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50,000 Chit - 20 Months: S.No Month Monthly Amount Chit Amount

The document outlines a 20-month chit fund scheme where Rs. 2,000 is contributed each month towards a total chit value of Rs. 50,000. The table tracks the monthly contributions and accumulating chit amount over the 20 months. A note mentions that Rs. 2,500 must be paid each month after the chit is lifted.

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6K views1 page

50,000 Chit - 20 Months: S.No Month Monthly Amount Chit Amount

The document outlines a 20-month chit fund scheme where Rs. 2,000 is contributed each month towards a total chit value of Rs. 50,000. The table tracks the monthly contributions and accumulating chit amount over the 20 months. A note mentions that Rs. 2,500 must be paid each month after the chit is lifted.

Uploaded by

kchinni_428
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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50,000 Chit 20 Months

S.No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Month
10-Jul-13
10-Aug-13
10-Sep-13
10-Oct-13
10-Nov-13
10-Dec-13
10-Jan-14
10-Feb-14
10-Mar-14
10-Apr-14
10-May-14
10-Jun-14
10-Jul-14
10-Aug-14
10-Sep-14
10-Oct-14
10-Nov-14
10-Dec-14
10-Jan-15
10-Feb-15

Monthly amount
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000
2000

Chit amount
38000
38500
39000
39500
40000
40500
41000
41500
42000
42500
43000
43500
44000
44500
45000
45500
46000
46500
47000
48000

Note: Rs 2500 per month have to be paid after lifting the chit.

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