KSFE Pravasi Chits :: Online Chit Solution for NRI Keralites
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KSFE Pravasi Chitty is a unique financial savings scheme introduced for the welfare of Malayalees abroad.

PRAVASI CHITTY


 

KSFE Pravasi Chitty is a unique financial savings scheme introduced for the welfare of Malayalees abroad. It’s many things, under a single scheme.

 

It is   

  • a chitty scheme with insurance coverage and pension plan
  • a software that allows you to join chits, pay installments, and take part in chitty auction from anywhere, anytime
  • a fund-mobilization platform to solve Kerala’s infrastructure problems

 

An exclusive chitty scheme for NRIs has been a longstanding public demand. The remittances of NRIs play a significant role in the growth of Kerala's economy. However, a large number of NRIs live under unstable and insecure work conditions. It is in this particular context that KSFE has thought about a financial scheme to promote savings among NRIs that would improve their economic stability.

 

One of the major attractions of this project is that it also gives NRI’s, an opportunity to partake in the overall infrastructural development of the State. In addition to this, the Pravasi Chits also has many features that make it a unique financial saving structure amidst other financial instruments.

Pravasi Chit Features


  • Internet- and mobile-based chits
  • Android mobile app
  • Online chit selection
  • Online installment remittance
  • Online auction
  • Safe, secure and transparent bidding process
  • Integrated chat-bot, e-mail, SMS, social media support
  • 24X7 contact centre for customer support
  • Application security tested as per international standards