On the 6th of February 1947, we made a
humble beginning.
Currently entering to 3rd generation even 4th generation. Financial
stability with Net Owned Funds exceeding 5 crores. We adopted a policy
to be prudent and selective in
admitting members. Even if it meant limited subscribers. And it has paid off. Because we
are conscious that our subscribers trust us to take care of their hard-earned money. And
this trust has grown and strengthened over the years. And today our subscribers have only
one way to describe us-SAFE.
Bid money is released only after total security has been ensured for the other
subscribers. In fact, we do not even expand imprudently in a business where inherant risks
are high.
A pioneer in Chit Funds, Balussery Chit Fund, managed by a Board of Directors , has
contributed in no small measure to the growth of the industry. That's BALUSSERY. Stable
and Prudent. |