Kapil Chit Funds — Fraudulently collecting toward benefit of its Health Club
I V.padmavathi
I am resident of kalwakurthy nagarkurnool dist, I joined as a member in Rs 5, 00, 000-00 chit in kalwakurthy Branch. As I got the bid, I got the amount in the form of cheque excluding some charges like verification charges Rs 1400/-, service tax GSTs Rs 3000/-, but with out my information they deducted 7500 to kalpol Health club for their targets and commission pupose they deducted 7500.
After few days, I requested the manager why you deducted 7500, He told he will send.
Kapil Chits fraudulently collecting money from bidder towards Health Club membership and Insurance 7500.
They have also included one form in bidding form and taking the signature of customer without my concern.
Is that mandatory to take insurance and membership compulsory if you join chit group.(No other chit fund company is collecting except Kapil Chit fund Group
Now I clealred all my 49th installment, and 50 month part payment paid I am due of 7000, .
The Manager says..its fault of old manager and staff they done of target purposes for not providing the information.
I have requested new branch manager to adjust the amount which they have collected in advance so that my due will cleared kalwakurthy branch manager refuses to do that and warns to issue notice to guarantors and also says they will collect all illegal charges as per their wish and deduct the amount from guarantors.
Chit serial number : FKWT10J-16
NAME : V.Padmavathi
I request concerned chit fund regulating authority to esquire all biders about this fraud practice and take necessary action.
Regards
V.Padmavathi
G.santhosh (son of Padmavathi)
[protected]
[protected]@gmail.com
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