DCPL started its chit fund business in the year 2006 and till now its auction turnover crosses more than Ten crores annually with different group of chits like Rs. 25,000, 30,000, 50,000, 1,00,000, 1,50,000, 2,00,000, 6,00,000, 9,00,000, 10,00,000, 12,00,000 & 25,00,000 and further we are plan to go higher value chit group. So being in existence for more than 17 years, DCPL has a reputation in the market for stability, reliability and integrity. Trustworthiness, transparency in operation, past proven performance and familiarity are important pre-requisites of a chit fund operator.
The company has created chit fund groups as per requirement of the poor, middle class and higher income groups and has provided financial assistance to them for various needs such as education of their children, marriage, house purchase / construction / renovation, etc. Several thousand members are co-operating with us and we are providing this facility according to their needs.
For the purpose of customer security bank fixed deposit receipts of Rs. 1,01,10,000/- as on 20-10-2023 (this will vary from time to time based on the turnover) are being offered to Mysore Register of Chit Security in compliance with Section 20 of the Chit Fund Act, 1982.
In 17 years of DCPL activity company had its own office for the chit fund business. This also increases the confidence of the customer.
DCPL has all these credentials. Chit operations are conducted strictly in accordance with Chit Fund Act, 1982 and Chit Fund (Karnataka) Rules, 1983.
