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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.
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.....
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.
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
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
Amazing Mantra. Simplified Mantra on how to become and stay Rich. "Sampadinchataniki Televe Thetalu, Srema kaavali Sampadhana Sampadha Kavalante Lekkalu kaavali"
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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
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 😃
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 .
Thanks for sharing and educating us sir.... Very very useful information... Every middle class people must watch.... Really appreciate your efforts sir.
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!
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..
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
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
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
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
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.
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
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.
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👍
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.
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
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..
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
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
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.
142000 తీసుకున్నాను సార్ 36 నెలలకి నాకు కన్ఫామ్ చేశారు ఇప్పటికి 15 కట్టాను సార్ దీనికి తొందరగా క్లియర్ చేయడానికి ఏదైనా సొల్యూషన్ ఉంటే చెప్పగలరు సార్ చాలా ప్రాబ్లమ్స్ అవుతున్నాయి 🙏🙏🙏
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..
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
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.
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..
I have below scenario 1. I know a chit fund organiser whom I know as trust source and where they are charging commission 4% and the table they designed we are getting XIRR 8.5% and they give chit in cash which again is tax free( as this is hypothetical even it not legal lets consider this example) and my effective returns are around 11% to 12% now. Is there any product which gives me 11% to 12 % stable returns in term of 20months?
Thank you very much Sai gaaru and V Rajendra sir who are all handling chits if they have seen this video dam sure people will complain on this video. That much clarity you have given on chits. Paying chits one of the bad habit for mental and financial health.
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3mn
Google sheet share chey anna chitti kattinappudu every month amounts substitute chestey manaki entha Labam vastundo teliselaga
A
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.
చిట్టి లు వేసి నేను మాత్రం అప్పులు తీర్చను
మరియు
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దీనమ్మా LIFE TIME SETTLEMENT రా 💥💥
True
rolex
sir
Rolex
అంత వుందా మన దగ్గర బ్రో
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
Okkasari ip pettamanu
@@pranayraj3474 చిట్ ఫండ్స్ వేసేటప్పుడు వాడు బిజినెస్ ఏమిటి,వాడికి ఆస్తులు ఎన్ని ఉన్నాయి,మనిషి ఎలాంటి వాడో చూసుకుని వేస్తాము....నీ లాగా గుడ్డిగా వెయ్యము ....ip పెట్టటానికి.....
అంటే only 6,000 తీసుకుంటారా?
Great
మా చిట్టి అయితే 10k to 15k తీసుకుంటారు
ఏ కంపనీలో చిట్టి కడుతున్నారు
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.
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
Yes bro
Yess
Money purse book lo rasadu clear ga
So malli book📕 konalemo
Yes
సార్ చీటీ వేయడమే వేస్ట్ మేము కూడా కట్టి నష్టపోయాం చీటీలు వేయకండి అందులో లాసు తప్పితే లాభం ఉండదు
థాంక్స్ బ్రో నేను కడదాం అనుకున్నా నెక్స్ట్ మంత్ నుండి మంచి ఇన్ఫర్మేషన్ ఇచ్చారు
Most welcome
Finally I got one video to sent to my mother who says everytime to invest in chits which I deny. Thanks MP team🙏
You are doing wrong
bro veedu cheppindhi wrong. Chits lo last varaku vunte vacchinantha labham inka e investment lo radhu. nenu 5 years nunchi kaduthunna.
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
@@Divs1118 nice stupid. Bank RD will give a better return than this.
Amazing Mantra. Simplified Mantra on how to become and stay Rich.
"Sampadinchataniki Televe Thetalu, Srema kaavali
Sampadhana Sampadha Kavalante Lekkalu kaavali"
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
Same sir
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
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 😃
Super bro 😂😂
Please share their opinion on this video ! 😊😊😊😊😊😊😊😊😊😊😊😊😊😊
చాలా బాగా చెప్పారు సార్, అందరికి ఉపయోగపడుతుంది.
హాయ్ ఇ లాంటి వీడియోస్ కు మీకు చాలా థాంక్స్....
