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Thiruvarur - 614738, Tamil Nadu, India
About Us
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
At Selva Magal Chit Fund Private Limited, we believe that every family deserves access to a simple, secure, and community-driven way to grow their wealth. Proudly established as the first registered chit fund company in Muthupet (Thiruvarur DT), we have expanded our roots through decades of experience to serve members across Tamil Nadu, with a special focus on Thanjavur, Thiruvarur, and Nagapattinam districts. approved by the Ministry of Corporate Affairs and the Registrar of Chits (Under Process), we offer government-regulated financial security to help thousands of families build their future — one instalment at a time.
Licensed under the Chit Funds Act, operating with full regulatory accountability.
Crystal-clear fee structure — what you see is exactly what you get, every month.
Choose from a range of group sizes and durations that match your income cycle.
Simple, transparent, and community-powered savings plans crafted for every financial milestone.
Join thousands of members already building wealth with Selva Magal Chit Fund Private Limited.
Whether you are saving for a home, a wedding, or a brighter tomorrow — Selva Magal Chit Fund Private Limited has the right plan for you. Transparent, government-regulated, and built on decades of trust. Reach out today and let us help you get started.
We don't just manage your money — we grow it alongside yours, with complete honesty and zero compromise.Here is what sets us apart from every other financial option available to you.
Selva Magal Chit Fund Private Limited has stood the test of time by placing members first — always. From our transparent auction process to our dedicated branch support, every aspect of our service is designed with your trust in mind.
Every month, members bid openly and fairly. The lowest bidder wins the chit amount — no manipulation, no favouritism. The process is witnessed, documented, and fully auditable.
Only a minimal 5% commission is applied — no surprise charges, no penalty traps, no fine print. Every rupee is accounted for and communicated to you upfront before you join.
We are proudly serving across Muthupet, Thambikottai, Pattukkottai, Thiruthuraipoondi, Thiruvarur, Nagapattinam, and Chennai. Walk into any of our branches for personalized support.
Over fifty years of uninterrupted operations, on-time payouts, and thousands of members who have returned — generation after generation — because trust is all we have ever built on.
Real stories of financial confidence, family security, and community trust — shared by members who have grown with us across Tamil Nadu.
Joining Selva Magal was the best financial decision I have ever made for my family. The transparent bidding process gave me full confidence and clarity every single month. I purchased my own agricultural land with the chit amount without any burden.
Every month's instalment became a savings habit that built real security for my household. When I needed emergency funds urgently, the auction process helped me access the money very quickly. I have recommended Selva Magal to all my fellow colleagues already.
Running a small business requires steady and reliable financial backing, and Selva Magal delivered exactly that every single month. No hidden fees, no unnecessary delays — just completely honest and dependable payouts each time. I have been a proud member for over eight years now.
My husband and I enrolled together to save for our children's education and future wedding expenses. The flexible plan options made it very easy to commit without straining our monthly household budget at all. Selva Magal truly feels like an extended and caring family to us.
