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ABOUT US

The Birth of Amico Chits:

In 2015, Mr. S. Ananda Kumar began his journey into the financial sector with the inception of Amico Chits. What started as a small initiative to offer financial support to friends and community members soon became a formalized operation. In 2017, Amico Chits Private Limited was officially registered, marking the beginning of a new chapter in the finance sector. The name “Amico,” which means “friend” in Italian, reflects Mr. S. Ananda Kumar's core belief in providing financial assistance and support only to friends in the beginning. His mission was simple: to help those around him who were in need of secure, transparent, and reliable financial solutions.

Company Growth and Values

Today, Amico Chits Private Limited proudly serves a diverse customer base and employs a dedicated team of 40+ professionals. With a presence in three locations—Vaiyampatty (Registered Office), Trichy (Head Office), and Thanjavur (Branch Office)—the company continues to grow and innovate within the financial sector. Under Mr. S. Ananda Kumar’s leadership, Amico Chits remains committed to its core values of integrity, dedication, and a customer-first approach. As the company continues to expand, it remains proud of its humble beginnings and is dedicated to empowering individuals with the financial freedom they need to achieve their personal and professional goals.

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Leadership

At the helm of Amico Chits Private Limited is our visionary Managing Director, Mr. S. Ananda Kumar, whose leadership and dedication have been pivotal in shaping the company’s remarkable success. Mr. Ananda Kumar’s journey began at MSP School, Dindigul, where he laid the foundation for his academic achievements. He further pursued a Bachelor of Engineering (BE) degree in Electrical and Electronics Engineering (EEE) at JJ College of Engineering, Trichy. After completing his studies, he worked for eight years in the Oil and Gas sector across various countries. Driven by a desire to make a meaningful impact in his community, Mr. S. Ananda Kumar shifted his focus to financial services and founded Amico Chits. Under his leadership, the company has grown into a trusted financial partner while staying true to its mission and values.

Core Values

Customer Focus

Prioritizing the needs and satisfaction of our customers in every decision we make.

Integrity

Upholding honesty and ethical practices in all our operations.

Innovation

Embracing creativity and forward-thinking to deliver cutting-edge financial solutions.

Transparency

Ensuring openness and clarity in our processes and interactions.

Accountability

Taking responsibility for our actions and commitments to customers and stakeholders.



Excellence

Striving for the highest standards in every aspect of our business.

Teamwork

Fostering collaboration and mutual respect to achieve shared goals.

Social Responsibility

Contributing positively to the well-being of our communities and society at large.

Financial Inclusion

Promoting equal access to financial services for individuals and businesses alike.

Security

Providing a safe and reliable financial environment to protect our customers’ interests.

Do

  • Always invest in a registered Chit Fund. Remember that Chit Funds can operate only in their registered state.

  • Always ask for proper documents, including passbooks and payment receipts, whenever you’re investing.

  • It is advisable to go with well-known investors who have sound financial knowledge.

  • Go for Chit Funds that maintain standard rules and regulations.

Dont

  • Avoid Chit Funds that have no registration number and certificate of registration.

  • Don’t work with Chit Funds that fail to provide any type of payment receipts.

  • Avoid Chit Funds with people trying to promote Ponzi money-making schemes.

  • Avoid going for Chit Funds which offer unrealistic higher returns.

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