Why KSFE is not introducing Chits duration between 12 to 20 months (between INR 10000-20000 PM), which might be helpful for those people who don't want to carry longer periods?






Manohar Manohar
Answered on March 31,2020

Presently KSFE charges 5% as Foremans Commission. Hence it won’t be a beneficial option from the customer point of view (in terms of return on investment) to start chitties with shorter duration.


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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