Top Direct Selling Companies and How They Work
In a chit fund company, a group of people contributes funds periodically for the duration. This collected amount is allotted to a person who is selected through a lucky draw in an auction to run a company.
How does a chit fund company work?
Chit fund begins at a decided date. The number of months is decided according to the number of investors. The members contribute their monthly installments for the fund. Then, an open auction is conducted. This type of auction is also known as reverse auction because the person who bids the least gets the money. This fund is used for business, investments, and emergencies.
In India, there are a lot of
chit-fund companies that are extremely safe and help during crises. Smart Value Limited, is one of them. They go the extra mile to provide various products
at affordable prices. It is a direct selling company of India which provides
access to a variety of good quality products.
Characteristics of a Reputed Company
A reputed chit fund company
should have the following:
● Value-for-money products
A reliable chit fund company
will provide you with various value-for-money products. They must provide products at an excellent price. The chit fund
companies aim to expand the accessibility of products by increasing
budget-friendly opportunities for people. Such options prove to be popular
among the lower-income groups of society.
● Corporate Social Responsibility(CSR) activities
Chit fund companies perform various
acts to give back to the society. For example, food donation, water
conservation, road safety, child adoption, etc., are a few CSR activities they
carry out. They keep the invested money saved for emergencies as well.
● Excellent quality product
Chit fund companies prepare the
best quality products for the population. They aim at providing the best
quality products at the most reasonable prices.
● Reliability
Chit fund companies are 100%
reliable as these companies are authentic. The Indian government approves these
companies under the Chit Fund Act, 1982.
● No requirement for a collateral
Regular financial institutions and banks require some tangible securities to be deposited before lending money. Contrastingly, a chit fund gives money based on personal assurance.
● A higher dividend
The subscribers of the chit fund have an opportunity to secure higher returns compared to most other deposit schemes.
SmartValue is an ISO 9001:2008 certified company. SmartValue has 500+ networks across various cities. Over a hundred quality products are available that are value-for-money. Their entire team of highly qualified professionals work together to pull the company at a different height. The main target of the professional team is to spread awareness and promote health, communication skills, and personality through their products.
We believe in creating a positive impact on the lives of our clients. To get easy access to money, contact SmartValue, a trusted chit fund company, to get smart care to improve your present and get a better future. Dial the toll-free number 1800-200-1122 or drop an email at support@svpsl.in to get the products.
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