Save Together.
Borrow Together.

Joint Fund is an interest-free group savings and borrowing system. It follows the same concept that many people in India know as a committee, chit fund, chitty, bhisi, or peti.

Members contribute a fixed amount every month for a chosen duration. Every month, one member receives the full pooled amount, and each member receives it once during the cycle.

When you join, you can choose your payout month from the available options. If you need funds sooner, you can select an earlier month. If you're saving for a future goal, you can choose a later month.

Since the payout comes from the group's monthly contributions, there is no interest involved.

Plans start from ₹2,500 per month.

Let's say 10 members join a Joint Fund group and each contributes ₹2,500 every month.

Every month, the group collects ₹25,000 (10 × ₹2,500). This full amount is paid to one member according to their selected payout month.

The plan continues for 10 months, so every member receives the ₹25,000 payout exactly once.

Each member contributes a total of ₹25,000 over the 10 months and also receives ₹25,000 once during the plan.

No interest is charged or paid. The payout comes from the group's monthly contributions.

Your membership is confirmed once you make your first monthly contribution.

After joining, you can choose your payout month from the available options.

Payout months are allotted on a first-come, first-served basis, so members who join earlier have more choices.

When your selected payout month arrives, the full pooled amount is transferred directly to your bank account.

After receiving your payout, you continue making your monthly contributions until the plan is completed.

Joint Fund plans are designed for short-term savings and borrowing.

Plans currently range from 6 months to 24 months, depending on the group you choose.

Each plan has a fixed duration, and every member receives one payout during that period.

Yes. Joint Fund follows the group savings model commonly known in India as a committee or chit fund.

Chit funds in India are governed by the Chit Funds Act, 1982. We are committed to operating our platform in accordance with all applicable laws and regulations.

You can read the Act here: Chit Funds Act, 1982

Joint Fund is designed to operate as an interest-free group savings and borrowing system.

Members contribute their own money into a common pool, and each member receives the pooled amount once during the plan. No interest (riba) is charged or paid.

If you have specific religious questions or would like guidance based on your personal beliefs, we encourage you to consult a qualified Islamic scholar.

To keep Joint Fund safe, transparent, and secure for all members, every applicant must complete our Know Your Customer (KYC) verification process.

Basic documents (required for everyone):
• Aadhaar Card
• PAN Card

If you are a salaried employee:
• Last 6 months' bank statement
• Last 3 months' salary slips

If you are self-employed or a business owner:
• Last 6 months' bank statement
• Latest ITR (if available)
• Any one of the following:
  • GST Registration
  • Trade/Business Licence
  • Shop Rental Agreement

If your current residential address is different from the address on your Aadhaar Card, additional address proof may be required.

No. Joint Fund works entirely through WhatsApp, so there's no app to download or install.

From joining a group to receiving updates and support, everything is managed through WhatsApp, making the process simple and convenient.

Every member completes a verification process before joining to help build a trusted and responsible group.

We actively monitor monthly contributions, send payment reminders, and follow up promptly on any missed payments.

If a member fails to meet their obligations, we take appropriate action in accordance with our Terms & Conditions to protect the integrity of the group.

Yes. Joint Fund charges a small foreman fee of up to 5% of the total fund value.

This fee covers the cost of managing the group, verifying members, tracking monthly contributions, providing customer support, and ensuring the plan runs smoothly.

Apart from the foreman fee, there are no interest charges and no hidden fees.

Joint Fund follows a simple, interest-free model with fixed monthly contributions and scheduled payouts.

Unlike many traditional chit funds, there are no auctions, no bidding, and no discounts. You choose your payout month when you join (subject to availability), so you know exactly when you'll receive your funds.

Every member contributes the same amount each month and receives the full pooled amount once during the plan.

The result is a transparent, predictable, and easy-to-understand system for people who want to save and access funds without interest.

Joint Fund is designed for people who prefer an interest-free way to save and access funds through a trusted group.

Unlike a bank loan, the payout comes from the group's monthly contributions, not from a lender. Members contribute a fixed amount each month and receive the pooled funds in their selected payout month.

You repay only through your regular monthly contributions—there is no interest and no hidden charges.

If you're looking for a simple, transparent, and interest-free alternative to conventional borrowing, Joint Fund offers a different approach.