Home |KSFE | 100 months’ chitty is pending after 24 months payments. Will KSFE give any interest for 24 months payments, at the time of closing the chitty?

100 months’ chitty is pending after 24 months payments. Will KSFE give any interest for 24 months payments, at the time of closing the chitty?

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KSFE, Government of Kerala verified
Answered on March 31,2020

Chitty is not like a term deposit. You can collect remitted amount chitty once the chitty termination. However, if your chitty is substituted by somebody*, you can receive the remitted amount without waiting for chitty to terminate. Kindly contact your branch. *conditions apply.

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