Model Chit Corp Limited whose name is familiar to any Hyderabadi has been principally promoted by Mr.A. Krishna Murty. He is known for his innovative approaches in the area of financial services as well as his strong business sense and high ethical values. The Chairman of the Company, Mr. A Krishna Murty is credited with professionalising and developing the Chit fund industry in Andhra Pradesh. He has spearheaded the growth of one of India's biggest Chit fund Companies in his earlier assignments.

The Company has also introduced a range of Personal chits. It has over 15 branches across the State of Andhra Pradesh to serve customers.

After the huge success of this concept in Andhra Pradesh, the Company has set up subsidiary companies in Karnataka and Tamilnadu to service the needs of clientele in these two states.While Model Chit Corp Karnataka Limited meets the needs of Karnataka subscribers,Model Chit Corp Chennai Limited meets the expectations of the people of Tamilnadu.

The other major companies in the Group include Model Financial Corporation Limited ,a leading NBFC in Andhra Pradesh and Model Realtors the first realty services company in Andhra Pradesh. Besides, the Group also has interests in the Construction industry.

The Company has plans to further increase its turnover in corporate chits and also spread the message of chits to new clients, like software engineers, executives and employees who are not yet aware of the benefits of this innovative instrument.

Mr..A.Krishna Murty's two and a half decades of experience in the Chit Fund industry wherein he had the privilege of serving over two and half million customers translated into Model Chit Corp. Ltd. It is an outcome of his vision, commitment and service.

Every company in Model Group symbolises Mr. A.Krishna Murty's farsighted vision, clarity of thought and transparency in operation. The goodwill it has generated over the years through excellent performances is the hallmark of the group's success. Corporate Chits, including the first ever Rs.One Crore Chit for Corporates and high networth individuals is an example of Sri.A.Krishna Murty's innovative ability to identify the right business opportunities in the field of Corporate Finance.

Mr. A Krishna Murty is one of the most respected persons in the industrial and financial fraternity of Andhra Pradesh. He has also served as President of FAPCCI (Federation of Andhra Pradesh Chambers of Commerce and Industry) in its Platinum Jubilee year (1991-92). He has also been the founder President of the All India LPG Distributor's Federation and presided over the Federation for more than 5 years.

He is a person of rare experience, expertise and resources to provide the industry with a new means of financial re-engineering. He is now starting a new course for the Company by introducing the concept of chits to newer segments.

Reachout lauds the entrepreneurship of Mr.Krishna murty who has indeed set standards for the Chit industry over here and we look forward for his foray into newer segments ..Good luck Mr.Krishna murty.