Kapil Chit Funds Complaints & Reviews

Hi,

This is govardhan we are very valuable customers to the kapil chits and been with the same since 10 years but still we are very unhappy with the management regarding the amount of prized.

Don't know how managers and the agents were recruited through, all are illiterate and don't know the commonsense on how to approach the customers and behave.

We have lift the auctioned prized money of 5,...

My name is sankella srinivas i joined in your tadepalligudem branch w. G. Dist, a. P. By taken broken chit in february 2018. My chit no. Isftdlo2j-13. At the time of joining chit balance was 1, 53, 824, and i am paying regularly every month monthly installments with out standing amount. By september 2018, iam coming to regular without any outstanding amount, but i was received a notice in this month that is iam pending some amount, iam asking...

It has been more than 4 months i have not received the amount for the chit that was prized. No one from the branch or the regional office is bothered about this when notified. However, when it comes to diverting the funds to some other investment plans within the same organisation they does it within a week's time. Staff are not willing to take ownership. It is waste of investing time and money....

Worst chitfunds. Please do not invest here...

Kapil chit funds is nothing but be*rs. They borrow money from customers but they never provide withdrawal cheque’s on time. All illiterate people work in that office. They don’t even know the calculations.

It is all mixed drama as to delay in providing money to customers.

I really suggest them to sit on temple steps to earn money instead of sitting in that worst office and cheating customers.
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Good evening sir. I am meer liyaqatullah hussaini customer of your company from narayanpet dist mahabubnagar. Sir i left my chit in september 2018 i have taken 200000 but remaining 80000 still not given. I humbly request u give my remaining amount. I contact narayanpet branch but they r not respond to me and branch manager also not respond. My cell no:[protected]...

Sir, i am g. Rambabu, one of the bidders in your company having chit in chirala branch, prakasam dist. Of a. P.. I am regular customer of kapil chits from dec / 2014 i placed a request for bid amount of rs.1, 00, 000 on 28/09/18 and submit the all documents for fl closing on next day and waiting for amount to receive. The branch manager was promised for 28th october because this is 45th bid out of 50bids. Since 1st october he said the amount...

I have lifted my chit in september 2018, my branch is nuzvid, this is 5 lakh chit, when i lifted this chit they said that we will half amount in 20 days, and remaining amount within one month, now manager is not answering to my call, manager name is sultan, even i have complained to rm, rm name is sateesh, after complained to rm, rm is also not answering to my calls, i sent my relatives to the branch always they are saying something else,...

To date:28.11.2018
Director / manager
Kapil chit (Karnataka) pvt ltd
Bangalore

Sub: delay in prized amount of rs 50, 0000 / chit group no. Kdt01j

I am bhojaraja c y, staying in # 495, 16th cross chokkasandra, t dasarahalli branch, bangalore.
I am regular customer of kapil chits from dec 2015, i have completed one lack chit amount for the group kss08f-2f. Further on completion, i...

In bhongir branch kapil chitfund (Neaer to area hospital), as i am chit member, at the time of participation in chit bid, if i ask chit offer if ask they were not showing offer form and raising words on me, we dont have any rights to show the offer form to chit member, as they wish making enteries into minutes books.

If they shown also signature not validating with documents. Even if i ask also manager is not showing the minutes...

In bhongir branch (Near area hospital) as manager is not showing the chit offer form and making as wish entries in chit minutes book, as if i ask he is shouting and telling that its managment will not show to any of them, is it fair enough as i am chit member i am responsibul for asking the offer form as per chit by law.

Such fraud company running as wish basis doing the things as wish basis as if am asking the chits registar...

సార్, నా పేరు చిన్నవాడు కొంగరపు, శ్రీకాకుళం జిల్లా పలాస కాశిబుగ్గ బ్రాంచ్ లో FPLT52F-15 మరియు FPLT53F-19 రెండు చీట్స్ వేసాను. రెండు చీట్స్ పాడగా నాకు మే 1 వ తేదీకి చెక్ ఇస్తాను అన్నారు....

This is to inform you that i vijaya ramakrishna pilli s/o laxmaiah r/o medchal subscriber at your chit fund branch masabtank bearing chit no fmst02j got auctioned my chit on 28/09/2018 and was awarded and got verified on 08/10/2018 till this date my awarded amount has not been disbursed to me.
I personally visited your branch office several times and requested the manger mr. A. Siva kumar for my amount but he never meets me on a telephonic...

This is to inform you that I mohd Yousuf Hussain S/o Mohd Hussain R/o Mancherial subscriber at your chit fund branch Mancherial beaing chit No FMT31J-49 got auctioned my chit on 28/07/2018 and was awarded and got verified on 02/08/2018 till this date my awareded amount has not been disbursed to me.
I personally visited your branch office several times and requested the manger Mr.A.Srinivas for my amount but he never meets me on a telephonic...

Dear sir, my name is devivaraprasad argula. I have 5lacs chit at nizamabad with kanteshwar branch. Chit group fnkt 15j 36. I have paid nearly 28 months an amount of 2.10 lacs approximately. Want to cancel because of personal issues. Submitted removal documents on 4th october but still not received my amount. And the branch manager is not at all responding. Kindly help....

I have taken rs.5, 00, 000 chit in saifabad. I have paid rs. 57, 000 and applied for bid. All the documentation have been processed last three months back.. The branch manager, mr. Vishnu vardhan reddy said it will take 30-40 days.. When i asked in this november, he said the amount will credit in 2
Or 3 days. Till now no cheque has been issued and no amount is credited to my account.. From the last three weeks, branch staff were neither...

Sir, my chit id is fblt14j-23.. I have taken 5, 00, 000 chit in bobbili branch. I paid paid 30 months and applied for bid in jun 18. All the documentation processed in the month of aug 18.. The branch manager said it will take 30-40 days.. Since 2nd october he said the amount will credit in 2
Or 3 days. Till no cheque has been issued and not credited to my account.. For last three weeks branch staff neither responding nor giving reply.....

Sir, i am sai shinde, one of the bidders in your company having chit in koti branch of hyderabad. I placed a request for bid amount of rs.2, 00, 000 on 30/09/18 and completed all the documentation on 31/10/18 and waiting for amount to receive. But till now i haven't got any response from you. The employees of koti branch are not at all responding. This is the very bad experience i ever had with your company. If this is the same happens then...

This is mallikarjuna reddy/leelavathi from anantapur, we have deposited amount rs.90, 000 for four years, now four years has been completed this year july, 2018. Now there not settle the amount and there saying to settle today, tomorrow since last 3months. Several times we personally visit the branch but no one has responded. And there not taking calls....

Sub: non receipt of bid amount even after 8 months - reg

I, t. Venkata ramanayya, am a member of kapil chits (Kosta) at kothapeta branch guntur. My group code and ticket no. Is fgrt02p-38, with a chit value of rs.10, 00, 000. (Rupees ten lakhs). I had bid for rs. 8, 90, 000 (Rupees eight lakhs and ninety thousands) in the month of february 2018. So far i was paid only rs.203700 (Rupees two lakhs three thousand and seven hundreds...