ChitMonks - Empowering Digital
Free Version
Publisher Description
A Chit fund is a kind of savings scheme practiced in India. A chit fund company or Foreman, is a company that manages, conducts, or supervises such a chit fund, as defined in Section of the Chit Funds Act, 1982. According to Section 2(b) of the Chit Fund Act, 1982 (Reference form Wiki)
A video is worth more than thousand words. Refer to the link below. Video courtesy from IFMR (Institute for Financial Management and Research) and AIACF (All India Association of Chit Funds).
(http://www.aiacf.com/node/3109)
Chit Funds have been playing a stellar role in the financial inclusion of India because it is easy to understand and participate with Savings as the primary goal before Borrowing
Two main problems in this space are, evading faith and trust on the organizers of this instrument and challenges in administering it.
ChitMonks is using the power of Blockchain technology to decentralize this financial services space and bring utmost trust and transparency in the way India does Chit Funds.
Our Mission is - “To make registered Chit Funds more Accessible, Credible and Rewarding”
About ChitMonks - Empowering Digital
ChitMonks - Empowering Digital is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops ChitMonks - Empowering Digital is Pangean Global Services Pvt Ltd. The latest version released by its developer is 1.0.
To install ChitMonks - Empowering Digital on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2022-02-10 and was downloaded 6 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the ChitMonks - Empowering Digital as malware as malware if the download link to com.chitmonks.app is broken.
How to install ChitMonks - Empowering Digital on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the ChitMonks - Empowering Digital is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by ChitMonks - Empowering Digital will be shown. Click on Accept to continue the process.
- ChitMonks - Empowering Digital will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
