Total Chit Amount

No. Of Chit members

No.of EMIs (once per every member i.e. 1 x no.of members)
EMI (Total Chit Amount/No.of Members or EMIs)
Chit Organizer commission (5% of Chit amount every month)
Current Bank Interest Rate for Regular FD (Annual)

Totals

Month Number

EMI

Overall EMI Till that

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500

2500
5019
7558
10116
12694
15292
17910
20548
23206
25885
28585
31305
34046
36809
39593
42398
45225
48073
50944
53836

18

50000

Utilizing Chit fund to make more earnings

You take the chit fund in the Fourth month
In the Fourth month you take chit at bid amount of
Amount you get on second month
Monthly Interest if you deposit the amount in bank
No. of Months left in your Chit
Overall Bank interest you earn on the deposit you made of chit amount
Your overall returns from Chits
Say you have two commission chits occurred in overall chit cycle

Worth of benefit you earn from commission chits

Chit organizer commission to be removed
Overall benefit returns from chit
Overall benefit returns from chit (without organizer commission)
Overall benefit
Overall % benefit

50000
20
20
2500
2500
9.25

of members)
EMIs)
every month)
Annual)

Bank interest
Till Date

Overall EMI with interest

Till that Month

19
39
58
78
98
118
138
158
179
200
220
241
262
284
305
327
349
371
393
415

2519
5058
7616
10194
12792
15410
18048
20706
23385
26085
28805
31546
34309
37093
39898
42725
45573
48444
51336
54251

4251

make more earnings

it amount

cle

4
3000
47000
362
16
5797
52797
2

on)

5000
2500
55297
57797
7797
15.6%

Total Chit Amount

No. Of Chit members
No.of EMIs (once per every member i.e. 1 x no.of members)
EMI (Total Chit Amount/No.of Members or EMIs)
Chit Organizer commission (5% of Chit amount every month)
Current Bank Interest Rate for Regular FD (Annual)

Totals

Month
Number

EMI

Overall EMI Till that

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000
15000

15000
30116
45348
60697
76165
91752
107460
123288
139238
155312
171509
187831
204279
220853
237556
254387
271348
288439
305663
323019

18

300000

Utilizing Chit fund to make more earnings

You take the chit fund in the second month
In the second month you take chit at bid amount of
Amount you get on second month
Monthly Interest if you deposit the amount in bank
No. of Months left in your Chit
Overall Bank interest you earn on the deposit you made of chit amount

Your overall returns from Chits

Say you have two commission chits occurred in overall chit cycle
Worth of benefit you earn from commission chits
Chit organizer commission to be removed
Overall benefit returns from chit
Overall benefit returns from chit (without organizer commission)
Overall benefit
Overall % benefit

unt
bers
i.e. 1 x no.of members)
Members or EMIs)
hit amount every month)
Regular FD (Annual)

300000
20
20
15000
15000
9.25

Bank interest Till

Date

Overall EMI with

interest Till that
Month

116
232
350
468
587
707
828
950
1073
1197
1322
1448
1575
1702
1831
1961
2092
2223
2356
2490

15116
30348
45697
61165
76752
92460
108288
124238
140312
156509
172831
189279
205853
222556
239387
256348
273439
290663
308019
325509

25509

und to make more earnings

unt of

bank

you made of chit amount

4
20000
280000
2158
16
34533

n overall chit cycle

its

nizer commission)
fit
efit

314533
2
30000
15000
329533
344533
44533
14.8%