Business Categories
Others Financial

IBG eChits India Private Limited

  • Area Req
    300 - 800 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • No. Of Franchise Outlets
    Less than 10
About Us

About Us:

Chit fund is a good saving instrument that helps people to borrow money from future savings. Chit funds bring great discipline to savings and also are the reliable source of funds in times of emergencies.

IBG is the first company to introduce Digital Chit Funds which are 100% transparent and easy to understand and operate. IBG is the first company in India to introduce Online auction which helps customers to participate in auctions from the comforts of their home or office. At IBG we believe technology can bring transparency, convenience and greater returns to customers there by making Chit funds an attractive asset class.

There are 300 millinon customers who invest close to 200 billion dollors in ChitFunds in India .However, this industry is the most misunderstood because of lack of Transparency.

  • Digitisation helped IBG to pass on benefits to customers that were accrued through cost savings.
  • IBG vision is to revolutionise Chit fund investments through Technology infusion.

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 10000 - 50000

Master / Multi Units

Region Wise

Investment INR 10000 - 50000

State Wise

Investment INR 10000 - 50000

Details

Anticipated percentage return on investment 137 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Expansion Locations

North

- NA -

South

Karnataka, Andhra Pradesh, Telangana

East

Odisha

West

Maharashtra

Central

- NA -

Union Territories

- NA -

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 300 - 800 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

Insta Apply
You might also be interested in these opportunities
  • Real Estate Sub
    About Us: RE/MAX is one of the World’s largest and most..
    Locations looking for expansion New Delhi
    Establishment year 1973
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter South Delhi New Delhi
  • Waste Management Services
    a.        India’s 1st integrated icensed fuel enterprise st..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Haveli Maharashtra
  • Printing Services
    About Us: We are leaders in 3D printing technology with 9+..
    Locations looking for expansion Maharashtra
    Establishment year 2021
    Franchising Launch Date 2022
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Mumbai Maharashtra
  • Others Consultancy
    Walchand PeopleFirst Ltd (WPFL) is the India Master Franchise for..
    Locations looking for expansion Maharashtra
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 10lac - 20lac
    Space required 850
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Mumbai Maharashtra
  • Microfinance
    About Us: GoPik is a rural transactional enabler, engaged in providing..
    Locations looking for expansion Orissa
    Establishment year 2022
    Franchising Launch Date 2022
    Investment size Rs. 50000 - 2lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Bhubaneswar Orissa
  • Financial Investment & Trading
    GOLDCASH LIMITED – A Premium Business Opportunity with Promising Returns. GoldCash Limit..
    Locations looking for expansion HARYANA
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquarter GURGAON HARYANA
More Stories
Apply Now

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads