 Chandra Lakshmi Chit Fund P. Ltd. (Registered under The Madras Chit Fund Act, 1961) |
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COMPANY PROFILE Chandra Lakshmi was born in the busy streets of Sadar Bazaar in central Delhi, one of the biggest wholesale markets in South Asia, with Mrs Shakuntla Bhambhani as its Managing Partner.The main objective of the company was to provide need based financial plans to its clients. The platform of chits was readily acceptable to the entire spectrum of clients as it offered many positive attributes for financial planning. The approach in the beginning was very personalized and highly focused on each individual client. It was similar to being a family "Financial" doctor for the client. The involved attitude towards the clients helped build closeness and trust with them. As a result we have built lasting relationships and the ratio of repeat financial interactions is a near 100% from all solvent and dependable clients. The success of customer oriented approach moulded and guided our business strategy and policy since, and Chandra Lakshmi has grown from a modest client base to that of a several thousand in strength with customized and tailored financial plans being its mainstay. Over the years Chandra Lakshmi has complied to all possible statutory obligations and acquired relevant registrations and licenses from governing bodies with whom it has an immaculate track record. It started to computerize in 1982 and presently has all operations online with computers on every desk. It has acquired a new premises, better and qualified staff strength and is equipped with the most optimum infrastructural facilities. Chandra Lakshmi is also credited with designing and commencing many new financial products. It has acquired intellectual property rights in respect of various financial instruments under the relevant trademarks, copyright and patent legislation of the land. Chandra Lakshmi has been involved with its trade bodies, the Delhi Chit Funds Association (Regd) as an Executive member and with The All India Federation Of Chit Funds as Treasurer and Executive member. It is an active participant in the programs of these bodies. We have always maintained excellent relations with our bankers. Presently banking with the Bank Of America - New Delhi Branch. Chandra Lakshmi has also maintained excellent ties with the society through the Lions Club and the Rotary International. It has regularly sponsored blood donation camps on behalf of the Lions Club. It is also associated with the Multan Sewa Samiti, the Derewal Sewa Sangh and the Bharat Vikas Parishad, which are organizations with social objectives.
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