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In 2019, the BK Chit Funds was started at the above Auditor Office address itself with only two employees. BK Chit Funds operates many groups of Chits starting from Rs.1,00,000 to 50,00,000 Lakhs Chits every month and each group of Chit contains 20 members. 

The Managing Partner Mr. B.K. Balakrishnan has studied MBA at Sri Krishna College, Coimbatore and completed his Post Graduate in Business Administration in 2013.  He has been practising as an Auditor at Salem in the name of  BK AUDITORS  at 79-B, Sivam Complex, Peramanur Main Road, Salem - 636 007 since 2015. Presently he has around 1050 Clients. With his Clients as members, he has started M/s. BK Chit Funds during 2019 as a Partnership Firm duly registered and successfully running till date. 

Compared to other Chit Funds the collection procedures in our BK Chit Funds vary according to the comfort of the members i.e. daily, weekly and monthly instalments which reduce the burden of the members. For first-time members who join BK Chit Funds, we offer an attractive gift for joining as a New subscriber in Chit Group. Every month, BK Chit Funds sends a reminder message about the monthly dues to all its members and sends a WhatsApp message to the members on their mobile regarding the Bid amount, Dividend, instalment payable and pending amounts standing in their account. 

Now BK Chit Funds is running with 30 Groups starting from Rs.1,00,000 Chit to Rs.50,00,000 Chit consisting of 600 members. On the Inauguration Day of BK Chit Funds in 2019 itself, many members joined in Rs.10,00,000 Chits. Each month new Chits of Rs.10,00,000 to Rs.25,00,000 have been registered and running successfully which proves the Goodwill & Trust among the members.