The Nagashiva Group is one of the top renowned chit fund company in southern and western india.
Company History
Founded in 1996 by Hon. Shri. Nagaraj Periyasamy Pillai, Nagasiva Chit Fund Company began as a small initiative with the support of a close group of members and small business owners. Built on the values of integrity, honesty, trust, and commitment, the company has grown into one of India’s trusted chit fund organizations, successfully serving members for over 31 years.
What started with a vision to provide accessible financial solutions has evolved into a reliable financial institution with members across India. Throughout its journey, the company has remained committed to helping individuals, families, entrepreneurs, and businesses achieve their financial goals through transparent and dependable financial services.
Today, Nagasiva Chit Fund Company continues to uphold the same principles on which it was founded—trust, responsibility, customer satisfaction, and ethical business practices.
About the Founder
Hon. Shri. Nagaraj Periyasamy Pillai is a respected entrepreneur, social worker, and visionary leader who founded Nagasiva Chit Fund Company with a mission to make financial services accessible to everyone.
For more than 31 years, he has led the organization with unwavering dedication, honesty, and transparency. His close relationship with members and stakeholders, combined with his commitment to ethical business practices, has earned the confidence and trust of thousands of customers across India.
He believes that a financial institution should be more than a place for financial transactions—it should be a trusted partner that supports people’s dreams, financial aspirations, and future security.
Our Members
Our members come from diverse backgrounds, including:
- Entrepreneurs and business owners
- Small and medium enterprises (SMEs)
- Government employees
- Private-sector professionals
- Self-employed individuals
- Families seeking reliable financial support
Whether expanding a business, meeting personal financial needs, or planning for the future, our members rely on Nagasiva Chit Fund Company for secure, transparent, and timely financial solutions.
Our Commitment
We understand that many individuals and small businesses face challenges in obtaining financial support through conventional banking institutions. Our mission is to bridge this gap by providing trustworthy financial services that are accessible, transparent, and member-focused.
Our commitment includes:
- Government-compliant documentation
- Quick financial assistance and loan facilities
- Financial schemes tailored to members’ needs
- Attractive annual returns ranging from 15% to 18%
- Transparent and ethical management
- Secure and reliable financial services
Awards & Recognition
Over the years, Nagasiva Chit Fund Company has received several prestigious recognitions for its commitment to excellence and customer trust. The company has been honored by organizations including the Book of World Records and has received appreciation from Union Ministers, Members of Parliament (MPs), Members of Legislative Assemblies (MLAs), and other distinguished personalities.
These achievements reflect our continued dedication to ethical business practices, financial excellence, and outstanding service.
Founder’s Message
“The greatest wealth in my life is not money or position—it is the trust our members have placed in us. Protecting that trust has always been my foremost responsibility.”
For over 31 years, I have dedicated myself to serving our members with honesty, integrity, and responsibility. Every decision we make is guided by our commitment to improving the financial well-being of our members and helping them build a secure future.
I sincerely thank all our members, friends, well-wishers, and the public for the confidence and support you have shown throughout our journey. Your trust inspires us to continue serving with excellence for generations to come.
Our Guiding Principle
“People’s Trust is Our Greatest Capital – People’s Growth is Our Ultimate Goal.”
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.
