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Kapil Chit Funds Complaints & Reviews

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Updated: Jan 2, 2026
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Kapil Chit Funds reviews & complaints page 32

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C
CMdhavala
from Visakhapatnam, Andhra Pradesh
Jun 15, 2019
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Address: Hyderabad, Telangana, 5000011

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...
Kapil Chit Funds customer support has been notified about the posted complaint.
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    T
    Tagulla vijay
    from Mumbai, Maharashtra
    Jun 14, 2019
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    (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.
    Kapil Chit Funds customer support has been notified about the posted complaint.
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      B venkata subbamma
      from Salem, Tamil Nadu
      Jun 7, 2019
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      Address: Kurnool, Andhra Pradesh

      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.
      Kapil Chit Funds customer support has been notified about the posted complaint.
      I lifted chit ..but chit amount didn't come..3 months completed...very bad experience with kapil...my branch is mancherial branch ..take action..
      I have one lakh chit (FSTT59F-45) ticket no in Kapil Chit fund pvt ltd Branch Stone House pet, Nellore, I lifted my chit on Nov 2018 and i submitted documents on 17th Jan 2019, it is last chit also but Prize money cheque didn't received till now (17th June 2019) it over more than 5 months please take action and issue my cheque as soon as possible thanking you
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        T
        tanishq2009
        from Hyderabad, Telangana
        Jun 1, 2019
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        Address: H.No: 9-3-447 Regimental Bazar Secunderabad, Hyderabad, Telangana, 500025

        We have joined the chit no; ftt 18j ticket no: 4 (5 lakhs chits) on the name of k. Akansha jaiswal in secunderabad marredpally branch, now the chit was completed 2 months back and when i approached the branch for cheque the manager not responding and openly telling that it will take 3 more months to issue a cheque because you have paid all your subscriptions online.
        Kinkily clarify by return mail whether paying online is a crime and moreover you have collected interest on late payments, now already 1 month is over and we are not going to wait for 2 more months, you kindly clear our payments immediately, along with interest for the delay or else i have to file a legal case against your branch

        This is for your information and necessary action

        K. Sanjay jaiswal
        Mobile: [protected]
        Kapil Chit Funds customer support has been notified about the posted complaint.
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          Z
          ziya Singh
          from Mumbai, Maharashtra
          May 31, 2019
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          Address: opp to babu ice creams line, brindavanam, nellore, Nellore, Andhra Pradesh, 524001

          I am subscriber in kapil chit funds in brundavanam branch, nellore district, andhra pradesh with subscriber id fnet06h-24, i have finished my term of payment to chit in feb 2019, till today 31/05/2019 not received prize money, continuously followup to abm, manager, zonal manger, but nothng happened. As i am out of station due to work i am not able to meet them personally, no response from there, as per they mentioned i have signed on empty forms and courier the documents in march 2019. Even last year collection agent run away with my money, no action on him, no recovery of my amount.
          +1 photos
          Kapil Chit Funds customer support has been notified about the posted complaint.
          till today 24/9/2019, issue doesn't resolved. no response from authorities...
          ziya Singh's [Complaint's author] reply, Sep 24, 2019
          shame to know, the no of victims count keep on increasing, they never taken actions to resolve it
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            S
            from Bengaluru, Karnataka
            May 27, 2019
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            Address: Opp Yadava Function Hall, Main Road, Andhra Bank Colony, Ram Nagar, Anantapur, Andhra Pradesh 515002, Anantapur, Andhra Pradesh, 515001

            We have auctioned chit for our daughter's marriage in october 2018 for the 10 lacs & 5 lacs chit and submitted all the required doc's and 3 govt officials surity. Kapil chits has promised that they will pay in 2-3 months. Its been 7 months and yet they have not paid the full amount. The managers and offices doesn't respond and they started saying "do what you want".

