About Us

Manikya Chits Private Limited

ManikyaChits Private Limited is a government-approved chit fund company with over 5+ years of trusted service in Karnataka's financial sector. Established in 2022 in Sagara, ManikyaChits is the flagship entity of the ManikyaGroup of Companies.

With a corporate office in Sagara and a strong presence across Karnataka, the company operates in strict compliance with the Chit Funds Act, 1982 and Karnataka Chit Fund Rules.

Under the leadership of Managing Director Mr. Kanthu Alalli, ManikyaChits has evolved into a technology-driven financial institution serving lakhs of subscribers.

Our Mission

To cultivate a habit of disciplined saving among individuals and small businesses by offering accessible, transparent, and digital-first chit fund solutions — with the convenience of doorstep collection and personal trust.

Our Vision

To simplify financial support for every household and entrepreneur in Karnataka — blending tradition with digital innovation to create a seamless saving experience for all.

Core Values

Trust & Transparency

We uphold complete honesty in our processes and communications, ensuring subscribers always feel secure and well-informed.

Customer-Centricity

Our customers are at the heart of everything we do. We offer personalized financial plans based on individual income levels.

Innovation

We embrace digital transformation to make chit funds simpler, faster, and more accessible.

Financial Literacy & Education

We educate customers about chit funds, savings habits, and long-term financial planning.

Regional Empowerment

We uplift communities across Karnataka by offering accessible financial tools in regional languages.

Security & Legal Assurance

We operate with full legal compliance, providing peace of mind and protection to our customers.

Cultural Legacy with a Modern Touch

We revive community-saving traditions using secure, tech-driven solutions for today's world.

Management

Meet our Director's

With over 10+ years of distinguished experience in IT, administration, and project management, Mr. Kanthu Alalli stands as the driving force behind the success of ManikyaChits. Known for his strategic vision and unwavering integrity, he has led the company to become one of India's leading chit fund institutions.

Under his dynamic leadership, ManikyaChits has embraced technology to transform customer experiences. From mobile-based investments to real-time balance tracking and secure digital transactions, Mr. Kanthu Alalli has pioneered a new era of convenience and transparency in the chit fund sector.

His deep-rooted commitment to customer satisfaction, coupled with innovative digital integration, has not only improved operational efficiency but also elevated the credibility of the chit fund model in India.

"Our mission is to bring back the trusted culture of saving through chit funds—powered by digital innovation and rooted in community trust."

– Mr. Kanthu Alalli, Managing Director

Mr. Kanthu Alalli

Managing Director of MCPL

Director

At Manikya Chits, we believe in building lasting relationships with our customers based on trust, transparency, and reliability. For over 5 years, we have been serving the financial needs of thousands of families across Karnataka.

Our commitment to ethical business practices and customer-centric approach has made us one of the most trusted chit fund companies in the region. We continuously strive to innovate and improve our services to better serve our valued customers.

"Our commitment to transparency and customer trust has been the foundation of our success. We strive to provide the best financial solutions to help our customers achieve their dreams."

- Ram Hunsur, Director

Ram Hunsur

Director Of MCPL