0 Years of Trust-Driven Savings for Smart Families

MPV Chits helps families, professionals, and businesses build disciplined savings with fully regulated chit solutions, transparent processes, and secure fund management.

Government Registered

Government Registered

Chit Fund

Govt. Compliant

Govt.

Fully Compliant

Active Members

0

Active Members

Experience

0 Years Legacy

Experience

No hidden charges. Safe, secure, community-based savings
Financial growth and family trust

Built on Values. Focused on People

Who We Are

Who We Are

At MPV Chits, we believe financial confidence should be accessible to every family—not just people with high income or banking credit.

Trusted, transparent savings

What We Do

What We Do

We help individuals meet life goals—education, marriage, home renovation, business growth—through disciplined chit savings and reliable access to funds.

Plan. Save. Access Funds.

Who We Serve

Who We Serve

Salaried professionals, business owners, self-employed individuals, and families who value transparent and safe financial planning.

Families & Entrepreneurs.

Serving Thousands of Members Across Tamil Nadu Since 1970

1970
1970

Started by Mrs. M. P. Vasanthamani at home

1990
1990

Expanded to serve neighbourhoods by trust referrals

2019
2019

Converted to Private Limited (3rd Generation takes charge)

2025
2025

Digital-first chit fund transformation

Where It All Began

From a home-based chit group in 1970 to a government-approved company serving 5,000+ members today.

MPV Chits began in 1970 when our founder, Mrs. M.P. Vasanthamani, started a small chit group from her home. With just a notebook, trust of neighbours, and discipline, she helped families save, borrow, and grow together. What began as a community support initiative is today a fully registered chit fund company serving 5,000+ members.

Founder Values → Link to Current Values

Our current values (trust, transparency, compliance, digital future) should be connected to her original principles.

“My responsibility is not money — it is the people who trust me.”

— M. P. Vasanthamani

These values still run MPV today — three generations later.

Founder M. P. Vasanthamani

Founder (1970) M. P. Vasanthamani

The Woman Behind the Legacy

Hear directly from our founder on why trust mattered more than profit.

Her legacy still guides every chit we run

Karthick - Managing Director

Human face of the Brand' with The Next Generation Leading the Vision Forward

"At MPV Chits, we believe in building lasting relationships based on trust, transparency, and ethical practices. Our commitment to your financial growth drives everything we do."

Karthick

Managing Director

Having grown up watching chit funds support his own family's goals, Karthick is driven to modernize the trusted system for today's generation.

12+ years in chit operations, compliance & customer service

Led digital adoption & product innovation

Oversaw app launch and process automation

"We don't just manage money — we safeguard trust."

Meet the Vision Behind MPV Chits

Founder & Managing Director Interview on Trust & Transparency

Background

Life is easier when you plan with MPV Chits

Trusted By 5,000+ Families. Serving Coimbatore With 55+ Years Of Proven Chit Trust.

The History

55+ years of discipline-driven service, rooted in community trust and fair practice.

three generations. Built on the foundation of integrity, community trust.

Our Values

Transparency first — every chit, every payment, and every settlement is 100% clear.

Every transaction is documented, explained, and accessible to members.

Competitive Advantage

Digital tools + human care = zero confusion, smooth payouts, and real-time clarity.

Customer-first approach ensuring seamless experience from enrollment to maturity.

Our Certification

Our registrations and certifications ensure your money is handled within a fully regulated and audited framework.

Government Verified

Government Verified

Click to view
Certificate of Incorporation

Certificate of Incorporation

Click to view
Certificate of ROC-MCA

Certificate of ROC-MCA

Click to view
Certificate of GST

Certificate of GST

Click to view

How MPV Chit Works

A simple, transparent process designed for your financial success

1
Join a Chit Group

Join a Chit Group

Simple digital onboarding with verified plans

Registration: 15 minutes

2
Pay Monthly Installments

Pay Monthly Installments

Flexible, transparent monthly contributions

Automated payments

3
Fixed Bid

Fixed Bid

Claim your chit when required — no auction hassles or waiting.

Instant Settlement

4
Complete & Earn Savings

Complete & Earn Savings

Secure closure with disciplined long-term savings

Transparent Closure

Disciplined savings, flexible access to funds, and assured financial closure.

Why Choose MPV Chits?

Government Registered

under Chit Funds Act

0 Years of Proven

Track Record

0 Trusted

Members

Digital & App-Enabled

Convenience

Secure, Transparent

Processes

Our Values & Competitive Advantage

Backed by 55+ years of trust and government compliance.

What makes MPV Chits the trusted choice for smart investors

Trust & Transparency

Trust & Transparency

Clear processes, no hidden terms. Every transaction is transparent and documented.

No Hidden Surprises

Secure & Compliant

Secure & Compliant

Fully regulated and legally compliant operations with bank-grade security.

Complete Peace of Mind

Customer-First Approach

Customer-First Approach

Human support and guidance at every step of your financial journey.

