WELCOME TO NEW MMC Chits (P) Ltd
Chennai’s Trusted Name in Chit Funds
We help you achieve financial growth and stability. Save smart, borrow wisely—choose NEW MMC Chits (P) Ltd
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NEW MMC Chits Private Limited
CIN NUMBER:U64990TN2025PTC177047
CIN NUMBER:U64990TN2025PTC177047
Secure Your Future with NEW MMC Chits (P) Ltd
NEW MMC Chits (P) Ltd. We are committed to providing innovative and secure financial solutions tailored to meet your needs. As a part of the trusted MMC Chits (P) Ltd, our chit fund services are designed to empower individuals and businesses by offering them a flexible, reliable, and efficient savings and borrowing platform.
Chit & Finance
What is a Chits?
We provide a reliable and flexible financial ecosystem that blends the traditional savings model of chit funds with modern financial services.
How it Work?
Select a chit fund plan that suits your savings or financial needs. Our plans are…
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Comparative Advantage
Backed by years of expertise, we are a trusted name in the chit fund and…
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Why Chit Fund
Chit funds offer a unique combination of savings and borrowing in one financial tool.
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What is a Chit
Chit funds are widely regarded as a flexible and convenient financial tool.
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Our strength
Simplified Processes, Seamless Finance Solutions
We ensure a smooth and hassle-free process for all our customers. From selecting the right chit plan to accessing funds, our system is designed to be efficient, transparent, and customer-friendly.
Plan Selection
Good Returns
Reliable Support
Easy Withdrawals
WHY CHOOSE US
We’ve created resource that needs to help you for betterment
FREQUENTLY ASKED QUESTIONS
The main questions clients ask mostly regarding insurance
What is MMC Group’s chit plan?
MMC Group offers chit fund schemes that act as a combined savings and borrowing solution. Participants contribute fixed amounts monthly, and one member receives the collected amount through an auction or lottery process.
How does the chit plan work?
Participants form a group, and each member contributes a fixed monthly amount. In each cycle, the pooled amount is either:
Auctioned to the highest bidder who offers the maximum discount, or
Allocated through a lucky draw if no bids are made.
The remaining amount, after deducting the bid amount, is distributed as dividends among all members.
Auctioned to the highest bidder who offers the maximum discount, or
Allocated through a lucky draw if no bids are made.
The remaining amount, after deducting the bid amount, is distributed as dividends among all members.
What are the benefits of participating in NEW MMC chit plans?
Savings & Borrowing Flexibility: Save monthly or access funds in emergencies.
Dividends: Earn dividends from the bid discount.
Transparency: All processes are conducted transparently with documentation.
Dividends: Earn dividends from the bid discount.
Transparency: All processes are conducted transparently with documentation.
Is it safe to invest in NEW MMC chit plans?
Yes, MMC Group follows all regulatory guidelines, ensuring transparency and the security of participants’ funds.
What is the tenure of a chit plan?
The tenure depends on the group size and monthly contribution. For instance, a 25-member group with a monthly contribution lasts for 25 months.
Can I withdraw from a chit group midway?
Withdrawing midway may result in penalties or forfeiting benefits. Please refer to the terms and conditions or contact customer service for specific details.
Who can join NEW MMC chit plans?
Any individual or business looking for a flexible savings or borrowing option can join, subject to meeting the eligibility criteria.
CLIENTS TESTIMONIAL
What beneficiaries say about our service
"A seamless experience from start to finish! MMC Chits Private Limited has made saving and accessing funds so easy. The transparent process and customer-first approach Thank You!"
Praveen Kumar
Praveen Kumar
5
"I’ve been part of MMC Chits Private Limited for over a year, and I’ve never had a smoother financial experience. The flexible chit plans and prompt fund disbursements helped
Suresh
5
"MMC Chits Private Limited has been a lifesaver for me. I needed funds urgently, and their quick processing and transparent system gave me the confidence to proceed.
Jithish
5
"MMC Chits Private Limited has been a lifesaver for me. I needed funds urgently, and their quick processing and transparent system gave me the confidence to proceed.
Vikram
5
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