About Us

V Munnanju, Managing Director started the business in 2005 with limited chit schemes, which was then incorporated in 2005 and formed a registered entity as Sri Shakambari Chits Pvt Ltd. The firm complies with companies Act of 1956 & operates as per the Chit Fund act 1982. Sri Shakambari Chits Pvt Ltd celebrates 11 years of continuous success.

Sri Shakambari Chits Pvt Ltd is a most renowned chit fund that operates in traditional way. Sri Shakambari Chits Pvt Ltd’s mission is to maintain the goodwill and retain long term relationship with their clients. Since 2005, the company has promoted and operated various chit groups amounting from Rs 25000/- to Rs 25,00,000/- It has served more than 6000 satisfied customers till date. We are proud to be recognised as a trustworthy firm and we will continue to give the best service to all our subscribers in the same manner.

In early 2000’s the business segmented limited target customers such as small scale business man, working individuals etc. With continuous support and reliability business expanded and attracted professionals like Doctors, IT professionals, CA’s to big industrialists etc. Sri Shakambari Chits Pvt Ltd is known for its trust and goodwill which helped in retaining the existing customers for more than 25 years.

Welcome to Sri Shakambari Chits Pvt Ltd... Click Here to login to your account

Privacy Policy Refund and Cancellation Policy TERMS AND CONDITIONS

Online Services We offer

Online Enrollment

Statement Request

Bid Offers

Dividend Enquiry

Priced Subscriber document

Our Recent Works


For NEFT and RTGS : Use the below Details :Axis Bank
Acc name: Sri Shakambari Chits Pvt Ltd
Acc no: 913020056151836
IFSC Code: UTIB0001151
Branch: Cauvery Bhavan

Cheque Payments:
Cheque remited in the name “Sri Shakambari Chits Pvt Ltd.”

Chit Schemes

Click the below link to enroll to Sri Shakambari Chit Schemes

Short Term

25 Months


1,00,000/ Month

Short Term

25 Months


40,000/ Month

Short Term

25 Months


20,000/ Month

Short Term

25 Months


4,000/ Month

Free Trial


Mid Term

30 Months


20,000/ Month

Mid Term

30 Months


10,000/ Month

Mid Term

30 Months


5,000/ Month

Long Term

40 Months


50,000/ Month

Long Term

40 Months


25,000/ Month

Long Term

40 Months


12,500/ Month

Long Term

40 Months


5,000/ Month

Long Term

40 Months


2,500/ Month

Our Team

V Munnanju

Managing Director

V Munnanju former vice president of PLD bank. Having above 10 years of experience in the area of banking industry He is part of SRI SHAKAMBARI CHITS PVT LTD since its inception. With immense trust and support from customers it motivated the firm to grow to great heights. He is also the director MRJ Chit Pvt Ltd.



D.Ramaiah Former employee of Karnataka Industrial Co-operative bank.who was inspired with chit funds started chits ranging from 10000 to 25000. having more than 20 years of experience in the domain chits funds and mortgage. He is also the director MRJ Chit Pvt Ltd.

M Jairaj


M Jairaj Entrepreneur of Sri Raghavendra finance corp. Jairaj renowned industrialist unite with MRJ Chits Pvt Ltd with wide range of customer network. Joined as Director SSCPL.

R Srinivas


R Srinivas MBA Joined as director of SSCPL. Srinivas comes with wide knowledge in commerce and IT enabled transformation in the domain of finance. He is also the director MRJ Chit Pvt Ltd.


  • One of the most trusted and renowned brand. We have been associated with this co for more than 20 yrs feels secured, most important is our investment and returns are free from fraudulent. I have personally experienced that they are customer focused and very much flexible to my expectations. With recent automation and system change over, I’m able to manage transactions on-line, such as statement request, on-line funds transfer, on-line bidding etc.

