Kapil Chit Funds Complaints & Reviews

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 my money as early as possible.

Thanks,
Vijay

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.

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 that this has led to major disappointment for us as we have kept faith with your organization. We feel betrayed after waiting for number of days and dishonored commitment given to us.

Please let me know how would you take appropriate action on the bm and immediately disburse our funds. I reiterate that our relationship with your organization is strained and we are deeply saddened about your bm in action.

Awaiting your response and action on this.

Regards,
Krishna kishore,
Surekha
[protected]

Vijetha FNKT 12 J 42 kanteshwer branch NIZAMABAD
Sir gd evng this is P.vijetha I AM a customer of Kapil chits KANTESHWER BRANCH NIZAMABAD
Chit no: FNKT 12 J 42 CHIT VALUE 5 LAKHS JULY 2019 MATURITY
SIR I AM LIFT THE SAID CHIT ON 30 JANUARY 2019 (44) AND I AM SUBMITTED DOCUMENTS FOR CLOSING 6 MONTHS FUTUTE LIALABILITY (F.L)
SO FAR THE MANAGER KAPIL KANTESHWER BRANCH SANTHOSH NOT GIVEN CHEQUE AND PROPER RESPONCE, I AM VISITED AFTER 45 DAYS FOR CHEQUE HE TOLD HERE NO MONEY WHEN THE HEAD OFFICE SANCTIONED MONEY THEN I WILL GIVE CHEQUE. TO U..WHEREVER YOU GO SAME ANSWER
IRRESPECTIVE, AND IRRESPONSIBLE MANNER NO TIME BOND..

In this TRIED FOR COMPLAINT ON SAID MANAGER BELOW OFFICERS NUMBERS
[protected]ED TS KAPIL, [protected] SRINIVAS, [protected] RAMESH
[protected]..BUT THEY ARE NOT RESPONDED INCLUDING YOU SIR...
I PAID INSTALLMENTS 1 ST WEEK OF EVERY MONTH.But u r company not pay money intime.
RESPECTED CHAIRMAN SIR U R ALSO NOT RESPONDED..WHAT CAN I DO why not I take further steps
Above complaint submitted through this site

P. Vijetha w/o p. Manohar reddy, fnkt 12 j 42 maturity july 2019, chit lifted jannuary 2019 same time fl 6 months closed
So far the manager of kapil chits kanteshwer branch not given to me any check and proper responce and told me whenever funds came came from head office then i will give check it will take 3 months to 6 months
I pay installments 1 st week of every month but u r company failed to pay moneyin this regard i called md karimnagar, ed ts, ramesh rm nzb, vaman rao sir founder & chairman what can i do

Hi,

I k. Murali krishna joined kapit chits on[protected] for chit value of rs. 500000/- with chit reference no. Fhis05j-3 through its executive mr. R shiva radhi at himayatnagar branch.
This chit was of 25 months with monthly subscription value as rs. 20, 000/-.
I paid the amount regularly without fail on every month till aug 2018 as that was the one before the last month and as i needed money i called for auction in month of aug 2018.
Mr. R shiva radhi completed all formalities w. R. T to paper work and took my signature on all required documents saying he will deposit the amount in 15-20 days.
Even after 30 days i did not hear anything from shiva then i started contacting him over phones, sms and whatsapp regularly asking for amount to be deposited as i need them to repay my loans and other planned work.
Every time he said, amount will be deposited by next week then he started coming up with excuses that branch do not have amount currently and so on.
This got dragged till november 2018 and he finally he issued a post dated (Date:[protected] cheque for rs. 3, 93, 825/ and said remaining amount he will adjust by 2nd week of next month december 2018.
Again he started avoiding my calls and giving lame excuses and again after continuous follow-ups, this time on 24thjan 2019 he transferred only rs. 24000/- to my axis bank account.
April 2019 started and he still have to pay me rs. 34, 000/- + interest amount from all the delays.
Now he is not accepting my calls, nor is he responding on whatapps or sms’s.

Dear sir,

This is to request and provide the justice on the chit fsat08p-45, i have lifted (36th month) in dec2018 and till date i. E 29th mar 2019, i have not received the chit amount. The chit fund guys purely concentrate on delaying the process.

I have provided the sureties (2 it and 1 government) and then later after one month came back after multiple followups and asked for the another government sureties. I have been following since i have submitted all required documents by 11th march finally and the response is very irrelevant and also they stated nothing more required from our end.

Now the manager (Vishnu vardhan reddy) states the cheque will be issued by 20th of april which is delaying and that too the cheque date might be one month future date (As per other members concerned in the chit). Please help to resolve the issue and hand over my chit amount as early as possible.

