Tuesday, February 12, 2008

About KSFE & CHITTY

W e l c o m e t o K S F E ...........the Biggest Non-Banking Financial Company in KeralaEnsconced between Manjeswaram in the North and Parassala in the South; Arabian Sea in the West and Western Ghats in the East lies our beautiful Emerald Green State. Thus safely nestled as it may be, it spreads its roots through almost all countries of the world through its diaspora resident in all the nook and corner of the globe. If a bit of exaggeration is allowed, we may venture to say that the "World is run by Keralites".It is estimated that there are over 20 lakhs of non-resident Keralites, sending home over Rs. 25000 crores per annum. This remittance, without an iota of doubt forms the backbone of Kerala economy. In order to honour the NRKs for their laudable contributions to the economy of Kerala, KSFE has now launched "Pravasi Bandhu Chitty" Campaign.All permanent residents of Kerala who are relatives, friends and associates of NRKs can enroll in these Chitties.This Campaign offers Fabulous Prizes, Higher Interest for Deposits and Attractive Loan PackagesPrize Offers# 5 Maruti Alto cars to subscribers selected through draws.# 50 to & fro air tickets to UAE to subscribers selected through draws# 250 gold coins of 4 gm. each to customers selected through draws.HIGHER INTEREST RATES FOR DEPOSITSSubscribers depositing their prize money as Chitty Security Deposit in Trust, i.e. deposits on which lien is noted as security towards the future liability of Chitties floated during this Campaign will now be eligible for an interest rate of 10.5% p.a. However this rate is subject to change, but will be more than the FD rates offered by nationalized banks by atleast 0.50% at any point of time. Such high interest earnings will bring down the burden of monthly remittance in Chitty. For example in a Chitty with sala of Rs. 1,00,000/- and remittance of Rs. 2000X50 months, if the prize money is bid for a maximum dividend of 25%, the subscriber will be eligible for a prize amount of Rs. 70000/-. If this amount is deposited in CSDT the subscriber will be eligible for a monthly interest of Rs. 613/-. On transferring this amount to the concerned Chitty the amount required for monthly remittance will be reduced by at least 1/3rd of the monthly remittance. Thus with a total remittance of Rs. 55,000/- to Rs.60,000/-,the subscriber will be able to get back the deposit of Rs. 70000/- at the termination of the Chitty, thus enabling him to earn very high returns.We offer Very attractive Special loan packagesWe offer 4 special loans under this package exclusively for Pravasi Bandhu Chitty Subscribers, in order to fulfill all types of credit needs of the customer.
To enroll e-mail your name and address, the branch you like to enroll and the sala you want
ENROLL NOW

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