Save Together.
Borrow Together.

Joint Fund is a simple savings and borrowing system, commonly known in India as a chit fund, committee, chitty, bhisi, or peti.

A group of people contributes a fixed amount every month for a set period. The total amount is given to one member each month, and everyone gets it once during the cycle — in a fixed month.

You can take the money early if you need it, or later if you want to save. There's no interest, it's your own pooled money.

Plans start from ₹2,500/month.

Group details:
Members: 10
Monthly contribution: ₹2,500 per member

Monthly total:
10 × ₹2,500 = ₹25,000

Payout:
₹25,000 is given to 1 member each month

Duration:
10 months

Per member:
Total contribution: ₹2,500 × 10 = ₹25,000
Total received: ₹25,000 (once)

You officially join the group after making your first monthly contribution.

Once your spot is confirmed, you can select your payout month from the available options.

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

When your payout month arrives, you receive the full fund amount directly in your bank account.

After receiving your payout, you continue making your monthly contributions until the group completes its cycle.

Joint Fund is a short-term saving and borrowing system.

We offer durations ranging from 6 months to 24 months.

Yes. Joint Fund operates on the principles of chit funds and follows the framework of the Chit Funds Act, 1982.

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

Yes, Joint Fund is interest-free and follows a system where members contribute and receive their own pooled money.

Since there is no interest (riba) involved, it is considered halal by many scholars.

You need to complete KYC verification.

Basic documents: PAN card and Aadhaar card.

If salaried:
• 6 months bank statement
• 3 months salary slips

If business owner:
• 6 months bank statement
• ITR
• Any one of: Business license / GST / Rental agreement

If your current address is different from your Aadhaar address, additional address proof will be required.

No. Everything is managed on WhatsApp — no apps or paperwork required.

All members are verified before joining.

We actively track payments, send reminders, and manage the group to reduce the chances of missed payments.

Yes, we charge a small foreman fee of up to 5% of the total fund value.

This covers managing the group, tracking payments, and ensuring everything runs smoothly.

There is no interest and no hidden charges.

Joint Fund follows a simple, interest-free model. Members know their payout month from the beginning, so there are no auctions, bidding, or uncertainty.

Every member contributes a fixed amount each month and receives the full fund amount in their assigned turn.

The process is transparent, easy to understand, and designed for people who want to save and access funds without interest.

Because you repay exactly what you receive. No interest at all.

The money comes from your own savings group, not a bank or lender.

No interest, no hidden charges, and no loan process.

Simple, fair, and fully interest-free (Halal).