Advantage of Pravasi Chits
Chit is an indigenous source of finance, highly popular in Kerala. It is a hybrid product, which starts as a deposit and during its course turns into a loan. Pravasi Chitty is a unique online Chit with value additions offered by KSFE for Malayalee expatriates within India and abroad, in association with the Government of Kerala.
Salient Features of Pravasi Chit
- Secured & Profitable Financial Product
- Fully Online
- 24/7 Customer Support
- Customer Friendly Mobile App
- Opportunity for participating in Kerala’s Infrastructure Development through KIIFB Projects..
- Secure & Online payment of Chit installments.
Chit Subscription Options
| Installment | Duration | Chit Amount |
|---|---|---|
| ₹2,50,000 | 40 Months | ₹1,00,00,000 |
| ₹1,00,000 | 60 Months | ₹60,00,000 |
| ₹1,25,000 | 40 Months | ₹50,00,000 |
| ₹2,00,000 | 25 Months | ₹50,00,000 |
| ₹50,000 | 60 Months | ₹30,00,000 |
| ₹80,000 | 25 Months | ₹20,00,000 |
| ₹30,000 | 60 Months | ₹18,00,000 |
| ₹20,000 | 50 Months | ₹10,00,000 |
| ₹25,000 | 40 Months | ₹10,00,000 |
| ₹40,000 | 25 Months | ₹10,00,000 |
| ₹16,000 | 50 Months | ₹8,00,000 |
| ₹10,000 | 60 Months | ₹6,00,000 |
| ₹20,000 | 30 Months | ₹6,00,000 |
| ₹12,500 | 40 Months | ₹5,00,000 |
| ₹20,000 | 25 Months | ₹5,00,000 |
| ₹5,000 | 60 Months | ₹3,00,000 |
| ₹10,000 | 30 Months | ₹3,00,000 |
| ₹5,000 | 40 Months | ₹2,00,000 |
| ₹8,000 | 25 Months | ₹2,00,000 |
| ₹4,000 | 25 Months | ₹1,00,000 |
| ₹2,500 | 40 Months | ₹1,00,000 |