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Kapil Chit Funds Complaints & Reviews

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Last updated Apr 26, 2024
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Kapil Chit Funds Phone Numbers

Phone
+91 40 2306 6699
972
580
+91 40 2306 0229
299
218
Mobile
+91 98 4887 7224
970
483
+91 80 9691 0372
327
230

Kapil Chit Funds Website

Kapil Chit Funds Head Office Address

House No 3-6-9/10, 1st Floor, Above Corporation Bank, Vivekananda Nagar Colony, Kukatpally
Hyderabad
Hyderabad District
Andhra Pradesh
India
500072

Kapil Chit Funds reviews & complaints page 32

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M
manidharas
from Vuyyuru, Andhra Pradesh
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non payment of bid amount by kapil chit funds gudivada branch

-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...
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S
S rajeswari
from Mumbai, Maharashtra
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I didn't receive my chit amount till december 2018

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...
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P
prkguptha
from Hyderabad, Telangana
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kapil chit harassment

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...
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V
vanamala sai keerthan
from Mumbai, Maharashtra
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regarding payment of instalments

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...
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A
Aoact
from Mumbai, Maharashtra
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my chit which was picked in january 2019

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
br...
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K
Krishnamanjula Manthena
from Hyderabad, Telangana
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not paying chit amount after bidding

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...
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H
Hariprasad Jajula
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

delay for payment

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...
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R
Rachana Pyshetty
from Hyderabad, Telangana
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irresponsible agents

Dear Sir/ Madam,

Am a member of Kapil Chits Pvt Ltd and I would like to inform that the Kapil Chits agent is troubling me by not giving me my chit amount on time. I wanted to inform that I have kept my registration of plot under hold and was asking for chit amount since almost 8 months and every month, the agent gives some reasons and the chit ends now in the next 3 months and still he says the chit has been auctioned with...
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B
B V Nagaraju
from Bengaluru, Karnataka
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fraud and non payment of chit amounts since march 2018

1.Mr. K. Satyanarayana, ex-BM, took cash
from us and gave us Ch. receipts by
giving his cheques, which were stalled
subsequently. This amount tuned to two
Laks to me. Brought to the notice of the
MD-sri Varaprasad and RM- sri Vasu, no
response. Stop PF, Gratuity etc. to solve
Our losses.
2.since march, 2018 ( more than one year)
Chit payments on different chits of me
were...
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B
B V Nagaraju
from Bengaluru, Karnataka
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tiruvuru branch- fraud by the ex-bm and non payments of chit amounts

Address:Krishna, Andhra Pradesh

1.Mr. K. Satyanarayana, ex-BM, took cash
from us and gave us Ch. receipts by
giving his cheques, which were stalled
subsequently. This amount tuned to two
Laks to me. Brought to the notice of the
MD-sri Varaprasad and RM- sri Vasu, no
response. Stop PF, Gratuity etc. to solve
Our losses.
2.since march, 2018 ( more than one year)
Chit payments on different chits of...
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M
Madineni Venkateswarlu
from Mumbai, Maharashtra
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amount not received

Address:Guntur, Andhra Pradesh

Sir i participated in auction in last year june. Even after 10 months i have not received amount. Because of my earlier commitments i borrowed from somewhere else, now i am paying every month interest on it. Even registered chit company takes this much time how can we survive. Please help me in this regard.
Name: madineni venkateswarlu
Kapil branch: macherla, guntur dt....
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A
avndbala
from Pune, Maharashtra
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non receipt of tds credit in 26as

Address:flat no.303, orchid block, krishnakunj gardens quthbullapur, Hyderabad, Andhra Pradesh, 500054

Dear sir / madam,

M/s ramya constructions limited which is the sister concern of kapil chits pvt limited has given me a bond for rs 3 lakhs along with an interest of rs 2.25 lakhs vide certificate number lp/ram-dc/f17/2014. The bond was encashed during june 18. Against the interest amount of rs 2.25 lakhs an amount of rs 22500 has been deducted towards tds and till date you have not credited the said tds in my 26as. Hence...
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V
Vamsi Yaganti
from Hyderabad, Telangana
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deposited amount

