Dec 07, 2007 06:17 PM
36810 Views
RMP Infotech has started a MLM business, joining a knot with Bajaj Allianz ULIP, TVS scooters.... and a lot many products. On the first look it seems to be helping a lot many Indians in your chain, but obviously at the COST OF YOUR INVESTMENT. The calculation is really complex. The 2 products which I went for (via RMP registration): Bajaj Allianz NewFamily Gain Plan and Two wheeler / scooter coupon.
The first one is more of CHARITY than investment, as 70% of our investment is not allocated in the Funds (30% allocation). Out of Rs. 12000/=; only Rs. 3546 /= is going to be invested out of the first premium; that too in a bull Indian market. The second one, is a coupon which is only valid for the VS scooters (less performing in the market). For HONDA and other 2 wheelers, this is not the value as expexted... Loss of around Rs. 1500 /=. Finally, RMP registration is just helping the rich to become richer... not what it's targetted to... it's just another MLM with a new name...
Moreover RMP product costs are not supposed to be reverted, no reversal procedure; if at all the customer does not like the product. In one sentence, DO NOT GO FOR RMP REGISTRATION...
