Muthoot Pappachan Chits India Pvt Ltd

4.7
3 Reviews
Chamrajpura
No. 324, 1st Floor, Tanish Arcade, N S Road, Devaraja Mohalla, Opp. Mahila Sadana
Mysuru - 570004
9:30 AM - 5:30 PM Open
  • Monday - Saturday: 9:30 AM - 5:30 PM
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  • Beginners
  • Experienced Professionals
  • Senior Citizen
  • Homemakers
  • Business MSME
  • HNI investors
  • Business Needs
  • Reducing Liability
  • Family Commitments
  • Grow Investment & Wealth

Get in Touch

Name is required! Helper text 1 / 20
+91
Mobile Number is required! Helper text 1 / 20
Select product
Product is required! Helper text
  • Beginners
  • Experienced Professionals
  • Senior Citizen
  • Homemakers
  • Business MSME
  • HNI investors
  • Business Needs
  • Reducing Liability
  • Family Commitments
  • Grow Investment & Wealth
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Our Solutions in Chamrajpura, Mysuru

Customized solutions as per your needs. Muthoot Chits is your guide to investing in a Saving cum Borrowing product with ease

Beginners
Beginners

Built the hobbits of regular investment.

Experienced Professionals
Experienced Professionals

Economical and invaluable options to reduce dependency on loans and avoid liabilities.

Senior Citizen
Senior Citizen

Fulfil lifelong ambitions and avoid dipping into your savings for financial emergencies.

Homemakers
Homemakers

A hard-to-miss opportunity for homemakers to generate additional income and create a buffer for contingencies.

Business(MSME)
Business(MSME)

The simplest way for businesses to raise funds for their business requirements.

HNI investors
HNI investors

Diversify your investment portfolios with returns not subjected to market risks.

Business Needs
Business Needs

The perfect financial solution for all your business needs.

Reducing Liability
Reducing Liability

Reduce your financial liabilities and save Money.

Family Commitments
Family Commitments

Borrow from your future savings to meet Life Cycle requirements.

Grow Investment Wealth
Grow Investment & Wealth

The most cost-efficient tool to acquire property without taking a loan.

homelineicon

PLAN

Select & Subscribe to a plan that matches your needs

INVEST

Reserve a affordable amount to invest systamatically every month

BORROW

Borrow easily by bidding for the monthly prize money

REAP

Earn monthly dividend on your investment

a smart way to invest, save, and gain

Participate in a wise investment option that is secure and allows you to borrow when you need it

a smart way to invest, save, and gain

Participate in a wise investment option that is secure and allows you to borrow when you need it

Plan

Select & Subscribe to a plan that matches your needs

Invest

reserve a affordable amount to invest systamatically every month

Borrow

Borrow easily by bidding for the monthly prize money

Earn monthly dividend on your investment

Muthoot Pappachan Chits India Pvt Ltd

About Muthoot Pappachan Chits India Pvt Ltd

Founded on the essence of trust, ethics and integrity.

Muthoot Pappachan Chits (India) Pvt Ltd, a part of the esteemed Muthoot Pappachan Group (MPG), started in 1939, brings over eight decades of trust and financial expertise. Relaunched in 2012, Muthoot Chits provides a unique savings-cum-loan solution tailored to meet the diverse financial needs of our customers. Whether it's saving for the future or accessing funds in times of need, Muthoot Chits offers a flexible, convenient, and secure investment option. Our chit fund is the ideal financial product to help you save, borrow when necessary, and achieve both short- and long-term financial goals. Head over to your nearest Muthoot Chits branch or contact us to invest in our chit funds.

The Chit Cycle or The Chit Process

LET'S ASSUME
Chit Value(Chit Amount) = Rs.5 Lac (10K x 50), member's:50, Duration:50 Months, Auction finalised at 30%

Pooling 5 lakhs
(Chit amount every month)
Auction is to identify the
bidder who offers
Highest Discount
Every month
contribute 10K each
50
member's
This 5 Lac, will be distributed
to a person through Auction
Foreman Comission@ 5% Chit
Amount
cycle1
Dividend @ Rs.2500/Person
(1.25 Lac/50)
cycle2
Prize Money(Auction Amount) Chit
Amount - Discount
cycle3
Note: The pooled-in chit amount for the 1st month is retained by one of the member's (Foreman). The above cycle/process of pool, auction, and the bid will be repeated each month from the second month onwards. – One of the member's

Ratings & Reviews

5
4
3
2
1
4.7
3 Reviews
  • Google Review
    5
    Manju Nath B
    Manju Nath B

    (Translated by Google) Muttoot Papachan Chits Mysore Manager is very friendly and responsive in all ways Muttoot Chits is guide in our financial shortfall. (Original) ಮುತ್ತೂಟ್ ಪಾಪಚನ್ ಚಿಟ್ಸ್ ಮೈಸೂರ್ ವ್ಯವಸ್ಥಾಪಕರು ತುಂಬಾ ಜನಸ್ನೇಹಿ ಎಲ್ಲಾ ರೀತಿಯಲ್ಲೂ ಸ್ಪಂದಿಸುತ್ತಾರೆ ನಮ್ಮ ಹಣಕಾಸಿನ ಕೊರತೆ ನೀಗಿಸುವಲ್ಲಿ ಮುತ್ತೂಟ್ ಚಿಟ್ಸ್ ಮಾರ್ಗದರ್ಶಿಯಾಗಿದೆ.

