Jagapathi Chits

Smart Savings. Easy Borrowing. Trusted Growth.

Looking for a financial solution that helps you save regularly and access funds when needed? Welcome to Jagapathi Chits, a reliable and time tested way to manage your finances with confidence. Chit funds are one of India’s oldest financial systems designed to offer the dual benefit of savings and borrowing in a simple, disciplined manner.

What is a Chit Fund?

A chit fund is a structured financial plan where a group of members contribute a fixed amount every month for a specific period. Each member gets the benefit of receiving the lump sum amount through a transparent process like auction or draw.

Our Chit Plans

We offer multiple chit schemes designed for every individual

Choose a plan that fits your lifestyle and financial goals.

Safe & Transparent System

Your money is managed with responsibility and trust.

Operates under Chit Funds Act (Government Regulated)

Fixed auction schedules and clear processes

Proper documentation and customer support

Fair and transparent bidding system

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About Mr. Neelkantappa
Mr. Neelkantappa’s journey is a true example of determination, resilience and transformation. Born in a small village called Kuditini in Ballari district, Karnataka, he came from humble beginnings. After completing his PUC, he came to Bangalore with just ₹2 in his pocket, carrying a big dream to pursue Engineering. Life was challenging. With no opportunities, he struggled to survive, sometimes sleeping under a tree, hungry and uncertain. During this time, a kind-hearted lady helped him with food and connected him to a construction site owner who was a police inspector. Though initially strict, when he learned that Neelkantappa had completed PUC, he was surprised and decided to help him. Neelkantappa started working as a laborer at the construction site, carrying water and doing basic tasks holding on to hope. Later, he read about Chief Minister Devaraj Urs supporting students. With courage, he wrote a postcard requesting help for an engineering seat and received a positive response. At college, he faced another setback. The principal denied his preferred branch and pushed him into Electrical Engineering. Despite discouragement, he didn’t give up. He completed Electrical Engineering and started his career at BEML Limited, guided by his philosophy: “Say Yes to Responsibility.” Through dedication, he rose through the ranks and eventually retired as an AGM (Assistant General Manager) from BEML. After retirement, he entered businesses in insurance, health and wellness, building a strong and committed team. Legacy & Vision ●Circumstances do not define destiny ●Opportunities come to those who persist ●Humility and hard work create growth He continues to inspire many by proving that success depends on determination, not where you start.