Chitfund

Chandra Lakshmi Chit Fund P. Ltd.

Chandra Lakshmi offers a wide variety of products to suit
every need. We have the following chit products to
offer. A combination of these schemes is
determined to suit individual needs.

Wide Range Of Schemes


(A) THE CONVENTIONAL MONTHLY AUCTION SERIES
FACE VALUE	DURATION	SUBSCRIPTION	MAX DISCOUNT
Rs. 60,000/-	30 months	Rs.2,000/-p.m.	35%
Rs. 100,000/-	40 months	Rs.2,500/-p.m.	30%
Rs. 300,000/-	15 months	Rs.20000/- p.m.	30%
Rs. 300,000/-	30 months	Rs.10,000/- p.m.	35%
Rs. 750,000/-	30 months	Rs.25000/- p.m.	35%

(B) HIGHER LIQUIDITY-FORTNIGHTLY AUCTION SERIES
FACE VALUE	DURATION	SUBSCRIPTION	MAX DISCOUNT
Rs.1,50,000/-	60 fortnights	Rs 2,500/-p.fortnight	35%
Rs.1,50,000/-	30 fortnights	Rs 5,000/-p.fortnight	30%
Rs.2,50,000/-	80 fortnights	Rs3,125/- p.fortnight	40%
Rs.7,50,000/-	60 fortnights	Rs12,500/- p.fortnight	40%
Rs.7,50,000/-	60 fortnights	Rs12,500/- p.fortnight	40%

(C) MAXIMUM LIQUIDITY - WEEKLY AUCTION SERIES
FACE VALUE	DURATION	SUBSCRIPTION	MAX DISCOUNT
Rs.1,00,000/-	100 weeks	.Rs1,000/-p.week	32%
And Multiples of the above

(D) MAXIMUM DIVIDEND SERIES
FACE VALUE	DURATION	SUBSCRIPTION	MAX DISCOUNT
Rs.1,50,000/-	50 Auctions	Rs3,000/-p.auction	40%
Rs.2,50,000/-	50 Auctions	Rs5,000/-p.auction	40%
This series is front loaded with 15 dividends and the effective duration of this series is 3 years

(E) CHILDREN BENEFIT CHIT LINKED SERIES
FACE VALUE	DURATION	SUBSCRIPTION	MAX DISCOUNT
Rs 1,20,000/-	100 MONTHS	Rs 1,200/-P.M.	60%
Feature packed, IT friendly, capital building scheme for children

(F) PROPOSED - FOR THE CORPORATE SECTOR
The Corporate Pool Finance, to augment the resources of the corporate sector. Group Schemes, for the employees belonging to the same organisation.

The number of subscribers in each series is equal to the duration of the chit. For eg.. the 100 week series has 100 subscribers.

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