Customized solutions as per your needs.
Muthoot Chits is your guide to investing in a Saving cum Borrowing product with ease.
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
@ 5% of Chit 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.