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నేను కూడా చిట్ వేస్తున్నా....20000 పర్ month only 3% తీసుకుంటారు అంతే....మిగిలినది ఇచ్చేస్తారు.....లాస్ట్ అంటే 10 నెలలు కి 2 laks కార్పస్ ready అవుతుంది....చిట్ మొత్తం లో 20 మంది ఉంటారు.... మొత్తం 20 మందికి అందరికీ 1st month కావాలి అంటే అందరికీ ఇచ్చేస్తారు......లాస్ట్ కి 200000 కట్టేస్తం .....చాలా బాగుంటుంది మాకు.... అన్న డబ్బుకి 2రోజులు ఆగమన్న ఆగుతాడు....service charges లు,gst లు, లాంటివి ఉండవు.....బ్యాంక్ వాళ్లు లోన్ తీసుకుంటే 1స్ట్ చార్జెస్....బ్యాంక్ account లో డబ్బు లేకపోతే 1000 చార్జెస్ వేస్తారు
దయచేసి బ్యాంకు లోన్ ల జోలికి పోవద్దు బ్యాంకు లే పెద్ద మోసం అతిపెద్ద మోసం HDB bank Agriment 36 month's కాని 44 months కట్టాలి అంటాడు, HDB తో మాములుగా ఉండదు మరి
@@pranayraj3474 చిట్ ఫండ్స్ వేసేటప్పుడు వాడు బిజినెస్ ఏమిటి,వాడికి ఆస్తులు ఎన్ని ఉన్నాయి,మనిషి ఎలాంటి వాడో చూసుకుని వేస్తాము....నీ లాగా గుడ్డిగా వెయ్యము ....ip పెట్టటానికి.....
Thank you Sir సర్ చెప్పినట్లు యెవరైనా అప్పు తీసుకునే వ్యక్తి మీరు అడిగిన వడ్డీ ఇస్తామని అంటే ఖచ్చితంగా అప్పు తీర్చాలని అనుకొనే అవకాశం లేదు అదే యెవరైనా అప్పు తీసుకునే వ్యక్తి వడ్డీ తక్కువ ఇస్తామని చెప్పారు అనుకుంటే వారు తప్పకుండా అప్పు తీర్చే అవకాశం ఉంది.
అన్న, వీడియోలో జాగ్రత్తలు ఎక్కువ చెప్పినట్టుంది కానీ చిట్టీల రకాలు,ఎంత కమిషన్ ఉన్న చిట్టి వేయడం బెస్ట్ ఇలాంటివి అడిగితే బాగుండు అలాగే నెక్ట్స్ టైం ఇలాంటి వీడియోస్ చేసే ముందు వ్యూయర్స్ నుండి questions కలెక్ట్ చేస్తే బాగుండు
మంచి సమాచారం ఇచ్చారు. రిజిస్టర్ కంపెనీస్ నిర్వహించే చిట్స్ కి ఇద్దరు ప్రభుత్వ ఉద్యోగుల హామీ ఇవ్వవలసి ఉంటుంది. చిట్ పాడిన వ్యక్తి డబ్బులు కట్టకపోతే హామీ ఇచ్చిన వ్యక్తులు కట్టవలసి ఉంటుంది. అందుచే హామీ ఇచ్చే ప్రభుత్వ ఉద్యోగులు జాగ్రతగా ఉండాలి.
A secured Chit , will definitely gives you a better returns. i have been doing this Cheeti from 2013 and i had good returns compared to bank. we run in our villages -Karnataka.
