About Us
Trusted by families and businesses across Tamil Nadu
Yannaikal VM Chits Private Limited blends traditional community-based finance with modern transparency, helping members save with discipline and access lump sums when they need them.
Company Overview
Company Overview & Financials
A snapshot of who we are, how we are governed, and the chit framework we offer.
Corporate Status
Yannaikal VM Chits Private Limited is an active private company registered with the Registrar of Companies (RoC-Madurai).
Management
Led by Managing Director A. VELMURUGAN, who also serves as Vice President of the Tamil Nadu Chit Fund Association and President of the Madurai Ramanathapuram Chit Fund Association.
Monthly Instalment Framework
The company offers monthly instalment-based chit schemes designed for disciplined savings and flexible financial planning.
Instalment Range
Monthly instalment plans range from ₹5,000 to ₹2,00,000 to suit different financial capacities.
Scheme Tenure
Scheme tenures span 25 months to 40 months, helping customers choose plans based on their goals and monthly budget.
Disciplined Savings
Structured monthly contributions help members build disciplined savings while retaining access to a lump-sum prize amount.
Need help choosing the right chit plan?
Speak with our team and understand the best scheme based on your monthly budget and financial timeline.
Our Mission
To make chit schemes simple, transparent, and accessible to every household and small business in Tamil Nadu.
Our Vision
To be the most trusted next-generation chit fund company that combines technology with relationship-based service.
Our Values
Transparency, discipline, local trust, and member-first decisions guide everything we do.
Years of Trust
Members Served
Active Chit Groups
Members Satisfied & Join Next Chit Plans
Our Journey
Company Timeline & Milestones
2017
Company Founded
Yannaikal VM Chits Private Limited was established with a focus on transparent, community-based finance.
2022
Entire Digital Onboarding Introduced
Members can now join, complete KYC, and manage their chit accounts digitally end-to-end.
2023
Modern Platform Adopted
All payments are now collected 100% digitally for full transparency and member convenience.
Leadership
Meet Our Directors
The people guiding Yannaikal VM Chits with experience, local roots, and member-first values.
Director
Company Director
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Director
Company Director
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Trust & compliance
All chit schemes operate under the registered chit agreement and applicable regulations. Documentation, records, and member rights are maintained with strict care.
- Registered chit agreement
- Proper member records
- Transparent auctions
- Clear dispute process
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