Kapil Chit Funds Complaints & Reviews

Dear sir
Greetings of the day

My self e. Srinivas reddy s/o e narsimha reddy.. I have given cheque to kapil chits cheque no : 432683 sbi bank... Cheque presented in karur vysya bank santhosh nagar branch
With out looking its was postdated cheque with the negligence of bank staff without even looking it was postdated cheque they have presented in sbi champapet branch they have charged me 590 rs of cheque return...

I have subscribed chit in kapil chit kosta put ltd at mogalrajpuram branch. I am paying amount regularly. Kapik chits branch manger is not allowed me to auction the chit since i have precluded the chit and i requested for my chit amount. Even after 2 months of closing they not giving my amount which i have paid. Please solve my issue.

Shahina
[protected]...

I am having 2 chits of rs.5.00 lakhs and rs.10.00 lakhs in balapur branch from 2016. I lifted both the chits. Rs.5.00 lakh in lifted in 2017 october for which i received my cheque in march 2018. Asked for the reasons the branch manager mr. Rajesh was so rude n gave lame excuses.. For which i had faced huge losses. We opt for chits to meet our needs n v r not ur servants to treat so rudely. Now though 1 or 2 delays i'll make 1 month payment...

Dear sir/madam
This is s suresh from adoni kurnool dist andhra pradesh
Chit group no : fant45f-50
I am the member of the above mentioned group but it was closed september 2018. Since payment not done by the adoni branch kapil chit fund.
I sincerely so many times contact to adoni branch manager and staff but they are simply postpone month by month it is repeatedly by last four months, so please verify and do...

I lifted chit no. Fhl09p-34 in september 2018 and completed all the documentation required. So far the chit amount was not paid to me.
As more than 4 months period was over from lifting the chit, i just
Want to know from the higher authorities of the 'kapil chits' company
As to whether any time frame was fixed for payment of the chit value
After auction. If so, kindly let me know. So far i paid the monthly br...

We have paid a chit for 5 lacs rupees in madikonda branch. It's has been 6 months that chit has completed. Even though they didn't pay our money back. They are blackmailing us that if we join the chit then only they will give the money. It has been 6 months we are going to office twice in a week. Is this the way kapil treats it's customers?
Please help me....

Our chit number: fdvt04p-45. We have lifted 10 lakhs chit at 8.5 in june-2018. Now it is january 28th 2019. Till now they haven't returned our money completely. The branch manager moulali (Dharmavaram), & regional manager suresh (Anantapur) are behaving very rudely when we are asking for our money. They keep postponing and never even care to give a date when they'd give back our money. We are yet to receive 3.5 lakhs plus six months interest...

Iam the subscriber in neredmet branch of chit no. Fnmt02g-09. I have lifted the chit on[protected]. As per company norms i am submitted the surites and also verification completed, as on day i have not received bid payable amount. On[protected] i have received a message current month due amount adjusted from bidpayable amount, but still iam not received bidpayable amount. So, give me reply regarding my bid payable amount. Or else i will...

I am m sreekanth one of your kapil chit fund member of dilshuknager and my group number is fds06j
Ticket number 22.
I have lifted the chit at seventh month and got the cheque after two month with multiple call and
Messages to the branch. I have call to hanumanthu branch manager he told that within two day i have
Called after two and again he told it will take three day, like that it went two month and the managerbr...

We are the Member of a Chit of KAPIL CHITS (HYDERABAD) PVT., LTD., at Abids branch, Hyderabad. The Chit value is Rs.2, 00, 000/- for a tenor of 50 Months, commencing from 03/15 with Monthly subscription of Rs.4000/- . I have been paying the Monthly installments regularly.

At the time of opening the Chit, I was told that the Chit amount, on winning the bid, will be paid to the prize winner within 7 days from the date of documentation,...

Hi all,
*pls not to join kapil chit fund, i have faced soooooo many issues*
Please do not join kapil chit, before join they will give multipule commitments, once we join they will not pick the phones and they will block our numbers.
I am member of kapil chit fund i have joined after six month and paid with six month of installment.
Dilshuknager branch mr. Hanumanth rao, i have lifted the chit and they told they...

I think kapil chits are in losses
I didnt get my chit amount even after six months. I have drawn my chit in ashok nagar branch. I have been calling branch continuously initially they were giving dates and now they stopped lifting phone. I have called and informed agm mr. Srinivas reddy. He has said that my cheque will be issued 3months back. Once called him and he was shouting on me regarding this issue. He was given his executive...

I didnt get my chit amount even after six months. I have drawn my chit in dilsukhnagar branch. I have been calling branch continuously initially they were giving dates and now they stopped lifting phone. I have called and informed the regional head madhusudhan reddy. He has said that my cheque will be issued today. Today he didn't lift the phone, he sent a message that he is in the meeting. Nobody is keeping their promise they are just prolonging...

I have lifted my chit in month of november and agent promised i will get cheque by dec 23, after which agent do not lift any of my calls and later i visited office and he gives me lame excuses that it got delayed because of holidays. Do they really wait if we delay the amount. Today is jan 14 and still i idid not got amount deposited or cheque received. I talked to shapurnagar branch manager and he promised jan 7 at any cost without fail....

My chit numbers are fkkl09f-36, fkkl09f-37. Almost 70 days back i withdraw one by giving surity of other. Kapil guys moosapet branch are irresponsible, my house owner got the same problem and he went to kphb branch and got regional manager number. After contacting him he got the cheque... I withdraw my chit on oct 30th. Till now no response. Collection guys called me day and night anytime for collecting money. But they are not available now...

I m paying a 5l chit with kapil chit since 50 months. With this month chit is gonna complete 50 months and they has to release the money, now the manager is saying, they don't complete 5l to me as they are gonna deduct 5% as a commission which i haven't been notified while starting of the chit. Is that with every one? Or manager trying to cheat me?
Please help...

Hi team

We hold chit from jagtial branch and not received my payment from july 2018. Auction date was july 2018. Its been more than 5 months waiting for money.

Everyday we are going to branch and asking manager abount the cheque he says no money and will give on some other day. I dont understand while you are running out money. Its very shame on your company by seeing these many bad reviews.

Kindly...

Dear sir,
My chit auction was august 2018. Manager (Kishanbabu) promised me, chit amount should be paid within 45days. But he crossed the promise. Manager did not answer my calls and not proper replys. Nobody answered at the branch. Finally i got the cheque dated 31 dec2018. But the cheque bounced as a reason is insufficient funds. They are cheat me...

Sir
This is k. Venu from rajanna siricilla district i have a chit in siricilla 1 branch.
I have not received my payment still today
The auction date is 30th september
The manager named swamy gave me a cheque but it was not passed due to lake of money i. E the cheque was bounced. One of my friends adviced to file a cheque bounce case against company but i can't. Being a government employee and responsible citizen...

Sir, we are holding a chit no. Fht11g-31 opened with kapil chits at abids branch, hyderabad, running for 50 months with rs.4000/- per month, commencing from 03/2015.
At the time of opening the chit, the manager promised to arrange the payment within 7 days time from the date of auction, if no collateral security is involved.
In view o[censored]rgent need of the amount, we have participated in bidding on 30.11.2018 and won for the...