Kapil Chit Funds Complaints & Reviews

I have a 10 lakh chit in Bhongiri branch yadadri district. The manager is not lifting the phone I have lifted the chit in August 2023 still they are not paying the amount. They are passing the days.

Hi

This is Nama Parameshwar from Nalgonda, Telangana.

I had a chit for 5 lakhs with kapil chits in nalgonda bearing number KTN01L02J-11 which was stared on 31/8/2020. I auctioned the chit in december 2023.

Enclosed a copy for your reference.

But till date we have not received the chit amount. Can you please do the needful.

Thank you.

Parameshwar Nama

Worst kapil chits worst employees Since 3 years they are not returning my documents

The cheque which was provided by the company got bounced. I have deposited 2 lakhs money and i received the 24 cheques with postdated, from which March month cheque got bounced. When I checked with your Hanamkonda branch team there no proper response and they said our HO team is not responding.
Pls resolve my issue on priority else i will go to log a complaint with Chit Registrar for legal action

Contact me at [protected]

Sir,
I have lifted my chit bearing Ticket No. KKA01T15P (Rs. 10.00 Lakhs) at Adilabad branch during 36th auction month which is occurred on 30 Nov, 2023 with Bid payable amount of Rs. 9, 14, 000/-.
I have received a piece meal amount of Rs. 3, 10, 000/- Lakhs only in last 4-5 days inspite of submission of documents in time I.e. Dec, 2023.
I have been paying the chit premium amount regularly and intime and the same promptness expected from your end. The local branch officials telling some cock and bull stories whenever I have asked about the prize money.
Hence, I request you to see that my remaining awarded amount Rs. 6.00 Lakhs shall be released as soon as possible and win the trust of your customers.
Thank you,
Regards,
Ravinder Asuri,
Adilabad Dist., Telangana

Hi Team,

I am Rajesh Kurakula, my mobile number is [protected], Branch name Nakkalagutta-CAO, Group & Ticket KHAT30J-42. I was paying every month chit amount on time to an agent who is stating as an employee in Kapil chits from Warangal Hanamkonda his name is Radha Krishna and his mobile number is [protected]. Even after paying whole amount every month to him when I login using my credentials its showing Due amount of 23, 818.Rs.
Could you please involve in this matter and help us to check where the exact amount which I paid is missing and even I have the Phonepe transactions which I am paying to him every month. If the employees of your branch loots common people like us how we can trust and say about the positivity of Kapil chits to others.
This is really unfair we are paying the amount on time and that person is using the money for his personal use.
I want to lodge a complaint on this as I have transaction proofs with me but before doing this I want to highlight to you.

Please take severe action on this waiting for your positive response.

Regards,
Rajesh K

My bid amount has not credited in my account kkpt31j-24

I am vikash kumar singh my chit amount has not credited in my account the bid amount is rs 30000
Reply me on [protected]@gmail.com

I navathajoshi my original certificate submitted at Nizamabad regional office for repayment on 12.1.2024 my certificate number is SAHRB/IAF-NRL/L2/2020 ITS MATURITY DATE IS 31..12.2023 BUT NO RESPONSE FRM NIZAMABAD CENTRAL OFFICE PLS MAKE AREPAYMENT AS EARLY AS POSSIBLE HENCE REQUESTED

Kapil Chits Kukatpally/Khairathabad
CIN - U65992TG2008PTC060803
Chit No - KKPS203-6
ID - KKPS20J-6
5 Lac Chit 25 months

without my knowledge or intimation chit auctioned on 28th Nov2023 and I have been paying the monthly chit amount until Feb 2024 and now they have credited only Rs.4, 50325/-. The total amount I have paid is Rs.4, 60, 168/-. I am in loss after paying 2yrs our hard-earned money. There is no transparency and not sure if head office is at all tracking or aware of these frauds where the customers are cheated/looted.

Dated - 17/02/2024
KGM NAME - KHAIRATHABAD
CHIT GROUP - KKPS203-6
NAME - Renold
VALUE - 5, 00, 000/-
AUCTION DATE - 28-NOV-2023
BID AMOUNT - 25, 100/-
BID PAYABLE - 4, 74, 900/-

PARTY CHEQUE - 4, 50, 325.00
Verification Charges - 175.00
Chit Adjustment - 19, 900.00/-
Chit Adjustments SJV - 0.00
Chit Adjust Br./ Other Cap - 0.00
GST - 4, 500.00
KHC - 0.00
Others - 0.00
TOTAL BID PAYABLE - 4, 74, 900.00

I have joined Kapil chit funds group khyt03h-20 on 19Jan2022. It was a chit of Rs. 300000 for a period of 5 months. I was paying amount of Rs.[protected] regularly on monthly basis as it is recommended. Due to family needs I have lifted chit on 20Nov2023 and I was expected to received Rs. 2, 47000. However, chit agent intentionally failed to take signatures from the surety person and was not ready to approve the signatures provided by the others surety people. One of the surety persons involved in was a central government employee which was said to be the only surety signature required for taking the chit amount in the beginning of joining group I.e., on 19Jan2022. Instead of approving the chit amount, two agents of chit group had insisted me to cancel further chit amount by closing the chit and they suggested it as better option to receive the whole amount of rs. 1, 10000 which was paid by me till 20-Dec-2023. Hence, I requested for the cancellation of chit amount hoping to receive 1, 10000 rupees. After a week of request, to my surprise, I have received 74000 rupees only from Kapil chit funds, which means they have looted 35000 rs from me. When I contacted the agent there was no proper response from him. For a middle class person like me investing 5000 rs on a monthly basis from my salary is a huge thing. A loss of 35000 rs is also a big thing for a person like me. I just want to file a complaint against the agents and Kapil chit funds to get my money bank and to ensure that no one else gets affected by them. I would be very thankful to you, if you could help me.