    Mohan, Volvo

  • The best thing about Sri Shakambari Chits is that you get to save money for long term with short term returns. This is really helpful when you need money in an emergency such as marriage,medical issues or school fee where you can bid and get your money immediately without any issues for the registered chit amt. I am really happy to be part of this firm for the last 15 yrs and also proud that my first car down payment was from my savings in SSCPL. In today’s world there are people who cheat by running chit funds at home or by renting a small place and runaway. I can definitely say I am in SAFE hands. I will definitely recommend more people to join us.

    Chethan, Lenovo India

  • I’m one of happy customer associated with SSCPL since 3 years and the service n system implementation is so good and we feel it is trusted n reputed organisation and really we can invest our money without second thought. System in SSCPL shows the level of their experience and quality of services they offer. I feel it’s a right platform to invest money n save it.

    Kiran, Digiflic Controls India Pvt Ltd

Recent Posts

  • Why Sri Shakambari Chits Pvt Ltd -   SRI SHAKAMBARI CHITS PVT LTD goodwill and trust with over 6000 happy customers. SRI SHAKAMBARI CHITS PVT LTD retains a long term relationship with its clients from the inception. Continue Reading
  • The Chit Fund Act - The Chits Funds Act,1982 Be it enacted by Parliament in the Thirty-third Year of the Republic of India as follows: STATEMENT OF OBJECTS AND REASONS 1-A „conventional chit‟ is an Continue Reading
  • About Chits - Why Chit Funds? 5 Times better than FD’s Best and most trusted investment plan to meet your short term needs. In simple terms, it could be said as interest free Continue Reading
  • Chit Operation - How does chit operate ? Chit is a mutually beneficial scheme where in a group of people contributes towards the chit value and one member from the group is given Continue Reading

Associated Partner


Contact Us

MRJ Chits Pvt Ltd
Avenue Road, Cubbonpet,
Bangalore-560 002
Ph: 080 22215473/080 22217639
M:+91 9986277180
M:+91 9448168227
Direction in Google Map

Privacy Policy

Your website may use the Privacy Policy given below:

The terms "We" / "Us" / "Our"/”Company” individually and collectively refer to Sri Shakambari Chits Pvt Ltd and the terms "You" /"Your" / "Yourself" refer to the users.

This Privacy Policy is an electronic record in the form of an electronic contract formed under the information Technology Act, 2000 and the rules made thereunder and the amended provisions pertaining to electronic documents / records in various statutes as amended by the information Technology Act, 2000. This Privacy Policy does not require any physical, electronic or digital signature.

This Privacy Policy is a legally binding document between you and Sri Shakambari Chits Pvt Ltd (both terms defined below). The terms of this Privacy Policy will be effective upon your acceptance of the same (directly or indirectly in electronic form, by clicking on the I accept tab or by use of the website or by other means) and will govern the relationship between you and Sri Shakambari Chits Pvt Ltd for your use of the website “Website” (defined below).

This document is published and shall be construed in accordance with the provisions of the Information Technology (reasonable security practices and procedures and sensitive personal data of information) rules, 2011 under Information Technology Act, 2000; that require publishing of the Privacy Policy for collection, use, storage and transfer of sensitive personal data or information.

Please read this Privacy Policy carefully by using the Website, you indicate that you understand, agree and consent to this Privacy Policy. If you do not agree with the terms of this Privacy Policy, please do not use this Website.

By providing us your Information or by making use of the facilities provided by the Website, You hereby consent to the collection, storage, processing and transfer of any or all of Your Personal Information and Non-Personal Information by us as specified under this Privacy Policy. You further agree that such collection, use, storage and transfer of Your Information shall not cause any loss or wrongful gain to you or any other person.


To avail certain services on our Websites, users are required to provide certain information for the registration process namely: - a) your name, b) email address, c) sex, d) age, e) PIN code, f) credit card or debit card details g) medical records and history h) sexual orientation, i) biometric information, j) password etc., and / or your occupation, interests, and the like. The Information as supplied by the users enables us to improve our sites and provide you the most user-friendly experience.

All required information is service dependent and we may use the above said user information to, maintain, protect, and improve its services (including advertising services) and for developing new services

Such information will not be considered as sensitive if it is freely available and accessible in the public domain or is furnished under the Right to Information Act, 2005 or any other law for the time being in force.

