Customized solutions as per your needs.
Muthoot Chits is your guide to investing in a Saving cum Borrowing product with ease.
Select & Subscribe to a plan that matches your needs
Reserve an affordable amount to invest systematically every month.
Borrow easily by bidding for the monthly Prize Money
Earn monthly dividends on your investment
Participate in a wise investment option that is secure and allows you to borrow when you need it
Determine which plan best suits your needs. Input your monthly income and let our accurate Chit Calculator do the rest.
Select the most appropriate Chit Group by inputting your monthly income, the monthly installment you wish to pay, or the desired Prize Money.
Chit Value(Chit Amount) = Rs.5 Lac (10K x 50), Members:50, Duration:50 Months, Auction finalised at 30%
Every month contribute 10K each
This 5 Lac, will be distributed to a person through Auction
Auction is to identify the bidder who offers Highest Discount
Foreman Comission
@ 5% of Chit Amount
Dividend
@ Rs.2500/Person
(1.25 Lac/50)
Prize Money
(Auction Amount)
Chit Amount - Discount
Note: The pooled-in chit amount for the 1st month is retained by one of the members (Foreman). The above cycle/process of pool, auction, and the bid will be repeated each month from the second month onwards. – One of the members
Contact us today to kick-start your career in the exciting field of alternative investments in India.