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What is the advantage of KSFE chitty over post office Recurring deposit?

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Simon Simon
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 the 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. In the event of an exigency during the tenure of chitty, the subscriber can bid the chitty and meet his needs.

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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
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

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