Kapil Chit Funds Complaints & Reviews

Hi,
I am srujan, customer of kamareddy, telangana kapil chitfund branch. I auctioned for 10lakh amount on apr 30th. I didnt recieve the money yet. I am in urgent need of money. I never skipped a single installment and all my payments are done before even due date.

I tried contacting branch manager, who dont even have time to listen to my problems. I dont know whom to contact now. It has been almost 3 months.

Please help!

Thanks

Sir myself v s ramakrishna customer of your branch at nuzvid. I have got the auction for fndto2h. 3 lakhs chit for february month. Nobody is responding at the branch. I have made many calls to the manager and visited the office many times but payment is not made to me. Regional manager and area manager also not answering the call. Please respond and make me the payment. Thank you sir

My name koduru padmalatha holding kapil chit # fctt07p-29 in chittoor. We lifted the chit in auction end of may and submitted all documents on 1st june. Till today amount not received and they are saying it will take another 20 days. While submitting the documents they said cheque will get in 45 days but now they are changing the commitment. Very frustrating!!!

I gorsa chitti varaha venu chit no. Fvdt05f-14 visakhapatnam. Chit closed 30th may. Till today no payment. I reminded branch manager mr. Sanni babu and field money collector shiva then mr. Sanni babu responded and said that payment would be on 16 th august. Kindly understand this is most irregular. Kindly take necessary action to pay the amount immediately. Really i am not happy with your chit fund

Dear concerned, one of my friend by name jaina hari prasad was a subscriber of one chit in ramnagar branch karimnagar wherein he mortgaged his plot situated in kapil homes at thotapally towards security to one his chit and cleared his entire dues. Now he wanted to release his mortgaged property for selling it to others as he is in over debts. But the concerned branch manager of ramnagar is not responding properly, so please do the needful at an earliest. S. Venkat ramana reddy, advocate, karimnagar. Cell no:[protected]

Sir,

It is to bring to your kind notice that i was subscriber of one lack chit, no. Fkvs42f-7, kavali, kavali branch, nellore (District), andhra pradesh and auctioned in the month of november 2018 but i was unable to produce three sureties at that time, finally i decided to adjust my amount of future liability of rs.64000/- for which i met kapil chit fund, branch manager, shri. Mahesh and completed all formalities and claimed the amount after adjustment of future liability. The branch manager told me within 15 days the amount will be deposited in your account, but still the amount is still not credited in my account. Whenever i called his phone is switched off or out of coverage only not properly responding.

I met him personally the branch manager mr. Mahesh, and told me that the cheque already received from the head office vijayawada branch and the same will be deposited within a week, but no amount is credited in my account.
Now mr. Murali krishna joined recently in kavali branch, the same was discussed with him but, he also not responding properly.

Hence it is requested you to take necessary action immediately to refund the amount in my account.

With regards

My Name is Nenavath Ramulu, Achampet mandal, Nagarkurnool District, .I am in Begumpet kapil chits Group no.FBTTOP-30. I paid chit for 50 months 10 lakhs . I have paid regularly amout withou any due.Again I have Taken a chit of 20 lakhs in Achampet branch But Begumpet manager And Mahesh for document sign they called for so many times and they said that today, tomorrow, day after tomorrow, But they didnt come i have taken four members and i came to Begumpet branch after there i called them but they didnt respond.Please take agents who will surve the customer take them only.I have provided them documents but there is no response about my money .they are not giving any information about my money.like this agent there no people will pay the chits.

Iam mallikarjunreddy. Iamsubscriber of kapil chit fund since 2015. My chit is 1000000. Ipaid almost 40 months amount. I lifted the chit in the month of november 2018. I submitted all the required documents. Till now idint get my money from the chitfund. I am visiting office regularly but the manager and employees no one is responding. Iam very much frustrated and lost my patience. I want justice for this. My chit number is fkltt01p-05. Hastinapuram branch.

Dear sir/ madam, i k. Ramshashidhar reddy s/o k. V. Reddy have joind a chit bearing no:fsat 30j no-4, in champapet branch on[protected] by paying
Rs: 10, 000/- + subcription charges as applicable through a agent. I have continued thr chit for six monts and further did not pay due to my personal reasons.
I did not receive any correspondance or any communication regading my amount paid. I aske my agent to refund my amount,...

I have paid a chit in this company and it has been closed. Even after one year of closing the chit they have not paid me amount i need to get paid. And even if i am asking for statements they are not ready do show me the statements. And even after the cheque has been released in my name and amount they haven't handed me the cheque yet. And all the managers and staff are very irresponsive and negligent.

I am started my chit two years ago now my 23 instalment i am unable to pay instalments at your office. I have your kapil chit app
I want to payment my instalment through
Online kapil chit app.
But there is not sbi bank. Why there is not sbi bank that india's
Biggest bank if you add sbi bank for customer service so many people pay the instalment through your app.

