Muthoot Pappachan Chits India Pvt Ltd

Puzhathi
First Flr, Kannan's Complex, Main Rd, Puzhathi, Near Bus Stop Chettipeedika
Kannur - 670002
09:30 AM - 05:30 PM Closed
  • Monday: 09:30 AM - 05:30 PM
  • Tuesday: 09:30 AM - 05:30 PM
  • Wednesday: 09:30 AM - 05:30 PM
  • Thursday: 09:30 AM - 05:30 PM
  • Friday: 09:30 AM - 05:30 PM
  • Saturday: 09:30 AM - 05:30 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 Puzhathi, Kannur

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

Nearby Branches

Our Blogs

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
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Frequently asked Question

What are the payment modes accepted

You can make payment via Cash Payment, Net Banking, Debit Card, UPI, QR Code Payment, RTGS and NEFT Transfer

What are business working hours?

Monday: 09:30 AM - 05:30 PM, Tuesday: 09:30 AM - 05:30 PM, Wednesday: 09:30 AM - 05:30 PM, Thursday: 09:30 AM - 05:30 PM, Friday: 09:30 AM - 05:30 PM, Saturday: 09:30 AM - 05:30 PM

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

Financial Solutions For Businesses

Small Business Funding Plans

Chit Fund Investment

Chit Funds Near Me

Chit Finance

Chit Auction

Muthoot Chit Funds Schemes

Msme Funding Solutions

Financial Planning

Chit Funds For Startups

Nearby Chit Fund Services

Smart Savings Plans

Easy Borrowing Solutions

Secure Financial Planning

Chit Fund Benefits

Plan for Planned and Unplanned Needs

Flexible Saving Options

Monthly Savings Plans

Financial Security Solutions

Systematic Savings for Future Goals

Emergency Fund Planning

Restructure Your Finances

Best Chit funds in India

Top Chit Funds in India

Payment Methods

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