Safe, Secure and Robust
At The Mayavaram Financial Chit Corporation Ltd. (MFC), we understand the trust that our customers have placed in us. We are dedicated to provide safe handling of funds, friendly staff, and on-time payments to households across Tamil Nadu. We take our customers’ trust seriously and will always work to maintain it.
Our top priority is always the safety of our customers. We design all of our processes with a customer-first approach, which means we offer complete transparency in how the chit group works and how funds are managed.
MFC Philosophy
Modest Services
We practice a very transparent process right from admission, auction, security and payments. Our trained professionals act as relationship managers between the customer and the company.
Financial Stability
It is imperative to gauge the financial stability of a company before accepting them as your financial partner. By choosing MFC you are dealing with a company, which has 75 years of heritage in delivering sustained growth and profit.
Customer First
We follow a very stringent process in scrutinizing our Customers during the admission process and adapt a foolproof system for security and payment. This is primarily to ensure safety of customer funds.
Our Scheme
what you’re looking for.
Silver
$ 24 / month- Starting @ Rs.5000/- per month
- Minimum Tenure - 20 months
- Maximum Tenure - 60 months
- Dual Advantage- Savings & Borrowing
- Regulated by the Chit Funds ACT 1982
- * T&C Apply
Gold
$ 49 / month- Starting @ Rs.10000/- per month
- Minimum Tenure - 20 months
- Maximum Tenure - 60 months
- Dual Advantage- Savings & Borrowing
- Regulated by the Chit Funds ACT 1982
- * T&C Apply
Diamond
$ 79 / month- Starting @ Rs.15000/- per month
- Minimum Tenure - 20 months
- Maximum Tenure - 60 months
- Dual Advantage- Savings & Borrowing
- Regulated by the Chit Funds ACT 1982
- * T&C Apply
Platinum
$ 99 / month- Starting @ Rs.25000/- per month
- Minimum Tenure - 20 months
- Maximum Tenure - 60 months
- Dual Advantage- Savings & Borrowing
- Regulated by the Chit Funds ACT 1982
- * T&C Apply
Why Choose Us
Personalized Attention
In order to meet the specfic needs of our customers, we work directly with them and do not use any intermediaries
High-Quality Service
All our process are designed and reviewed periodically to ensure, we provide the best in class solutions, support and experience for every customer
Highly-Trained Professionals
Our highly-trained and experienced team specialise in finacial planning and are experts in customising solutions to meet your needs.
Centralized Auction
Chit auctions are conducted in our central office at Mayiladuturai, though we have branches across the state, in order to preserve the confidentiality of the bid. Physical presence is not a mandate
On-Time payments
Trusted by the customers for our excellent track record of on-time payments
Unparalleled Transparency
We are considered as the leader in the chit fund industry for our transparent and robust operations.
Why Choose Us
Personalized Attention
MFC offers On-Time Payments to prized subscribers by understanding their needs and having the lowest payment default rate in the industry.
High-Quality Service
In order to maintain the highest level of service for our customers, we work directly with them and do not use any intermediaries.
Highly-Trained Professionals
We assure our customers that our company has a very reasonable price, we keeping customer satisfaction is our criteria.
Participation in Centralized Auction
MFC is a decentralized mutual fund platform that allows users to diversify their portfolios by investing in different fund categories.
On-Time payments
Trusted by the customers for our excellent track record of on-time payments.
Unparalleled Transparency
We are considered as the leader in the chit fund industry for our transparent and robust operations.
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