Established 1990

About Sri Annaamalaii Chit Funds

A government-registered chit fund company serving Tamil Nadu families since 1990. Committed to transparent, trustworthy savings.

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GST
33AAQCS9871A2Z1
Corporate Identification Number by MCA
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Chit Registrar No.
TN/CHIT/1990/0042
Registration under TN Chit Registrar
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License Number
TNCH/LIC/1990/0087
License from Registrar of Chits, Tamil Nadu
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Our Mission

To provide accessible, transparent, and trustworthy chit fund services to every household in Tamil Nadu. We aim to be the most reliable savings and credit platform β€” empowering families to achieve financial goals through community-based finance.

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Our Values

  • Transparency β€” Open auctions with published results
  • Integrity β€” Zero hidden charges, honest dealings
  • Reliability β€” Timely prize disbursements, always
  • Community β€” Building wealth together

Our Founders

Shri. S.A.Kannan
Founder & Managing Director
Since 1990

With 30+ years in financial services, started Sri Annaamalaii Chits to provide a trustworthy savings avenue to middle-class families.

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Smt. Annaamalaii Kannan
Co-Founder & Director
Since 1990

Handles compliance and member relations with meticulous attention. Ensures every member is treated with care and transparency.

Shri. R. Subramaniam
Chief Operations Officer
Since 2005

Oversees day-to-day operations, auction management, and digital transformation of the company's systems.

Our Journey

1990
Company founded and registered under Tamil Nadu Chit Funds Act
2000
First 100 members crossed; expanded to β‚Ή10L chit schemes
2010
Launched β‚Ή1C premium chit group; opened second office
2015
Digital payment integration and online member portal launched
2020
Crossed 2,000+ active members milestone
2026
β‚Ή45 Crore total funds managed; 340+ completed chit groups