To improve the responsiveness of the sites for our users, we may use "cookies", or similar electronic tools to collect information to assign each visitor a unique, random number as a User Identification (User ID) to understand the user's individual interests using the Identified Computer. Unless you voluntarily identify yourself (through registration, for example), we will have no way of knowing who you are, even if we assign a cookie to your computer. The only personal information a cookie can contain is information you supply (an example of this is when you ask for our Personalised Horoscope). A cookie cannot read data off your hard drive. Our advertisers may also assign their own cookies to your browser (if you click on their ads), a process that we do not control.

Our web servers automatically collect limited information about your computer's connection to the Internet, including your IP address, when you visit our site. (Your IP address is a number that lets computers attached to the Internet know where to send you data -- such as the web pages you view.) Your IP address does not identify you personally. We use this information to deliver our web pages to you upon request, to tailor our site to the interests of our users, to measure traffic within our site and let advertisers know the geographic locations from where our visitors come.

Our policy discloses the privacy practices for our own web site only. Our site provides links to other websites also that are beyond our control. We shall in no way be responsible in way for your use of such sites.5.

We shares the sensitive personal information to any third party without obtaining the prior consent of the user in the following limited circumstances:

(a) When it is requested or required by law or by any court or governmental agency or authority to disclose, for the purpose of verification of identity, or for the prevention, detection, investigation including cyber incidents, or for prosecution and punishment of offences. These disclosures are made in good faith and belief that such disclosure is reasonably necessary for enforcing these Terms; for complying with the applicable laws and regulations.

(b) We proposes to share such information within its group companies and officers and employees of such group companies for the purpose of processing personal information on its behalf. We also ensure that these recipients of such information agree to process such information based on our instructions and in compliance with this Privacy Policy and any other appropriate confidentiality and security measures.

We take appropriate security measures to protect against unauthorized access to or unauthorized alteration, disclosure or destruction of data. These include internal reviews of our data collection, storage and processing practices and security measures, including appropriate encryption and physical security measures to guard against unauthorized access to systems where we store personal data.

All information gathered on our Website is securely stored within our controlled database. The database is stored on servers secured behind a firewall; access to the servers is password-protected and is strictly limited. However, as effective as our security measures are, no security system is impenetrable. We cannot guarantee the security of our database, nor can we guarantee that information you supply will not be intercepted while being transmitted to us over the Internet. And, of course, any information you include in a posting to the discussion areas is available to anyone with Internet access.

However the internet is an ever evolving medium. We may change our Privacy Policy from time to time to incorporate necessary future changes. Of course, our use of any information we gather will always be consistent with the policy under which the information was collected, regardless of what the new policy may be.

Grievance Redressal
Redressal Mechanism: Any complaints, abuse or concerns with regards to content and or comment or breach of these terms shall be immediately informed to the designated Grievance Officer as mentioned below via in writing or through email signed with the electronic signature to …………………………….. ("Grievance Officer").

Mr Srinivas.R (Grievance Officer)
Sri Shakambari Chits Pvt Ltd

#75, Banashankari Market, Avenue Road Cross,

Jumma Masjid Road, Bengaluru-560 002

Email: srinivas.r@srishakambarichits.com
Ph:  9986277180

Refund and Cancellation Policy

Our focus is complete customer satisfaction. In the event, if you are displeased with the services provided, we will refund back the money, provided the reasons are genuine and proved after investigation. Please read the fine prints of each deal before buying it, it provides all the details about the services or the product you purchase.

In case of dissatisfaction from our services, clients have the liberty to cancel their projects and request a refund from us. Our Policy for the cancellation and refund will be as follows:

 Cancellation Policy

For Cancellations please contact the us via contact us link.

Requests received later than 5 business days prior to the end of the current service period will be treated as cancellation of services for the next service period.

Refund Policy

We will try our best to create the suitable design concepts for our clients.

In case any client is not completely satisfied with our products we can provide a refund.

