During the mid eighty's late. Mr. Krishnamurthy a well known industrialist and Mr. George Mathew a budding financial administrator came up with an idea of starting a chit fund company for the welfare of the society.
It was this idea that laid the foundation stone in starting Popular Chits & Credits (P) Ltd. in1984. This company was incorporated as a private limited company on the 15th of March, 1984.
In 1986, Mr. K.P. Mathew a professional financial administrator with more than 40 years of chit fund experience was appointed as the managing director of Popular Chits & Credits (P) Ltd. In his early days he worked as the director with one of the pioneer chit fund company in Coimbatore, The Madras Chit Fund (P) Ltd. Rich with experience he started as managing director of popular chits & credits on the 29th of august 1986.
The name of the company was later changed to Popular Chits (India) Pvt. Ltd. on 11th November 2003.
Now Popular Chits (India) Pvt. Ltd. is one of the trusted financial organizations in the city and we are growing in a steady pace with more than 30 groups and 1300 client members.
We have computerized our operation in the year 1996 and now going online for better interaction. Call us any time to fix a meeting with our director to meet your financial aspirations.