Home |KSFE Pravasi Chitty | I am a member of INR 5000*100=INR 500000 KSFE chitty, How much will I earn at the end if I continuously deposit INR 5000 for INR 100 months?

I am a member of INR 5000*100=INR 500000 KSFE chitty, How much will I earn at the end if I continuously deposit INR 5000 for INR 100 months?

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Jyothi Jyothi
Answered on March 31,2020

The maximum amount you can get in an INR 5000*100 chitty is INR 475000/-. But rather than waiting till the last installment, it is desirable to bid the chitty a little earlier when you can get a reasonably good amount and deposit the same whereby you can earn interest on that deposit. Thus you will be earning much more amount than INR 475000/-.

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