Kapil Chit Funds Complaints & Reviews

1. Never ever got a call from kapil chits office on reaching of cheque from your head office to kadapa office. Customer has to enquire about their cheque, then only they will give feedback. Even after a month also the cheque will be with their branch only and they will never inform to the customer

2.
(A) my original lic bond paper was received back by me after 2 months (R) 2 months from the date of submission of my...

Hi

My name is srikanth my chit id is : fcs40f-9.

I started my chit for the purpose of saving after some days i have needed money so i asked one agent to lift the amount so for my urgency they lifted the chit at very low amount for that also i didn't ask anything. My chit has lifted 2 months before i given all the documents and surtites they verified and they said ok but till now also i didn't get the money....

Hi i have 2chits in kapil chits (Bsto5j-6 & bsto5j-46) which compleated 8 months back, both chit amount still not released, i am calling vaman rao (Md -[protected]of kapil chits & branch manager suresh [protected]& santhosh no one is responding my calls & massages, they had office in rajajinagar, bangalore which they have closed, no one is contactable, this company is cheating lots of peoples like this & making lots of peoples to struggle, pls take action on this fraud company & pls do the needful

Sir on 29-10-17, i lifted 10 lakh chit (4p) at no1 branch vijayawada. Till now mr veeraih (Branch manager) could not give me the money. I have complained to the authorities, so far no action. Another branch manager mr anjeneyulu, at 1town branch. He took money for 8 broken chits and since5 months he can not be traced. He tells all lies. He is a big fraud. Such people bring bad reputation to this company. Please look in to this matters. So far no recipts and no entry in pass books. I will have to seek justice. So please take quick action

I am v paul ratnam, i have started a chit with reference fnzti3j-2 in july 2015 at your vizianagram branch. The chit value is rs.5, 00, 000/-. We have participated in the chit auction on[protected]. We have submitted all the documents asked by the branch in december after 15day of submission, they have intimated that our claim has been rejected by the head office with the reason that salary certificate is not in the prescribed format. Again we have submitted the pay certificate in that format. Even then they are delaying to process our claim. We are in urgent need of money. We have taken money from the money lenders and paying high interest. Kindly look into the matter and arrange the money as soon as possible.

I've did inr.6123.60 payment through on line transaction for paym
Ent to kapil chit company on[protected]. But payment not done and
Even not receive acknowledgement in return. Whereas in account b
Alance is debated towards payment. For your reference i have atta
Ched the screen shot my payment transaction details and also kapi
L trancation history details which is not reflecting the particul
Ar transaction above mention amount on same dated. Please check
In this issue and resolve it soon sir.

Hello. Iam the customer of 10lkhs chit bearing chit fbttp02p ticket num:28, begumpet branch meridian plaza, ameerpet, hyderabd. As i have lifted my chit on 29th october and i have provided surieties on 6th of november. And the pblm arise for 30per less in surity they said. And that also provided. And the verification been done on 4th dec. Need amount b4 12th. Its almost 70 days till date amount didnt get..

Good afternoon sir/madum

We are the customer of this kapil chit funds and my name is. Madhuri, and my chit no: fbgto3j33 and it is represented by the name durga builders and i'm contacting your customer care and also your employees but i've not getting correct information about my chit and they are giving information that contact another numbers or any other branch. So i like to say it is very poor performance of your employees if it continues like this there are no customer give the response as good. Also your site is not good and also there are no perfect contact numbers in your site of related branches and also with the belief on your chits i'm taken the chit but i also know so many chits in hyderabad of my related branch eventhough i preferred your chit fund only so don't loose that much of confidence and belief on you otherwise i can cancel my chit in this kapil chit fund.

Dear sir/ madam,
I d raj kumar, had a chit of rs 5, 00, 000/- in the branch of amalapuram e. G. Dist chit #13j27.

I have completed my chit in the month of june 2017 but still know i am unable to get back my money of my chit so pls kindly look in the issue & kindly solve my problem as early as possible.

Many other customers also having the same issue.

Waiting for ur responce

Raj kumar

Dear concerns & leadership team,
Pls let me know how can you people will recruit managers for the branches who are not that much sensitive towards customers especially miyapur branch manager mr. Pandu who wont even respond to the calls & dont have an update on plots.
Are you people are going to encourage such people we cant spend much time & maintain constant relation with lovable kapil family.
Kindly check & do needful.

We have chit in kapil chit funds.
We have a 10 lakhs chit in balapur branch
Fblt02p. 50 members
Agent participated in auction on[protected]
After participating and auction is over.
It went 63, 600 less
After auction is over he is telling us to take the chit at which he took
Is this cheating why he participated and why he is leaving from auction
The manager is doing all this for commission.
Please look at this issue

This is eati thrilok sundar from visakhapatnam, i have chit in mvp double road branch, my total installments are 50 in fmvto7h-17 i am flat out on august and surety form submit on. September till the date i am following up with manager mvp double road branch and he is regularly postponing my payment and most of the time he is not even responding to my calls. I am very frustrated with this manner and very upset, regretting why i chose kapil chits to invest my sweat & blood. I am requesting you kindly make my payment as soon as possible with interest...