Solve my complaint as early as possible
Thank you

I have enteres into 10lakhs chit in kapil chits yadadri branch i have lifted the chit in the month of december, i have submited all the relevant documents and all the surety papers are verifed and done, iam paying all my instalments regulaty inspite of all this i still dint recieved cheque for my amount, it has been 7 months, the staff are not responding propey and the manager is not taking any necesary action, i request you to look into this mater and solve this

Hello
Why you’re highlighting complaint resolved, when you resolved?

Hello,
I’m not happy after investing money in kapil chits complaint because you people are not bothering anything about customer’s. I have bond in your nellore kosta branch-1, certificate number. Pa/kia-nel/l64/2016 which already matured[protected] but still not paid money. Almost 6 months finished.
Iam asking you & reminding to branch manager mr. Murali, financial manager mr. Kumaraswami & zonal head mr. Srinivas but they’re not responding and diverting. This is not first time before one bond made payment after 6months of matured date that time almost 1000times i reminded. What is this? Why you people are not giving my money back to me, in fact i didn’t get any benefit from your company even though lost more money after started chits &i paid all premiums right time and advancely but your side so sad.
For this bond i’m reminding from dec 2018 and also submitted all required documents please take action immediately,

Thanks
Anusupraja
28.06.2019

Delay for payment

I have deposit some money in kapil chits i can draw to get chit for 60000 i can provide all security information but they didn't accepted that time in khammam but one day branch was changed i can't find no of times my chit was changed different branches in khammam but i didn't find my chit so i can leave long time finally i find my chit in khammam mamatha hospital road but it was closed ok they are cut for amount ok but balance amount was not added in my account they're spending more time

I have deposit some money in kapil chits i can draw to get chit for 60000 i can provide all security information but they didn't accepted that time in khammam but one day branch was changed i can't find no of times my chit was changed different branches in khammam but i didn't find my chit so i can leave long time finally i find my chit in khammam mamatha hospital road but it was closed ok they are cut for amount ok but balance amount was not added in my account they're spending more time i can attached proofs here verify it and if clear not here to i can proceed legal

Sir/madam
It is to inform that my spouse, kotichinthaka prasanna having a chit of rs 5 lacs in katiya 2 bhopalapaaly branch, with chit no fblto9j-37 in
Telangana state.
In the april 20, 3019 we have lifted the chit and after that the
Necessary documents were signed to sanction the
Amount.
But sofar we have not received the cheque despite several reminders.
In fact they are not responding at all.
Even if they responded,
They are procrastinating it by telling improper reasons.
Plz help us to get my money

Two chits which are completed (50 months) in January 2019 for 5 lakhs and 10 lakhs each. All the monthly payments made on time. Even after six months chit amount is not paid.
Total amount to be received: 15 lakhs.
Branch: Kapil chits - Chirala
Chit reference number:

FCHTo4p/16 (10 lakhs)
FCHT12S/47 (5 lakhs).

No response from kapil chits.

Dear sir

i k sri ram charan monthly paying amount in your chits but last three months there is some personal problems i am not paying amount when i was went to near by office manager showing his attitude and staff was not responding properly this was not fair thats why in our branch another chits companies are growing high so please take further action if you are responsible.

నా పేరు వేముల కృష్ణయ్య NTPC బ్రంచ్ లో chitt పూర్తిగా కట్టి సంవత్సరం తరువాత 5500 రూపాయిలు బకాయి ఉంది చిట్ రిజిస్ట్రార్ నుండి లెటర్ వచ్చింది నా దగ్గర చిట్టి పూర్తిగా కట్టిన కాగితాలు ఉన్నాయి సెప్టెంబర్17 2016 కు హాజరై వివరాలు ఇవ్వాలని ఆదేశాలు అందిన తరువాత నేను రిజిస్ట్రార్ ను కలసి పూర్తిగా కట్టిన కాగితాలు చూపించాను అప్పుడు రిజిస్ట్రార్ గారు ఒక లెటర్ ఇవ్వమన్నారు లెటర్ ఇచ్చిన క్లోజ్ చేస్తామని చెప్పినారు అప్పటి నుండి ఇప్పటి వరకు ఎలాంటి సమాచారం ఇవ్వపోగా మా మిత్రుడు చిట్టి లేపుతే 19 J 31 గలా చిట్టి బకాయి 7 వెయిల రూపాయలు ఉంది అవి కట్టిన తరువాత చిట్టి ఎత్తిన డబ్బులు ఇస్తామని చెప్తున్నారు

I have lifted the chit no. FVWT04H-43 of kapil chits (Kosta) pvt. Ltd., Vijayawada of Rs.3.00 lakhs on 21st Feb, 2019 by participating in the last month (50)th auction i have to get (Deducting further balance instalments if any) after completion of formalities. Required conditions like (FL Close) immediately within one month. However i have not received the above chit amount till date i. E. End of Jun, 2019 though four months have passed....