  • Google Review
    4
    mahesh maahi
    Mahesh maahi

    Mysuru Branch staff's very reliable and good

  • Google Review
    5
    Yogesh Gowda
    Yogesh Gowda

    Staff of muthoot chits tilak nagar branch are very cooperative and given proper information about product.Easy and useful for middle class people to save money.thanks to muthoot, all the.best to Kalpana Madam.

Nearby Branches

Our Blogs

Blogs
13 Jun 2025
Upgrade Your Home, the Smart Way! Whether it’s adding the latest appliances, revamping your interiors, or giving your space a fresh new look—your dream home upgrade is just smart planning away. With Muthoot Chits, you can save systematically and borrow when needed, giving you the flexibility to plan big without the financial burden. It’s more than just saving—it’s building a fund that works around your needs and empowers your dreams. Whether you're starting small or going all out, Muthoot Chits helps you make it happen—stress-free and interest-smart. Visit our nearest branch and join a scheme today. Your dream home is now within reach.
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Blogs
05 Jun 2025
At Muthoot Chits, we believe true wealth lies in both financial security and a thriving planet. This World Environment Day, let’s commit to building a greener, cleaner tomorrow—just as we build smart savings, one chit at a time. Because small, consistent steps—whether in savings or sustainability—lead to big, lasting impact. Muthoot Chits wishes everyone a Happy World Environment Day.
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Blogs
02 Jun 2025
Empowering your small business to grow big! Whether you’re stocking up for the busy season or planning to expand your setup, Muthoot Chits is here to provide the smart capital exactly when you need it. Our flexible chit-fund schemes offer a perfect blend of smart savings and borrowing solutions designed to support your business journey at every stage. With Muthoot Chits, you gain access to timely funds that help you manage inventory, invest in new equipment, or take your business to the next level—all while cultivating disciplined savings habits. Visit your nearest Muthoot Chits branch today and take the first step towards turning your business dreams into reality!
Read More
Blogs
26 May 2025
Smart Savings. Smarter Support – Only at Muthoot Chits! From planned milestones to life’s unexpected twists, Muthoot Chits is here to help you stay financially confident at every stage. Our smart saving and borrowing solutions are designed with flexibility, reliability, and your goals in mind. Whether you're saving for a dream, funding a business, or facing an emergency, Muthoot Chits empowers you to stay ahead — no matter the situation. Start your journey towards financial freedom today with a name trusted by millions. Visit your nearest Muthoot Chits branch and discover how easy it is to plan, save, and grow with confidence.
Read More
Blogs
22 May 2025
From planned savings to timely borrowing, Muthoot Chits is with you every step of the way on your financial journey. At Muthoot Chits, we know that financial goals require both discipline and flexibility. That’s why our chit fund solutions are designed to help you save systematically while also giving you the freedom to access funds when you need them most. Whether you're planning for a big milestone, managing monthly expenses, or seizing a new opportunity, Muthoot Chits provides a smart, reliable way to grow your money and meet your goals with confidence. With a legacy of trust and transparency, we’re more than a service—we’re your partner in financial growth. Visit your nearest Muthoot Chits branch and empower your future.
Read More
Blogs
14 May 2025
At Muthoot Chits, we understand the power of a homemaker’s vision. Every thoughtful choice you make shapes a better future for your family. With our trusted chit schemes, you can start systematic savings that grow steadily and securely. Whether it’s for your child’s education, a dream home, or personal aspirations, taking small steps today can lead to big achievements tomorrow. Let your financial journey begin with confidence, clarity, and control. Visit your nearest Muthoot Chits to empower yourself and your loved ones with the strength of planned savings.
Read More
Blogs
14 May 2025
At Muthoot Chits, we understand the power of a homemaker’s vision. Every thoughtful choice you make shapes a better future for your family. With our trusted chit schemes, you can start systematic savings that grow steadily and securely. Whether it’s for your child’s education, a dream home, or personal aspirations, taking small steps today can lead to big achievements tomorrow. Let your financial journey begin with confidence, clarity, and control. Visit your nearest Muthoot Chits to empower yourself and your loved ones with the strength of planned savings.
Read More
Blogs
29 Apr 2025
Fuel Your Business Growth with Muthoot Chits! Running a business takes vision — and the right financial partner by your side. We offer smart capital solutions tailored for smart enterprises like yours. Save systematically. Borrow flexibly. Whether you're expanding operations or managing daily needs, our reliable chit-fund options ensure your business never runs out of momentum. Visit your nearest Muthoot Chits branch — where financial planning meets growth!
Read More
Blogs
08 Apr 2025
Plan Smart, Borrow Easy with Muthoot Chits – your trusted partner in turning dreams into reality! Whether you're saving for a new home, planning future goals, or facing an unexpected need, we offer a smart way to save systematically and borrow flexibly whenever required. Enjoy financial freedom with a solution that grows with you. Head over to your nearest Muthoot Chits branch and let's make your aspirations come true—one smart step at a time.
Read More
Blogs
31 Mar 2025
May this Eid bring you peace, happiness, and prosperity. Just like Eid marks a new beginning, start your journey towards smart savings and financial security with Muthoot Chits. At Muthoot Chits, we help you plan for a brighter future with trusted savings solutions tailored to your needs. Just as Eid marks new opportunities, take the first step towards financial growth and stability with us.
Read More
Blog
Whats New

