Golden Wedding Chits

The wedding day of your child is one of the most heart-warming moments all parents wait for. A major milestone ahead in the journey of their life, we hold their Wedding Day very close to our heart. Adhering to satisfying your golden requirements for that Special Day, Sheeba Kuries introduces "Golden Wedding Chits ". Revive the amount in full along with a gram of gold for every lakh invested-50 lakhs invested will provide you with a return of 50g of gold at the end of the period! For the visionary parents who dream to plan the wedding of a lifetime for your lovable kid, The Golden Wedding Chits is the apt investment to go ahead on.

My Home Chits

Stability, in life, in family and in income are some of the things we wish for always. The first step in this stability comes from the satisfaction of owning a home of our own-one we call our Dream Home. Fulfilling the dreams of our patrons, Sheeba Kuries brings to you "My Home Chits " to help you overcome your wishes of owning the home/property you have always craved for. So while you decide what furniture to select for the Living Room and what shades of yellow the Bedroom should enjoy, let us play host to being the reason for getting you closer to that Home of yours.

Business Scale-up Chits

Starting a business on your own is a huge step indeed. And once it has taken up pace and is on the roll, scaling up and expansion are the major steps businessmen look forward to in the path of glory ahead. Analyzing the fact that many businesses do not scale up, even though they host immense potential, due to scarcity of capital, Sheeba Kuries has introduced "Business Scale-up Chits " targeted at the SME Sector to help them meet their expansion plans. Via these Chits, Businessmen can opt for a vision-oriented step, keeping in focus the future expansion plans of the company, and thus make the capital ready when the time is right. So gear up, the world is yours to conquer!

Dream On Wheel Chits

When the Audi rolls by and the Merc speeds across, many of us can't help but bat an eyelid with a twinkle, at the beauty we see. For the common man, dreams take many forms. And most of them, come in the shape of zeal on wheels-the dream vehicle. In this age, when dreams hold no bounds to be left unfulfilled, Sheeba Kuries provides you with "Dream on Wheels Chits " to help you race for the automobile you have been waiting to drive away. With monthly chits to suit the likes of your pocket, we help you speed your dream into top gear.

Golden Jubilee Year Event

50 years logo unveiling ceremony

WHY SHEEBA KURIES

The first ISO 9001:2008 Certified Chit Fund Company in the country, Sheeba Kuries Ltd has a humble history that dates way back to 1966...

ABOUT US

The first ISO 9001:2008 Certified Chit Fund Company in the country, Sheeba Kuries Ltd has a humble history that dates way back to 1966 when it was started with a single chit group of gross value of Rs 500/-. Based out of Pune with a vast national and international customer base, and often accounted as the number one Chit Fund Company in the country, Sheeba Kuries today boasts of an active customer base of over 30,000.
Since 1972, when our present Managing Director, Mr. M.D Sreenivasan took over the helm of affairs, the company has jumped leaps and bounds with many a distinction to its name. Along with being one of the oldest Chit Funds Company in the country, it also holds the distinction of the first one to integrate technology with its services such as fully automated transaction control, video conferencing for auctions/draws and MPLS for data transfer links with the Head Office and other Branch Offices.
The pioneer in its Industry, Sheeba Kuries has been the premier Chit Fund Company in Maharashtra for the past 5 decades. With a diverse range of services that include daily, weekly & monthly Chits ranging upto Rs One Crore in value, Sheeba Kuries has always kept its heart open to understanding the needs of the customer.
Apart from its offices in Maharashtra, we have 3 Collection Centers in Kerala, namely at - Kochi, Kottayam and Kottarakara.

VISION

To attain a turnover of Rs 1000 Crores in the next 5 years, catering to our patrons with a culture of professionalism, trust and responsibility, by providing them transparent services via integration of technological advancements.

MISSION

To grow our brand as one with Social Commitment with focus on customer-centric offers and regulate effective control of our financial services through limited branches, thus holding fast to the core ethics of the people we serve.

FUTURE PLANS

The group is also diversifying into Ayurveda Hospitality Sector, under the brand name of Kailasdham and with parallel focus on high-end gymnasiums, under the brand name of FirstFitt.

THE GOLDEN JUBILEE YEAR!

It's been 50 years of unbreakable trust, mighty confidence and proficient professionalism, which Sheeba Kuries continues to enjoy today. Striving on the value adorned onto us by our lovable patrons and customers, we go forth on the path of indisputable legacy.
Magnificent events, Bumper Prizes, Mega Offers and Attractive Incentives await each customer, for enrollment into our Golden Jubilee Chit Schemes. Yearlong celebrations, from 15 August 2015 to 15 August 2016.

