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by Suda Bhanu Prasad
Investment Planning

Chit Funds – How much Profit percentage you will get from it?(Telugu)

People from Andhra Pradesh and Telangana cannot resist themselves from Chit Fund Investment. Here, in this article, I  tried to explain the profit percentage that you will get. Chit funds are native(Local) financial institutions in India. The system caters to financial needs by combining processes of credit and saving in one scheme. The chit funds are Indian equivalent to Rotating Savings and Credit Associations (ROSCA). Commonly called as “Save and Borrow” schemes in India. I have seen people investing in a chit to clear existing loan, to buy a home and even for child marriage. Some People invest in making the profit …

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