Frequently asked Question

What chit fund schemes are available at Muthoot Pappachan Chits India Pvt Ltd?

Muthoot Pappachan Chits India Pvt Ltd offers a variety of chit fund schemes with flexible durations and prize amounts. Whether you need savings, loans, or investment options, Muthoot Pappachan Chits India Pvt Ltd in Chamrajpura provides secure and reliable chit fund services in Mysuru.

How can I join a chit fund scheme in Muthoot Pappachan Chits India Pvt Ltd?

To join a chit fund scheme, visit the Muthoot Pappachan Chits India Pvt Ltd in Chamrajpura, Mysuru with valid ID proof, address proof, and passport-size photos. The process is quick, and our team will guide you through chit group registration, bidding, and payouts for a seamless experience.

How does the auction process work at Muthoot Pappachan Chits India Pvt Ltd?

At Muthoot Pappachan Chits India Pvt Ltd Chamrajpura, Mysuru, subscribers bid for the prize money during monthly auctions. The highest bidder wins the amount after deducting the discount. Non-bidders continue saving until their turn, ensuring fair and transparent chit fund operations.

Is Muthoot Pappachan Chits India Pvt Ltd safe and trustworthy?

Muthoot Pappachan Chits India Pvt Ltd is a trusted financial brand with decades of experience. Our Chamrajpura, Mysuru branch follows guidelines, ensuring secure transactions, transparent dealings, and timely payouts for all chit fund subscribers.

How do I receive alerts from Muthoot Pappachan Chits India Pvt Ltd for the upcoming chit fund auctions?

Subscribers get SMS/WhatsApp/email alerts for auction dates and payment reminders from Muthoot Pappachan Chits India Pvt Ltd Chamrajpura. Ensure your mobile number is updated with the branch.

Does Muthoot Pappachan Chits India Pvt Ltd provide investment advice for beginners?

Our Chamrajpura, Mysuru branch has financial experts to guide new subscribers on choosing the right chit scheme, risk management, and wealth-building strategies.

Where is the Muthoot Pappachan Chits India Pvt Ltd branch located in Chamrajpura, Mysuru?

The Muthoot Pappachan Chits India Pvt Ltd branch in Mysuru is located at No. 324, 1st Floor, Tanish Arcade,N S Road, Devaraja Mohalla,Opp. Mahila Sadana.

How can I contact Muthoot Pappachan Chits India Pvt Ltd in Chamrajpura, Mysuru?

You can contact the Muthoot Pappachan Chits India Pvt Ltd in Chamrajpura, Mysuru via phone at 09916994555.

What is the minimum and maximum bid amount in a chit auction at Muthoot Pappachan Chits India Pvt Ltd in Chamrajpura, Mysuru?

The minimum bid amount is 5% (foreman commission) and the maximum bid amount is 35%.

How does the bidding process of Muthoot Pappachan Chits India Pvt Ltd work?

Members bid for the prize money by offering a discount on the total amount. The member with the highest bid wins the prize money.

Category

  • Chit Fund Company
  • Chit Funds Services
  • Financial Solutions
  • Investment Plans
  • Monthly Chit Fund Schemes
  • Muthoot Chit Funds Schemes
  • Small Business Funding

Tags

Chit Fund Schemes

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Small Business Funding Plans

Chit Fund Investment

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Chit Finance

Chit Auction

Muthoot Chit Funds Schemes

Msme Funding Solutions

Financial Planning

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Easy Borrowing Solutions

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Chit Fund Benefits

Plan for Planned and Unplanned Needs

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Payment Methods

  • Cash Payment
  • Net Banking
  • Debit Card
  • UPI
  • QR Code Payment
  • RTGS and NEFT Transfer