KSFE Chitty Application Form - Summary
Download the KSFE Chitty Application Form in PDF format here. The chitty scheme is a unique financial tool that combines the benefits of a recurring deposit and an advance scheme. In a chitty, subscribers can bid for an advance, which is a certain percentage of the total denomination of the chitty (sala). In contrast, with a recurring deposit, the advance can only be taken against the amount that has already been deposited.
Understanding Chitty Loans
If there is a delay in bidding due to the draw of lots in the early installments, subscribers have the option to take a chitty loan. This loan helps “bridge” the gap between the subscriber’s immediate cash needs and the wait for the chitty to be awarded.
KSFE Chitty Application Form (Required Details)
- Certificate Registered Number
- Full Name
- Email ID
- Mobile Number
- PAN Number
- Aadhar Number
- GSTIN
- Complete Address
- Signature
You can download the KSFE Chitty Application Form in PDF format using the link provided below. Don’t miss this opportunity to take control of your finances!