7:00-7:40 important talk sir thank you Sai Anna
Content tho picheskistunaru bayya meeru💐 Inka evaraina chit ante chitakkodata😅
Hi Anna nenu me channel oka 3 years nunchi follow avutuna chala Baga information istaru .Naku chit related chala doubts unde so thanks for the info
ఇటీవల gold shop show rooms లో 11 నెలలకు installments కడితే , తిరుగు లేకుండా ఆభరణం ఇస్తున్నారు కదా, అది లాభమా?నష్టమా? తెలుపగలరు
Chala benefit untundi
Ladies kachitam ga benefit nae
Correct topic now a days for everyone... 👍
Nastam
😂@@irpabhuvaneswari7646
అక్కడ చూడు కాకుండా "enga paaru" అనాల్సింది Chandu గారు rajani style లో.... ,😉
Telugu lane baagundi
Felt the same😂
😂😂😂😂
@@Curley_Tales_but_U_cant_C avunu bro..
తెలుగు లో నే బావుంది
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 .
Middle class families ki always chits good..
Super good
Thanks for sharing and educating us sir.... Very very useful information... Every middle class people must watch.... Really appreciate your efforts sir.
Most welcome
Tq anna
Very good explanation and information briefly explained about truths people should think, good videos keep doing videos regularly hattsoff sirs
chaala manchi information sai garu.. really appriciate it... thank you MP team
Most welcome
Good advice, thank you 👍🙂
thanks anna chala manchi suggestion icharu maa parents ki cheppachu.
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!
Adigina venatane *Chitti scheme* meeda video chesinanduku, Sai Anna meeku & mee team ki shathakoti vandanalu.🙏🙏🙏
మంచి వివరణ ఇచ్చారు. మానేజర్ గారు.
Nenu vanga Rajendra Prasad Garu books 📚 chadivanu chala baga vuntai and videos Kuda chala baga vuntai
Thank u annaya🙏🙏
Really valuable information.. Thanks for this video..
Chala interesting topic explains chesaru sir. Tq for money purse team and Vanga Rajendra Prasad sir
ఈ వీడియో కోసం వెయిటింగ్. . thanku andi
Most Welcome andi
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..
Good Evening 🌜🌜🌜🌜🌜 Soooooo Super Chite Information Video 👌👌👌👌👌👌👌 Thankyou So Much SaiSir and MP Team 🙏🙏🙏🙏🙏🙏🙏🙏
Most Welcome andi
Great to see Rajendhar prasad garu
Very informative session. Good understanding on Chits
Thanks @Vanga Rajendra prasad garu and @moneypurse Sai Krishna garu& Team
Most welcome
Ayyooo chala baga chepperu.... Miru mee అనాలసిస్....
Cheetila chinni na.....😂😂😂😂😂😂....Paiga...risk ledu rusk ledamta....fun and informative.. super video Sai Anna.....
Super vedio tqs saigaru for d valuable information 😍 💰
చిట్స్ వేయడం మంచిదే, కానీ కంపెనీలలో ఇన్వెస్ట్ చేయకపోవడం బెటర్..
మంచి వాళ్ళను చూసి చిట్స్ వేయాలి..లేదంటే అస్సాం
Thank you Sai garu & team, I read all the money purse 3 books, suprb books like ur videos 👌🏻👌🏻👍👍
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
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
Hi.. money purse Team Good evening..good content.👌
Thank you andi
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
Guest is knowledgeable and accurate in his presentation of information
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🙏🏻.
you are losing lot , stop chit and invest in secured things
@@mahesh84 I want to know how I am getting loss? Can you please explain?
Yes outside chit when you hold till last month then you will get 16 to 18% you can calculate using sip calculation
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
@@MoneyPurse adhani lanti shares damal annav.akkada risk undhi ( ikkada 20 years chitti running antunnaru kadha
Fun with information is the concept of yours is really appreciated. Thanks for the information and good performance by all team. 👍👍👍
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.
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
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.
Great knowledge share with us thank you chanu Anna 💯🙏
2019 lo money purse books 1,2,3 chadivanu appude you tube lo verhikanu appudu dorikindi mana money purse channel
Rendu chala use ayyae
No one is comparable with our sir. We requested for video but we got all information regarding chits.
