Margadarsi chits sets a Rare record

margadarshiThe prominent Chit fund company Margadarsi of Eenadu group has made a rare record. The company started fifty-five years ago and the company’s annual turnover reached to Rs 10,000 crore.

Its is the first Chit fund company in the country to reach this milestone. Besides the Telugu states, the company has branches in Tamil Nadu and Karnataka. They are expanding their business by setting a target of Rs 20,000 crore by 2015.

Managing Director Shailaja Kiran said. Since 1995, Margadarshi has grown 26 times in the Ramoji Group. The faith of the people is their investment .