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Advantage
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- Chit funds are not affected by market fluctuations
- It inculcates the habit of compulsory and regular savings
- It earns dividends every month. So the nett rate of return proves to be attractive
- It is much easier and faster to get a lump sum loan than a regular bank in case of an emergency
- From a low-income homemaker to a businessman, anybody can join a chit fund
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