- Locality: Kacheripady
- Subcategories: Chitty Fund
Kacheripady, Ernakulam
M.V. Bahuleyan is the founder Chairman of Mulloor Chitty Funds Kochi Pvt. Ltd. The company was regis... tered under the companies Act, 1956 on 14th august 2012 Even before the formation of the company, M.V. Bahuleyan was in the field of chitty business several decades ago. Earlier he had registered a partnership firm in the year 1970 in the name and style Mulloor Chit Funds of which he was one of Managing partners of the firm. The firm grew and became a renowned name among the business community in Kerala Most of the small and medium scale business men in and around Kochi trusted Mulloor Chit Fund
Kacheripady, Ernakulam
Fully owned by the Government of KERALA was created by the Government with the objective of providi... ng on alternative to the private Chit promotors in order to bring in social control over the chit fund business, so as to save the public from the clutches of Unscruplus fly-by-night Chit fund operators. Chitty is the main product of KSFE. It is a unique financial product, which the advantages of both investment and loan. The instalment per month for the chitties range from 1000 to 500000 and the usual duration of the chitties are 30, 40, 50, 60, 100 Months. Chitty loan and passbook loan a