Overview on Chit Fund Companies and Where to File Complain against it in India?

In a chit fund scheme, a group of people contribute periodically towards the chit value for a duration equal to the number of investors. The amount collected is given to the person, who is either selected through a lucky draw or an auction. Many such companies have started offering lucrative plans. Promising high-interest rates and … Continue reading Overview on Chit Fund Companies and Where to File Complain against it in India?