            Kindly help.
            [protected]
            Kapil Chit Funds customer support has been notified about the posted complaint.
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              Abhishek Agarwal
              from Mumbai, Maharashtra
              May 23, 2019
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              Address: Hyderabad, Andhra Pradesh, 500048

              I am abhishek kumar agarwal from hyderabad having 3 chits for my company in the kapil chits funds hyderabad private limited - sangareddy branch - ii detals given below

              Chit details
              Srv creations - fsgt02r–13
              Srv creations - fsgt08p–20
              Lavish creations - fsgt02r–14

              2 chits of srv creations i have lifted and 3 chit for lavish creation also i have lifted and and have made the fixed deposit of rs. 900000/- in the month of april' 2017 for which i have asked them to close in the month of october' 18 in which they have paid me rs. 895000/- no interest and nothing saying that everything is debited in charges as i have preclosed the fd which they have not informed me and its just cheating

              Charges debited - levied
              Srv creations - fsgt02r–13 rs. 21902/- charges & penalties
              Srv creations - fsgt08p–20 rs. 46079/- charges & penalties
              Lavish creations - fsgt02r–14 rs. 265190/- charges & interest on fd which is not received

              Total charges / penalties / interest charges for all the above mention 3 chits is rs. 333171/- which is quite high on

              This people are charging huge charges around 35 to 45 % per month on the late payment and when we im asking for my interest they are just saying its debited in charges

              This people are just fraude and cheaters and harassing us too much send people who does not even know how to talk
              Kapil Chit Funds customer support has been notified about the posted complaint.
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                D
                DVSPrasunamba
                from Hyderabad, Telangana
                May 22, 2019
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                Address: LB Nagar, Hyderabad, Andhra Pradesh, 500013

                I dvs prasunamba, aged 66, resident of ramanthapur (Hyderabad), am a subscriber of the following chits from kapil chits, lb nagar/nagole branch

                Chit 1:
                Series - fklbs07j-24
                Value: 5 lakhs
                Period: 25 months
                End date: 2019

                Chit 2: investment chit
                Series - fklbs09j-8
                Value: 5 lakhs
                Period: 25 months
                Lifted in the month of feb/mar 2019

                Though the amount of above chits was due from kapil chits for over 3 months, no amount has been received till date. I have personally approached mr venkataramana the manager of lb nagar branch but to no avail.
                Request action from the branch immediately otherwise i will have no alternative than to approach registrar of chits/court/police/media
                -prasunamba
                Kapil Chit Funds customer support has been notified about the posted complaint.
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                  S
                  Sidsri
                  from Delhi, Delhi
                  May 18, 2019
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                  Hello, my name is siddartha maintaining 5lakshs chit in your toopran branch. I have paid all the instalments till date but you people are sending notice to surity people, when i enquired about it toopran branch people used my amount and they didn't made payment of mine officially from january to till date. They are not responding to calls, from last 4 months i didn't receive any receipts. If it's not cleared in one day i will take legal action on kapil chit funds and will drag you people to court.
                  Executive name: naveen
                  Kapil Chit Funds customer support has been notified about the posted complaint.
                  I gave written complaint several days before till now my problm is not solved
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                    A
                    Alishetty Padma
                    from Mumbai, Maharashtra
                    May 15, 2019
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                    Address: Tupran

                    I alishetty padma maintaining a chit of rs 5.00 lakhs at your tupran branch. The details are here under
                    Group code ticket no ftpt08j-21
                    Pso no 198 /2015
                    I was supposed to receive the amount of rs 4.00 lakhs after deducting your branch commission and holding seven installments amount of rs 70000 on 06th march 2019.
                    Till date i did not receive the amount. The branch head mr b arvind reddy and st aff are not responding to my calls and my presence. We plan and invest in chits and if such is the situation what will be our feed back.
                    I request for the immediate payment.
                    With regards

                    Alishetty padma

                    Mobile no. [protected]
                    Kapil Chit Funds customer support has been notified about the posted complaint.
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                      N
                      Neelagopal
                      from Hyderabad, Telangana
                      May 14, 2019
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                      Address: Stone house pet Nellore, Nellore, Andhra Pradesh, 524002

