Kapil Chit Funds Complaints & Reviews

Dear sir, i am ch. Vijaya from venkatagiri, i had applied a chit and i had made all the payments without any due and completed all the terms and it is machured. So i had participated in the auction which is laid on (27/oct/2016) with following chit no (Fshm03h-16), but the chit comes under the srikalahasthi branch, up to today i have not received the payment and i had visited the branch more than 50 times, but the behaviour of the branch...

Hi,
I have lifted my chit no FJMT01F-44 in Dec'16 due to most need of money.
But Kapil Chits, Jammikunta -2 Branch not paying my chit amount even given surety of my 1 lakh deposit bond.
As continuous calling to Branch, they are finally saying that my documents are misplaced. Kapil Chits insisting very much.
Pl look into this matter and resolve my issue.

Name: S Sanjeeva Chary
Cell No: [protected]...

Provided all the necessary documents of the sureties for this client number FTPT01P-13 at toopran branch, followed up with the Toopran manager continuously around 2 1/2 months, then finally received the chit amount. I paid the installments till 48th month without any delay, for 49 & 50th month, collection agent called me for installment, told him that I will pay the amount in 4 installments since I was paid the chit amount after 2 1/2 months,...

Sir,

I ( Venkateswarlu Koruturu) Chit holder at Harinathapuram Branch at Nellore Location, Andhra pradesh My Chit Number was FNET51F - 25, I paid cash for payment due to December -2016, but your Collecting agent Mr Saleem Syed passed entry in Cheque payment, he presented his personal cheque but cheque was bounced, it meet Harinatha puram branch Manager i informed to total problem, at the same time he passed cash entry in...

Sir, my chit no. Fbtt02h-39, begumpet branch. I have lifted the chit auction date[protected] and sureties submitted on[protected]. As per your company norms i have submitted total 5 sureties= 3 govt sureties, 1 ltd company with saledeedcopy, 1 in govt college but tempervory and i have given 50, 000/- deduction in advance chit payment. But still i have not received bid payable chq. So, kindly acknowledge the same....

Dear sir my name is siramdasu dinesh babu iam a chit member of 2009 in vijayawada 1, 50000 chit value the date of 28/12/2009 is i take my chit at the same day the ammount 1, 40000 is one year fixed full amount in kapil chit ofter my health is very week colonisation idont mind that fixed matter so plese helpme its not my complaint my request how to fallow fiend my money...

I have paid all my premium amounts upto date and knocked in December 2016 but the payment is not received till now .this issue was brought to the concerned Branch Mangaer, Kottapet Guntur but there was no response.
I have to receive approximately 5.6 lakhs rupess from Kapil chits and they are keeping on asking me to wait for next month since December-2016.
So please arrange payment of bid amount in respect of S Siva Kumari...

Hi sir my name is B. VENUGOPAL REDDY
I have Chit in Suryapet Branch-2, Telangana with chit no : FNKT05H -22
I was lifted the chit on[protected]
but till now i was not receive the money.Almost 2 months gone.I go to the branch every day but manager and accounts officer not in office.
office staff says sirs go to the field what is this worst service from Kapil chits, We are payed money monthly in in-time, But After...

Dear Sir,

We have a Chit that has matured in Dec-16 and documentation has been completed in the same month, but the amount has not been given till date while they are supposed to remit it immediately as there is no risk, due to chit period completion.
They are not even giving a timeline by when we can expect the payment, and instead becoming aggressive while we are requesting the payment.

The chit is...

Hi sir my name is K.Saddam Hussain
I have Chit in Nandyal Branch, Kurnool Dist, Andhra pradesh
my lift the chit My chit no : FNDS09F - 4
I am a last person
my chit action date is 27.12.2016
but till now a day i not receive the money
because his staff says monday to saturday.
example monday says saturday confirm payment
again saturday coming says monday confirm payment.
I go to...

Hi I am aka sreenivas
I have chit in kapil chits, kondapur branch, it is 40 month chit and i lifted in 38 month i.e December 2016. till now my amount is not cleared and branch manager Mr. yadav reddy is not responding not lifting phone calls and missing from the branch. how to complain further? where is the head office of the kapil chit funds.

Regards
aka sreenivas...

The payment what ever we paid is not updated for the offer or obeyed months of EMI by the Kapil agent. They are abusing a lot when we ask for the justice.

When we caontacted karimnagar branch manager MR Gopal Rao he is very irresponsible The manager Is saying bring a written proof from the agent Ravinder as what he owed then we can try to consider to adjust the Emi's...

Good Morning sir,

I am V. KANTHARAO. I have a chit in ur company at bhavanipuram branch. I was taken a bid on[protected]. which is amount of 159000. to take this amount they asked the surety documents. I submitted one govt and two private employees. One more surety they asked, then I submitted one more govt surety, which person joined in job in last 6 months. They refused 4th on surety because of less experience.. I don't...

My name S.Ravinder, from Narsampet, Warangal District, Telangana my chit no: FNT05P-48 in Kapil chit funds, Narsampet Branch and I am a successful bidder in the bid conducted on 30th Nov 2016. I have produced all documents which required by the Branch Manager. He told that he will pay the money within one month. Now already 2 months over. Still he has not released the chit amount. Whenever I ask to Manager he is postponing day after day....

Prasad who is working in kapil chits chanda nagar branch, hyderabad has miscommunication me intentionally scene created nucence and tried not to get my amount to me. and lot of confusion created to the guarantors by not explaing completely, wantedly, intentionally harassed me . pls take action immediately or i will approach police station.Prasad who is working in kapil chits chanda nagar branch, hyderabad has miscommunication me intentionally...

Hello i am aparna
I fixed my amount 150000/- for 2 years with interest it is 191250/- but they weren't give full amount to me. My number [protected], branch, karimnagar gandhi road, so take a action as soon as possible and they not give any proper response to me and we are pay 4 chitts and we are customer of past 5 year but i am not satisfied with your service change it as soon as possible....

I am deposit holder, But it is not regular deposit, It is Future liability deposit . I was paid the future liabilities in my chits but not proper respone to branch staff of ongole branch rtc depot branch for my original deposit bond of LP/KIA-ONG/A1/2016-amount of rs. 100000/- Maturity date is 6 January 2017 so kindly provide my original deposit bond and also provide maturity amount on that day my cell no.[protected]...

Hiii

I have taken a chit (Fdvt04h-3) from kapil chits and i used to pay chit by cash and i started to pay chits by using cheques.

One of my cheque was mis used by kapil chits kosta branch visakhapatnam

And no one is responsible for the same

For two months they told wait we will solve the issue and after two months you have not collected any receipt for the cheque.

I...

I've had my chit auctioned on 18th oct 2016 & was promised to get paid within 30 days. It's almost 3 months & i don't have the payment done. No matter how many times i call the agents they keep telling me that they will pay but don't make it. Branch manager for mulugu, dist warangal has absolutely no professionalism in handling customers & only making false promises.

I don't see any response from either from manager or agent...

I'm the customer since 6 years "alwal branch". Kapil chit fund is the waste chit which i have ever seen. They never fulfuill the customer need. They pay our money on bases if we add one or the other chit which is kept as a pledge with 4 to 5 government surities they affidavit is also asked with it. This ruler are never been mentioned before for the customer or it is available on which we make our agreement.

As a customer i...