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Odisha Govt To Return Money To All Chit Fund Investors; 5 Lakh To Get In 4 Months: Manmohan Samal

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Odisha Govt To Return Money To All Chit Fund Investors; 5 Lakh To Get In 4 Months: Manmohan Samal

by OB Bureau
July 4, 2025
in Odisha
Reading Time: 1 min read
Odisha Govt To Return Money To All Chit Fund Investors; 5 Lakh To Get In 4 Months: Manmohan Samal
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Bhubaneswar: The Odisha government will return money to all depositors who have invested in various chit fund schemes irrespective of the amount put in by them, state BJP president Manmohan Samal announced on Friday.

Addressing a press meet in Bhubaneswar, Samal said the process of refund of money to chit fund investors is already underway and the exercise is likely to be completed within four months.

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He said a list of five lakh depositors has already been prepared, and the state government is committed to refund all investors as per the promises made in BJP’s Sankalp Patra before the elections.

Stating that as many as 1,26,137 investors have already got back their money within a year, the state BJP chief said the list for the current phase is complete. The process is on and when the complete list is available, money to all will be refunded in phases, he said.

Samal said chit fund investors will get the refund by showing even minimal proof of their deposit. “This is a regular process, and once the list arrives, money will be returned phase-wise,” he said.

Noting that information and evidence about investment by people were obtained from various sources to prepare the list of five lakh eligible investors, he said whatever the amount may be, whether it is Rs 10,000 or Rs 10,00,000, money will be returned.

The senior leader thanked Chief Minister Mohan Charan Majhi for refund of money to 1,26,137 eligible investors, and said that the CM has already announced that five lakh others will get back their money in four months.

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