₹5 Lakh
24 months
Months 1–2, per month₹21,400
From month 3: depends on the bid
How it works
How a Sainand Bhisi works
A fixed group of members pays into a shared pool every month. Each month one member takes the pool, decided by open bidding (Boli) among those who need it.
01
No loan, no interest
The money comes from your own group’s savings, not from a lender.
02
Money when you need it
Need funds this month? Bid for the pool. The member who accepts the lowest amount takes it.
03
Pay less when bids are low
A lower bid means a smaller instalment for every member that month.
04
Everything on record
Every bid, payment and payout is recorded, with a statement every month.
The monthly amount, explained
1
Your monthly share is the plan amount divided equally across the group. A 7% commission on that share is added every month.
2
Months 1 and 2 are fixed: every member pays the full share plus commission.
3
From month 3, it depends on the bid. The member who takes the Bhisi that month decides the amount. Every member then pays that amount ÷ the group, plus the same commission.
4
Members who take later, when fewer people are bidding, usually receive closer to the full plan amount.
Example: ₹25 Lakh Bhisi · 24 months
| Monthly share (₹25,00,000 ÷ 25) | ₹1,00,000 |
| Commission (7% of share) | ₹7,000 |
| Months 1 & 2 — each member pays | ₹1,07,000 |
| Month 3 — Bhisi taken at | ₹17,50,000 |
| Share (₹17,50,000 ÷ 25) | ₹70,000 |
| Month 3 — each member pays | ₹77,000 |
Example only. Actual amounts depend on each month’s bidding — please confirm with our team.
1
Choose a plan
Pick the Bhisi size that matches your monthly budget.
2
Join a group
You are placed in a fixed group for the full cycle.
3
Pay monthly
Pay your instalment; bid in any month you need the pool.
4
Take the Bhisi
Every member takes the pool once during the cycle.
Plans
Choose a plan that fits your goal
6 plan sizes from ₹5 Lakh to ₹1 Crore. All amounts are estimates — please confirm with our team.
₹10 Lakh
24 months
Months 1–2, per month₹42,800
From month 3: depends on the bid
₹15 Lakh
24 months
Months 1–2, per month₹64,200
From month 3: depends on the bid
Popular
₹25 Lakh
24 months
Months 1–2, per month₹1,07,000
From month 3: depends on the bid
₹50 Lakh
49 months
Months 1–2, per month₹1,07,000
From month 3: depends on the bid
₹1 Crore
49 months
Months 1–2, per month₹2,14,000
From month 3: depends on the bid
Tap View breakdown to see the monthly amounts for a plan.
Disclaimer: Estimated figures only — the final calculation will be shared by our team on enquiry.
Is my money safe?
Your money. Your group.
Every rupee on record.
A Bhisi runs on trust, so we don’t ask you to take our word for it. Clear rules, open bidding and a written record of every payment — you can check everything yourself.
Registered under the Chit Funds Act, 1982Backed by 10 years of service in Nagpur, Maharashtra
Registered under the law
Every group runs on a registered chit agreement under the Chit Funds Act, 1982 — with rules written down before the first payment.
Open bidding, in front of everyone
The monthly Boli happens with the group present. Nobody gets the pool by luck, by favour or behind closed doors.
A clear statement every month
See exactly what you paid, what was bid and what each member received. No guesswork, no hidden numbers.
Real people, a real office
Visit us in Nagpur, Maharashtra or call anytime in office hours. We explain every rule before you join — no pressure to sign.
Still have questions?
Talk to us before you decide — we’re happy to explain.
Enquire Now
About us
The people behind Sainand Chits India
10 years of service, now bringing transparent Bhisi savings to families in Nagpur, Maharashtra.
RS
Rajesh Sharma
Founder & Managing Director
Started the organisation 10 years ago with one promise: every rupee accounted for. Leads the company’s vision and member trust.
MK
Meena Kulkarni
Director
Oversees governance and compliance, making sure every group follows the Chit Funds Act and company policy.
AD
Amit Deshpande
Chief Executive Officer
Runs day-to-day business, new groups and partnerships, with a focus on simple, honest savings for families.
PJ
Priya Joshi
Chief Operating Officer
Manages member onboarding, monthly bidding and collections so every cycle runs on time.
SP
Sanjay Patil
Head of Finance & Accounts
Keeps the books, audits and statements in order. Every bid and payout is recorded and reconciled.
KR
Kavita Rao
Head of Member Relations
Your first point of contact for questions, statements and support throughout your Bhisi cycle.
Get in touch
Talk to our team
Have a question about a plan, or ready to join a group? Call, WhatsApp, or send an enquiry.
Reach us directly
Phone
+91 98765 43210
Chat with us
info@sainandchitfund.com
Office hours
Monday – Saturday, 10:00 AM – 7:00 PM
Visit our office
Sainand Chits India Pvt. Ltd.
Midas Complex, Central Avenue
Nagpur, Maharashtra – 440001