Kapil Chit Funds Complaints & Reviews

I've had my chit auctioned on 28th july 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. Mr. Azeemuddin who is a branch manager for dilahukhnagar branch has absolutely no professionalism in handling customers & only making false promises.

I don't see any response from either...

I am regular chit holder in kapil chits badvel. After auction of chit they are supposed to give money to prized bidder with in 30 days. But chit fund company is never giving money in time.
Chit no fbv01 ip-35, 10 lacs chit was auctioned on 29.8.16 and produced all documents required. But they have not given me money so far, which is actually due to me on 29.9.16. It happened many a times previously. I participated in bid as i need...

Hello, this is Kiran from Hyderabad, I have taken chit in ghatkesar, Hyderabad branch, tenure has been completed, that branch executive and branch BM said I would get my money in 1 month but it's being 3 months I didn't get the amount yet, that executive and BM are not responding my calls, I didn't get proper response from anyone, plz solve the issue and provide my payment my chit number FGTL01G-23
Executive no. [protected]
BM...

Hai,
I naresh here i have invested in kapil chits, and i dicided to with draw my money, and all formalities has been done for this they have taken all most 3 months and after completion of all these things, and they are taking more than 2 months to deposit my money in my account, when ever i call to branch manager he won't lift my call and even he don't give any information about that amount, am feed of from your wrost services and...

My name M.Sreekanth, residing at Tirupati, Chittoor District, Andhra Pradesh my chit no: FSHTC02P-24 in Kapil chit funds, Srikalahasti Branch and I am a successful bidder in the bid conducted on 14th May 2016. I have produced all documents which required by the Branch Manager, Srikalahasti. He told that he will pay the money within one month. Now already 5 months over. Still he has not released the chit amount. Whenever I ask to Sri Munikumar,...

My name Durbakula Ramadevi, residing at Podili, my chit no: fmrt09j/45 in Kapil chit funds, and i lift my chit on 25th Jan 2016, and the branch is Markapur, Prakasm (DT), AP. I need to get total Rs.4, 05, 000. They told after lifting the chit, they will pay the money with in one month. Now already 8 months over. Still they are not released the chit amount. When ever we are asking the money, they are telling that they will give today or tomorrow....

I am resident of medchal have joined as a member in Rs 5, 00, 000-00 chit in medchal Branch. As I got the bid, I got the amount in the form of cheque excluding some charges like verification charges Rs 1000/-, service tax Rs 2163/-, Health club bond Rs 2300/- and insurance for amount of 3500/- they ensured me that give the health bond after getting. After few days, I requested the manager, to issue the bond. He told he will send.
Kapil...

This is B L Prasad, one of the company agent telling me about chit policy & benefits I paid the one month instalment 10, 000rps signed overall documents... 5 months later your chit collapsed, you pay another 5000rps for regular continued/withdrawal chit..no.of times I text to agent he never respond me... The company terms and conditions is most worst cases... I heard there after three months cheque presented to customers...what I can do???...

Regarding my chits No.FKKS13F-14/kakinada even after 4 months my chit amount not released so far, i submit all requirements which was asked by you.It is very much difficult to me and lost my belief on your company. resulting i got negative opinion on your company and i will share my difficult to friends and others. Even after several reminders your people did not responding properly. I have only way to proceed the legal. ---jayamani....

My chit no:fpdt01p-31, piduguralla branch, guntur district. I signed into the website of company i. E. Kapilchitfunds, created my account, as instructed in 'visual tour' of the site, added my chit details but unable to get the details of all transactions. I could only see that my chit is 'in progress'. Please suggest me if there is any way of getting the detailed history of payments i made towards my chit. Details of date...

Dear team,
My check signature perjury on[protected], at kalwakurthy branch.
Kapil chits employee mr. venkatesh (branch manager) has perjury my signature on 3rd aug 2016.
Name-kalyankar shoban babu.
Phone number-[protected], [protected].
Chits details - fkwp02f-3.

Not responding any one off kalwakurthy branch persons.
Kindly action and revert me....

I lift my chit in kalpilchits fund of cheryal mandal district warangal. there five five months were finished still they are not giving money and the manager not picking my call and his name is chandramouli and AD hanmakonda not responding to my calls.
please do not join and waste your money by believing kapil chits its really waste of time and your money too....

I was lift my chit at kalwakurthy branch of mbnr on 28/5/2016, submitted mysurities by 10/6/2016, and the company was verified my surities by 5/7/2016 and the manager of thebranch sri venkatesh goud andregional manager sri sriramarao wantedly late.
Ri venkatesh manager of the branch was wantedly doing late and he is saying that as he i can cancell the chit. And he is saying that no paise will come to you, go any where to complaint....

I have chit in kapil chits 3 lac i acasation chit on dec-2015 then kapil chits agent mr. Veketesh & manger s mr9.kishor commted 1 month time then 2 months then both are chaanged then new staff came then same status then agin change staff still date i had not geting payment i request clear my payment or plz close my chit give back my final intest . Branch eluru namr _ mr.sukumar. regards. Mahesh -[protected]....

Dear sir,
My name rajamouli mob no [protected], am joined in kapil chit sankarpally branch for 10lak chit and paid 13 months rs 184000/- after 13 months am lifted chit on[protected] given surety to kapil with in 5 days after 4 months completed they are told your chits was very heavy we are not give to your lifted chity amount. after 15 days call from branch manager and told me sir your total amount was rs 184000/- amount will be adjusted...

I have started 3 chits (2- Five lakh chits and 1- 15 lakh chit)with Kapil chits in Janaury'2014.
after 6 months, I have cancelled one 5 lakh chit and one 15 lakh chit and redeemed the 5 lakh chit.
as that time in total I have paid around 2.5 lakhs for all 3 chits and they have paid me around 2.5 lakhs as part of 5 lakh chi have redeemed.

For the cancelled chits, they did not pay me a single paisa, for which I...

Sir

We are requesting to prevent managers who is working as a target based, stalling auctioned amount and adding new chits force fully . It happened in our life and personal experience o[censored]s freezes amount and added to new chits of worth 10 lakhs later it was cancelled by them .

We lost Rs.50000 and LIC Rs.30000 for two years (Without Acceptance)

I urge Indian Consumer Complaints Forum to take...

Sir,
I am v. Manohar rao gudur andhra pradesh compliant for kapil chit gudur branch -2. They sanctioned chit for me before 2 months back. But till they are not give amount to me. I asked the manager but he is irregular answer give to me.
My chit number is fgmt07f/23. That branch people also not give correct answer to me. Pls. Help and give my amount....

My name P. Parvathi chit Ref: FRKT22F/30 of Rajampeta branch, kadapa district.

I had been paid monthly installments regularly. I have submitted surity documents etc in time at kapil chit office Rajampeta branch. But not gave chit amount till now.
I notice my problem to you and i hope that you will take a necessary action as possible as soon.
thanking you.
yours faithfully
PITTA PARVATHI...

Dear manager,

I am subscriber of anandbagh chit holding number and name :- fab02p is chit group and number is :- 13 and name is :- y archana we have offered the bid for on april[protected] and we have provided all the required the pledge to for the existing amount all the proceeding also completed

Still i did not get my cheque form you kapil chits i want some one should take the action and let me know does...