Rao Brother's Chit Fund PVT LTD

RAO BROTHER'S CHIT FUND PVT LTD.

Rao Brother's provided me the additional capital – when I needed it the most – for expanding my business. Ever after, I never thought of chit funds the way I did! - K.P. Loknath, Builder.

With Rao Brother'ss the purchase of any asset (car, house, gold, etc.) becomes easier because of the breaking-up of capital cost into smaller amounts. You can build the finance for your asset according to your convenience, advance planning, and repayment capacity. - K. Muralidhar , Project Manager, TCS, Hyderabad

Rao Brother's offers the best source of finance at lower interest rates, and also provides insurance against unforeseen contingencies. Unlike financial institutions, I can draw upon my fund for any purpose – education, marriage, religious function, spiritual tour, medical expenses, or just about anything! - Sridhar, Team Lead, Infosys

I always wanted to buy a high-end digital camera to pursue photography, but did not have enough money. I was skeptical about finance from banks. Rao Brother's provided me the necessary finance. Rao Brother's is not only reliable, transparent, and trustworthy, but obtaining finance when you need is hassle-free and quick, with minimum documentation. - Bharadwaj, Web Developer in TrendaSource

Rao Brother's lets your worry about car finance take a back seat, allowing you to occupy the box-seat! - S. Giridhar, Project Manager, SRAOSS

Getting a home loan is easy these days, but paying it back is a big problem. Rao Brother's allows me great flexibility in repaying my debt in small and easy installments. - G. Manohar, HR, Pegasys

When my daughter’s marriage got fixed, I was worried about arranging finance within a short period of time. Rao Brother's came to my rescue like a savior. I was also able to pay off the loan without any hassles. - S. Anand Swamy, Designer, OMS3

My daughter was very keen in pursuing her higher studies in medicine from abroad. Rao Brother's helped my daughter in realizing her dream. Unlike banks, I got the money I required without any documentation or delay. Rao Brother's gave me both joy and peace of mind. - M. Santoshi, HR, APS Associates

After my retirement, I was worried about my finances. But, thanks to Rao Brother's, all my worries have now been put on the back-burner! - K. Nandu, TL, Soft Tech

My mother fell sick suddenly and had to be hospitalized. She had to undergo a major operation of the spinal cord. I fell short of money and at that time, Rao Brother's gave my mother a new lease of life by providing the necessary finances. - M K. Mohan, Programmer, MMG

Company - Directors

Mr. B. Damodhar Rao

Mr. B. Damodhar Rao is the Founder of RBCF. He has a vast experience of 42 years in Finance and Banking, which includes 22 years in the field of chit fund business alone. Mr. Rao worked as a Manager with Union Bank of India (UBI) for 20 years, from 1968 to 1988. He managed the rural, semi-urban, as well as the Metropolitan branches of UBI in Karimnagar district of Andhra Pradesh. In 1978, he came to Hyderabad and started RBCF in 1979, with a seed capital of Rs.15,000 and just one chit group of 25 members. However, he was not actively involved in the administration or affairs of the company, but only provided direction and support to the company. In 1988, Mr. Rao resigned his job from UBI and took over RBCF in 1989.

Mr. Rao strongly believes that the customer should not suffer, and it is this genuine concern for the customer that has sustained the company for close to three decades. Apart from this, he believes that factors such as sincerity, honesty, and commitment are paramount and instrumental in taking the company forward. Mr. Rao feels that careful selection of people, proper training, good encouragement, allowing employees to learn from their mistakes, coupled with good remuneration and incentives were strongly responsible for the company’s tremendous growth over the years. The motto of the company, according to him, is: “You trust us; we will give you the best.”

Mr. B. Sunil Rao

Mr. Sunil is an experienced entrepreneur, technologist, Project Leader, and Director of RBCF. Mr. Sunil worked in the US for 9 years and has experience of managing TrendaSource, a software services company, and RK Constructions, a contruction company, besides software product development and software consulting experience. He gained his experience by working in various roles at Oracle Corporation, Motorola, Extraprise and Gevity. He has been delivery head for large-scale, multi-million dollar projects. While at Extraprise, he delivered a B2B EcommBuilder product for a startup. Prior to TrendaSource, he was responsible for setting up US sales office, delivery process, and business practices. He is experienced in all phases of a project cycle, including requirements, design, implementation, testing, packaging, release management, support and project management. He brings IT, ITES, sales management experience, and entrepreneurial talents to Rao Brother's.

At Rao Brother's, Mr. Sunil is taking the traditional chit fund business to the next level by making it accessible for younger workforce, while embracing the technology. He has not compromised an iota on the honesty and transparency of the new business model. His vision is to promote transparency and accessibility to the chit fund customers of RBCF through the aid of latest technology. Sunil obtained his Masters in MIS from University of South Florida, Tampa and Bachelors in Mechanical Engineering.

Rao Brother's SYMBOLIZES TRUSTYou can bank on our years of expertise

We strive hard to earn your trust and in the process we get evaluated by ourselves with our customers, industry bodies and other 3rd parties from time to time. Please explore the status quo on our credentials and keep a watch on this space.