there is no service charge/ processing fee. And you will get priority in other services of the
Banister Chitts Pvt. Ltd
Dhanasree, which was incorporated in 2000 with the object of financing gold loan, has grown today into
one of the most trusted financial services group in the area. We started chitty under the Kerala Government
Registration in August 2000.
As part of the business expansion we registered a company for the chit business
as Banister Chitts Pvt. Ltd on 25-05-2005 under the company act 1956. "Improve your financial security with
Banister " is what we have to say to our new Clients.
We comply with all statutory paper work and formalities, follow prudential norms and build goodwill in the
local community. As a rule, chit money is disbursed against presentation of Post Dated Cheques, proper personal
sureties and collaterals, as the situation warrants. It must be the duty of every potential subscriber to verify
that he is subscribing to a chit with a Chit Company that is properly registered and has a satisfactory track
A large number of Chit subscribers of Banister Chits Pvt. Ltd are Professionals, Traders, Businessmen and
others who do not have access to bank or other financial institutions due to rigidities in margin requirements,
security, surety etc. It is gratifying that Dhanasree could help many of such enterprises grow into prosperity
with timely "SUPPLY" of resources.
Strong Capital base
The company requires adequate capital investment to take care of all their infrastructural requirements and
to plug the shortfall of monthly subscriptions should some members delay their payments. Banister Chits Pvt. Ltd.
has been a profit making Company since the time of its inception and it had build up a strong capital base.
A well balanced subscriber base- At Dhanasree, we are fortunate to have a member base that has grown with us from
the yaer 2000. We initially started with small groups of Rs. 5,000/- wih Rs. 200/- monthly contribution. For the
efficient running of the Chit, the prerequisite is the presence of a group of members that are trustworthy.
A Complete Solution
Chit money may be utilized for an activity that a prudent subscriber considers relevant. The flexibility offered
by chit schemes is enormous. Memberships for small chits may be taken form time to time depending on convenience
and repayment capacity and then totaled up to purchase an asset or a product.