Official Announcement of KSFE Pink Chits by Hon'ble Chief Minister

The official announcement of KSFE Pink Chits was made by Chief Minister Shri. V.D.Satheesan on 12-10-2026 at the Secretariat Media Room.

On this occasion, KSFE Managing Director Shri. Abhilash P.N. handed over a cheque for ₹110.04 crore to the Chief Minister, representing the second installment of the guarantee commission amount for the 2026-27 financial year.

KSFE General Manager (Finance) Sri. Sarath Chandran S, General Manager (Business) Sri. Sreekumar P, Company Secretary Sri. Emil Alex, Assistant General Manager (Business) Sri.Vinod Kumar G, Assistant General Manager (R&D) Smt. Nishibhanu S.A, Assistant General Manager (Thiruvananthapuram Urban Region) Sri. Pradeep K.B, Liaison Officer Sri. Sudheeran K, and organizational representatives KSFE-OA General Secretary Sri. Susheelan S and FEEA General Secretary Sri. Vinod S were present at the event.

'Pink Chits' is a special savings scheme introduced by KSFE exclusively for women and transgender women in the 2026-27 financial year, as part of the state government's women empowerment policies. This scheme aims to cultivate excellent savings habits from daily savings and ensure the financial independence of women and transgender women through secure investments.

Chits are available starting from a monthly installment of ₹1,500 for a duration of 60 months (total chit amount: ₹90,000), which can be joined by saving just ₹50 a day. Subscribers can choose from three plans with a 60-month tenure tailored to suit various savings goals: ₹1,500 per month (Total chit amount: ₹90,000), ₹2,500 per month (Total chit amount: ₹1,50,000), and ₹5,000 per month (Total chit amount: ₹3,00,000).

Subscribers who pay their chit installments promptly every month without default will have ₹500 credited to their chit account upon the completion of the 10th, 30th, and 59th installments. Through this, a maximum cashback of up to ₹1,500 can be earned. Additionally, KSFE Pink Chit subscribers will also be eligible for attractive prizes under the existing 'KSFE Empower Chits 2026' scheme.