What does chit fund mean?

Definitions for chit fund
chit fund

This dictionary definitions page includes all the possible meanings, example usage and translations of the word chit fund.


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Wikipedia

  1. Chit fund

    A chit fund is a type of rotating savings and credit association system practiced in India. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose. Chit funds are often microfinance organizations.

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Numerology

  1. Chaldean Numerology

    The numerical value of chit fund in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of chit fund in Pythagorean Numerology is: 4

Examples of chit fund in a Sentence

  1. Lakshheish M Patel:

    People had seen how CHIT FUND turned out to be a scam and fraud and how the same was promoted by greedy bollywood celebrities and cricketers for money purpose. Now the same CHIT FUND seems to have taken a new avtaar of MUTUAL FUND n SIP

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"chit fund." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/chit+fund>.

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