Thank you so much to our team..
Thanks for the informative video, if possible please provide a calculator related to chits, so that we ourself understand the returns.
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👍
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.
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
Nice useful discussion. Thank you.
Broken Chit తీసుకోవటం లాభమా నష్టమా?
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..
Popular chits is 20 months* 5000 = 100000 and we will get 115000 so it's around 18 percentage Anna
Correct
Anyone can explain this
Right
Hi Sai Garu & Money purse team🥰,
Thank you for providing detail analysis on Chitt funds😊🤝.
Really helpful & useful video for all👏😊🥰🤝
Most welcome
అవును సార్ మీరు అన్నది కరెక్ట్,
నేను కాల్క్యూలేట్ చేశాను, టోటల్ చిట్టీ నీ లాస్ట్ వరకు లెక్క కట్టి చుస్తే నా చిట్టిలో 5.62 ఇంట్రెస్ట్ వొచ్చింది.
Great insights Team. If possible please cover those chit companies which are registered , running good and has good balance sheets.
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
Very good video sir very useful video sir thank you
Awesome Information Brother. Thank You TEAM 🙏🙏🙏🙏🙏
Most welcome
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
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.
142000 తీసుకున్నాను సార్ 36 నెలలకి నాకు కన్ఫామ్ చేశారు ఇప్పటికి 15 కట్టాను సార్ దీనికి తొందరగా క్లియర్ చేయడానికి ఏదైనా సొల్యూషన్ ఉంటే చెప్పగలరు సార్ చాలా ప్రాబ్లమ్స్ అవుతున్నాయి 🙏🙏🙏
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..
One of the best videos of wht i seen
Good information on Chits !! Nice one !!
Thank you అన్నా... మాకు ఎంతో ఉపయోగమైన వీడియో చేసినందుకు
Bank lo అంతా సినిమా లేదు sir
మా record చూసి లోన్ ఇచ్చాయివారు లేరు sir
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
Good information 😊🎉
Thankyou very much to this valuable information Sai bro.
సాయి గారు ఇన్ఫర్మేషన్ పూర్తిగా లేదు.ఇంకా క్లారిటీ కావాలి.క్లియర్ ఆల్టర్నేటివ్ చెప్పండి.calculative గ పాడే వాళ్లకు చిట్ వల్ల లాభమే.అది చెప్పండి
Sai Anna, even simple uneducated person can also can understand. Superb
గురువు గారు.....పల్లెల్లో ఇలా ఉండదు సార్.అందరూ Genuineగా ఉంటారు. మాకు company commission ఏమి ఉండదు.కావాలంటే research చేయండి.
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.
Thank you sai anna and team for your efforts 🙏
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..
Vanga Rajendra prasad gari analysis matram 👌.
Super informative video sir, thank you so much
I have below scenario
1. I know a chit fund organiser whom I know as trust source and where they are charging commission 4% and the table they designed we are getting XIRR 8.5% and they give chit in cash which again is tax free( as this is hypothetical even it not legal lets consider this example) and my effective returns are around 11% to 12% now. Is there any product which gives me 11% to 12 % stable returns in term of 20months?
Nenu chit kadutuna, XIRR Ela lekayeyali
Informative video ✨ Thanks Mp team
Most welcome andi
Very informative
Thank you so much Raj sir n mp team..
Introduction super bro
Baaga cheparu anna wonderful thanks lot 😊 ♥️
Most informative video
Sai anna.....Mee nunchi chala nerchukovali anna....meeru every issues ni detailed ga analysis chestaru anna.... thanks Sai and MP team
Sai Anna dwakra groups gurunchi oka small video cheyyandi please 🙏 Anna garu
Mp team please provide proper EXCEL SHEET for chitti. Because Andhra side most chiittis are 20 only
Wat about digital chits, how those are working (siply chits) plz make short video
Thank you very much Sai gaaru and V Rajendra sir who are all handling chits if they have seen this video dam sure people will complain on this video. That much clarity you have given on chits. Paying chits one of the bad habit for mental and financial health.