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Margadarsi Chits Mobile App Specifications
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Life is easier when you plan with Margadarsi.
Life is easier when you plan with Margadarsi. Guided by the vision and determination of Sri Ramoji Rao, Margadarsi made its humble beginning in October 1962, in a small office with just two people working. To him can be credited pioneering the concept of chit funds in the state as never done before. Now it has become a household name in Andhra Pradesh, Telangana, Tamilnadu & Karnataka.
Far from being a popular form of planning that it is today, chit funds was a little-known concept when Margadarsi unfolded it in 1962. But with the passage of time and experience, chit funds became popular as people discovered in it an ideal way to save profitably and raise money at short notice to meet the contingencies. Many companies followed suit and chit fund companies sprung up like mushrooms. In this vast changing scenario, Margadarsi's unchanging values like the honesty of performance, professional integrity, high quality of service and absolute financial discipline helped in retaining its leadership position.