About Us

About Our Company

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Pelman Chit Funds private limited is the new company incorporated from PL.M. Group (approved by Govt of Tamil Nadu) Which is catering to the needs of the packaging industry from its own premises for more than 35 years.

– Registered Under Chit Funds Act 1982 –

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The Company had been registered under the chit funds act, Tamil Nadu Government. When every chit group is started, a deposit is made to the Government to assure that the customer’s money is always safe.

Chit auction for all groups will be held once a month on a specified date and time intimated to its subscribers. If the auction day falls on a holiday, the auction will be held on the next working day at the same place and time. Prompt payment to the prized subscriber will be our committed practice.

Nominated proxies can attend the auction on prior approval.

Collection of monthly chit amount can be paid by a click away through online like NEFT, IMPS, and UPI(GPAY) in the most secured and also to our authorized persons with proper official receipt and entry in the passbook.

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