Good evening sir...
Ticket num - fjgt01h-19
Chit amount - 3, 00, 000/-
Total months - 50
Completed months - 33
Receiving amount - 2, 50, 000/-

This is dharam. Santhosh s/o chandraiah, kundaram (V) jangoan (D) pin code-506167
Dear sir,
Dear sir i am one of the chetti holder in your kapil chits branch-2, jangoan
I lifted my chetti in october month-2017, still now i am not received amount.
Mr. Raju (Manager[protected] he is not responding any time and he is not lifting my calls. I am going to cancel my chit in your chitfund
Kapil chit funds is one of the biggest chits company&very good company but the employees are very irresponsible persons. This comes bad name for company.

Dear sir please respond immediately and take action immediately. This is my humble request sir
Thanking you sir

Yours obediently,
Dharam. Santhosh
Cell:[protected]

My name k. Upender kapil chits lo 6 six chits one chit lift 100000 fixed and another chit lift 150000 fixed total 250000 fixed at kapil chitfund and another chit lift 28 nov 2017 another two not lifted chit s fedged the this chitty ippadivaraku veryfication boy not come i wiil call the phone no response warest receive the kapil (Kakatiya) muluguroad branch manager and verification boy prasanth kapil chitfund lo chits enduku vesanura ani ippudu anukuntunnanu warest revived and warest response the kapil chitfund.

This is uday kumar from mahadevpur of bhupalapally district, i have a 5 lakh chit in bhupalapally branch, i lift my chit in september. Verification completed a month ago. But your guys, especially branch manager ramesh regulary postponing my payment and most of the time he is not even responding to my calls. I am very frustrated with this manner and very upset, regretting why i chose kapil chits to invest my money. Today when i called him, he behaved in a harsh way with me. This guy is very rude and saying that you have to wait few more days.
Am waiting from more than a month,
How many days shoukd i wait like this?
Why should i wait?
Please take action against him...
Am very much upset with his behaviour...
Am regretting to choose kapil...

During the prize of chit we found that some one signed on my joining form.
and management people are also not effective.
I contacted tirupathi([protected]), he is also not clear of processes.

because of this it delayed and it delayed for 2 months.

this is fraud company.

they don't have any proper process in place and they are not supportive.

This is g. Dayakar reddy from siddipet, i have chit in siddioet branch, my total installments are 50 in fmst25j-17 and i lift my chit at 29th installment in october-2017, and surety form submit on 7.11.2017, till the date i am following up with manager siddipet branch and he is regularly postponing my payment and most of the time he is not even responding to my calls. I am very frustrated with this manner and very upset, regretting why i chose kapil chits to invest my sweat & blood. I am requesting you kindly make my payment as soon as possible with interest...

I regret to say that we have been a part of your chit fund.
I started chit of 15 lakhs before 42 months. I was given false promises from your representatives that i will be given the second or third chit. But i was not given which i initially have no regrets about it.

After we won the bid, the real problems started to us. We got the worst treatment and false promises from your team. Your team has keep on changing the requirements of the documents and confused my father who is in his old age. My father roamed around your office for almost five months carrying all the documents that are been asked by your representatives. But still no one helped and nothing moved further. Every time they promised him that the amount will be given in a week, but nothing moved further.

In the mean while, my father also got heart attack and we fell in some more deep troubles. This is only because of the harassment done by your amalapuram branch team and we hope you will understand the level of harassment.

Then we came to know the real fact that the branch manager of your amalapuram branch is doing this intentionally just for some personal benefits. And we have clearly told him that we will not offer any amount to him for sanctioning the documents and issuing the amount.

At last after a long long time, the documents are sanctioned but the manager has intentionally delayed the release of amount. And finally he told us that the interest for the delay in the payment will be given to us and it will be cut from the installments. But interest was not given to us till date.

Your bank manager is the most unethical person we have ever seen.

This is himan kumar from saroor nagar, i have chit in hasthinapuram (Hyd) branch, my total installments are 50 in fdt30j and i lift my chit at 37 in october, till the date i am following up with manager d. Anil kumar and he is regulary postponing my payment and most of the time he is not even responding to my calls. I am very frustrated with this manner and very upset, regretting why i chose kapil chits to invest my sweat & blood. I put security of my another chit in dilsukhnagar branch, though my payment is getting delayed. I am requesting you kindly make my payment as soon as possible with interest which i lost in this 3 months, otherwise i will take legal action on kapil chits. Are you troubling me only or rest of all customers are getting trouble because of you kapil chits?

This is to inform all concerned that i have a chit in governor pet (Chuttugunta) branch, withfvwto3g1-19, and the same for 2, 50000 is completed sept.2017. A communication was received as received 20000 videcheque no 2341/17 dated 13/10/17. The manager purnachander rao said he would arrange payment within ten days and that i paid the instalments regularly. My agony started since he has been postponing his commitment either with tomorrow or two days regularly creating a very bad opinion about the company. A hundred calls to him are answered ins similar manner. I request the concerned to arrange payment immediately.