Chit Fund Calculator
Calculate chit fund returns instantly. See the amount payable to the winner, dividend per member, effective annual return, and your month-by-month cashflow. Includes a clear explanation of how chit funds work. Free, no sign-up.
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How to Use
Enter chit details
Type the total chit amount, number of members/months, and the commission % charged by the foreman.
Set your bid
Enter the monthly bid you would commit to and the month in which you intend to win the pot.
View the winner's result
See how much you would receive, your total discount, net gain, and effective annual return if you win.
Compare the non-winner scenario
Check the dividend and the reduced installment that other members receive in non-winning months.
Export the schedule
Download a month-by-month cashflow table in CSV, XLSX, PDF, or all formats.
Features
Winner + Non-Winner View
Computes what the bidder receives and what other members get, side by side.
Effective Annual Return
Converts the chit's effective return into an annualized % for winner and non-winner scenarios.
Month-by-Month Schedule
Full cashflow table: installment paid, cumulative paid and received, and net cashflow per month.
How a Chit Fund Works
Built-in step-by-step explanation of the rotating-savings model, with formulas at a glance.
Frequently Asked Questions
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