Kapil Chit Funds Complaints & Reviews

My chit fgts15f/3 have prized on 30/12/14 and given lic bond security chit has succesfully completed. My polocy no is[protected]. From more than two years of completion chilakaluripeta branch yet not submitted my lic bond. Manager were 2or more members transferred. Any person doesnot respond in chilakaluripeta kapilchits. They said they are unknown this matter.

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C

chandra rabbit

from Nellore, Andhra Pradesh

Mar 11, 2018

nobody supported from kapilchit funds, till todate they seem to be irrelevant to this matter

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Sir,
I have a subscription in your esteemed chit fund company in sri kalakashathi branch for the past 7 years. I have paid all the installments of subscription and the chit group has completed on november 2017. I have completed all the formalities for settlement claim of chit amount. I have been revolving around the office for months but in vain the amount is not settled to to me. My details are as follows:
Chit no:fsht12f-13
Amount: rs.2, 00000/-
Date of completion: nov:2017
Name : muni kumar irakam
I request you to make the settlement at an early date

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Address: 509001

Dear team, my name is b. Vaishnavi, working in govt. Sector, due to sum prblm i could not pay my chit amt, recovery agents o[censored]r chit fund company rudely behaving vth ladies n childrens and govt.org. Womens. They will cum in drink... To our home. N talking vth rude language. This is very inconvinience for me n every one of our neighbour is looking. Thanking you sir,

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Feb 27, 2018

ramulaiah's response it is good for giving payments and collecting supporting documents but In brundavanam Branch in Nellore totally staff is bad guys

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R

ramulaiah

from Bengaluru, Karnataka

Mar 5, 2018

Some collection executives taking money and escaping in Nellore Brundavanam branch even manager also not able to controlling them, one guy namely Dinesh have taken 50, 000/- from me and he did not give any receipt and escaped. Totally Kapil chits is worst

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Address: 532222

Website: www.kapilchits.com

I, g. Venugopala rao, one of the kapil chits customer at palasa brach, srikakulam dist., a. P., have a chit of rs.2.5 lakhs (5g1 group). Regular payment made to this chit. Yesterday the collection agent, mr. Achari came and collected rs.4830/- for 27th installment. Today when auction was conducted, my authorised agent was rejected to enter into auction hall due to due of amount around rs.200/-. (Two hundred only). The chit company or agent does not intimate about this due at the time of chit amout collection and this amount was not mentioned in their due list also. This was not intimated by phone message also.in this manner i can't participate in this auction today.

So i request you to enquire about this matter and take necessary action as early as possible to the concerned.

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Address: East Godavari, Andhra Pradesh

Sir if you provide any complaint mail id then i will attach the letter and proof.
With false promise the manager made to enter in to the chit frcpt09j/09
Cheated me and made me face more financial problems. Finally delayed my fixed deposits for 6 months means i have to wait 6 more months extra to get my deposited amount. I wants my deposits in june18 & 19 itself not in dec2018 &19. He is not accepting me to release my chit amount even if i requested his for release on surities. Kindly do the needful
Thanking you sir/ madam

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Address: Rangareddy, Andhra Pradesh, 500072

Website: www.kapilchits.com

Respected sir/madam,

I am a chit holder in kapil chit funds private limited.
And i have taken the chit money (Fkkt01g-9) on 29/12/2017 in the 42nd month (Total period is 50 months) and i have kept pledge another chit (Fkkl09f-38) as surety and completed formalities from my end on the next day itself.

The person who conducted the auction told me that i can get the money within 10 days. And i have waited...

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Address: Guntur, Andhra Pradesh, 522201

I, mr. S. Ravi sankar having chit et13f20. I was ps on 28-11-17. Till today i was not received my prize amount. Bm told today or tomorrow we will given. I was pay to tenali branch rupees 30000/- every month. If i was not. Receive the prize amount i was close my nps chits.

Rm not lift my phone. No. Of times i was tried. That's why i gave complaint. Pl take immediate action and gave my dd

This is for your information.

S. Ravisankar
Mobile no. [protected]

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Address: 500015

Website: Kapil Chits Alwal

This is srinivas reddy and i have 3 chits of rs 5, 00, 000 group fal08j and by numbers are 5, 6 and 39. I have been paying with in a week for last 2 years.

I won the bid for my chit in september'17 and its been 5 month that i did not get my money back. I have been paying the installments within time (Less than a week) for last 2 years and when i need to get my money back i need wait for 5 months? Manager vindo rao does not pick the all (I called him for over 100 times) when i visit the branch office he tells me all un realistic stories.

I now doubt that this is a fraud company which is mis using public money.
Can any one from management look at this complaint and act and restore the company credibility?

Else i will forced to post this in social media platforms.

