About Us

Our chit fund companies have earned the trust of our customers across the nation. We achieve this by following due processes and being transparent in all our schemes. We are committed to providing the best service and value to our clients. We comply with all the registration and legal requirements under the relevant chit fund act for all our schemes.

Our founder Sri A.M. Gopalan, popularly known as Gokulam Gopalan launched the Chit and finance business on 23rd July 1968 at Mylapore, Chennai with a single branch. For over 54 years, we have served the community with dedication and integrity. We have expanded our presence to 479 branches across the country. The Chit fund industry was once a small unorganized sector with local schemes run by individuals. We have transformed it into a professional and reliable sector with nationwide reach.

At Gokulam, we pioneered the development of scalable, reliable and transparent schemes for our customers. We recognized that the participation of people, especially women, was crucial for achieving success. Therefore, we decided to offer our services at the convenience of our customers and thus initiated the phase of expansion. Depending on the affordability of households, they could enroll in the schemes starting from as low as Rs.100, to plan and save for their family’s future.

Operating a chit fund involves floating of a chit fund scheme, finding potential members, enrolling members into a chit, collecting contributions, conducting chit auctions, distributing funds, and maintaining books. We are proud of the fact that we have managed to keep abreast of all the changes both on the regulatory front and on the technological front to provide world class services which are trusted by millions of our customers.