Chit-Schemes, Chit-Money, Chit-System, Chit Record, Online Chit Fund System, Chit Fund Source
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<strong>Chit</strong>-<strong>Schemes</strong><br />
<strong>Chit</strong>-<strong>Money</strong><br />
<strong>Chit</strong>-<strong>System</strong>
<strong>Chit</strong> <strong>Schemes</strong><br />
•<strong>Chit</strong> schemes have traditionally<br />
been generic, differentiating<br />
only in value and duration. The<br />
need for customization of<br />
products, to address varied<br />
requirements of chit members,<br />
is evident.
<strong>Chit</strong> <strong>Schemes</strong><br />
•In this regard, the Small<br />
Enterprise Finance Centre at<br />
Institute for Financial<br />
Management and Research,<br />
along with need for financial<br />
education .
<strong>Chit</strong> <strong>Schemes</strong><br />
•Customization of chit schemes,<br />
and eventually design and test<br />
new financial products that will<br />
further enhance the value of<br />
financial services provided via<br />
chit funds.
•<strong>Chit</strong>-fund executives say their<br />
schemes are more trustworthy<br />
than the informal groups. the<br />
appointed leader sometimes<br />
makes off with the kitty. Even<br />
an honest leader takes the first<br />
month’s pot as a handling fee.
•<strong>Chit</strong>-fund regulations cap a<br />
company’s commission at 5%. Yet<br />
the private groups add that only<br />
high-value schemes are viable<br />
under such curbs, making them<br />
less inclined to serve small-time<br />
savers in remote areas.
WEBSITE<br />
http://chitfundsoftware.in<br />
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Gokula 1st Stage,<br />
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Mathikere,<br />
Bangalore - 560 054,<br />
Karnataka, India.