Chitts are very usefull I had improved very financial status much by chitts every where their is a risk soo better choose nice groups because chitts are monthly savings and getting much amount to the necessity I am getting 190000 by the end of 20 months by paying 175000 by chitts
నా మొదటి ఆర్థిక గురువు గారు Money Purse బుక్స్ రచయిత వంగా రాజేంద్రప్రసాద్ గారిని , స్టాక్ మార్కెట్ గురువు అయిన మిమ్మల్ని కలిపి ఒక వీడియో లో చూడడం ఆనందం కలిగించింది.. థాంక్యూ Money Purse టీమ్
I am one of your old subscriber.First time Mee video la lo matter sarigga Leni video market lo chala type chits unnay.eeyana explain chesindhi konni matrame
Amazing Mantra. Simplified Mantra on how to become and stay Rich. "Sampadinchataniki Televe Thetalu, Srema kaavali Sampadhana Sampadha Kavalante Lekkalu kaavali"
Thank you money team for this video 🙇. Earlier I wasn't able to explain this concept to my parents or chit fund uncle why I invested in MF & stocks instead of chit funds. Now I will just share this video with them & then won't question me going further regarding my decision. Thank again 😃
Chala excitement tho wait chesanu but content disappointed... Not upto MP standard...but it's only my personal opinion.... this might be useful to others.. all the best MP👍
142000 తీసుకున్నాను సార్ 36 నెలలకి నాకు కన్ఫామ్ చేశారు ఇప్పటికి 15 కట్టాను సార్ దీనికి తొందరగా క్లియర్ చేయడానికి ఏదైనా సొల్యూషన్ ఉంటే చెప్పగలరు సార్ చాలా ప్రాబ్లమ్స్ అవుతున్నాయి 🙏🙏🙏
Thank you so much for your efforts and sharing this valuable information. I don't know anything about chit and always wanted to know complete picture about chit and you made me understand completely, not only about chit and also about safety of investment. Thank you so much!
Miru cheptundi tappu andi. Last lo tisukunte around 17.5% interest vastundhi. First nunchi kadutuna 2000rs ni RD la consider chiyali. Last lo vachina amount with what we paid kaadhu.
Thank you for the information about chits benifits & risks .many low middle /middle class people go for chits as bank's ask many documents for even a small amount loan .
Neenu vesey chit different vundi guruji 🤔 Monthly 5000/- katali, 20 months chit, 20X5000=1,00,000. Enni months manam hold chestey anni 1000s extra istharu. So neenu last month lo chit tisukuntey, 19 months hold chesanu kabati 19000/- extra istunaru, andulo 5000/- valla commission tisukoni, 14000/- pay chestunaru. FV formula tho chustey almost 16.5% profit vastundi. Indulo ekadaina calculation mistake vunda chepandi? 🙏🏻 my parents are doing this from past 20 years and now I am continuing it. Please do respond, it may help my family alot🙏🏻.
Hi Sunil garu, as per the numbers you have shared the irr works in this case is 14.67% (no doubt it’s a good return , however remember it’s a unregulated product, in the case of default it will be very difficult to recover your principal +Gain) so add risk premium to it and decide
Very nice presentation sir, but your example is paying 3 in the bank and getting a loan after 3 years even though there is also loss, But sometimes chit helps many people in all situations rather than banks..
Thanks for sharing and educating us sir.... Very very useful information... Every middle class people must watch.... Really appreciate your efforts sir.
Sir I believe Banks correct ga unte chitti ni nammaru.. My personal experience is chitti deniki tiskuntaam anedi imp.. Chitti is bt fr saving r yoelding.. it shud be used as an investment tool.. As sir told middle lo tiskunte it works like huge.. Ipudu madyalo thisthe manaku 1.5rs interest avg vastadi.. Tiskelli business lo invest chesthe dat too business which give profit margin more Dan dat .. simple funda.. Ivanni pakka na pedithe chitti r from age old generations nunchi peddala nunchi vachindi.. soo probably good one
What Rajendra Prasad Garu told is correct. Chits anedi close members madyalo chese vallu. We need to choose them carefully. Janalu antha pichollu kadandi. Calculate chese Chitti vestaru. 20-24 months is what is recommend. Fixed chitti 2.5 lakhs lo you need to pay around 2lakhs over 2 years and you will get 2.5L at the end which is 12% interest per annum. So, ikkada paata padatam undadu. We will ask them before starting chit that we need it only at the last month. That is why most of the moms participate in chits
Thank you Team MoneyPurse for making a knowledge session as always. Can you please share with us a template to calculate the XIRR for chits? Thank you in advance
Chits are best when you bid in the middle and also some times in first month. Less paper work.infact no paper work. Sometimes Organiser can manage even if you delay installments for 2 to 3 months..
I appreciate the effort of MP team. This Vedio was far away from reality, due to the calculation what you shown in the Vedio. Personally I calculated the chit amounts from different people for 20 months and 30 months. It gives a return of 15% PA and if you need to pay them it will be around 20% PA. But risk was very high, we cannot trust a people. I have seen couple of incidents who ran away with money.