Address:NELLORE

My name is yaganti vamsi, i deposited chit amount in vedayapalem branch, it has been matured in feb 19-2019, till now i didn't get amount minimum 50times i visited and contacted the staff they will tell on finance team and this guy's will tell on bm, that bm don't lift the call or he switched off the phone, even i contacted md of kosta also he talked to me for 4 times and he put my number in block mode, very very very dissatisfied customer...
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Address:Kapilchit funds Bhainsa, Adilabad, Andhra Pradesh

Sir, i am i. Prashanth since 10 years i am the customer of kapil chits. At present my 10 lakhs chit no. Fbht06p-19 at kapil chits bhainsa. 504103 nirmal dist. I lifted the chit in november 2018 with surity of another 5 lakh chit. Till today i did not received the amount. I. E[protected]. No one is lifting the phone and giving information about the amount.

I request you to solve the issue i am in need of money. Nearly 150...
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D
DEVENDAR REDDY KASARLA
from Mumbai, Maharashtra
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kapil chits kakatiya pvt. ltd

Address:H.No.2-82/3, SITARAMPUR, NEAR ANDHRA BAN, H.NO:2-82/3,SITARAMPUR, NEAR ANDHRA BANK, Karimnagar, Andhra Pradesh, 505001

Chitno. Fmkt 47j-37, karimnagar, worst service, money manipulation, rude behavior of mankamma thota br. Manager and staff. Returning cheque to customer, finally sending chit to legal collection. Irresponsible management. Digussed and ready to go to court even to pay future amount. Staff has no response to get new customers, even a bad talk has come not to join in kapil....
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V
Vuriti Pradeep
from Srikakulam, Andhra Pradesh
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unauthorised surety

Address:vizianagaram, vizianagaram, Vizianagaram, Andhra Pradesh, 535003

Dear Sir,

I haven't given stood as Guarantor for Mr. Ramana P Whose Kapil chit funds no is FVBT04F-25 but i have received Guarantor notice on April 04th, 2019 and the notice is dated on March 14th and it states i stood as surety and i need to repay his outstanding amount of Rs.7416/- with in a week and i m not aware about this chit and i m no where related to this and i did not stood as guarantor for Mr. Ramana.It looks like...
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S
Sktest123
from Hyderabad, Telangana
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violation of labour/employment policies

Hi sir, you are not following following any labour rules w. R. T. Your kapil chits employees. You are forcing them to work through out the year with only 3 leaves per annum. Few of your employees are working continuously even on every sunday. You are not considering that, they have families & responsibilities too, not the only your salary/employment. This is the serious violation of hr rules. Please follow the labour rules w. R. T the employment.br...
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Address:Plot no 366, Street no 4, MLR Colony, Dammaiguda X Roads, Hyderabad, Telangana, 500083

Dear sir/madam,

I am a. Vijay kumar of diamond point branch has auctioned a 3 lakhs chit (Fat08h-43) for 2.5 lakhs, during month of feb/mar 2018. But i was not been provided any cheque for the relevant amount though i have submitted all the documents by october 2018 well in advance. I am not getting my amount after making multiple calls to vidyasagar, and kiran reddy (Branch manager). Can you please do the needful and get...
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S
Santosh ram. J
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chit amount not received from 1 year

Address:1-5-237/2 DHAN BAZAR, NR CHIKOTI COMPLEX, Hyderabad, Telangana, 500003

My chit amount is for rs 5, 00, 000, i am regularly paying my chit amount & i took the chit 14 months ago. But till now i didn't get any amount. Even i have registered a complaint to the sub-register (Lakdikapool), than i got cheque than said amount, even than they are stopping me to deposits the cheque in the bank. They are giving a proper calculation about the amount....
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K
Krishna Kishore Nimmagadda
from Hyderabad, Telangana
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delays in cheque disbursement after lifting the chit/chaitanyapuri, hyderabad

Address:500065
Website:www.kapilchits.com

This is regarding the chit no. Fdt15p-45, we have lifted our chit during dec'2018. We have been asked to collect the disbursement amount on 27 march. When we visited the branch manager, he asked us to come on 1st april, again he moved the date to 4th april, when we visited again they asked us to visit on 10th april. And today when we are here, bm has dishonored the commitment. He is asking to come on 17th april.

Kindly note...
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