Subsidiary Company in Gulf Region
Dr. Thomas Isaac said the subsidiary company for starting operations in the gulf region will be registered in January next year. The subsidiary company is expected to act as a window between KSFE and millions of NRIs who want to invest in the profitable and secure chit funds of the company.
He also emphasized the role that government undertaking like KSFE play in ensuring smooth functioning of the state’s treasury. He said that more than a thousand crores of Rupees is needed for the proper development and maintenance of the roads alone. Public sector undertakings, including KSFE, have a huge role to play in mobilizing fund for such development activities.
Pravasi Bandhu Chitties
Some of the special offers and prizes for this scheme are given below:
- Seven Maruti Alto Cars
- Air tickets for seven families (two persons) for to and fro journey from Kochi to Dubai
- Gold coin weighing one gram for one customer in each chitty
- Enhanced fixed deposit rates
- Special loan packages
- Accidental death coverage