Member ship removed chit no KKNO4T27J-36. Chit had a pledge, cheque received by branch but not doing adjustment and settlement, rash response holding amount.
Pledged chit KHAT40F-2 thorrur branch warangal.
KKNO4T27J-36 narsampeta branch warangal.
All payments paid at thorrur branch by me.

Dear sir, i peshetty Amar Kumar, sir nenu warangal dist thorrur kapil branch lo 5lac chitti kosam approach kavadam jarindi, 5lac chitti amount 10000 and entry fees 350 pay chesanu. Thorrur branch lo payments chesukuntu vastunnanu. Thorrur branch walu narsampeta branch lo 2tickets avasaram undhi ani na chit KKN04T27J-36, P.S.O WA290920P275. 215, 430 rupees payment chesanu, thorrur lo 1lac chit auction lo tesukunnanu pleadge petti. Staff response Walla nenu payments stop chesanu, Naku notice vachindi chit removal ani removal kuda jarigindi. Adjustment chesi remaining amount evvakunda thorrur branch and narsampeta branch walu chestunnaru. Cheque vachhindi ani cheppi payments cheyadam ledu.

Kapil chit funds charged last month 5000 penalty

Yesterday I.e[protected] i made a payment of my chit amount of 1848 after completing the payment gateway process it returned to the kapil app dashboard where it showed payment failed & in the app it was also showing this months due amount so i tried for the second time it was successful then i got message from my bank as the money has debited twice.

My chit reference number :- KSET05F-9

My chits ref. FJNTSOF 17 and FJNTSOF 18 they completed in June 23 but still now amOunt not credited. I am a 75 years old man not able to roundups the office. Please pursue the matter with humanity. J. Umamaheshwaram, h. No. 2-5-90/7E, kurma wada janagama-506167. Telanagana

Arya. I have joind two chits 0n 4/2/2019 ref fjntsof is 17 and fjntsof 18. They both com0leted in jane 23 but still now there is no response from branch i mey them several times they said we will give you money in december 23 but still now money not credited. So i request you to take necessary steps to jjustice me. J. Umamaheshwaram, h.No.2-5-90/7-e, k7rmawada, janagama

Sir. I am T. S. Vinay Kumar I am chit holder in your kapil KKHTO 4J
I participated online action on 28/12/20123 . I am bidded only up to 27, 500. But finally due to technical problem my cheats finalist at 1 lakh 70.000.in action I am not pressed 150000 for Bead. So I requested please verify the action. Resolve problem

I am pay the chitty amount in online payment but not cleared the chitty list

Sir, I am the chit member of KHM09T04J-21 of 5 lakh chit in the branch of Bhageeratha Colony, Mahbubnagar. I sm paying the monthly installments within due time and lifted the chit in the month of September 2023 for my needs. After that I was submitted all surities with required documents in the next month immediately and asked about expected date of payment. The branch manager Sri. Ajay told that I receive the chit prize money by end of November or first week of December. I waited till first week of December and again enquired in 2nd week, Ajay replied that cheque has not been received from Head Office Hyderabad it may be paid before 20/12/2023 and also suggested me to contact Sri.Ramulu, AGM [protected] for any clarification. I was contacted to Sri AGM immediately he replied that what Ajay told is final, you may ask to him only. I am not expected such answers from him being AGM of Kapil Chits, he didn't understood the problems of chit members, simply escaping. Then again called to Sri.Ajay, told that you may receive amount by 20/12/2023 definitely. Then I promised to my agreements that I should pay the amount on 20/12/2023 which was also promised in the first week of December, but failedn first time to pay the amount. This time I requested them please give one opportunity to me then they agreed the time upto 20/12/23.
Further I was called yesterday to Ajay and also to AGM, they both not lifting my call, may be they know why I am calling. Then I am totally disappointed as a member and whom to I contacted. Finally I searched the contact numbers of Kapil in the website and called to [protected], [protected], [protected], they are simply telling to call to this number since the branch is not concerned to the Zonal Branch of Kukatpally, Habsiguda. Finally contacted to Shiva Kumar,[protected], he replied made conference call to Ajay ji and requested me to ask him. This is not expected with Zonal office, which could have solve my problem and has to give suitable direction to subordinate branch to make the payments intime.

By experiencing all above with Branch Managers Assistants, Zonal Offices of the Kapil Chits, I totally disappointed and my faith on Kapil Chits has gone. How I was trusted Kapil and how I was taken membership in three 5 lakhs chits.

In view of the of above and to recoup my faith on Kapil Chits I request Kapil Authorities to take immediate necessary steps to pay my chit prize amount by 20/12/2023 without fail to make successful to my agreements. Otherwise I have to option to pursue the matter, legally as per constitution.