* Foreman Commission 5% Under The Government Rule.

* SJC Allow You as A Customer Only After Doing the Cybil Check and Address Verification.

* In SJC, Each Chits Has a Fixed Number of Tickets I.E. Customers. For Example: A 20 Month Chit Will Have 20 Customers Including SJC.

* Once The First Installment of the Chit Is Collected, We Will the Fixed Deposit the Bank and Collect The PSO Number at The Register Office.

* Chits Organized On a Monthly Basis.

* Monthly Installment Must Be Paid Before the Chit Date(For Example, If the Chit Date Is 10th, The Chit amount should be paid in full by the 10th of every month).

* Chit Distribution Will Be Done On the Chit Date Itself.

* Customer Can Visit the Mobile Application to Complete the Registration Process and Paid the Chit Due Amount.

* SJC Offers, At Present, Chits for A Gross Monthly Minimum Due Amount of 25,000.However The Minimum Amount for Gross Monthly Due of Rs.25,000 Will Be Rs.18,750 When The Auction Discount Comes to 30% Of The Chit.

* As of Now, SJC Offers Chits with Starting from 5 Lakhs to 5 Crores for A Period Ranging from 20 To 40 Months with A Gross Monthly Installment of Rs.25,000 To Rs.12,50,000.

* 30% Is The Maximum Auction Dividend Ceiling in SJC.

* 13.44% Interest Will Be Given to Take a Chit of the Last Due.

* The Penalty Is Calculated On the Actual Number of Days Delayed for Making the Payment.

* This Chit Is Not Auctioned, It Is A FIXED Chit and Will Be Given in A Draw Manner If Asked by One Or More Persons in The Same Month.

* It Happens to Leave the Chit in The Interim, The Company Will Pay the Money Customer Without Interest After The 20th Month of The Group and if the money is withdrawn before the 20th installment of the group, interest will be charged.

* If Customer Picked Up the Chit, One of His Family Members and Two Outsiders Must Give Surety. Document MOD or Government Surety Should Be Given as Per the Value of the Chit. A Customer Must Be Given Maximum Four Cheque Leaf.

* If The Surety You Provide Is Not Sufficient for The Value of Your Chit, You Will Have to Provide Another Surety.

* Chits for The Companies Holidays, Government Holidays and Sunday Would Be Held On Time the Next Day..

* All The Information Relating to The Chit Group Is Provisional and Subject to Confirmation with The Manager of the Concerned Branch.

* Anyone who wants to delete or deactivate the data can approach the branch manager or call the toll free number of the company. Details are given in the account summary.

* I Also Agree That I Will Join Chit of This Company Only After I Am Fully Aware of the Above Terms.