How Chit Fund Works ? | How to Calculate Interest on Chit Amount | Chit Fund Explained in Tamil

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How Chit Fund Works ? | How to Calculate Interest on Chit Amount | Chit Fund Explained in Tamil

Chit funds are a type of financial arrangement where a group of individuals come together and contribute a fixed amount of money at regular intervals. The total contribution forms a common pool or "chit," and the participants take turns receiving the entire pool amount through an auction or lottery system. Chit funds are often used for savings, investment, or to meet specific financial goals.


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DISCLAIMER
We are not SEBI Registered and this video is for educational purposes only and should not be considered as financial advice or an endorsement of specific investments. It is essential to conduct thorough research before making any investment decisions.