Chit Value
₹10,00,000
Duration
25 Months
Members
25
Monthly Range
₹28,830 – ₹40,830
Total Payable
₹8,58,640
Maximum Prize Available
₹9,50,000 (Month 25)
Month-wise breakdown
Month 1 prize is reserved for the Company (Foreman).
| Month | Monthly Due (₹) | Prize Amount Available (₹) |
|---|---|---|
| 1 | ₹40,000 | Company (Foreman) |
| 2 | ₹28,830 | ₹6,50,000 |
| 3 | ₹29,230 | ₹6,60,000 |
| 4 | ₹29,630 | ₹6,70,000 |
| 5 | ₹30,030 | ₹6,80,000 |
| 6 | ₹30,430 | ₹6,90,000 |
| 7 | ₹30,830 | ₹7,00,000 |
| 8 | ₹31,310 | ₹7,12,000 |
| 9 | ₹31,390 | ₹7,14,000 |
| 10 | ₹31,470 | ₹7,16,000 |
| 11 | ₹32,030 | ₹7,30,000 |
| 12 | ₹32,590 | ₹7,44,000 |
| 13 | ₹33,150 | ₹7,58,000 |
| 14 | ₹33,790 | ₹7,74,000 |
| 15 | ₹34,430 | ₹7,90,000 |
| 16 | ₹35,070 | ₹8,06,000 |
| 17 | ₹35,710 | ₹8,22,000 |
| 18 | ₹36,350 | ₹8,38,000 |
| 19 | ₹36,990 | ₹8,54,000 |
| 20 | ₹37,630 | ₹8,70,000 |
| 21 | ₹38,270 | ₹8,86,000 |
| 22 | ₹38,910 | ₹9,02,000 |
| 23 | ₹39,550 | ₹9,18,000 |
| 24 | ₹40,190 | ₹9,34,000 |
| 25 | ₹40,830 | ₹9,50,000 |
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.