Chits & Shares
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25 shares + fees + ₹5,000 FD = ₹10,750 per unit. Packs of 5, 10 or 25 units available.
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Chandrasekhar Chitts – Secure Savings for Your Future
Smart savings today, secure future tomorrow.
About this product
Chandrasekhar Chitts presents structured savings plans designed to help employees save regularly and work towards their financial goals.
The brochure offers two categories of plans: Long Term Chits and Short Term Chits. Long Term Chits have a duration of 50 months with 40% sealing, while Short Term Chits have a duration of 25 months with 30% sealing.
Long Term Chit plans are presented for bigger financial goals, with chit values of ₹5,00,000, ₹10,00,000, ₹20,00,000, ₹30,00,000 and ₹50,00,000. The corresponding monthly payments shown are ₹10,000, ₹20,000, ₹40,000, ₹60,000 and ₹1,00,000 respectively.
Short Term Chit plans are presented for immediate financial needs, with chit values of ₹5,00,000, ₹10,00,000, ₹20,00,000, ₹30,00,000 and ₹50,00,000. The corresponding monthly payments shown are ₹20,000, ₹40,000, ₹80,000, ₹1,20,000 and ₹2,00,000 respectively.
The brochure highlights trust and reliability, transparent and clear operations, flexible plans, disciplined savings, employee-focused benefits and support for achieving financial dreams.
The scheme is specifically presented as being for employees and is described as a savings scheme by employees, for employees. The brochure also states that it can be used for goals such as home, education, marriage, vehicle, travel, business, emergency needs and more.
Terms and conditions, including monthly instalment, auction/dividend, prize amount, commission, security requirements and other conditions, are stated to apply as per the applicable chit agreement and approved schedule.
| Chit Value | Duration | Monthly Pay |
|---|---|---|
| ₹5,00,000 | 50 Months | ₹10,000 |
| ₹10,00,000 | 50 Months | ₹20,000 |
| ₹20,00,000 | 50 Months | ₹40,000 |
| ₹30,00,000 | 50 Months | ₹60,000 |
| ₹50,00,000 | 50 Months | ₹1,00,000 |
| --- | ||
| Short Term Chits | ||
| Chit Value | Duration | Monthly Pay |
| ₹5,00,000 | 25 Months | ₹20,000 |
| ₹10,00,000 | 25 Months | ₹40,000 |
| ₹20,00,000 | 25 Months | ₹80,000 |
| ₹30,00,000 | 25 Months | ₹1,20,000 |
| ₹50,00,000 | 25 Months | ₹2,00,000 |
| Project | Chandrasekhar Chitts |
| Plan Types | Long Term Chits and Short Term Chits |
| Long Term Duration | 50 Months |
| Long Term Sealing | 40% |
| Short Term Duration | 25 Months |
| Short Term Sealing | 30% |
| Long Term Chit Values | ₹5,00,000, ₹10,00,000, ₹20,00,000, ₹30,00,000, ₹50,00,000 |
| Long Term Monthly Pay | ₹10,000, ₹20,000, ₹40,000, ₹60,000, ₹1,00,000 |
| Short Term Chit Values | ₹5,00,000, ₹10,00,000, ₹20,00,000, ₹30,00,000, ₹50,00,000 |
| Short Term Monthly Pay | ₹20,000, ₹40,000, ₹80,000, ₹1,20,000, ₹2,00,000 |
| Eligibility | Employees |
| Purpose | Disciplined Savings |
| Financial Goals | Home, Education, Marriage, Vehicle, Travel, Business, Emergency Needs |
| Benefits | Trusted, Transparent, Flexible and Employee Focused |
Download the Chandrasekhar Chitts 5,00,000 brochure with highlights, figures and contact details.
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