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The Official Website for

Registration and Management of Chits.

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Welcome to CORAL - A Complete Solution for Chit Fund Management!

Chit Fund is a savings scheme practised as per the rules set by Government.

  • Chit means a transaction whether called chit, chit fund, chitty, kuree or by any other name under which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money (or a certain quantity of grain instead) by way of periodical installments over a definite period and that each such subscriber shall, in his turn, as determined by lot or by auction or by tender or in such other manner as may be specified in the chit agreement, be entitled to the prize amount