Our Professional Management

Mr. K.K. Divakaran who founded the chit fund Company, now functioning in the name and style of SHEEBA Kuries Ltd,
the flag ship Company of SHEEBA Group, in the year 1966. After completing graduation from Pune's Ness Wadia
College of Arts and Commerce in the year 1972, Mr. Sreenivasan joined the Company, full time.

Mr. M.D. SREENIVASAN

Chairman & Managing Director

Mrs. SEEMA SREENIVASAN

Director

Mr. VARUN SREENIVASAN

Executive Director

SHEEBA KURIES Ltd.

An ISO 9001-2008 Company

Our Chits Schemes

Transperency in chit operations. Chit is a financial product which blends the advantages of both investment and borrowing.
Sheeba Kuries Ltd. An ISO 9001-2008 Company.

GOLDEN WEDDING CHITS

The wedding day of your child is one of the most heart-warming moments all parents wait for. A major milestone ahead in the journey of their life, we hold their Wedding Day very close to our heart. Adhering to satisfying your golden requirements for that Special Day, Sheeba Kuries introduces "Golden Wedding Chits". Revive the amount in full along with a gram of gold for every lakh invested 50 lakhs invested will provide you with a return of 50g of gold at the end of the period!. For the visionary parents who dream to plan the wedding of a lifetime for your lovable kid, This Chits is the apt investment to go ahead on.

MY HOME CHITS

Stability, in life, in family and in income are some of the things we wish for always. The first step in this stability comes from the satisfaction of owning a home of our own-one we call our Dream Home. Fulfilling the dreams of our patrons, Sheeba Kuries brings to you "My Home Chits" to help you overcome your wishes of owning the hom,/property you have always craved for.
So while you decide what furniture to select for the Living Room and what shades of yellow the Bedroom should enjoy, let us play host to being the reason for getting you closer to that Home of yours.

DREAM ON WHEELS CHITS

When the Audi rolls by and the Merc speeds across, many of us can not help but bat an eyelid with a twinkle, at the beauty we see.
For the common man, dreams take many forms. And most of them, come in the shape of zeal on wheels the dream vehicle.
In this age, when dreams hold no bounds to be left unfulfilled, Sheeba Kuries provides you with "Dream on Wheels Chits" to help you race for the automobile you have been waiting to drive away.
With monthly chits to suit the likes of your pocket, sheeba kuries help you speed your dream into top gear.

HIGHER EDUCATION PLUS CHITS

Every Indian parent wishes the education of the highest standard for their kids-right from the days of the Gurukulam, to the present day Harvards and Oxfords across the globe. We believe that the student should focus purely on bettering their skills and realizing the true power of their potential, without letting the financial barrier road block their dreams for higher studies.
Sheeba Kuries "Higher Education Plus Chits" provides the perfect platform to mark a long term investment that would help meet the financial needs of your kid’s education. Let your child dream a world beyond the shackles, where imagination roams free.

BUSINESS SCALE-UP CHITS

Starting a business on your own is a huge step indeed. And once it has taken up pace and is on the roll, scaling up and expansion are the major steps businessmen look forward to in the path of glory ahead. Analyzing the fact that many businesses do not scale up, even though they host immense potential, due to scarcity of capital, Sheeba Kuries has introduced "Business Scale-up Chits" targeted at the SME Sector to help them meet their expansion plans. Via these Chits, Businessmen can opt for a vision-oriented step, keeping in focus the future expansion plans of the company, and thus make the capital ready when the time is right. So gear up, the world is yours to conquer!

NRI INVESTMENT CHITS

We have always been at the helm of making sure that dreams are made true for everyone. Be it in terms of higher education, riding your dream car, owning your own home or expanding your business. Taking that extra step ahead to also cater to the needs of our fellow Indians who work hard in the sun and snows of faraway lands, we introduce "NRI Investment Chits". With special facilities to pay your kuries from abroad and maintain an investment back home, the NRI Investment Chits focuses on helping you start off with an investment while you are abroad, so that when you come back home you have your money doing the work for you.

SHEEBA KURIES Chit Schemes

SHEEBA KURIES LTD, the flag ship Company of SHEEBA Group is based at Pune with a vast national and international customer base and is maintaining top position among all the Chit Fund Companies operating in Maharasthra in terms of volume of business and quality of service for the past four and half decades. It has always been our consistent effort to enhance the quality of service and ensure a positive experience for our customers, patrons,associates and employees as well.

