Chit Fund Interest and Returns Calculator in Excel

Chit Fund Interest and Returns Calculator in Excel Chit funds is a very widely used investment and loan lending system in India.  In a chit fund, a group of people agrees on a Chit value per head along the duration to arrive at the EMI.  Every month the Chit will be open for auction and people in the group will participate in the auction.  This way whoever, is in need of money that month they will auction for high bid values.  Here I’ve put in a quick Chit Fund Interest and Returns Calculator in Excel sheet that can be handy for […]

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