Kapil Chit Funds — Chit fund beggars

 
5 Reviews
Mncl, Adilabad District, Andhra Pradesh, India
 soma
This Kapil chit fund buggers, beg to open a chit, and when we draw the chit, they make the process a rigma role and will never give us the money, and it is our money.

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Complaint comments  4 Comments     Updated: Share0Tweet0

Comments

Hi, My name is Vijaya from Hyderabad... I would like to bring to all your notice that KAPIL CHITS is worst chit company and the management thinks they can do anything they want.

Story Goes likes this:::

My CHIT commencement was on[protected], period 50 Monthsand the value is for 5 lakhs. This chit was for my Daughter's marriage. I went to Kapil Chits Dilshuknagar Branch... there one of the employee or broker told me that he will get me the chit in 3 months if I pay him Rs.10, 000. I paid him and he vanished after we booked a slot of 5 Lakhs with Kapil Chits.

After payhing 27 Months .. My daughter's marriage got settled and I went to the auction. Somehow I managed to get the chit for a amount of 1.05 Lakhs,

Its time for formaliites... I gave them the surity of my 4 Govt Teachers and 2 Pvt Employees who were in a good salary bracket. After 2 months they gave me the amount of Rs.3 Lakhs.

I was stunned to see that I got only 3 lakhs instead of 3.9 Lakhs. I enquired with the Branch Manager.. His name is Mr. Mahendar .. The worst guy I have ever met. He told me madam .. you will get the amount once you pay the complete 50 months. I told him that its my daughters marriage so I am in need of that money, so he gave 80, 000 Rs saying .. 10, 000 would be deducted for taking the entire money. and he also took Rs.7000 for some BOND.

We Paid till 47 months. And stopped paying the rest of the amount because... we wanted to know what has happened to 10, 000 which was deducted while I took the chit amount.

This case of trasferred to collections, we went to enquire the same with Mr. Mahendar...however he was not available...he was shifted to another branch.

These guys started threatening the surity people for the money.

Here comes the final guy... his name is Mr.Vasudeva Reddy... Zonal Manager... doesn't even know how to write zonal manager but he was there in that position.

He talks everyday.. he changes his words every 2 mins...He asked us to pay 36, 000 as final setttlement and the also asked us to give the bond.

He is so rude that he just hangs up the phone on the face.

KAPIL CHITS ARE RECRUTING GOONSSSS AS THEIR AGENTS AND EMPLOYEES.

DOES THE OWNER OR MGMT KNOW THAT THEY ARE JUST SUCKING OUR BLOOD AND EATING THE OF OUR SOCIETY.

DO ANYONE HAS A SOLUTION OF THIS... DOES ANYONE CAN STOP THESE THINGSSSSS.

KAPIL CHITS IS JUST A STRAIGHT FORWARD LOOT ... BEAWAREEEEE OF THESE NOTORIOUS CRIMINIALS...
Agreed
yaa true bloody beggers y do they cheat people either they can beg on roads...
KAPILCHIT FUND SHAMSHABAD branch, branch manager Mr.NarenderReddy and agents cheated to customers and Hyderabad Zonal manager Mr.Anil also in cheater group. I have complaint to all members for my problem but there is no response no reaction. I am K.NARSIMHA CHARY ( GROUP NO.T02J-18) manager giving chit every month his favourate customer's showing to members one number in draw time and changing to other number next day I am asking every month this complaint to branch manager and zonal manager, that two person's answer is what to do we are working this style where are you go we are kings of this branch. this is the KAPIL CHIT FUND 420 COMPANY. dear new members please don't join to this company.

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    Customer satisfaction rating
    3%
    Complaints
    466
    Pending
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    Resolved
    13
    phone
    +91 40 2306 6699
    +91 40 2306 0229
    location
    House No 3-6-9/10, 1st Floor, Above Corporation Bank, Vivekananda Nagar Colony, Kukatpally, Hyderabad, Andhra Pradesh, India - 500072
    Kapil Chit Funds - Chit fund beggars