KSFE Chitty Application Form Malayalam

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KSFE Chitty Application Form in Malayalam

Download the KSFE Chitty Application Form in PDF format here. Chitty is a unique scheme incorporating the aspects of a recurring deposit and an advance scheme.  In chitty, the subscriber has an opportunity to bid and avail of advance which amounts to a certain percentage of the total denomination of the chitty (sala), whereas in recurring deposit the advance can be availed only on the paid-up amount.

In case bidding is delayed due to the draw of lots in the initial installments, one can resort to availing of a chitty loan, which is a loan that “bridges” the gap between the need of the subscriber for money and the delay in the chitty getting prized.

KSFE Chitty Application Form (Required Details)

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