I invest in chits and who run known to me in villages, my sister's and relatives will communicate about amount and also they tell about trust worthy of chitti persons. I will tell you if person is trust worthy and everyone pays on time. Chits are best products. I paid 50k per month, 25 months i total paid 12,5L and at the end of 25 month I got 15L. 2.5L profit I do proper calculation and i always take money last where I get good profit. Even if they ask me take 23/24 month I said no. Because if I take 24 month I may lose 20K around. I also invest pata chitti where it's depends on people intrest where my monthly installment is 10K but due to competition i only pay 7-8K per month. Both instance i get 1.7-2Rs intrest for my money. Every month I pay around 70K per chitis. I only invest where I have good trust, second they have to give me last month so I get good profit.
@@karthikd2857 It depends on the people in that chit group. If everyone in the group is financially stable and not interested to bid in the middle, the profit margins would be pretty low..
@@SanthoshVenkata there are two types of chits. One is bid type: you are right people not interested then profit less. Another type is you pay fixed amount per month they do lucky draw then the whoever name comes they have to take amount. In 50K chit first month they give 10L change and end of chit 25 month give 15L. I always take last because I always that kind of agreement. In chits trust is most important
Hi Team, Chit last varaku vunte 15 IRR vasthundhi.. But idhi risky investment, some time you will loose investment as well. Why people are attracting means, easiest way to invest in this… If you take mutual funds.. you need to know at least basics to select the right fund… there is no good advisers in the market..
Hai sai garu, really you are doing a great job by educating the masses. One more point I want to add here that now many nbfcs are giving loans to new to credit customers who are having some cash flows by way of any income generating activity, without any formal records or bank accounts
I used to have 2 chits in Kapil.. Even after chit is completed I had to wait for 6 months to get back my money.. that too if you call Manager, Branch manager, Regional manager regularly.. Beware guys.. only equity mutual funds for long term and debt mutual funds for short term..
Hi sir, is it possible to share an excel sheet by comparing bank recurring deposit and flexi amounts for upto 50 months. So that we can compare the chits that we already paid and take decision moving forward for our future chits. Thanks in advance
As per this video nothing to see for comparision. Blindly close the chits and & open RD's or invest in any organised organisation like banks or post office, if you want to safe your money & save your time.
Video చిట్ అంటే భయపడే విధంగా... bank రికరింగ్ డిపాసిట్ చేయండి అని చెప్పేది గా ఉంది ...brother ...మీరూ చెప్పినంత డేంజర్ గా అయితే లేదు ..చిట్ ఇండస్ట్రీ...
V good information sir...just now I calculated how much I'm paying and how much I'm getting at the end....recurring deposit are vvv best than chits...but nenu already chits vesanu...next time life inka chit veyane veyanu..tq sir
Vanga rajendra prasad is the first person in my life who thought me financial literacy with his books Thanks andi rajendra prasad garu. I am improving my knowledge from money purse thanks a lot money purse team for the great knowledge in your channel.
This video is very useful, Thank you for taken my Request. I need some information in brief. If possible please prepare in this information in Excel Formula. So many times we are treated bad. Please provide in excel formula in Months/total payment/ % Finally Lose or Profit. your old video as calculation with interest/ Monthly instalment calculation sheet with Formula. Same as please prepare in this video Chit Calculation. No information in any Channel. We are Regularly followers Our Money Purse Channel.
Thank you Sai Anna. If possible please make a video related to personal loan interest calculations in Excel, it will be very much helpful to all the people
If you use it as saving scheme it will give 16% irr, if you use it as loan you have to pay @18% 16% is more compared to any of fixed return product available. And 18% is more intrest rate compared to any personal loan. And there is a risk of defaulting as well. So it depends on how you use it. And if you take from finance company 4th month money will be take by company. In that case only 13% irr will workout.
Chits lo oka week late ainaa kudaa sahakaristaru..kaanee banks oka nela loan kattakapothe charges perutho dochukuntaaru and cibil score ni thagginchestaru
Thank you Sai garu for this very informative video. Please also make a video on gold jewellery schemes. The risks and worked out rate of interest. Thanks in advance
