Margadarsi Chit Fund - Refund of money
Contact Complainant     7971 Views     Report Spam  
Complaint by: furqaan ahmed on July 25, 2009, 12:21 pm in Banking and Finance

Hi This is to enlighten you that i Hameeda Begum is working women. My hard earned money i invested in Margadarsi Chits (KARNATAKA) Pvt Ltd in the month of February 2009 and my Chit number is LT017XJN-7, i Paid Rs 20,000 when i visited the place in March to Pay my 2nd installment i was asked to pay next month because members seats were not yet filled. Then i realize i my not receive my chit amount on necessity time, because auctions were not at all taken place. So i surrendered my chit to manager Mr Murli & asked the manager Mr Murli he is the person in charge to return back my hard earned money & every month i m visiting Many time to Margadarsi Chits (KARNATAKA) Pvt Ltd but the answer is negative, since it is almost 5 months i m running from pearl to post to get back my hard earned money. Being a widow i invested my money so that i can meet my future financial commitment, thinking that but i did not get any benefit out of my invested money. I m in great financial problem. Begin a widow i request u kindly provide me justices.


Thanking You

Complainant's Goal: I want my money back from Margadarsi Chits (KARNATAKA) Pvt Ltd.
Complainant's Target: Margadarsi Chit Fund
Complaint Location: IndiaKarnatakaBangalore
Would you like to Comment on this Complaint?
By clicking "Post Comment" button, you agree to our Terms of Services and Privacy Policy
Recent Comments
7.
Sat, 17 Aug 2013  Kesav

Please don't join with this Group,this is a big cheating company,i had the same problem.

6.
Mon, 13 Feb 2012  LNT

Yes Ma'am My story also in similar lines like yours . These people tell all the rosy things when getting money and very soon they show the colors. I wonder myself If I select these people once again as my investment destiny for 2nd time. At moment I pray to close this as soon as possible.

5.
Sat, 18 Jun 2011  pradeep

i also have so many problems in margardarsi trichy branch to refund the amount saying many rules

4.
Sat, 25 Sep 2010  karthik

I have the same worst experience with margadarsi. They won't care about needs and can't do even verification in right times.I willl never ever deposit money in margardarsi and suggest the same to my family and friends.

3.
Tue, 06 Apr 2010  lakshmikantha J M

I support this complaint.

2.
Sun, 02 Aug 2009   Message By Complainant furqaan ahmed

I support this complaint.

1.
Mon, 27 Jul 2009  Message from iComplaints.in Helpdesk

An email communication has been sent to Margadarsi Chit Fund on July 27, 2009, 9:09 pm