What is Chit Fund?A Story by WebsoftexWelcome to Websoftex Software Solutions Pvt. Ltd. a Bangalore based company extending its services in Website Designing, Web Development Chit fund, MLM, Microfinance Software www.websoftex.com·
It
is a contract between the managers, because
the Promoter is named, and also the subscribers, World Health Organization are a part of voluntarily. ·
For
example, 20 members, 20 months, Rs.5000/- a month. Range (the quantity} of members and also the number of months square measure to be constant.
·
Eligibility
for award is decided by auction. All told auctions commencing from the 2d installments, subscribers will bid up to a most of four-hundredth solely.
If quite one subscriber offers
identical discount, the prized subscribers are going to be determined by heap.
·
The
Pooled funds monthly square measure offered to the
subscriber’s at monthly auctions and
also the subscriber World Health
Organization BIDS for the very
best discount is said the
lottery winner and given the
prize quantity on correct security.
·
A
Prized subscriber additionally ought to still pay the subscriptions until the termination of the account.
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Added on December 8, 2017 Last Updated on December 8, 2017 Tags: Chit Fund Software, Chit Fund System, Chit Value, Chit Fund Rules AuthorWebsoftexbangalore, Other, IndiaAboutWelcome to Websoftex Software Solutions Pvt. Ltd. a Bangalore based company extending its services in Website Designing, Web Development, MLM Software, Micro Finance, RD FD Software, Chit Fund, Loan S.. more..Writing
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