Jul 14, 2016
Chit Groups, Chitfund Saving, Chit Agreement, Chit-Chatty
Chit Groups, Chitfund Saving, Chit Agreement, Chit-Chatty
What are the benefits of a chit fund?
Chit fund is a unique financial concept, which has flexibility to borrow or save. By paying one-month installment amount, a person can get to borrow from the chit value, by offering a discount not exceeding the maximum limit ascertained in the chit agreement.
In a chit value of Rs.100000/- for a period of 50 months, first the subscriber can get an amount…
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