Can KSFE Pravasi Chits prize money be transferred to NRI account?






KSFE, Government of Kerala verified
Answered on February 19,2023

No, as per existing RBI guidelines the chit prize money can only be transferred to an NRO Account/regular Savings Account.

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Guide

Complete Guide on KSFE Pravasi Chit

KSFE Pravasi Chitty is a unique financial savings scheme introduced for the welfare of Malayalees living outside Kerala. It also gives NRK's, an opportunity to partake in the overall infras..
  Click here to get a detailed guide