                      My chit was completed on november month2018, but chit amount was not given till now, saying tomorrow and day after tomorrow, staff was not responding properly, manger was so irresponsible and executives are also not responding to calls. Behaving rudely, i'm last customer of the chit, all chit members were withdrawn their amount but my account was not settled, previous chit interest amount also not given till now. Please take necessary steps to get my chit amount. Requsting you sir
                      Kapil Chit Funds customer support has been notified about the posted complaint.
                      Delay in settling matured chit value
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                        V
                        Vaddepelli Ramesh
                        from Attingal, Kerala
                        May 11, 2019
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                        Address: Karimnagar, Andhra Pradesh, 505301

                        Dear sir,
                        I took subscription in chit no FSSRT01J-25 in november 2018. It is a vacant one. I paid all previous dues and got prize in the subsequent month. I submitted all necessary sureties in jan 2019 but till now i dint recieve prized money. Even, till now nobody came for verification of sureties. The branch manager, (Mr. swamy, Sircilla2 branch) is very irresponsible. He always says tomorrow when i call him. normally, i dint attend my call, whenever I do call from other number he lifts the call and says the same word "tommorrow". As per the toll in this site the worst chit fund company award goes to kapil chit fund company. plz resolve my query as early as possible. since 6 months passed away i wexed up with this guys. Plz let me know shall I lodge a complaint in consumer court?
                        Thanking you sir
                        my mobile no is [protected]
                        +1 photos
                        Kapil Chit Funds customer support has been notified about the posted complaint.
                        Chit lifting money is not paid
                        and manager is phone not lifting
                        any person is not answering
                        iam lifting 5L chit in feb 28/2019, but chit money is not paid
                        iam chit lifting 2 month 10 days, but money is not paid
                        pl slove the problem
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                          M
                          manidharas
                          from Vuyyuru, Andhra Pradesh
                          May 10, 2019
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                          Address: Kapil Chit funds at Gudivada, Krishna, Andhra Pradesh

                          This is n. Manidhar.. My mother has been told that she will be given 3 bonds (Bvm energy & residency pvt ltd)@ rs 1.25 lakhs each for the chit amount related to fgut13j-31auctioned in the month of may, 2018 from kapil chit funds, gudivada branch. But only 2 bonds are given in the month of february. As the 3rd bond details are not sent to central office at hyderabad, the branch manager has been requested to return the amount of rs 1.25 lakhs. But till now the amount is not given to my mother. Plz do the needful and return the amount at the earliest
                          Kapil Chit Funds customer support has been notified about the posted complaint.
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                            M
                            manidharas
                            from Vuyyuru, Andhra Pradesh
                            May 10, 2019
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                            -my mother smt neelam vijaya bharathi is having chit no fguto2h-34 for rs 3, 00, 000/-at gudivada branch of krishna dt. The maturity period is completed in the month of november, 2018 and she was not been given the amount so far. Though cheque was sent from zonal office to pay the amount to my mother (As informed in the zonal office).. The concerned branch manager has failed to do so till now. It is requested several times to both branch manager & zonal branch manager but no response.. Hence requested to kindly do the needful in clearing the chit amount to my mother
                            Kapil Chit Funds customer support has been notified about the posted complaint.
                            Buchi babu Chowdary the manager of Nalgonda branch of Kapil chits is very rude, abuses the customers in a bad vulgar and unparliamentary language so many customers are suffering from him but not able to know how to get rid of him,
                            He is worst manager I have ever faced, plzzzzzzz take necessary action, thanking u
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                              S
                              S rajeswari
                              from Mumbai, Maharashtra
                              May 10, 2019
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                              Address: Near Punjab national bank tyagaraju nagar rajahmundry, 533103

                              I have chit in kapil chits rajahmundry branch for rs 500000/- i was submitted all required documents in december 2018 but i didn't receive my bid amount till know. Branch manager was very irresponsible person. He didn't have minimum concern about customers. And the regional manager also didn't respond. I don't know how to recover my amount. Kapil chits was cheating customers
                              Kapil Chit Funds customer support has been notified about the posted complaint.
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                                P
                                prkguptha
                                from Hyderabad, Telangana
                                May 2, 2019
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                                Address: LB Nagar, Rangareddy, Andhra Pradesh, 500074