If paid by credit card, refunds will be issued to the original credit card provided at the time of purchase and in case of payment gateway name payments refund will be made to the same account.


Your website may use the Terms and Conditions given below.

The terms "We" / "Us" / "Our"/”Company” individually and collectively refer to Sri Shakambari Chits Pvt Ltd and the terms "Visitor” ”User” refer to the users.
This page states the Terms and Conditions under which you (Visitor) may visit this website (“Website”). Please read this page carefully. If you do not accept the Terms and Conditions stated here, we would request you to exit this site. The business, any of its business divisions and / or its subsidiaries, associate companies or subsidiaries to subsidiaries or such other investment companies (in India or abroad) reserve their respective rights to revise these Terms and Conditions at any time by updating this posting. You should visit this page periodically to re-appraise yourself of the Terms and Conditions, because they are binding on all users of this Website.


All logos, brands, marks headings, labels, names, signatures, numerals, shapes or any combinations thereof, appearing in this site, except as otherwise noted, are properties either owned, or used under licence, by the business and / or its associate entities who feature on this Website. The use of these properties or any other content on this site, except as provided in these terms and conditions or in the site content, is strictly prohibited.

You may not sell or modify the content of this Website  or reproduce, display, publicly perform, distribute, or otherwise use the materials in any way for any public or commercial purpose without the respective organisation’s or entity’s written permission.


(A) Security Rules
Visitors are prohibited from violating or attempting to violate the security of the Web site, including, without limitation, (1) accessing data not intended for such user or logging into a server or account which the user is not authorised to access, (2) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorisation, (3) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus or "Trojan horse" to the Website, overloading, "flooding", "mail bombing" or "crashing", or (4) sending unsolicited electronic mail, including promotions and/or advertising of products or services. Violations of system or network security may result in civil or criminal liability. The business and / or its associate entities will have the right to investigate occurrences that they suspect as involving such violations and will have the right to involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.
(B) General Rules
Visitors may not use the Web Site in order to transmit, distribute, store or destroy material (a) that could constitute or encourage conduct that would be considered a criminal offence or violate any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy or publicity of other personal rights of others, or (c) that is libellous, defamatory, pornographic, profane, obscene, threatening, abusive or hateful.


The User unilaterally agree to indemnify and hold harmless, without objection, the Company, its officers, directors, employees and agents from and against any claims, actions and/or demands and/or liabilities and/or losses and/or damages whatsoever arising from or resulting from their use of www.srishakambarichits.com  or their breach of the terms .



User agrees that neither Company nor its group companies, directors, officers or employee shall be liable for any direct or/and indirect or/and incidental or/and special or/and consequential or/and exemplary damages, resulting from the use or/and the inability to use the service or/and for cost of procurement of substitute goods or/and services or resulting from any goods or/and data or/and information or/and services purchased or/and obtained or/and messages received or/and transactions entered into through or/and from the service or/and resulting from unauthorized access to or/and alteration of user's transmissions or/and data or/and arising from any other matter relating to the service, including but not limited to, damages for loss of profits or/and use or/and data or other intangible, even if Company has been advised of the possibility of such damages.

User further agrees that Company shall not be liable for any damages arising from interruption, suspension or termination of service, including but not limited to direct or/and indirect or/and incidental or/and special consequential or/and exemplary damages, whether such interruption or/and suspension or/and termination was justified or not, negligent or intentional, inadvertent or advertent.

User agrees that Company shall not be responsible or liable to user, or anyone, for the statements or conduct of any third party of the service. In sum, in no event shall Company's total liability to the User for all damages or/and losses or/and causes of action exceed the amount paid by the User to Company, if any, that is related to the cause of action.

In no event shall Company or any parties, organizations or entities associated with the corporate brand name us or otherwise, mentioned at this Website be liable for any damages whatsoever (including, without limitations, incidental and consequential damages, lost profits, or damage to computer hardware or loss of data information or business interruption) resulting from the use or inability to use the Website and the Website material, whether based on warranty, contract, tort, or any other legal theory, and whether or not, such organization or entities were advised of the possibility of such damages.