Save every month. Take your turn when you need it.
Vasavi Chits runs chit groups where members save a fixed amount each month and one member receives the full chit value every month. Pick a group that fits your budget and the month you need the money.
Open chit groups
Every group shows its monthly installment and the months still available, so you can plan before you join.
1 Lakh - 50 Months
Auction chitVasavi 10 Lakh - 30 Months
Fixed chitVasavi 5 Lakh- 2025 - 30 Months
Fixed chitVasavi 5 Lakh · 30 Months
Fixed chitHow joining works
From choosing a group to receiving your chit amount, here is what happens.
Choose a chit
Compare groups by chit value, monthly installment and duration, and see which months are still open.
Show your interest
Create an account with your mobile number and email, then tap "I'm interested" on the chit you like.
Get your month
Our team calls you, completes verification and assigns your month in the group.
Pay and track
Pay your installment every month and follow each payment, dividend and due date in your online passbook.
Why members choose Vasavi Chits
A clear passbook
See every month's installment, dividend share, penalty and payment status in one place, on the website and in the app.
Verified members only
Every member completes KYC before joining a group, so you save alongside people who have been checked.
Fair, open auctions
In auction chits, members bid live in the app. Ties are decided by a random draw, and the discount is shared as dividend.
Plan your monthly installment
Move the sliders to see roughly what a group of your size would cost each month.
In auction chits, the dividend from each month's auction reduces what you pay. Exact amounts are in each chit's details.
Questions people ask us
What is a chit fund?
A group of members agree to pay a fixed amount every month for a fixed number of months. Each month, the total collected (the chit value) goes to one member. Everyone gets the full amount once during the term, so it works as both savings and a planned loan.
What is the difference between a fixed chit and an auction chit?
In a fixed chit, each member's month is decided in advance, so you know exactly when you will receive the amount. In an auction chit, members who need money earlier bid every month; the member who accepts the highest discount takes that month's amount, and the discount is shared with everyone as dividend.
How do I choose which month I receive the money?
Each chit page shows which months are still open. Mention the month you prefer when you tap "I'm interested", and our team will confirm and assign it after verification.
What documents do I need to join?
We complete KYC with your identity and address proof, PAN and bank account details, plus a nominee. You can upload these in the app after your account is created.
What happens if I pay late?
Each chit has a grace period after the due date. If the installment is still unpaid after that, a small penalty is added as stated in the chit agreement. Your passbook always shows the exact amount due.
Can I track my payments online?
Yes. Log in on this website or in the app to see every month's installment, dividend adjustment, penalty and payment status.
Ready to start saving?
Create your account in two minutes. Verification is done with a code sent to your email.