Date:21/01/2005 URL: http://www.thehindubusinessline.com/2005/01/21/stories/2005012101810600.htm

Back Margadarsi Chits to sell insurance products

Our Bureau

Chennai , Jan. 20

MARGADARSI Chits Pvt Ltd will soon start marketing insurance products, according to its Managing Director, Ms Sailaja Kiron.

After inaugurating Margadarsi's 86th branch here on Thursday, Ms Kiron said that the chit fund company would get into insurance products sales in 3 - 4 months. The company has over 30,000 agents and 3,000 employees, and has a potential to market insurance products. However, she declined to specify the insurance company with which Margadarsi will tie up.