The Nagashiva Group is one of the top renowned chit fund company in southern and western india.
Company History
The company has been successfully running several chit groups for more than 25 years. It is based in Pune, Maharashtra, India. It was founded by Mr. Nagaraju Periyasamy Pillay along with a small group of members in 1996. The integrity, loyalty, honesty, dedication, and determination to succeed are characteristics of the company even today.
Our founder has a very confident and close association with all customers/members and all stakeholders of the company. This close relationship and his deep involvement in the business are the main keys to success in today’s business environment.
About The Founder
Our founder and chairman is one of the well-known businessmen and social workers in Pune. He has dedicated his life to this business and has been an example of honesty and loyalty. Therefore, he has gained customers’ confidence and has successfully managed his business in today’s competitive world. His discipline and commitment towards customers are among the secrets of his success.
Founder Chairman – Hon. Shri. Nagaraju Periasamy Pillay
‣ It is a great pleasure to interact with all of you, and it is truly a nice opportunity to share my views with you. I am always working to do something for society, as it is a prominent way to fulfill social obligations. This motivates me to contribute to the betterment of society through social activities.
‣ The members of our fraternity come from all walks of life. They are from large-scale businesses as well as small and medium enterprises. These are people who have stable businesses but want to expand without seeking help from formal banking, as well as small and medium-scale businessmen who want to merge savings and money lending together.
‣ There are members who work in government and public sectors and are in need of money to fulfill their small needs, as well as young employees of the private sector who want to quickly acquire small luxuries.
‣ Most attracted are those who manage to mobilize resources to develop their enterprises and their dwellings slowly over time. Financial services could enable these groups to leverage their initiative, accelerating the process of building incomes, assets, and economic security.
‣ However, conventional financial institutions seldom lend down-market to serve the needs of low- and middle-income families. They are very often denied access to credit for any purpose, making the discussion of the level of interest rates and other terms of finance irrelevant. Therefore, the fundamental problem is not so much unaffordable loan terms as the lack of access to credit itself.
Whether you are planning for education, business needs, family expenses, or long-term savings, our team guides you at every step—from choosing the right chit group to timely payouts and complete account visibility—so you can invest with confidence and clarity.
My experience with Nagashiva Chit Fund has been very positive. The process is transparent, updates are clear, and the payout was timely when I needed funds. I feel confident continuing my investment with them.
