What a chit fund is actually paying

A chit hands back a lump that looks bigger than the instalments adding up to it, and the difference gets called profit instead of a rate. Enter what goes in each month and what comes out, and this gives you the rate.

Start from a common shape

Return they quoted you (%)Leave blank if they never said

What you pay

Each payment (₹)

How often

For how many years

What you get back

Fill in whichever applies. A plan that only pays at the end needs the maturity row alone; one that pays you every year needs the payout row too.

Each payout (₹)

How often

From year

To year

Amount at the end (₹)

Paid in year

If it includes life cover

A policy is cover and investment in one parcel, and it is only fair to price the cover separately before judging the investment. Skip this if there is no cover.

Life cover included (₹)

A term plan for that cover costs a year (₹)

Compare against

Your income tax slab (%)

FD rate (%)

Index fund, a year (%)A long-run guess, not a promise

Inflation to measure against (%)

What I get back is tax‑free

The same engine with the usual numbers already filled in: anything at all · a ULIP · a guaranteed income plan · a chit fund · a company deposit or NCD. If you have the policy document itself, with the sum assured and the bonus rates on it, the endowment calculator works from those instead.

Not connected with any insurer, bank or company, and nothing here is a quote or a recommendation. Every figure above is one you type in; this only does the arithmetic on them. Bonuses and “expected” returns shown in an illustration are usually not guaranteed — enter the guaranteed figures if you want the floor rather than the hope.