By visiting our website, submitting an enquiry,
registering as a member, enrolling in a chit scheme,
or making a payment through our authorised online
payment facility, you acknowledge that you have read,
understood, and agreed to these Terms and Conditions.
These Terms and Conditions should be read together
with the applicable chit agreement, scheme documents,
payment terms, privacy policy, and other documents
issued by EESA CHITS PRIVATE LIMITED.
01
General Information
General Terms and Conditions
These Terms and Conditions apply to all Users,
Members, Subscribers, and persons accessing or using
the services provided by EESA CHITS PRIVATE LIMITED.
- Participation in any chit scheme shall be subject to the respective chit agreement, applicable scheme rules, and applicable laws and regulations.
- Members are required to provide accurate, complete, and current information and documents whenever requested by the Company.
- Members shall comply with all applicable payment obligations, KYC requirements, documentation requirements, and other conditions applicable to their chit scheme.
- EESA CHITS PRIVATE LIMITED reserves the right to update, amend, modify, or revise these Terms and Conditions from time to time.
- Any amendment affecting an existing chit agreement shall be subject to the terms of that agreement and applicable law.
- If any provision is determined to be invalid or unenforceable, the remaining provisions shall continue to remain valid and enforceable to the extent permitted by law.
02
Membership
Chit Membership and Participation
2.1 Membership
Membership in a chit scheme is subject to the
eligibility criteria, documentation, KYC verification,
and approval requirements applicable to the respective
scheme.
The Company may request additional information or
documents whenever necessary for verification,
compliance, or other legitimate business purposes.
2.2 Subscriber Information
Members must ensure that all information submitted to
EESA CHITS PRIVATE LIMITED is accurate and genuine.
- Name and contact details
- Address details
- Identity and KYC documents
- Bank account details
- Nominee information
- Financial or supporting documents
- Other information required for compliance or processing
Members must promptly inform the Company if any
submitted information changes.
2.3 Chit Instalments
Members are responsible for paying their chit
instalments within the applicable due dates.
Failure to make payments on time may result in
applicable charges, penalties, loss of benefits,
or other consequences as specified in the respective
chit agreement and applicable law.
2.4 Auction and Dividend
Where applicable, chit auctions shall be conducted
in accordance with the respective chit scheme and
applicable rules.
The dividend, discount, prize amount, and other
amounts may vary depending on the auction and the
applicable scheme.
Any payment schedules, examples, calculators, or
illustrations displayed on the website are for
general informational purposes. The actual amount
payable or receivable shall be determined according
to the applicable chit agreement and official
Company records.
2.5 Prize Amount
A Member becoming eligible to receive a prize amount
shall comply with all applicable documentation,
security, guarantor, KYC, and other requirements
before disbursement.
The Company may require additional documentation or
security wherever applicable.
2.6 Continuing Payment Obligations
Receiving a chit prize amount does not automatically
release the Member from future instalment obligations.
A prized Member must continue to pay the remaining
instalments in accordance with the applicable
chit agreement.
03
Data Protection
Privacy Policy
3.1 Our Commitment
EESA CHITS PRIVATE LIMITED respects the privacy of
its Members, customers, and website Users.
We take reasonable measures to protect personal
information collected through our website,
registration process, customer communications,
and chit-related services.
Personal information may be disclosed where necessary
to provide services, comply with applicable legal or
regulatory requirements, prevent fraud, or protect
the rights and interests of the Company, its Members,
or the public.
3.2 Collection of Information
Depending on the services used by the User,
EESA CHITS PRIVATE LIMITED may collect information
such as:
- Name
- Mobile number
- Email address
- Address
- KYC and identification information
- Bank or payment-related information
- Chit membership information
- Transaction and payment details
- Information submitted through enquiry or contact forms
3.3 Use of Information
- Processing chit membership
- Managing subscriber accounts
- Processing payments
- Communicating with Members
- Providing customer support
- Maintaining records
- Meeting legal and regulatory requirements
- Preventing fraud and unauthorised activity
- Improving our services and website
3.4 Disclosure of Information
- To comply with applicable laws and regulations.
- In response to lawful requests from government authorities or competent courts.
- To comply with legal or regulatory requirements.
- To prevent fraud or unauthorised transactions.
- To protect the rights, property, or safety of EESA CHITS PRIVATE LIMITED, its Members, employees, or the public.
- With authorised service providers involved in providing payment, technology, communication, or other business services.
04
Digital Transactions
Terms and Conditions for Online Payments
4.1 Online Payment Facility
EESA CHITS PRIVATE LIMITED may provide an online
facility through which Members can make authorised
payments towards their chit instalments or other
applicable dues.
The payment facility may be provided directly or
through authorised third-party payment service
providers.
4.2 Payment Information
Users are responsible for entering correct payment
information when making an online transaction.
The User confirms that they are legally authorised
to use the selected payment method, including debit
card, credit card, UPI, net banking, or other
supported payment methods.
EESA CHITS PRIVATE LIMITED does not request
Users to share confidential PINs, passwords,
OTPs, or other sensitive authentication
credentials with Company personnel.
4.3 Transaction Confirmation
A payment shall be considered successfully completed
only after confirmation is received through the
applicable payment system and/or reflected in the
Company's records.
Payment records maintained by EESA CHITS PRIVATE
LIMITED and/or its authorised payment service
providers may be used as evidence of the transaction,
subject to applicable law.
4.4 Payment Debited but Confirmation Not Received
If an amount has been debited from your bank account
but the payment confirmation has not been received,
please do not immediately make another payment.
The User should contact EESA CHITS PRIVATE LIMITED
with the relevant transaction details so that the
payment status can be verified.
