The New Trichur Company (Pvt.) Ltd. is the flagship company of “The New Trichur Group”. It is a Private limited financial concern having its Registered Office at New Trichur Tower, Kandassankadavu, Thrissur-680613, Kerala and incorporated under the Companies Act’1956 bearing registration No.1893. The Company commenced its operations at Kandassankadavu, a coastal village in the Thrissur District of Kerala, mainly with chit business on a modest scale. The Company was founded in 1960 by late T.V.Joseph, a great visionary of his times. His life was totally dedicated to the sustained growth of the Company and he acquired reputation for integrity in all his dealings. At that time most of the business men were doing their business in a single roof. The expansion of business never goes beyond that roof. But it is remarkable that he could open five branches of the Company at that period. It shows his passion to the business. It is also a miraculous one that the founder could identify the ‘novelty’ of his home district ‘Thrissur’, otherwise he wouldn’t name the Company as “The New Trichur.” The Company is attentive in keeping his dominant policies forever.
After the expiry of the Founder, in 1985, the leadership was shifted to a powerful hand. Shri T.V. Jose, managed the Company from 1985 to 2005 as Managing Director and then as Chairman upto 2012. His long vision and loyalty also lead the Company to go ahead.
Mr.Varghese Jose T, the present Managing Director took over the reins of the New Trichur Group in the year 2005, but even before that he had been with the group in different capacities since 1987. Mr. Varghese Jose T (Biju) was born in 1968 and holds a graduation in Commerce with additional qualification of MBA. On his involvement it soon acquired the trust and belief of the rural population, and now recognized as a powerful Chit Company. Over the last few years, it has been one of the fastest growing chit companies in Kerala. The Company stands at the forefront with the backup of over 2.5 lakhs satisfied customers. Our corporate office is functioning at Vazhappully Trade Centre, M.G. Road, Thrissur. Perhaps we may be the only Private Chit & Gold Loan Company having 17 branches.
Over the years the Company has achieved many credits in its journey. It is the innovative ideas of the Managing Director to raise the chit business to its superior colors by introducing new generation chits and made it a popular brand. Even though the chit business was functioning with poor infrastructure, the young and enthusiastic Managing Director extended its benefits to all the classes of people. He is the pioneer in introducing a variety of prizes and bonus to the customers in this field.