Frequently Asked Questions.

We are a financing company committed to providing smart and simple solutions to help our subscribers achieve their life Goals. CLCF reports to The Registrar of Chit Funds, Delhi. It has been registered under the Chit Fund Act, 1982. We pack four decades of experience, goodwill and financial expertise to your service. We have an unblemished track record of 45 years. We comply with directions of the Reserve Bank of India, wherever applicable. We are a profit making entity since inception and better the capital adequacy norms several times over. We lay special emphasis on requisite infrastructure, equipment, computerization and having centrally located office premises to enhance your experience of subscribing with us. We respect you need for information and establish channels wherever possible.

Fraternity Funds have been around even before the concept of banking existed. The reason it has stood the test of time is that Fraternity Funds offer certain benefits no other financial product in the world can offer. Chandra Lakshmi is committed to providing you with a comfortable and safe experience. Mr. Kamal Bhambhani is a Certified Financial Planner. As a subscriber, we help you make a financial plan. It is a highly sophisticated, prudent product. The true power of Fraternities is best understood when experienced.

Your money is hard earned and there should be no reason why you should not take sufficient precaution with any of your investment anywhere. Fraternities are not a magical tool for getting unreasonable return on your money. If a scheme is too good to be true, be suspicious. You need to assess which Fraternity Fund company has secure processes and disbursal mechanisms. A list of all registered operators has been made available online by the Registrar of Chit Funds, State of Delhi. If an operator is not on that list, then that operator’s chits are being run illegally. You may also seek copy of a registered 'Previous Sanction' for the group you are subscribing.

We at Chandra Lakshmi do not deal with cash. We only operate legally. Chandra Lakshmi is a registered company, all the client registration forms and auction minutes are sent to the government of NCT of Delhi.