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Krishna (Self employed)     27 May 2018

Documents for chits and funds.

Hi I am investing in local chits and fund program in my childhood friends house.

I am investing Rs 1lakh for 1 year. Apart from cheque can I have any other proof.


 2 Replies

Adv Deepak Joshi +917017821512 (Advocate)     27 May 2018

Don’t invest in this kind of funds, chances that you will be cheated are more.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     27 May 2018

Unregistered chit funds, whose chit value exceeds Rs. 100, are illegal in India.


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