Quick answer
Is a committee (BC) worth it?
A committee pays zero interest — over the full cycle you receive exactly what you contribute. Early payout slots effectively take an interest-free loan and come out ahead of investing; late slots lend interest-free and fall behind. The planner below ranks every position, shows the break-even slot, and prices your committee against simply investing the contributions.
Committees feel free — but your payout position decides whether you're taking an interest-free loan or giving one. See what your slot really costs vs investing the same money.
Gain or loss vs investing Rs 10,000/month at 12%.
Early slots borrow interest-free from late slots. Break-even: position 6 of 12.
Don't know your position yet? The draw decides everything.
In this committee, positions 1–6 come out ahead of investing at 12%, while positions 7–12 lose. The first slot gains Rs 6,672; the last slot gives up Rs 6,465. A random draw is worth −Rs 0 on average — committees are a zero-interest pool, so early members' gains are funded by late members' losses.
The math above assumes everyone pays every month. The real risk in a committee is that someone doesn't.
As forced-savings discipline, often yes — many people save more in a committee than alone. As an investment, no: it pays zero interest, so late positions forgo the return the same money could earn in savings accounts or funds, and every position carries organizer and member default risk with no regulatory protection.
The first payout position is strictly best in money terms — you receive the whole pot up front, an interest-free loan you repay through later contributions. Each later slot is worth less; positions past the break-even slot (roughly the middle, depending on the alternative return) do worse than investing the same monthly amount.
No. In a standard committee of N members, everyone pays N monthly contributions and receives one pot of exactly N times the monthly amount — a zero-interest instrument. The only economics come from timing: early receivers borrow free, late receivers lend free, and inflation makes late-cycle rupees worth less.
Committees are informal arrangements between private individuals — they are not licensed or supervised by SECP or SBP, so there is no deposit protection or formal recourse if an organizer absconds. That is why this planner includes a safety checklist: vet the organizer, keep written records, and be wary of online committees run by strangers.
The same monthly contribution invested at current double-digit rates — a money-market fund or National Savings scheme — ends the cycle worth more than a late pot. The planner quantifies that gap for your exact committee size, monthly amount and alternative return, and shows every position's real, inflation-adjusted outcome.