on their own terms, and experiencing the SiPS difference — transparent, digital, and built for you.