We sincerely believe that to embark on a journey of success one needs the tools of preparedness, foresight and strategy which only can lead one to the path of growth and success. We have applied these in our operations without compromise and perhaps, this is the sole element of our success. Today our active customer base is over 30000.

Golden
Wedding
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My
Home
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On
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Education
Plus
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Business
ScaleUp
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NRI
Investment
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Know More About Chits

CHITS provides a good source of finance for different type of people viz., small investors, businessmen, small scale industrialists etc.
CHITS is a good means of savings for any contingency requiring substantial amount.

Befefits of Chits

CHITS is a good means of savings for any contingency requiring substantial amount. It serves all persons whether they desire for savings or borrowing to meet extraordinary expenses on special occasions like Marriages, Construction of houses etc., Adequate care is necessary to choose a suitable Group. The selection of a particular Group, largely depends on the subscriber's capacity to provide surplus funds month after month from his normal income for this purpose. This aspect is very important for the subscriber as well as the company's point of view to avoid any embarrassment at the time of releasing the prize money or in releasing chit instalments month after month.

FAQ Answers

Chit is a Contract between the foreman, as the Promoter is called, and the subscribers, who join voluntarily. It is a Financial system under which the periodical and regular savings of a group of subscribers are made available to each subscriber, a Specified amount every month (instalment) for a specified period. The Pooled funds every month are offered to the subscribers at monthly AUCTIONS and the subscriber who BIDS for the highest discount is declared the PRIZE WINNER and given the prize amount on proper security. A Prized subscriber also should continue to pay the subscriptions till the termination of the chit. The amount foregone as discount, less foreman?s commission is distributed among the subscribers as dividend.
A Chit group refers to a specified number of members agreeing to subscribe a specified amount for a specified period. For example, 40 members, 40 months, Rs.500/- a month. The number of members and the number of months are to be the same.
Any person under the Act responsible for the conduct of the chit and includes any Person, such as branch manager, discharging his functions.
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Our Sister Concerns

Sheeba group is also diversifying into Ayurveda Hospitality Sector, under the brand name of Kailasdham
and with parallel focus on high-end gymnasiums, under the brand name of FirstFitt.

Benefits of Sheeba Chit Funds

Sheeba Kuries Chit Fund is an attractive Investment Option which caters to people from all walks of life. It is specially beneficial to the Salaried Class, Professionals, Businessmen and Self Employed. The uniqueness of Chit Fund as a method of Financial Planning stems from the fact that, it is both a tool for saving and borrowing.
In other words, it serves the dual purpose of being an investment for your savings and in times of need the Subscriber can bid for the Prize Amount in order to meet any unexpected expenditure.
The benefits of Investing in Chit Fund are numerous.

Learn more

Chit Fund Definitions

Chits are good means of savings for any contingency requiring substantial amount. Chits provide a good source of finance for different types of people like Businessmen, Industrialist, small investors etc. They also play a major role in the development of the economy. The rate of return is very high compared to other Investment Options and it is also secure form of Investment. Your Monthly payments will be the Chit Subscription Amount minus the Dividend. The details of the Dividend entitled for Deduction and the Balance Amount payable shall be informed every month.

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Contact Us

SHEEBA CORPORATE HOUSE, 41-A, Bhau Patil Road, Bopodi, Pune - 411020, Tel : +91 20 2581 3813 / 2582 1732 / 2582 1733, Mob : 85549 83262 / 85549 83266.

COLLECTION CENTERS: PUNE CITY - 304, Godrej Avanti, 7 Loves Chowk, Shankarsheth Road, Pune 411042, Tel : 020 2643 6066 / 6067.
PCMC Hashi Kushi, Opp. Pradhikaran Office, Nigdi Chowk, Pune - 411044, Tel : 020-2764 2022 / 2023.

KOCHI - Arackal Building, Edapally, Kochi, Kerala - 682024, Tel : +91 484 2535606 / 607, Mob: 9846035981.
KOTTAYAM - S.N. Square, Star Junction, Kottayam, Kerala - 686 001, Tel : +91 481-2300099, Mob : 9447366841.
KOTTARAKARA - Resort Building, Andoor (P.O), Valakom, Kerala - 691532, Tel : +91 474 2470415 / 2472990, Mob : +91 97440 12302.