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Address: Visakhapatnam, Andhra Pradesh

Website: KAPIL CHITS (KOSTA) PRIVATE LIMITED

Hi
This is venkataramana k, who join the chit in kapil chits kosta private limited, gopalapatnam branch under group code - ticket number : fgpmt01p-35 for l0 lacs chit. I have won the amount in the month of sep 2017 and till now the prized money has not been paid.

Its 5 months completed now and still not paid the prized amount, all the times its wrong promises and i am very much worried with your fund management. As kapil chits is not able to make payment unless they receive the funds which makes me to understand in what situation is the company and its fund management.

All commitments made so far by manager are false hence need a resolution as soon as possible, failing with i am forced to bring to the attention of appropriate authority per the chit fund act

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Address: 516269

This is shaik ahmed ali resident of rayachoti kadapa dist andhra pradesh
We have 1 lack 2 lack 5 lack chits in kapil chits we took chit and we submitted all the required documents but they they have not given me the money chit taken after 4 months also very wrost service not maintaining time and answering to customers very rash and volger by kapil chits staff and manager.

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Feb 06, 2018

Updated by ahamedali After submitting all surities and documents kapil chit funds not given me the money after 4 months also.

Feb 06, 2018

Updated by ahamedali My phone [protected]

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K

Kumbagiri Himakar

from Manuguru, Telangana

Feb 8, 2018

Am the member of Kapil Chits (Kakatiya) Pvt. Ltd. for an amount of Rs.5, 00, 000/-. I have auctioned the chit on 17.10.2017. Till today (2.2.2018) I have not received money from Nellore branch situated near KVR petrol bunk. The Chit group is FGS05J-2013-17. Kindly arrange the payment. Inspite of repeated requests not paying the amount.

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Address: East Godavari, Andhra Pradesh

A. Sriramachandrakumar. Tuni. Branch. Chit value 100000. Plz verify my chits date of payments. Tell me how could i gain to join this. I am giving press note soon. Why shouldn't jon in ur kapil group. I paid amount in24 months.92000 avg. But end of 24 months receiving amount 91000 punishment of join in ur group loss of 24 months intrest. But also end of period daily iam begging the manager give my cash from last 2 months. Why should people join in ur group. Tuni i think tuni branch. Is running in wrong way. Plz. Check. The branch.

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Hi,

My chit was with kapil chits, jagtial branch and the same has been lifted on few months back.
The moment when chit was taking, they said with in 30 - 40 day we will pay after lift the chit. But after completion of 40 days, there is no proper response with un professional language. I have respect on organization, but these kind of people spoiling the organization name by using the money for their personal use.
The manager doesn't understand what customer is conveying and not at all mature. I don't know, how organization is appointing such kind o[censored]n professional people for that big post.

Every time manager was saying kapil chits under loss and we don't have amount, but we are managing some how. They didn't even bothered about customer concerns/urgency after completion of waiting period.

Pls be careful and don't get into troubles

Kindly help me here to get money asap!!!

Thanks,

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

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Pvnp Reddy

from Visakhapatnam, Andhra Pradesh

Feb 6, 2018

My Chit ref no FPGT08F-9
I completed 50 the instalment in Nov . still I didn't receive my money.

!! the worst service, cheating promises, negligence response of jagtial branch manager srinivas and rm venkateshwarlu... pls dont trust &a - Comment #2995718 - Image #0

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K

kumarrr.a

from Hyderabad, Telangana

Feb 10, 2018

I thought there is issue with JAGTIAL branch manager SRINIVAS and RM VENKATESHWARLU, but it seems entire organization having the same issue.

I submitted my complaint on FEB 5th, but there is no response from any of the branch and even Kapil chits complaints cell.
Kindly let me know, when can i receive the money and complaint solution.

Pls let me know, who is the best person to contact.

Pls understand customer concerns and they will lift the chit, when ever there is emergency or urgent need. Based on your promise on chit payment, we will commit the same with out side parties to pay.

Kindly do the needful help on this.

Thanks,

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Address: 502103

Website: www.kapilchits.com

Sir

I have lifted chit with kapil chit funds hyderabad pvt ltd chit group no: fmst10h-34 rs 3.00 lakhs on 28 th nov-2017. Verification and surities process is completeed but still the lifted amoun chit amount is not received. They are delaying the amount from the past few months. The staff and others are not responding at siddipet branch kindly advice us in this regard

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Feb 02, 2018

Updated by nandakishore511 My number [protected]
Name: Nanda kishore

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Address: Karimnagar, Andhra Pradesh, 505215

Website: kapilchits.com

I am the member of kapil chits (Kakatiya) pvt. Ltd. For an amount of rs.5, 00, 000/-. I have auctioned the chit on 30.11.2017. Till today (2.2.2018) i have not received money from godavarikhani branch situated near jyothinagar police station. The chit group is fgs04j-08 &09. Kindly arrange the payment. Inspite of repeated requests not paying the amount.

