Kapil Chit Funds Complaints & Reviews

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....

I would like to bring in your kind notice that, I Siripurapu Kumari and i am the costume of Chit fund group from the Branch at Rajahmundry under the Chit account Number is FRJT06P-31 for an amount of 10 Lakshs. On[protected], i participated in Chit Bidding and i was the successful bidder for an amount Rs.1, 20, 000/- on 45th installment. As per the term and condition the amount has to refund on or before[protected]. But today is the[protected], Till Now my amount is not credited in Account.
It is further submitted that, several time i have been visited to the above said branch and one else responding from your officer Side. Hence I request your pls refund my amount immediately.
Contact Details: [protected]
[protected]

Kapil Chits(kosta) Pvt. Ltd — chit group - FRJT06P-31

Sir my chit no is FHIT5F-30 few years back we take a chit amount of 100000 in eluru due to some family reasons we went to kakinada eventhough we went kakinada we are paid correctly instalment and trafered instalment monthly to employee of eluru branch called name of ramesh bank account.he made fraud and doest make payment to branch .after knowing thus he we are paying in chit instalment in kakinada but eluru branch people stop the kakinada branch as not to take instalment amount from us and we issued lawyer notices also for this.and we went to eluru paid full amount in eluru and the person who make fraud he signed on white paper as due amount cleared and said that we send clearance certificate within two days but they didn't send to us and after two yrs now there are are calling and tortured us as not paid the instalment amount and we file case against you and that fraud person tortured us and our relatives who signed as security signature please make sure to solve this problem.

I have joined in a 2 lakh rupees chit and even paid all the amount what they have said to me and also required proofs. Today a person called me and abusing me in a vulgar language and threatening me that he is going to kill me and entire family with local rowdy sheeters if he is not satisfied with the amount given to him...Kapil chits is using local gundas and roedy sheeters and trying to threaten the people.KAPIL CHITS is only responsible if ány thing happens to innocent people...

(FGWT08P-42) of 10 lakh chit in kapil chits(Hyderabad) pvt. Limited, Gadwal branch, Jogulamba Gadwal, Telangana and i have won the auction on[protected]. I have submitted all necessary Documents before 28.02.2019. From my joining date to May 2019 i have paid chit amount regularly. I have not received the prized amount till today... Delay in giving chit amount.

Sir, I have 26 th membership of FNDT04F1 in nandyal branch. I lifted chit in[protected].I submitted surities in second week of March 2019.but, they came for verification very lately on[protected].manager, promised amount will be paid to me on[protected]I.e.after 45 days of documentation completion).
But, he is on leave on that date.then their branch staff told us that amount will be paid paid by[protected].
and after that manager told us that cheque not yet came.
Then, we asked him about his promises to us.then, he replied that he is not satyaharichandra.and also he told us that collect that group money also.we unable to understand these type of words.
Then, he again told us amount Will be paid by[protected] with 9% interest.
When amount needed by us it not came..then what is the use of that bloody interest.
We are unable to understand on[protected], again if he told us that he is not again satyaharichandra.what we need to do.
Please kindly solve my issue.