Home |KSFE Pravasi Chitty | Why KSFE is not introducing Chits duration between 12 to 20 months (between INR 10000-20000 PM), which might be helpful for those people who don't want to carry longer periods?

Why KSFE is not introducing Chits duration between 12 to 20 months (between INR 10000-20000 PM), which might be helpful for those people who don't want to carry longer periods?

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Manohar Manohar
Answered on March 31,2020

Presently KSFE charges 5% as Foremans Commission. Hence it won’t be a beneficial option from the customer point of view (in terms of return on investment) to start chitties with shorter duration.

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