                                This is in regards to the chit # fkltt06p-16 in the name of vanaparthy nagesh was promised to give the lifted chit amount in the month of march basis on which i have prepared my son college fees.
                                I have provided all the requested documents however, the agent at lb nagar branch anil at lb nagar branch ([protected]) is making us go round and round and till date we did not get any amount.
                                So many people told about this harassment before starting the chit with kapil thinking that it is a good organisation but the peoples opinion is correct.
                                Need your help to co ordinate with kapil chits and get my lifted chit amount paid on priority or advise further action to be taken. Vanaparthy nagesh[protected].
                                Kapil Chit Funds customer support has been notified about the posted complaint.
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                                  V
                                  vanamala sai keerthan
                                  from Mumbai, Maharashtra
                                  May 1, 2019
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                                  Address: Kapil chit funds , jeedimetla, Hyderabad, Telangana

                                  Dear sir/ madam,
                                  This is to inform that your customer (Mr. V. Joginath)- customer jeedimetla branch with 500000 chit, had met with an accident on 19 th of march 2019 and is currently not in a state to pay the instalment of remaining said 50000 rs, as of now. But once he recovers (In a couple of months) we assure u that he will make the payment and close the chit. Hope u will consider it.
                                  Please do not proceed for legal procedure as it would be very shameful on your part that u are not considering the above said case on humanitarian grounds.

                                  Thank u
                                  Kapil Chit Funds customer support has been notified about the posted complaint.
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                                    Aoact
                                    from Mumbai, Maharashtra
                                    May 1, 2019
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                                    Address: 4/209, Gooty, Anantapur, Andhra Pradesh, 515402

                                    Hi
                                    1. I have picked my 30000 rs chit in january till not i did not got payment i have spoke to manager, asst manager all others i hve went to my branch officer, regional office all are irresponsible i have took chit last auction not in between i have paid regularly even though they are playing with us

                                    2. I have got another chit of 10000 till now same i did not got payment i have submitted all papers related

                                    3. Recently in the month of march also i took chit of 10000 till now they did not took signature also
                                    Kapil Chit Funds customer support has been notified about the posted complaint.
                                    Sir i participated in auction in janauary. Even after months i have not received amount. and no one is responding even information is not providing ...they r all ways saying busy busy i dont know more then customers what ur employs r busy

                                    manager number-[protected]
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                                      Krishnamanjula Manthena
                                      from Hyderabad, Telangana
                                      Apr 30, 2019
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                                      Address: 35-5-120, 506009

                                      We have taken bid on[protected] of chit no. Fwst11j49, for rs.500000/- from kapil chits, hanamkonda, dist: warangal urban, telangana state. So far the amount is not credited to me though i have submitted all documents after bidding the chit, submitting bank details. The manager, mr. Sagar of kapil chits branch hanamkonda, has visited me and told that due to non payments from other subscribers in march-2019, it is delayed and will be paid soon. But till[protected] the anount is not paid, and there is no response from the manager, he is not lifting the phone, the agent is also not responding till todate.
                                      Kapil Chit Funds customer support has been notified about the posted complaint.
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                                        H
                                        Hariprasad Jajula
                                        Apr 30, 2019
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                                        Address: Nellore, Nellore, Andhra Pradesh

                                        Hi Team,
                                        I’m not happy to make complaint against you, but 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.
                                        Iam asking and reminding to Branch Manager Mr.Murali, Financial Manager Mr.Kumaraswami And Zonal Head Mr.Srinivas but no use they always saying something.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 taking care?in fact I didn’t get any benefit from your company even I lost more money and I paid premiums right time &advance but your side so sad.
                                        For this bond I’m reminding from Dec 2018 and also submitted all required documents please feel something and take seriously

                                        Thanks
                                        Hariprasad
                                        +1 photos
                                        Jun 28, 2019
                                        Complaint marked as Resolved 
                                        Complaint not resolved
                                        Kapil Chit Funds customer support has been notified about the posted complaint.
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