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 from Rs 1000 to Rs 6,00,000 with duration ranging from 30 months to 120 monthsKnow more
Loans & Advances
KSFE offers a number of loan schemes to help those who need fund for various purposes. KSFE Loans are having relatively low interest rates, are a great relief to the people. KSFE offers Gold loans, Home loans, Personal loans and Chit loans and other various loan schemesKnow more
KSFE offers various types of deposits with attractive interest rates. This includes short-term and long-term deposits. In addition, there are deposits equivalent to savings deposits in KSFE, called Sugama. Chit Money deposits and Senior Citizens' deposits have a higher interest rate than regular fixed deposits.Know more
Various schemes of KSFE that offers financial assistance such as Chitties and loans can be availed against the security provided by the customer. Security is defined as, “anything, such as Personal Surety of employees of Institutions approved by KSFE, landed property, Fixed Deposit receipts, Gold ornaments etc. kept as a guarantee for the fulfillment of an undertaking regarding the repayment of the Chitty/advance, along with interest thereon, to be paid in case of default”. Various types of securities accepted by the KSFE for its different schemes are the following:Know more
53 Years Of Trusted Services
We thank more than 48 lakhs of our satisfied customers for their trust and faith.
Turn over (FY 2022-23)