Committee (BC) Planner
Plan your monthly savings pool (Ballot Committee)
Savings & Loans
Rs.
2 M60 M
1st12th
Total Payout You Receive
Month 1
Pakistani Rupees
120,000
Total You Will Pay
Rs. Rs. 120,000
Your Committee Role
Early Receiver (Acts like a Loan)
Paid Before Receiving
Rs. Rs. 10,000
Paid After Receiving
Rs. Rs. 110,000
Committees (BCs) are based on trust. While they help with forced savings or accessing interest-free loans, late receivers lose purchasing power due to inflation over the duration of the committee.
Frequently Asked Questions
In Pakistan, most committees operate on verbal agreements and mutual trust among friends, family, or colleagues. While legally challenging to enforce without written contracts, social pressure ensures high compliance.
The organizer (the person managing the BC) is usually held responsible for covering the default, which is why the organizer often takes the 1st payout month as compensation for taking on this risk.
If you get a late slot in a BC, your money sits idle and loses value to inflation. In such cases, putting money in mutual funds, National Savings, or gold might yield better returns. However, a BC provides excellent discipline for people who struggle to save.