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PanasunaChits (P) Ltd. · Est. 1975

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Chinna Kadai St

Panasuna Chits

419/151-A, Chinna Kadai Street
Salem – 636 001
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1975

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Head office

419/151-A
Chinna Kadai Street
Salem – 636 001, Tamil Nadu

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    9842360611

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Disclosures

  1. 1Panasuna Chits (P) Ltd. conducts chits under the Chit Funds Act, 1982. Read your chit agreement before you sign it.
  2. 2We make a security deposit equal to 100% of the chit value in a Scheduled Bank as an FDR.
  3. 3A chit subscription is not a bank deposit and is not covered by deposit insurance.
  4. 4Dividends depend on each month's auction. They vary and are not guaranteed.
  5. 5Calculator, simulator and example figures are illustrative. They assume a 5% foreman's commission; your chit agreement states the actual rate, within the statutory limit.
  6. 6Bank and card rates shown in comparisons are indicative and change often.
  7. 7We use your number only to call you about this enquiry.