Human Support, Not Bots

Digital Convenience

Digital Convenience

App-based tracking, payments, and updates. Manage everything from your phone.

Hassle-Free Experience

Regulatory & Compliance

Your financial security is our top priority, backed by full regulatory compliance

Legally Registered Under Chit Funds Act

Registered as per Chit Funds Act, Government of India

Regularly Audited & Verified

Accounts audited periodically as per statutory norms

ROC & GST Certified Company

Registered with Registrar of Companies & GST authorities

Bank-Grade Secure Financial Handling

Secure handling of member payments & records

Secure Operational Processes
Bank-Grade Safety Standards
Regulatory-Aligned Practices

Operating with full regulatory compliance for over 5 decades, MPV Chits follows disciplined processes designed to protect member interests.

Experience the
Future of Chit Funds

Seamlessly manage your investments, track returns, and participate in auctions with our award-winning mobile application.

  • Monthly Contribution Tracker
  • Due Alerts & Notifications
  • Digital Receipts & Statements
  • In-app Support
  • 100% secure. Bank-grade encryption
Download on Google Play
MPV Chits App Mockup
Google

"Using the app helped me avoid missing payments — MPV makes chit so easy!""

Real MPV Member

Trusted by Thousands of Members

We believe trust is built through transparency, compliance, and consistent service.

Google
0

Based on 0+ verified reviews

Justdial
Trust
0

Reviews verified by members

Registered under Chit Funds Act
Government Approved Chit Fund
Audited & Compliant

Trusted by families, professionals, and small businesses across Coimbatore and beyond.

MPV makes chit so simple!

Hari, Coimbatore

Payout was instantly processed

Priya, Peelamedu

Very transparent system

Suresh, Pollachi

Best for long term savings

Meena, Saravanampatti

Highly recommended for business owners

Karthik, Gandhipuram

Trusted for over 50 years

Ramesh, Tirupur

Simplified my financial goals

Anitha, Singanallur

Excellent customer service

Vijay, Ganapathy

MPV makes chit so simple!

Hari, Coimbatore

Payout was instantly processed

Priya, Peelamedu

Very transparent system

Suresh, Pollachi

Best for long term savings

Meena, Saravanampatti

Highly recommended for business owners

Karthik, Gandhipuram

Trusted for over 50 years

Ramesh, Tirupur

Simplified my financial goals

Anitha, Singanallur

Excellent customer service

Vijay, Ganapathy

MPV makes chit so simple!

Hari, Coimbatore

Payout was instantly processed

Priya, Peelamedu

Very transparent system

Suresh, Pollachi

Best for long term savings

Meena, Saravanampatti

Highly recommended for business owners

Karthik, Gandhipuram

Trusted for over 50 years

Ramesh, Tirupur

Simplified my financial goals

Anitha, Singanallur

Excellent customer service

Vijay, Ganapathy

Who We Serve

Serving 5,000+ families across Coimbatore and beyond

Salaried Professionals

Salaried Professionals

Plan for emergencies and future goals

Self-Employed Individuals

Self-Employed Individuals

Flexible funds when cash flow fluctuates

Small Business Owners

Small Business Owners

Easy access to working capital

Homemakers

Homemakers

Save and borrow without depending on banks

Retired Individuals

Retired Individuals

Preserve savings with zero risk

Our chit plans are designed to fit real-life financial needs — not generic investment promises.

See which chit suits you

Our Mission & Vision

Why it matters: Mission guides today. Vision shapes tomorrow.

Our Mission

To empower families with disciplined savings and fair access to funds through transparent, regulated chit solutions.

Saving families, growing futures.

Our Vision

To be South India's most trusted digital-first chit fund — where transparency meets human relationships.

Trust + Technology + Transparency.

Why Chit Funds Make Sense

Loan

Stressful Borrowing

  • High interest burden
  • Monthly EMI pressure
  • Long-term repayment stress
  • Debt trap risk
  • Credit score required
  • Missed EMI → penalties

Recurring Deposit

Slow Growth

  • Slow growth over time
  • Limited returns
  • No early access to full amount
  • Returns barely beat inflation
  • Fixed, rigid commitment
  • Interest paid only at end of term

Fixed Deposit

Locked Funds

  • Money locked for long duration
  • Penalty on early withdrawal
  • Limited flexibility
  • Tax deducted on interest
  • Break FD = lower interest + charges
  • Not helpful for immediate fund needs
Best Choice

MPV Chit

Save smart. Access smarter.

  • Flexible monthly savings
  • Track every month digitally
  • Perfect for short & long-term goals
  • Regulated, audited and secure
  • Better liquidity + saving discipline
  • Get money when you decide
Family saving

Mobile No

+91 99765 33345

Email ID

info@mpvchitfunds.com

Couple saving
Frequently Asked Questions

Best Way To Invest In A Chit Fund

Your Trust Matters to Us

We don't promise returns. We deliver transparency, discipline, and timely settlements — month after month.

Trust Matters Piggy Bank

“MPV Chits is not built on schemes. It is built ontrust — passed down since 1970.”