Name: velaga ankamma rao

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Address: Karimnagar, Andhra Pradesh, 505002

Website: www.kapilchits.com

Hi team,

My chit number is fkrt35j-30 and its maintained at karim nagar branch on[protected] i have bid the chit and i was informed the payment will be made post submitting the documents in 15 days. I have submitted all the documents on[protected]. Till now i was not made any payment and the branch manager is not lifting my phone calls. I was informed that i will get the amount on[protected] with one month interest as the payment is delayed, no response from branch manager. Please help me i am in need of money.

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S

siri789

from Delhi, Delhi

Jan 29, 2018

Iam cancelled my chit last 4 months back till now I didn't get my money many of tomes I called to that particular person manger sathyanaraya but he never answered my calls very irresponsible person please take a action

My name is gopikrishna'
[protected]

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Address: Nizamabad, Andhra Pradesh

I have been member in kapil chits, kamareddy (Highway road branch) since 5 years. I have been paying my monthly instalments regularly in time. Past 4 months i have not been paying emi because i found some errors in my account. Hence i have ask them for clearance of amount. They have not been responding till date.
Plz look into the matter. Plz take necessary action

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Address: Nizamabad, Andhra Pradesh, 503001

I have been taken the chit value of 5.00 lac chit fvt 30j 50 in oct month after outright purchase. He has not paid the value till now though he has already completed verification on dec 5 2017.

Its already one month 20 days passed so far and he has not given amount promised.

Its worst planning to part with kapil chits.
Very worst serviceat nizamabad hyd rd main branch.

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Address: Krishna, Andhra Pradesh, 521235

Website: www.kapilchits.com

My chit number FNDT04J-45 completed in Nov 2017. Its been three months, Tiruvur branch manager is not confirming when my payment will get clear. Each time he is giving different answer (Cheque came to zonal office, delay in courier, Enquiry about final payment and many more). By seeing many other complaints in this website, I'm loosing hope day by day. Please suggest what are my other options.

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Fklb t 21 j -35. Lb nagar (Alakapuri) branch, hyderabad. Chit auctioned in end november 2017. Payment due in end december 2017. Manager could not give firm date of payment.

They are courteous while talking. But, could not have information or control, on the payments. 4 dates were given so far and they could not adhere to.

I am a senior citizen and in panic, as i have urgent commitments.

Jan 26, 2018

Complaint marked as Resolved

Resolved

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MS Geethadhar

from Manuguru, Telangana

Jan 23, 2018

Most Horrible. Telling something else and paying something else. No profit to the customer. Also cheque receiving after minimum one month after auction. No profit at all in Kapil Chits Kadapa

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S

Suseela Devi

from Bhimavaram, Andhra Pradesh

Jan 24, 2018

it is worst chit fund. eventhough aution bidded in june, 2017, no cheque received so far. more over vijayawada I town branch manager Mr. Anjaneyulu using filthy language and threatened to filed a false case. case posted in consumer forum on him and also the chit fund

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M

Madineni Venkateswarlu

from Mumbai, Maharashtra

Apr 21, 2019

Very bad company

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Address: Adilabad, Andhra Pradesh, 504301

We have auctioned the chit on 27th november 2017 in kapil chit funds. We were told by the agent that we will be getting the funds within maximum 30 days. But today the date is 20th jan'17. Almost 55 days completed, still the verification is pending and we have not received the funds, we have continuously following the manger regarding the same issue but he is unable to resolve the issue. Request you to kindly help in this issue.
My chit details are below
Name : g srinivasa rao
Chit no : fmt25j
Branch : mancherial
My contact no. : [protected]

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Kapil Chit Funds Complaints & Reviews

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Kapil Chit Funds reviews & complaints page 42

non submission of lic surety bond

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settlement of chit amount

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recovery agents rude behaviour on ladies at home

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misleading of the bm, palasa branch, srikakulam district, a. p.

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kapil chits kosta pvt ltd br ramachandrapuram manager mr. kishore

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not paying my chit money even after 45 days from the date of auction

prize amt

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kapil chits alwal - bid amount delayed by 5 months

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kapil chits (kosta) private limited non payment of prize amount

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rayachoti branch. after 4 months also not given to me chit amount worst kapil chit said worst worst worst

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ftu807f-13

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!! the worst service, cheating promises, negligence response of jagtial branch manager srinivas and rm venkateshwarlu... pls dont trust &a

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reg: amount delayed after chit lift

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non-payment of chit fund amount

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not making the payment post chit bidding

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clearance of emi

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not settling fund. value

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non payment of completed chit

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chit payment not received after due date.

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chit auctioned but verification and disbursement is still pending

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