About Management
The Company was incorporated on 26.08.1987 and registered with the Registrar of Companies, Tamil Nadu, Chennai. The registration number is 14790 / 1987 and the CIN of the company is U65991TN1987PTC14790.
The day-to-day affairs of the company are managed by its Managing Director, ably assisted by experienced staff members.
About The Managing Director
Mr. A. Chitrarasu, the Managing Director of the company, is a graduate in Mathematics from the University of Madras and he also holds a Master’s degree in Business Administration (MBA) from the University of Pondicherry. He had also passed the intermediate examination of the Institute of Cost and Works Accountants of India.
Mr. A. Chitrarasu has been engaged in the business of Financial Services since 1984. He, along with a few of his friends, had established an NBFC, a Nidhi Company and Kurinji Chit Funds Private Limited in the 1980s.
He also served as a director on the board of other companies involved in flat promotion, manufacturing of kitchen equipment and stainless-steel components for Integrated Coach Factory.
Mr. A. Chitrarasu is also serving the chit fund industry as the Secretary of Incorporated Chit Funds Association, Chennai (Since 2015) and the General Secretary of All India Association of Chit Funds, New Delhi.
He has been a Rotarian since 1992 and is a Past President of the Rotary Club of Meenabakkam, Chennai. He has also served as the president of the Residents’ Welfare Association of Amaravathy Nagar, Arumbakkam, Chennai where he lives.
About Kurinji Chit Funds
Kurinji Chit Funds has been serving one thousand customers, on an average, every month continuously for the last more than 30 years.
A sum of about Rs. 400 Crore has been paid as prize amount to about 12,000 prized subscribers till now.