Kodachadri Chits, an esteemed ISO-certified Chit Fund Company in India, has been honored with the ET Award for “Most Trusted and Digital Friendly Chit Fund Company” by the Times Group. This recognition marks a significant milestone in the company’s journey, showcasing its commitment to transparency and digital innovation in the financial sector. With a rapidly expanding presence of over 40 branches in Karnataka, Kodachadri Chits is setting a new standard in the industry.
Mr. Parashuram K N, Founder and Managing Director of Kodachadri Chits, has been instrumental in revolutionizing the chit fund landscape. Utilizing his background as an IT engineer, he has integrated technology into the company’s operations, significantly enhancing transparency and customer trust. Under his leadership, Kodachadri Chits has not only become the leading chit fund company in Karnataka but is also on a path to expand its influence across India.
“Kodachadri Chits has evolved from a modest beginning to a pioneer in the chit fund sector, offering customized schemes that cater to a diverse clientele. Our emphasis on technology and adherence to government policies and standards have been key to our success and recognition, including the recent ET Award,” stated Mr. Parashuram K N.
The company’s digital platform enables investors to easily manage their investments through an app, providing functionalities like payment processing, balance checks, e-auction participation, and receiving digital receipts and SMS notifications. Kodachadri Chits is also proud to be the first chit fund company in Karnataka to achieve ISO certification, reflecting its dedication to legal compliance and customer-centric operations. Mr. Parashuram K N further adds, “An investor can access various features by downloading the App, including making payments, checking their balance, participating in E-Auctions, and receiving digitalized receipts and SMS notifications for each transaction. Our chit fund subscribers can also conveniently access their investment details by logging into their E-Passbook. For those, who are unable to visit the branch in person due to work commitments, payments can be made through various methods such as UPI, NACH (ECS), and Payment through the App. Additionally, our chit subscribers can also take part in e-Auctions. The App is designed to be user-friendly and can be used by anyone with basic knowledge of Smartphone functionality.”
Employing over 1000 staff across various departments, Kodachadri Chits stands as the only chit fund company in India with such a vast workforce. This growth is a testament to the company’s commitment to ethical business practices and customer satisfaction.
Looking ahead, Kodachadri Chits aims to further expand its reach throughout India, continuing to serve its customers in various locations while planning to open new branches in more regions. The company has already garnered a large base of satisfied customers, thanks to its customer-focused schemes that support small businesses, individuals saving for various life goals, and offering borrowing options at competitive rates.
For more information about Kodachadri Chits and their services, please visit their website: https://mykcpl.com/.
About Kodachadri Chits
Kodachadri Chits, founded in 2006, is a leading ISO-certified Chit Fund Company based in India. Renowned for its commitment to transparency and customer satisfaction, the company has revolutionized the chit fund industry with its digital-friendly services. With a robust workforce of over 1000 employees, Kodachadri Chits operates more than 40 branches across Karnataka. Currently Kodachadri Chits serves its customers in Arsikere, Challakere, Channagiri, Channarayapatna, Chikkamagaluru, Chitradurga, Davanagere, Gubbi, Hassan, Hiriyur, Hosadurga, Hosanagara, JP Nagara, Kadur, Kengeri, Koppa, Kunigal, Mysuru, Mandya, Nelamangala, Rajajinagara, Ramamurthy Nagara, Ramanagara, Sagara, Shikaripura, Shivamogga, Siddapur, Sira, Sirsi, Soraba, T. Dasarahalli, Tarikere, Thirthahalli, Tiptur, Tumakuru, Yeshwanthpura, Yalahanka, Honnali, Ranebennuru, Challakere, Kolar and Hosakote.The company stands out as the first chit fund enterprise in Karnataka to receive ISO certification, underlining its adherence to stringent policies, legal compliance, and a customer-centric approach. Kodachadri Chits is dedicated to offering tailored financial solutions, helping a diverse range of customers from small businesses to individuals with their saving and borrowing needs. As a recipient of the prestigious ET Award for “Most Trusted and Digital Friendly Chit Fund Company,” Kodachadri Chits continues to expand its footprint across India, aiming to empower more people with its innovative financial services.
Media Contact
Organization: Kodachadri Chits
Contact Person: ARUN BANDODKAR
Website: https://mykcpl.com/
Email: info@mykcpl.com
City: New Delhi
Country: India
Release Id: 0801248691