Chit Value
₹1,00,000
Duration
25 Months
Members
25
Monthly Range
₹2,883 – ₹4,083
Total Payable
₹85,864
Maximum Prize Available
₹95,000 (Month 25)
Month-wise breakdown
Month 1 prize is reserved for the Company (Foreman).
| Month | Monthly Due (₹) | Prize Amount Available (₹) |
|---|---|---|
| 1 | ₹4,000 | Company (Foreman) |
| 2 | ₹2,883 | ₹65,000 |
| 3 | ₹2,923 | ₹66,000 |
| 4 | ₹2,963 | ₹67,000 |
| 5 | ₹3,003 | ₹68,000 |
| 6 | ₹3,043 | ₹69,000 |
| 7 | ₹3,083 | ₹70,000 |
| 8 | ₹3,131 | ₹71,200 |
| 9 | ₹3,139 | ₹71,400 |
| 10 | ₹3,147 | ₹71,600 |
| 11 | ₹3,203 | ₹73,000 |
| 12 | ₹3,259 | ₹74,400 |
| 13 | ₹3,315 | ₹75,800 |
| 14 | ₹3,379 | ₹77,400 |
| 15 | ₹3,443 | ₹79,000 |
| 16 | ₹3,507 | ₹80,600 |
| 17 | ₹3,571 | ₹82,200 |
| 18 | ₹3,635 | ₹83,800 |
| 19 | ₹3,699 | ₹85,400 |
| 20 | ₹3,763 | ₹87,000 |
| 21 | ₹3,827 | ₹88,600 |
| 22 | ₹3,891 | ₹90,200 |
| 23 | ₹3,955 | ₹91,800 |
| 24 | ₹4,019 | ₹93,400 |
| 25 | ₹4,083 | ₹95,000 |
Branch availability
Madurai
Required documents
- ID proof (Aadhaar / PAN)
- Address proof
- Recent passport-size photo
- Income proof (if applicable)
Important terms
- Plan operates under a registered chit agreement.
- Auction discount and dividend are subject to monthly outcomes.
- Foreman commission applies as per the agreement.
- Members must pay monthly instalments on time to avoid penalty.