Home |KSFE Pravasi Chitty | Is KSFE Chitty profitable?

Is KSFE Chitty profitable?

Answer Notify Me - 1 Notifying - 2



KSFE, Government of Kerala verified
Answered on March 31,2020

Chitty is a double-edged financial instrument. it has both the features of an investment tool as well as a loan tool. It depends on what angle you join for a chitty. If you approach chitty as an investor it will be better to join chitties with longer duration and also bid the chitty when you can get a maximum amount and reinvest the chitty amount. On the contrary, if you are in urgent need of money go for chitties with shorter duration and bid the chit at the earliest keeping an eye on the amount you are going to get. (investors can now join KSFE’s multiple division chitties in which customer has a chance to get the full chit amount(after deducting foreman's commission) through a lot each month.

How would you rate the answer?


Excellent Good Neutral Poor Bad

Thank you for your response..

Clap Clap 88
Share Share Answer Share Share
Views 2538 views
tesz.in
Hey , can you help?
Answer this question
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
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

Related Questions