WebApr 11, 2024 · KSFE will waive the liability of the prized chit, up to a maximum of Rs. 10 lakh, in the unfortunate event of the subscriber's demise. The liability waiver option will act as a de facto, free-of-cost insurance scheme for Pravasi Chitty subscribers. One person can receive a maximum liability waiver amount of Rs. 10 lakhs. WebHow is KSFE chitty calculated? Total contribution/ investment =150*60 = 9000. i) If the chitty is auctioned at the 18th month/ instalment at a total discount of 5. 5% (including F. C), then the prize money payable is [Rs 100000 - 5500 = Rs 94500].
KSFE pravasi chitty – Advantages,KSFE Gifts,How to join online,
WebIn 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds. Types of KSFE chitty schemes. Regular Chitty : In regular chits one person can bid per month. The maximum auction discount is 30 percent. For example, in a chit of 1 lakh, up to Rs. 30,000 will be reduced. WebWhat is the chittal number in KSFE? In KSFE, each chitty has a fixed number of Tickets i.e. Subscribers. For example: A 40 months chitty will have 40 subscribers including Foreman (KSFE). Each subscriber is given a number ranging from 1 to 40. This number is called Chittal Number. novel full library of heaven\u0027s path
How can I check my KSFE chitty details online?
WebAfter that enter your Chitty No and Chittal Number. Enter the Branch Name and click Submit Button. Successfully registering for unique id. ... This is why the number of chits offered by KSFE differs from branch to branch. KSFE chitty schemes have a minimum investment of Rs. 5,000 and a maximum of ten lakh. These chits can be paid through ... WebAns: Yes, a paid subscriber of the KSEF Pravasi Chit Fund can hold up to 10% of the total chitals available in a particular chit scheme. For example, if a chit scheme has a total of 50 chittals, one paid subscriber can have up to 5 chittals. They will have to contribute to each of the 5 chittals separately though. WebSep 21, 2024 · What is chittal number in KSFE? In KSFE, each chitty has a fixed number of Tickets i.e. Subscribers. For example: A 40 months chitty will have 40 subscribers … how to solve over the interval