Respected sirs, my chit no fogt12j-26, ongole 2 branch, prakasam district.. My prized token no is 50. This chit was completed. But my payment was delayed. I asked manager several times, he delayed 3 months.. Plz issue me my payment immediately.. Thanking u sir. I totally based on this chit. I am retired employee. Plz solve my problem immediately. Thanking u sir

Hi My name is M.Mahesh I took a some amount on suggestion from my friend but due financial issues I was unable to pay due amount from last 3 months. The agents who gives us a call don't even know the manners how to speak to a customer they even abuse if some lady picks the call the from the family. A very bad ### expression I am still going through this. I am just waiting to get rid of this chit ASAP. Worst conduct worst response from the agents.

I have lifted two chits from kapil chits, abids branch in november and december 2018 respectively. It's march 2019 and i have still not received the amount due. I have contacted the branch who then ask me to contact the manager. The branch manger doesn't oblige either. I have requested several times but in vain. The reference no for the chit lifted first is fhl53f-29 by name k mahathi and the reference no for the second chit is fht30f-35 by name k krishna. Please see to that i receive the due amount as i am in dire need of money.

Dear all,

This is inform you that, i have joined kapil chits with chit value 1000000 and 50 months duration at miyapur branch. Last january i had done my chit auction after my 32 month with successful payments without any delay and submitted required documents along with surity as per kapil chits rules. It is closed to 2 months now and am struggling to get my money from them and nobody is responsible. The manager number always on do not disturb mode and ask to send the message if any emergency, and no use with sms as well.

Please be safe and never trust this guys..
They required surity from their customer but no support for customers...

The chit of rs 5 lakhs in the name of smt sai raghava parvathi, bid auctioned in november 2018 has not been disbursed till now. The chit commpany branch is kondapur. Manager is yadav reddy. Neither he is available at office nor lifts phone call. The collecting agent raju is made helpless. The cheque was issued on 27th feb, 2019. Till now it is neither handed over to me nor credited to the account details forwarded to mr. Raju. Being a lady also there is no mercy. I am left to their mercy. Please resolve this issue immediately. I need funds very badly.

I have chits scheme in khammam muncipal branch kapil chits.
After my chit drawing they are given amount more than 60 days actual it is 45 days the manager said remaining days we provide interest they are not responding from the last 7 months and it is in the form of due and continuing every month with interest so pls solve this the manager madhuker was not caring and misbehaving with customers iam sending every month in neft the accountant still not understanding the process saying amount not came please take it as a serious issue and solve there is no sorce to communicate so iam raising complaint understand how much iam suffered.

Hi sir, my self shivaji i have been paying installments since 20 months and lifted chit in jan 2019. The executive wont respond properly to collect sureties, and i called the manager of subedari hanmakonda branch srikanth [protected]. This guy is also rejecting call without listening or responding properly and providing the another contact person numbers which are not in use.
Who is right person to contact for subedari branch hanamkonda...
My chit /group no. Fwst33f-10.

Management not even know how to talk with customers. Respond someone on it.

Thanks,
Shivaji t,
[protected].

In siddipet district, husnabad kapil chit funds branch have been cheating in making agreement and paying rent for it's rented branch. Made agreement with wrong person and paying rent to him from starting itself.
Shame to the organization. Check owner of the rented property before starting branch anywhere. Though informed concerned officer's, they are no more to look after the issue.

Dear sir,
Worrest chits branch in hyderabad - medchal kapil branch
Because i’m lifting my chit dec30
I will submit all documentation and as well as required signatures till date 18 jan. Still not giving my money and i’m enquired the branch manager but not use he telling every time same answer more 1 week more 1 week...
Please kindly request solve my problem

Dear sir,

I have been promised to give me chit in 2nd month, now the chit is around 30 month but still there is no response every month they quote highly when ever i'm visiting. Initially they have quoted less around 85000 and now this has been increased to 107000 now they are increasing when ever i'm visiting there.. Never ever believe in kapil it's all fraud

Thanks,

Veer

I srinivas reddy has lifted the chit 2 months back, at uppal, hyderabad and i gave surity as 100% pledge. When i approached to manager he told that cheque will be issued on month end of feb, but he has not issueed and now he is saying it will take one more week if you want you can complaint any ware. He is saying as per company norms cheque will issue 3 to 4 months and am not is this correct? And i want esclation contact.
Kapil chits is very worst now a days i don't want to encurage any one to this company.

I rajani has lifted the chit, chit no:ftrt22j
At thorrur, mahabubabad dist on[protected]. On[protected] the documentation in completed. When i approached to manager he told that cheque will be issued on 15-2-19, but he has not issued it to me till today as the company has issued the cheque on 19-2-19. He kept it and telling me that it will issue after one month.

I had prized my chit on may 2018, and i had submitted all the required securities & documents with in the month of prizing date, my chit no. Is fpbt06h-50. Now 9 months is over but still i am not getting my amount, the branch manager of parvatipuram-2 & his assistant talking rudely, so far the chit amount was not paid to me. Kapil chit fund is completely fraud & cheat the customers. Especially the branch manager of parvathipuram mr ramana & his assistant mr. Kailash always says the cock & bull stories. So kindly intervene & resolve my issue. Finally i says that don't believe the kapil chit fund, they are completely fraud & cheat.