{"id":757,"date":"2020-12-14T11:15:08","date_gmt":"2020-12-14T11:15:08","guid":{"rendered":"http:\/\/shanthalachits.com\/investopedia\/?p=757"},"modified":"2021-11-12T07:33:33","modified_gmt":"2021-11-12T07:33:33","slug":"herald-the-new-year-with-the-right-investment-for-you","status":"publish","type":"post","link":"https:\/\/shanthalachits.com\/investopedia\/herald-the-new-year-with-the-right-investment-for-you\/","title":{"rendered":"Herald the New Year with the right investment for you"},"content":{"rendered":"

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There is a lot of optimism and cheer associated with the incoming New Year 2021. After the tough challenges people all over the world have faced in 2020, we are eagerly looking forward to a healthy, happy, and prosperous 2021. Whether it was health concerns due to the virus pandemic, job-related issues due to lockdown or poor business activity, people from all walks of life have faced hardships this year.<\/p>\n

One of the specific challenges people faced in this crisis period was acute financial difficulties. This may be due to unexpected health care costs, managing the household expenses for a few months when out of job, or a working capital crunch in small businesses. Yes, we were caught unawares this time. But it is important for every citizen to learn an important lesson from this crisis \u2013 financial planning for unexpected contingencies. After all, there are no guarantees in life. Let\u2019s be better prepared when the next challenge is upon us.<\/p>\n

Shanthala Chits was deeply involved in supporting the urgent financial needs of several of our customers during these difficult times. We were in a position to quickly respond to our customer\u2019s urgent withdrawal requests from their subscribed schemes. We strived hard to ensure the money reached them within a few quick days with no unnecessary delays and difficulties.<\/p>\n

You might want to read some of our customer stories during Covid times and how Shanthala Chits was able to play the role of their partner in need<\/strong> – read more<\/a><\/strong>.<\/p>\n

A great many of our customers have turned into our mascots and recommended their friends and family to invest in Shanthala Chits. Since the economic recovery phase has begun, we have been getting several enquiries for our new chit fund schemes in the pipeline. We are deeply grateful to our customers for spreading the good word. No amount of marketing effort can equal the positive impact of a happy customer\u2019s sincere recommendation of a product \/ service. Thank You!<\/p>\n

In response to our investor\u2019s demands, we are happy to launch 4 new schemes in January 2021.<\/strong><\/p>\n

\n\n\n\n\n\n\n\n
Scheme<\/th>\nFace Value<\/th>\nMonths<\/th>\nMonthly Instalment*<\/th>\n<\/tr>\n
Value Saver<\/td>\nRs.1,50,000<\/td>\n25<\/td>\nRs.6,000<\/td>\n<\/tr>\n
Smart Focussed Fund<\/td>\nRs.5,00,000<\/td>\n25<\/td>\nRs.20,000<\/td>\n<\/tr>\n
Million Club<\/td>\nRs.10,00,000<\/td>\n25<\/td>\nRs.40,000<\/td>\n<\/tr>\n
High Networth Fund Pro<\/td>\nRs.25,00,000<\/td>\n25<\/td>\nRs.1,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Value Saver Scheme<\/strong> \u2013 Ideal for a small beginning. Especially for first-time investors who want to get familiar with chit funds as a viable investment option. A monthly investment of Rs 6000 per month for 2 years. A guaranteed return at the end of the tenure, or anytime in between if you need it.<\/p>\n

Smart Focussed Fund<\/strong> \u2013 Perfect solution for meeting a specific financial goal in the short term. Anticipating an expense such as a car or college fees, 2 years down the road? Instead of paying a hefty EMI from your hard-earned money, start this chit scheme in January. Make a monthly investment ranging from 15000 – 20000 for 2 years.<\/p>\n

Million Club<\/strong>\u00a0\u2013 A grand way to enter the millionaire\u2019s club! A regular monthly investment for 2 years. And you will have access to about a Million Rupees in 2 years time. Fits very well into your plans for business expansion in the near future, or a daughter\u2019s wedding.<\/p>\n

High Net Worth Fund Pro<\/strong> \u2013 Suitable scheme for High Net Worth Individuals to park your funds for a short fixed duration. Put in a lakh of rupees every month to build a corpus of Rs 25 Lakhs at the end of 2 years. Of course, the flexibility to pull out your funds any time in the middle is always available.<\/p>\n

So have you decided which scheme works best for you? Great! Or do you have any further queries on the investment options? Get in touch with us and we will be glad to help you out with the best way forward. Wishing you a happy 2021!<\/p>\n

ABOUT US \u2013 Shantala Chits<\/strong> is in the business of chit funds<\/a><\/strong> for over 2 decades now. We are a Government approved <\/strong>chit fund company with a 24-year successful track record <\/strong>and thousands of satisfied customers. Shanthala Chits is registered under the Chit Fund Act of 1982, Government of Karnataka. We are one of the most popular chit fund houses based out of Bengaluru, known for our customer satisfaction and secure investments.<\/p>\n","protected":false},"excerpt":{"rendered":"

There is a lot of optimism and cheer associated with the incoming New Year 2021. After the tough challenges people all over the world have faced in 2020, we are eagerly looking forward to a healthy, happy, and prosperous 2021. Whether it was health concerns due to the virus pandemic, job-related issues due to lockdown […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-757","post","type-post","status-publish","format-standard","hentry","category-chit-funds"],"_links":{"self":[{"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/posts\/757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/comments?post=757"}],"version-history":[{"count":29,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/posts\/757\/revisions"}],"predecessor-version":[{"id":790,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/posts\/757\/revisions\/790"}],"wp:attachment":[{"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/media?parent=757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/categories?post=757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shanthalachits.com\/investopedia\/wp-json\/wp\/v2\/tags?post=757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}