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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.
Selva Magal Chit Fund Private Limited was established with a singular purpose — to make community-based savings simple, transparent, and accessible to every family across Tamil Nadu. Proudly standing as the First Registered Chit Fund Company in Muthupet (Thiruvarur DT), we have grown over five decades into one of the most trusted chit fund institutions in the region. Every plan we offer is fully approved by the Ministry of Corporate Affairs and the Registrar of Chits (Under Process), ensuring government-regulated safety and honest operations.
At the heart of our work is a deep commitment to member well-being — we believe savings should not feel like a burden but a source of strength and pride. While we serve across Tamil Nadu, we specialize in providing dedicated, localized support across the Thanjavur, Thiruvarur, and Nagapattinam Districts, ensuring that every member receives personalized guidance throughout their chit journey. With zero hidden charges and full legal transparency, Selva Magal remains the first choice of thousands.
Every decision we make, every plan we offer, and every member we serve is shaped
by three core pillars that have defined Selva Magal since the very beginning.
To provide every household — regardless of income — with a secure, affordable, and community-powered savings vehicle that builds genuine financial independence over time.
To become the most trusted name in chit fund services across Tamil Nadu — a brand that communities rely on for secure, fair, and growth-oriented financial solutions generation after generation.
Our values are not written on a wall — they are lived every day by our team, in every auction, in every instalment collected, and in every member relationship we nurture with care.
Our team is available across all branches to guide you through the right chit plan. Join thousands of members who have already made the smartest savings decision of their lives with Selva Magal Chit Fund Private Limited Private Limited.
We combine decades of experience with an unwavering commitment to transparency and member welfare.
Every feature we offer is built around one goal — your financial well-being.
Fully licensed and regulated under the Chit Funds Act, giving every member complete legal protection and absolute peace of mind throughout their savings journey.
Every monthly auction is conducted openly in front of all members with full documentation. No favouritism, no backdoor deals — just a fair, equal opportunity for every participant.
Join any of our chit plans without paying a single rupee as an entrance fee. We believe starting your savings journey should never be a financial burden for any member.
Our chit groups unite members from similar backgrounds, creating a strong community network where everyone grows together with shared accountability and mutual support.
Chit fund members earn dividend savings that consistently outperform conventional bank recurring deposits, delivering better real value on every instalment paid every month.
With branches serving across Muthupet, Thambikottai, Pattukkottai, Thiruthuraipoondi, Thiruvarur, Nagapattinam, and Chennai, expert support is always close to you.
