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Kapil Chit Funds Complaints & Reviews

www.kapilchits.com

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Updated: Oct 13, 2026

Complaints 1053

Resolved

59

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994

Bad 😕 It seems that Kapil Chit Funds has not focused enough on responding to their consumers’ feedback. Because of this, many concerns and issues remain unaddressed, making customers feel ignored and dissatisfied with their experiences.

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Kapil Chit Funds reviews & complaints page 33

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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

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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

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Aoact

from Mumbai, Maharashtra

May 31, 2019

I gave written complaint several days before till now my problm is not solved

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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]

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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

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nataraj arcot

from Visakhapatnam, Andhra Pradesh

May 21, 2019

Delay in settling matured chit value

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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]

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Ramakrishna Marupadaga

from Mumbai, Maharashtra

May 15, 2019

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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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

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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

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Susmitha Tummalagunta

from Mumbai, Maharashtra

May 15, 2019

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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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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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].

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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

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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

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vinayreddyd

from Bengaluru, Karnataka

May 8, 2019

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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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.

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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

Jun 28, 2019

Complaint marked as Resolved

Complaint not resolved

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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 higher competition. How is it possible when there are only other 3 members as my competitors .

Very irresposible agents and Management
Am really worried if I will get my money or not

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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 not paid tuned to 11 lacks, by
saying something(cock and bull
stories).
Its causing us metal agony, depression
and physical ailments such as BP,
SUGAR, Suicidal feelings.
Prayed, begged, requested up to MD
also. But not invain.
Matter must be taken seriously and
solve our problems immediately.
Customer care phones and cell phones not responding to the calls

Kapil Chit Funds customer support has been notified about the posted complaint.

May 11, 2019

Updated by B V Nagaraju No acknowledgement, no response from
Kapil chits

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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 me
were not paid tuned to 11 lacks, by
saying something(cock and bull
stories).
Its causing us metal agony, depression
and physical ailments such as BP,
SUGAR, Suicidal feelings.
Prayed, begged, requested up to MD
also. But not invain.
Matter must be taken seriously and
solve our problems immediately.

Customer care phones, cell phones not
responding to our calls.

Kapil Chit Funds customer support has been notified about the posted complaint.

May 11, 2019

Updated by B V Nagaraju No acknowledgement, no response from
Kapil chits

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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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Ravi Babu Mylabathula

from Mumbai, Maharashtra

Apr 24, 2019

We have two metured policies in this company. submitted Dec18 first policy and second one in Jan19 both are held up not getting money back.These policies are from Eluru (West Godavari Dt)

1) Mylabathula Vijayalakshmi
2) Mylabathula Dharmarao

Kindly help on this. We are not getting proper information from staff, keep on draging.

S

Srinivas Nasika

from Hyderabad, Telangana

Apr 29, 2019

Dear sir/madam
Myself n.rukmabai deposited 2 lakhs in kapilchits sister concern Ramya construction 2 years ago. The bond matured 20 Feb 2019, from last 3 months the manager is not responding to the calls. This is a fraud company and the police has to take action regarding this. I will put a police case .

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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 request you to resolve the issue immediately. As you are aware that the tds deducted by you and not deposited will be liable for prosecution and severe penalty. Hence request you to resolve it immediately

Balaprakash

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rajas2323

from Bengaluru, Karnataka

Apr 29, 2019

Worst auction conducting as one side partiality and writing a letter to consumer court

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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 of kapil chits

Kapil Chit Funds customer support has been notified about the posted complaint.

Apr 17, 2019

Updated by Vamsi Yaganti Vedayapalem Branch, NELLORE Andhra Pradesh.

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Prasad Kolusu

from Delhi, Delhi

Apr 24, 2019

Jai sir my chits number fbto7h-28, 38 I was discontinued in the month of February 2019, my amount checks in machilipatnambranch they are not responding properly, plz refund my money.

P

Prasad Kolusu

from Delhi, Delhi

Apr 24, 2019

Jai sir my chits number fbto7h-28, 38 I was discontinued in the month of February 2019, my amount checks in machilipatnambranch they are not responding properly, plz refund my money.

S

Srinivas Nasika

from Hyderabad, Telangana

Apr 29, 2019

Dear sir/madam
Myself n.rukmabai deposited 2 lakhs in kapilchits sister concern Ramya construction 2 years ago. The bond matured 20 Feb 2019, from last 3 months the manager is not responding to the calls. This is a fraud company and the police has to take action regarding this. I will put a police case .

G

gurajala venkat

May 25, 2020

Please Call Me this number [protected]

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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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Apr 15, 2019

Updated by DEVENDAR REDDY KASARLA Very bad n worst staff of the branch

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