Kapil Chit Funds Complaints & Reviews

I am from a rural area and my bond has been matured on October, 2021 . From the day of maturity i have been going the branch everyday and yet they are not giving my money and finally saying that head office is not giving money and many others are also waiting before you for money.You also wait or do whatever you want & you will not be getting the money. I am seriously in distress as m a senior citizen and i am really in need of money. Lot many people are suffering just because of this Kapil Chit funds. Please help me.My contact Number [protected].

Hi Support,

I have lifted one chit of 200000 rupees almost 1 year 3 month back but amount not handover to me yet, how you guys are doing fraud. I need solution ASAP.

The Manager from Palasa branch has no responsibility to give money and always giving fake commitments.

Sir, I am J Lakshmi w/o J .Meeradasu from Rajahmundry EastGodavari District. My husband was expired. His chit number is FRJT17J-3. His Chit amount was 5lakhs and was auctioned the chit 2 years back. But till date the company has not paid single rupee. The Manager is postponing always and now the branch was locked. Please respond and see that amount to clear immediately. My phone number is [protected]

1, 40, 000/- rupees cheating by branch manager

Im praveen kumar from kadapa, my chit fkpt 59f-9, my last 50th instalement paid on october month, still not recevied my money.Manager not lifting phone call.

I never seen such a worst staff is there in nellore kapil chits ...
Siva kumar manager
Mahesh journal head office
Srinivas journal head office
Sub : My father died due to covid in may month
And his chit is completed in march and its been 1 year .. Still they are saying we dont have money to give you ...
Such a negligence... Its a shame on you kapil chits treating your subscribers as a ### ... One day...

I, B.vijayabhasker chit member of FBLL11J-7 lifted my chit amount in oct 2020 but received the lifted chit amount in August 2021 .I was said that I will be given the interest amount but when I approached balapur branch there was no response.I hereby ask for the interest amount of this 10 months i.e., from oct2020 to aug2021 .

Dear Sir,

I have taken 10 lakh chit, i have paid 22 months EMI, I have auctioned the chit on SEP 2021, it has been nearly 3 months, but my chit amount not received, Management giving silly answers and using false language, I just want to know how many years or months it will take to credit amount in customer account after submitting all documents, I have submitted all documents (FD) three months before (SEP), yet i see no...

Am hari krishna am associate with kapil chits from 2010 to 2021 may. i lifted 10 lkah chit on June'2021 at madhir branch (khammam dist) at the end of the chit term (i.e 50th month) But till now they paid me only 3 lakh out of 9.3 lakh. Every time they told will give 3 days 3 days like that past 5 months. am paid every chit installment with time and any skip of month. but they are not gave chit amount like that pl solve the issue.

Kapil chits is not giving our money, even after completing of the chit. It was 4months completeld ..still they have not given us the money and the manager is always unavailable to meet.

నేను పల్లపోతుల సాంబశివరావు నేను 2015 నుండి కపిల్ చిట్స్ FSPT06F గ్రూపులో నేను నా భార్య పేరుతో 3 మరియు FSPL02G గుపులో 1 చిట్ వేసియున్నాను మొత్తం 4 చిట్స్ డిశెంబర్ 2019 నాటికి పూర్తి అయినవి కొన్ని చిట్ ఖాతాలో 1800 వరకు మా డబ్బులే అదనంగా చెల్లించి ఉన్నాము ఆ డబ్బును వేరే చిట్ కి బదిలీ చేయమని లెటర్ సత్తెనపల్లి బ్రాంచ్ లో ఫిబ్రవరి 2020 లో లెటర్ ఇచ్చినాను కానీ ఆ చిట్ కి జమ చేయ కుండా కాలాయాపన చేసి 2020 డిసెంబర్ లో నాకు ఫోన్ చేసి మీరు ఒక చిట్ లో డబ్బు చెల్లించ లేదు లీగల్ నోటీస్ వచ్చినది అని బెదురింపు దొరణి లో సమాదనం చెప్పి నా దగ్గర 2500 రూపాయలు కట్టించుకొని రశీదు ఇచ్చారు సరే అని నేనే సమస్య దేనికి అని చెల్లించినాను కానీ నాకు చెల్లిచాలిసిన సొమ్ము ఇప్పటికి కూడా నాకు చెల్లించలేదు సత్తెనపల్లి బ్రాంచ్ కి వెళ్ళినా సరైన సమాదనం ఇవ్వటం లేదు కావున నాయందు దయ ఉంచి నా సొమ్ము ఇప్పించవలసినదిగా కోరుచున్నను.

