Documents required for Chit Fund Company registration

Documents required for Chit Fund Company registration

Presentation 

Chit Fund Company is one of the popular sorts of fund organization which obviously don't have sound foundation. Previously, individuals have utilized the Chit Fund Company to dupe crore of the rupees and thus government has chosen to control the entire business of Chit Fund. 

Presently, no individual in India can begin a Chit finance business until and unless he is enlisted with Chit recorder. Each city or region has a chit enlistment center where you have to go and apply for chit subsidize enrollment. Nonetheless, before you go there, you should enroll a Chit Fund Company in India under Companies Act and afterward enlist apply for permit with Chit Registrar. 

Further, one of the essential things to join a chit finance organization is the required records. On the off chance that the archives for chit support organization enlistment are not masterminded appropriately then you won't have the capacity to get the organization enrolled. 

Here is the rundown of archives required for chit subsidize organization enrollment. 

Individual reports of executive 

Skillet Card 

ID confirmation (Voter ID card, Aadhar card, Driving permit, visa) – anybody 

Address confirmation (Bank explanation, power charge, versatile bill, phone charge) 

International ID measure photograph 

Enlisted office docs 

Power charge 

Lease assention (on the off chance that the premises are on lease) 

No protest authentication (NOC) 

Further, aside from this, here are sure focuses which might be helpful for chit finance organization enlistment: 

Once the organization is fused, you have to apply for neighborhood permit for chit subsidize business before beginning the business in India. 

Least 2 people are required to begin a business in India. 

Least capital of one lakh is required to begin a chit support organization.


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