What is Kitty Cash?
Kitty Cash is an online platform where people gather and invest money and help each other.
You must have heard that the women of the locality gather together and do kitty party and play some games like tombola, lucky draw and whose name comes, he used to get cash.
Kitty Cash Online has been started with this model and some packages have been kept in it. One package Rs. 1000/- and second package Rs. 5000/- is Rs. According to this package, your income is earned or you will get the reward.
Kitty Cash Plan Details
Let us know what kind of company or plan Kitty Cash is, because from this 80% will know how much water the company is in or how long it will last. Let me tell you about its plan so that if you do this plan or tell it to someone, it will be of great help to you. I mentioned above that there are two packages in this plan.
First package Rs. 1000/-
When you get Rs. 1000/- then their system automatically makes a group of 10 people. After this, the draw comes out for 10 weeks in this plan.
In the first week Rs. 1100/-, in the second week Rs. 1200/- in the third week Rs. 1300/-
Similarly, it goes on for 10 weeks and the name of the member whose name comes up is deducted from the draw so that he does not get the money again.
Second package Rs. 5000/-
When you get Rs. 5000/- then their system automatically makes a group of 10 people. After this, the draw comes out for 10 weeks in this plan.
In the first week Rs. 5500/-, in the second week Rs. 6000/- in the third week Rs. 6500/-
Similarly, it goes on for 10 weeks and the name of the member whose name comes up is deducted from the draw so that he does not get the money again.
Spot Commission
Direct referral income has been kept here like other MLM plans. That is, if you tell this plan and bring others to this MLM business, then you get 10% of your package as commission.
That is, any Rs. If you activate the package of 1000 / – then you will get Rs. 100/- will be available.
That is, any Rs. If you activate the package of 5000 / – then you will get Rs. 500/- will be available.
Kitty Cash Passive Income
In the kitty cash plan, you also get passive income which is up to level 10, and how it is available
From the first week of the same week Rs. 250/- then Rs. 500/- then Rs. 750/- then Rs. 1000 / – Similarly money is withdrawn for 10 weeks and that money is distributed up to 10 levels.
The thing to keep in mind here is that you have to give one direct joining at each level, only then you will be able to get Kitty Cash Passive Income.
Team Bonus Income
You also get a team bonus in this plan, this bonus will be available according to the size of your team. If you have a team of 10 people then you will get Rs. 50/- to Rs. 500/- can be income and your total can be around Rs. 500/- to Rs. You can earn up to 5000/-.
Similarly, if your team is of 100 people then your income will be Rs. 30/- to 300/- and your total can be around Rs. 3000/- to Rs. You can earn up to 30,000/-.
You get this type of income up to 10 levels, in which you get a chance to earn crores.
Award and Reward from Kitty Cash
This is a very good way for any MLM plan or MLM company and it should be that to increase the morale of its members, they must get some award or reward according to their work because it makes the member work even harder. Which is good for any MLM business.
Keeping this in mind, rewards and rewards have been kept in kitty cash.
Is Kitty Cash Legal or not?
Now let’s talk about whether this company or plan is legal or not. If you see its official website, then this company has not uploaded any kind of legal documents. So that it can be known that it is running this plan in a legal way.
Apart from its official website, no legal documents of any kind have been mentioned in its PDF plan nor has any information been given about its MD / CMD.
However, if you believe the WhatsApp group of their investors or see the YouTube video, then the names of their actors are being told in it.
Is kitty cash a scam or not?
Now many people are asking whether this is a Kitty Cash scam or not, otherwise, it is difficult to tell the answer before it gets scammed, but if we look at some things carefully, we can understand to a great extent whether it is a scam or not.
1. The scam is suspected because it has not disclosed any kind of legal documents on any of its official websites.
2. There is no official information about who is the MD / CMD of this.
3. Correct information in the template or theme it has used to build its website
not given.
4. They say that they have partnered with Kitty Cash of India. You will not get any information about this even if you ask Google or their above. Because there is no such website or plan.
5. Currently this company is giving income to its members. If you are thinking by looking at this that the company is legal, then you can see that there are many such companies that ran away after paying money for a year like Bike Boat, Income Booster, JR India, RS Fisdom, etc.
If you look at these points, then doubts are bound to arise. Rest you guys invest as much as you can bear the loss.
Do not invest more and more money by taking a loan from someone else or from the bank.
Will Kitty Cash runs out or not?
If you look at the points given above, then you can think of the answer to whether the company will run or not, if I tell my personal opinion, then this company may be closed in the coming time because
1. It does not have any product and you know that due to not being a product-based company, it does not last long.
2. It does not have any legal documents, suppose if it has the same GST, then this return will not be admitted, if any legal company of this type has complained, then it will not take time to close.
3. Your plan depends on the committee or group of people because their invested money is being distributed among the people, if the joining starts working, then they will not take long to run away or stop.
If you consider all these things, then according to me this company can run away.