I am a subsriber to Kapil chits with chit no FCUL03J-14 for Rs 5, 00, 000-00 My chit for 40 months was completed in the month of September 2021 and they are not paying my money even today. Despite of repeated requests they are postponing the payment. KAPIL CHIT BRANCH - KADAPA DIST

I am on of the Chit member of your Kpail's chit family. we have participated the auction and lifted. Please find the below details for the same.

Branch : PARGIGI
Group Code : KHP02T12J
Auction Month : 17
Chit Value : 5, 00, 000/-
Discount : 1, 28, 800/-
Bid Amount : 3, 71, 200/-

Running Auction Month: 20

Also we have submitted all the required documents. Please find the below list.

Three Govrnmnet sureties
Bank statement of the member
Aadhar cards
PAN card

After 30-40 days they came back and ask us to provide Salary slips and Three blank cheque's and we have submitted the same within 8 days. Still we have not received the cheque as we have crossed more than 90 days (when you count from first step document submissions) and 25+ days (when you count from second step document submission).

As it's taking more time, I just want to know from the higher authorities of the KPIL CHITS company as to whether any time frame was fixed for payment the monthly subscriptions on time without delay. As per the law there is time frame for this type of chits. So far i paid the monthly subscription amount on time washout delay. So, let me know how long i have to wait to get my bid amount. Where is the lapse ... is it on the part of the branch people.. or on the part of organization. Do some thing before people loose their trust over the Company and reach out to consumer forum.

Please look in to this and relove the issue ASAP.

Dear Sir I am parimi triveni da a chit in jaggayyapeta branch i am lift the chit in july month now till i am not received payment

Sir my name is G Amarnath lal and i had chit on my wife name G Madhavi FART23F-36 AT at Anantapur, Ram Nagar Branch. My Chit is completed on Apr 2021, After that no response from Agent and Manager they are not lifting the phone, at least they should attend the phone call and convince the customer, we are feeling insecure due to this act. How can we trust and have more investment in your company. Your company should not keep such fraud employees. Please response my call .

DEAR SIR

I am sivaprasad Balapur Kpail chit fund Branch service not responding UN satisfied, (1 )A vasundhara chit group no KHB03L14J-6 Deposit 400000/- But 1.5% Interest 2 Months Not received??? Why??? I am trying daily call to you (Manager Rajesh), One month received amount Rs 4414/- N0T Satisfied, Point no (2) My wife Name chit 25.10.[protected]/- Online Action Lifting But Not respond today date 25.11.2021, Pending 2 MONTH Taken This is not correct, I am trying Officer (Usif) mobile no [protected] completed not responding why? Point 3. I am deposit 10, 00, 000/- interest purpose deposit, documents not clear, chqs not given
Point NO 4 I am trying Branch Manager dealy or head office problem not clear it why? today 25.11.2021 chit lifting not action i will proceed actions as will as do the needful please respond other wise action taken this is my mobile no [protected]

thanks
sivaprasad
[protected]

THANKS
SIVAPRASAD
[protected]

Sir my name is G Amarnath lal and i had chit on my wife name G Madhavi FART23F-36 AT at Anantapur, Ram Nagar Branch.My Chit is completed on Apr 2021, After that no response from Agent and Manager they are not lifting the phone, at least they should attend the phone call and convince the customer, we are feeling insecure due to this act. How can we trust and have more investment in your company. Your company should not keep such frude employees. Ple response my call .

Good evng
This is praveen pittala am 10l chitt meber in kapil kakathiya branch warangal..chit no- FRDT12P-8

Iam lifting my chitti 28th September. And i submit my documents 16th oct then tha verification process complete 17th November... In this case how many days to wait my full amount will credit in my ac.. please clarify me

Dear sir/ madam, This is Kunsoth Gopal, I have two chints in nizamabad-3 branch with the value of 1 lakh & 5 lakh .

Recently i lifted one of my chits ( No is KKN03T15J-38 ), chit value is 5 lakhs. When I am going to submit sureties they said insurance is compulsory . Sir Actually we don't want any insurance because we have already some other insurance.
If insurance is must please give me any valid copy from IRDAI,
Regards
k Gopal
[protected]

I wont expected this email when i joined the Kapil family 11 years back . I put lot of 25 lks, 10 lks, 5 lks chits and most of them were completed and few of them are in completing stage and also have the fixed long term deposits with Kapil Chits KamaReddy Branch . Recently we put the 25lks chit and paid one month Premium also but due the Covid-19 it effeted our lives also .Like It effected to entire world and it effeted us also. We never thought that we will miss few installments based on our financial status. Like a said its life anything can happen.

We requested KamaReddy Reginal Manager and the reply we got from him was so rude. How come he will respond to the client who is trust worthy for 10 years . Its not small time rite . We never got the issue and how come person can not understand the situation . We are telling we will pay the money with penalty if it required but he continully telling that you will lost the money (50K) what ever you apid and its company policy