Friday, October 11, 2013

Want to join 10000 x 100 KSFE chitty?

KSFE Kilimanoor branch is starting Rs. 10000 x 100 - 10 lakhs chitty. We thought of sharing the news because it is a highly beneficial chitty. And it is part of KSFE Bhagyavarsha chitty scheme too. Read more about this KSFE chitty from this page.

Call 9446002081 for more details.

This is Kilimanoor branch's notice (Click on the notice to enlarge it).




Sunday, September 22, 2013

Chit-App: Our App to join KSFE chitties

We have created an app. It is still in the early stages. If you have a smartphone, please try it out and send us your feedback.

For mobile website app of KSFE Attingal Evening branch: http://ibuildapp.com/app-401686-Chit-App+KSFE+Attingal+Evening
Or scan QR code to open it on your mobile browser:


For Android app of KSFE Attingal Evening branch: http://ibuildapp.com/app.publishing1.php?action=download&app=637679
Or scan QR code to download the app:

Sunday, September 15, 2013

Happy Onam

KSFE Attingal Evening Branch wishes you all a Happy Onam and Prosperous Future.


We humbly remind our readers to join KSFE Bhagyavarsha Chitty scheme.

Thursday, September 5, 2013

KSFE Bhagyavarsha Chitty: Registration started


We welcome all our readers to join KSFE Bhagyavarsha chitty. You can join in any of the following KSFE chitties:

Rs.100000 x 30 months - Rs. 30 lakhsRs
Rs. 25000 x 40 months - Rs. 10 lakhs
Rs. 10000 x 50 months - Rs. 5 lakhs
Rs. 10000 x 30 months - Rs. 3 lakhs
Rs. 5000 x 40 months - Rs. 2 lakhs
Rs. 2000 x 50 months - Rs. 1 lakhs

Come, join chities with the only government company in chitty business and, if you are lucky, get yourself fabulous Onam prizes from KSFE.  Call 9446002081 or mail to joinksfe@gmail.com.

Friday, August 23, 2013

Attention pravasis: How to benefit from Rupee depreciation



Over the past few months, the value of Indian Rupee against dollar has been depreciating at a fast clip. About six months ago, the value was 45 Rupee per dollar. Now it is 65 Rupee per dollar. The fall is almost 50%.

Effects of rupee depreciation

A variety of reasons have been attributed to this – from signs of financial stability in the USA to economic conditions and policies in India. While the population as a whole is likely to face price hike and other adverse financial effects, pravasis or non-resident keralites are enjoying an effective hike in their salaries or business income, without doing anything extra.
 
Over the last six months, many people find that there has been an average increase of 40% in the amount they sent home. However, the problem is that the inflation and prices too have been increasing. So, when people back home spend the extra amount, there is no real benefit by this 40% increase in the money sent.

How can you get benefit?

The best way is to save the money. There are a variety of saving options: from KSFE chitties to insurance and mutual funds to investment in gold, stocks, and land. Always consider the less risky options. We do not suggest that KSFE chits are the only safe investment options. LIC, for instance, has been offering stellar financial service for quite a long time. Investments in bonds and fixed deposit too are always a safe option.
Some people suggest that this is the right time to invest in stocks as stock market is on a low. We do not endorse that view. Stock markets are too volatile, and it is almost impossible to predict returns at this point. Gold and land are by and large secure and profitable investment options.

On that note, KSFE offers you a special scheme to win gold as well as buy land. If you join KSFE Bhagyavarsha chitties, you can win gold prizes as well as obtain the chitty prize money to buy land.

Join KSFE chits to get the best out of falling Rupee

KSFE has stopped Pravasi Bandhu chitty scheme now. However, still KSFE chitties are the best pravasi bandhu (well-wishers of non-resident keralites) out there. To learn more how to use KSFE Bhagya Varsha chitties to get the best out of the Rupee melt-down, call (0)9446002081 or mail to joinksfe@gmail.com.

Thursday, August 22, 2013

What’s new in KSFE chitties: Why 1 lakh x 30 months chits are low interest loans



There was a time when KSFE chits were low denomination schemes suitable only for the people in the lower to middle income bracket. Almost all people seeking large amounts of money used to go to banks or private lenders.

Over the last five years, KSFE has grown into a financial super market, catering to the needs of people in all income groups. The results have been encouraging. Many branches now start 1 lakh x 30 months chits.

What KSFE chitties offer that others do not

The lowest interest – that’s the speciality of this KSFE chitty. When you take a loan in excess of 20 lakhs, the prevailing interest rate is 12-20%, depending on the lender. That means you will have to shell out a minimum of 2.5 to 4 lakhs as interest per year. For a period of 30 months, you will have to pay something like 6.25-10 lakhs as interest.

When you avail prize money from this particular KSFE chitty, that is of 1 lakh x 30 months, you will get at least 21 lakhs. You will have to pay an amount of on average Rs. 27 lakhs. That means you have to pay only 6 lakhs as interest. That is the maximum amount, which in any case is lower than the minimum amount offered by banks.

Better benefits

Usually, you can get an amount of 25 lakhs or more, if you are prepared to wait for a few months. In that case, the amount of interest and the effective interest rate will be much lower for KSFE chitties than for bank loans or other forms of credit.

Come, join

Please let us know if you want to join 1 lakh x 30 months chitty of KSFE Bhagyavarsha chitty scheme.

Wednesday, August 21, 2013

KSFE to introduce online payment for chitties

Ever since we started this blog, we have been flooded with enquiries regarding online payment option for KSFE chitties. A majority of the enquiries were from non-resident keralities, particularly regarding pravasi bandhu chitty schemes of KSFE.

We can provide a positive news about online payment option for KSFE chitty schemes now. Our chairman, Sri. P.T. Jose, has announced that the online transfer facility would be introduced shortly. He was talking at the inaugural function of KSFE Bhagyavarsha chitty scheme at Kottayam.

We have been making necessary arrangements in our software to facilitate direct online payment to KSFE chitty scheme.At the beginning, the facility will be through selected banks. We can all expect the official announcement of this happy news soon.

Postscript (dated 24-8-2016)

Good news: Our online transfer facility has started. Contact the branch for more details. Call 9446002081 or send mail to joinksfe@gmail.com for learning more.

Monday, August 12, 2013

KSFE Bhagyavarsha chitty – Special Onam scheme from KSFE





Onam comes. It’s time for another special KSFE chitty scheme. Bhagyavarsha chitty scheme is underway from August 17, that is Chingam 1, an auspicious day for all Malayalis. As usual, there are plenty of prizes to be won and offers to avail:

  • First prize: 25 sovereigns of gold
  • Second prize: 10 sovereigns of gold (for seven people)


One gram gold coins for one chosen customer from each chitty under KSFE Bhagyavarsha chitty scheme.
Come, join Bhagyarsha chitties, and celebrate onam with KSFE chitties.

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