Question 1

Is CHITTY a loan app?

Accepted Answer

No. CHITTY is not a loan, not a salary advance, and not a BNPL product. It is a structured savings system based on the traditional chit fund model, delivered digitally.

Question 2

Who can join CHITTY?

Accepted Answer

CHITTY is open to everyone looking for a disciplined way to save and borrow. Whether you are a salaried professional, a freelancer, or a business owner, you can join.

Question 3

Do I need a credit score or CIBIL history?

Accepted Answer

No. CHITTY does not require a credit score, bank loan history, or income proof like traditional lenders.

Question 4

How much do I need to contribute?

Accepted Answer

You join a chit group with a fixed periodic contribution (monthly / weekly, depending on the plan). Plans are designed to be affordable and predictable.

Question 5

When do I get the lump sum?

Accepted Answer

Lump-sum payouts are received as per a predefined schedule, or through a transparent bidding mechanism (depending on the group). All rules are clearly shown before you join.

Question 6

What can I use the money for?

Accepted Answer

Anything you need: medical expenses, family needs, education, festival costs, or business investments. There are no usage restrictions.

Question 7

Is my money safe?

Accepted Answer

CHITTY is built with digital records of every contribution and payout, clear group rules & disclosures, and end-to-end transparency under the Chit Fund Act, 1982.

Frequently Asked Questions

SAVING SHOULD BE SIMPLE.
ACCESSING IT SHOULD BE FAIR.

Frequently Asked Questions

SAVING SHOULD BE SIMPLE.ACCESSING IT SHOULD BE FAIR.

SAVING SHOULD BE SIMPLE.
ACCESSING IT SHOULD BE FAIR.