Welcome To "Navachethana Chits"

Navachethana Chits started its operations on 17th June 2009 with one Main branch at Mangalore and extended its branches at Mangalore, Udupi, Puttur, Kundapur, Hubli, Belguam and Bellary.

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About Chit Fund

Chit Investment is a good return on investment as savings and can be a reliable source of funds during emergencies through a borrowing scheme.

How Chit Fund Works ?

Subscribers put their monthly installments into the pot. Then, an open auction is conducted to determine the lowest sum a subscriber is willing to take that month.

Chit Fund Act

Its an act to provide for the regulation of chit funds and it was enacted by Parliament in the Thirty-third Year of the Republic of India.

If you have any query for related to Chit Fund & Micro Finance. Our sister concern Navachethana finance company is providing loans for our clients

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Why People Choose Navachethana Chits



Best In Mangalore

Our Chit Fund Company is a major player in the region with a 70 crores turnover and more than 6500 Subscribers with 40% recurring clients.



Friendly Assistance

We take great pleasure in providing friendly assistance to all our customers throughout their financial journey with us.



Money Care

We have decades of professional experience in the field of Chit Fund and Finance Management to ensure the safety of our investors hard-earned money.

Helping Small Businesses

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Happy Customers

If you have any query for related to Chit Fund & Micro Finance

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Our Team


Team members
Team members


Our Directors


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LOKESH SHETTY

Chairman & Managing Director

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NITHIN ATTAVAR

Director

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PRASAD J SHETTY

Director

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PRAKASH K DEVADIGA

Director

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