How a committee works
With 10 members paying Rs 20,000 a month, the pot is Rs 200,000. In month one, member 1 receives Rs 200,000; in month two, member 2, and so on until month ten. Everyone pays Rs 200,000 in total and receives Rs 200,000 once.
- Pot = members × monthly amount.
- Duration = number of members (in months).
- If you take turn k, you will have paid k × monthly amount by the time you are paid.
Common uses
People in Pakistan use committees to save for weddings, Eid, school fees, a motorcycle, a down payment on a car, or stock for a small business, without taking an interest-based loan.
Frequently asked questions
What is a committee (BC)?
A committee, also called a BC or ROSCA, is a group savings scheme. Every member pays a fixed amount each month, and each month one member receives the whole pot, until everyone has had a turn.
Is it better to take an early or late turn?
An early turn is like an interest-free loan: you get the full amount now and pay it back monthly. A late turn is like disciplined saving. Either way you receive exactly what you pay in.
Is a committee halal?
A standard committee where everyone receives exactly what they pay in, with no extra charges or bidding for turns, is generally considered permissible because there is no interest. Schemes where people pay more for an earlier turn involve interest-like gains and are viewed differently.
How do I reduce the risk of a committee?
Join only with people you trust, keep a written schedule shared with all members (you can share this page), and have the organiser keep a simple record of payments.
Related calculators
- Car loan calculatorWork out the monthly installment, total markup and full cost of car financing in Pakistan from price, down payment, rate and tenure.
- Salary tax calculatorCalculate your monthly income tax and take-home salary under the 2026-27 budget, and see how much you save compared with 2025-26.
- Zakat calculatorCalculate zakat on gold, silver, cash, bank savings and business stock, with nisab checked against today's silver or gold price.
- Construction cost calculatorEstimate the cost to build a house in Pakistan per square foot: grey structure, finishing and contingency, with 2026 Lahore rates.
Sources
- Rotating savings and credit association (ROSCA) model
This calculator gives an estimate for guidance. It is not official advice. Rates and rules change, so confirm important decisions with the relevant authority or a qualified professional. See how we calculate, or report a mistake.