4.5 Unauthorised Transactions
Users must immediately notify the Company if they
identify an unauthorised or suspicious transaction
relating to their account or payment.
05
Payment Protection
Refunds, Cancellations and Chargebacks
5.1 Refund Requests
Any refund request relating to a payment made to
EESA CHITS PRIVATE LIMITED must be raised with the
Company through the official contact channels.
5.2 Duplicate Payments
If a User accidentally makes a duplicate payment,
the User should contact EESA CHITS PRIVATE LIMITED
with the relevant transaction details.
5.3 Failed Transactions
Where a payment fails but the amount has been debited
from the User's account, the transaction will be
verified with the relevant payment provider.
5.4 Successful Transactions
Payments successfully processed towards a chit
instalment or other valid Company dues may not be
cancelled or reversed merely because the User
subsequently changes their mind.
5.5 Chargebacks
Users are requested to contact EESA CHITS PRIVATE
LIMITED before initiating a chargeback for a
transaction.
06
Payment Service
Payment Gateway Disclaimer
- The online payment facility is provided for the convenience of Members and Users.
- Payments may be processed through third-party payment gateways, banks, UPI providers, or other authorised service providers.
- EESA CHITS PRIVATE LIMITED does not guarantee that the payment facility will always operate without interruption, delay, or technical errors.
- The Company shall not be responsible for failures caused by circumstances outside its reasonable control.
- Users should verify the transaction status before attempting another payment if a transaction appears unsuccessful.
07
Protection
Limitation of Liability
EESA CHITS PRIVATE LIMITED takes reasonable steps to
provide reliable services; however, the Company does not
guarantee that the website or online payment facility
will always be available or completely free from
technical errors.
The Company shall not be responsible for losses arising
directly from:
- Incorrect information provided by the User.
- Unauthorised use of the User's account or payment method.
- Failure of a bank or payment service provider.
- Internet or network interruptions.
- Technical problems outside the Company's reasonable control.
- Fraudulent transactions carried out by third parties.
- Failure of the User to comply with applicable chit payment obligations.
08
Your Responsibilities
User Responsibilities
Users agree to:
- Provide accurate information.
- Keep their contact information updated.
- Make chit payments within the applicable due dates.
- Use only authorised payment channels.
- Keep payment receipts and transaction references.
- Protect their login credentials and personal information.
- Not misuse the Company's website or payment facility.
- Not attempt unauthorised access to Company systems.
- Not submit fraudulent or misleading information.
- Comply with the applicable chit agreement and Company policies.
09
Security
Fraud and Misuse
EESA CHITS PRIVATE LIMITED reserves the right to
investigate suspected fraudulent, unauthorised, or
unlawful activities.
The Company may take appropriate action where permitted
by law, including suspension of services, investigation
of transactions, reporting to relevant authorities, or
initiating appropriate recovery or legal proceedings.
Important Security Notice
Users should be cautious of individuals falsely
claiming to represent EESA CHITS PRIVATE LIMITED
and promising guaranteed returns, special
discounts, unauthorised benefits, or other
arrangements outside the official chit scheme.
The contents of the EESA CHITS PRIVATE LIMITED website
are provided for general informational purposes.
The Company makes reasonable efforts to maintain accurate
information; however, website content, scheme information,
payment information, illustrations, and other materials
may be updated or modified from time to time.
Users should rely on the applicable official chit
agreement and documents issued by the Company for the
specific terms governing their chit membership.
11
Ownership
Intellectual Property
All content appearing on the EESA CHITS PRIVATE LIMITED
website, including the Company name, logo, branding,
text, graphics, images, designs, icons, layouts, and
other materials, is owned by or used with permission by
the Company unless otherwise stated.
No User may reproduce, copy, modify, distribute, publish,
or commercially use such content without prior written
permission from EESA CHITS PRIVATE LIMITED.
12
External Services
Third-Party Services and Links
The website may contain links or references to third-party
websites, payment gateways, banks, service providers, or
other external platforms.
EESA CHITS PRIVATE LIMITED does not control all
third-party services and shall not be responsible for
their independent content, availability, privacy
practices, policies, or services.
Users should review the applicable terms and policies of
third-party providers before using their services.
13
Updates
Modification of Services and Terms
EESA CHITS PRIVATE LIMITED reserves the right to modify,
suspend, discontinue, or update any website feature or
online facility where reasonably necessary.
The Company may also update these Terms and Conditions
from time to time.
The latest version published on the website will apply
to website usage from the effective date specified
therein, subject to the rights and obligations under
any existing chit agreement and applicable law.
14
Legal
Governing Law and Jurisdiction
These Terms and Conditions shall be governed by and
interpreted in accordance with the applicable laws
of India.
Subject to applicable statutory and regulatory
requirements, any dispute relating to the use of the
website or services of EESA CHITS PRIVATE LIMITED
shall be subject to the jurisdiction of the competent
courts and authorities in
Chennai, Tamil Nadu.
15
We're Here to Help
Customer Support and Grievance Contact
For questions, payment-related issues, chit membership
enquiries, complaints, or other assistance, Users may
contact EESA CHITS PRIVATE LIMITED through the official
contact details below:
16
Final Agreement
Acceptance of Terms
By accessing the EESA CHITS PRIVATE LIMITED website,
registering as a Member, participating in a chit scheme,
submitting information, or using the Company's online
payment facility, the User acknowledges that they have
read, understood, and agreed to these Terms and Conditions.
The specific chit agreement and applicable scheme
documents shall govern the rights and obligations
relating to a particular chit subscription, subject to
applicable law.
EESA CHITS PRIVATE LIMITED
Trusted Chit Fund Services | Transparent &
Reliable Solutions