Securities Acceptable

Various schemes of KSFE that offers financial assistance such as loans or advances can only be availed against the security provided by the customer. Security is defined as, “anything, such as salary recovery undertaking, landed property, deposit receipt etc., that is deposited or pledged as a guarantee for the fulfillment of an undertaking regarding the…

Loans & Advances Schemes

Although Chitty is in essence a loan/advance scheme, for subscribers whose chitties are not getting prized and, at the same time they are in need of money, relief has been provided by two loan schemes built within the chitty scheme, viz. Chitty Pass Book Loan and Chitty Loan.KSFE offers other loan/advance schemes, comparable to those…

Chitty

Chitty is the main product of KSFE. It is a unique financial product, which blends the advantages of both investment and advance. It is a risk free safe haven for the public as KSFE conducts only chitties fully governed by the provisions of Central Chit Fund Act 1982. The installment per month for chitties range…