I will never suggest any one to become member in margadarsi chits.Unnecessary deductions, improper agent charges even though you are opted directly with margadarsi office. Unwanted penalties imposed without your knowledge and harassment Inthe name of Notice etc.Genuine members will never be valued. Late payment once lift the amount through auction at least minimum one month. If you ask them, there are several excuses that details sent to head office. But one day late chit monthly payment or more several penalties including bank collection charges, agent commission, and cheque bounce charges now a days Rs750/-,
My sincere advise to those investers better go for FD, RD or Start SIP that will fetch more benefits than these types of chit schemes.This iam telling after somany years of experience with margadarsi chits. I have reference of previous chit paid statements. I don't know about Thier salary structure and other mentioned below for rating purpose, but my sincere advise to those investers don't get fooled by becoming investers in this chit company as the benefits are not much. You can't take the money when needed as the case different in Fixed deposit and recurring deposit your money can be withdrawn as per your need.
