Kapil Chit Funds Complaints & Reviews

Hi,

I have 5lacs chit with Kapil Chit funds hanumakonda, Warangal, Telengana branch. 33/50 months of chit are completed, and I have prized the chit in May-2023.
All verification is completed in June, but the money is not disbursed yet.
The chit agent is not responding nor giving the manager number to talk
As per last conversation with the agent, the manager is not releasing the chit amount.
I request you to take action against this.

Chit number: KKH01T42J

Amount debit from my account but not received by kapil chits please help on this

గౌరవ నీయులైన kapil chit fund Ed రాజ్ కుమార్ గారికి అనేక నమస్కారం ల తో చేయు విజ్ఞప్తి...
నా పేరు alishaala sammaiah అంటారు.. నోరు కట్టుకొని పైసా పైసా కూడబెట్టుకుని మీ కపిల్ chit fund hanamkonda branch 2లో 10lacks chit వేసి మూడు మాసాలు కింద లిఫ్ట్ చేశాను.. కొత్త chit లో జాయిన్ నేను కాక పోవడం చేత నన్ను వేదిస్తు నాకు రావలసిన అమౌంట్ చెల్లించకుండా కక్ష కట్టారు మీ ఉద్యోగులు. నాకు చాలా ముఖ్య మైన అవసరం ఉందని ed సత్య నారాయణ sir ని మరియు ప్రసిడెంట్ office లో ఒక sir నీ కలిశాను చాలా రోజుల కింద వాళ్ళు జూన్ 30లోపు ఇప్పిస్తామని ప్రమాణం చేశారు (హామీ) ఇప్పటి వరకు నాకు రావలసిన అమౌంట్ చెల్లించకుండా కక్ష సాధింపు చర్యలకు ఉపక్రమించారు. మీ ఉద్యోగులు in టైం లో చెల్లించినందకు మీ సంస్థ తీవ్ర జాప్యం చేస్తోంది.. మా బాబు కు కౌన్సిల్ g ఉందని మోత్తు కున్నా ఎవరూ పట్టించు కోవడం లేదు..24p ticket nomber 37 hanamkonda 2branch .. నాకు రావలసిన సొమ్ము 809000rs మీ సంస్థ లో గత 20సంత్సరకాలంగా chits వేస్తున్న నా అవసరానికి ఎప్పుడూ ఆడుకొడం లేదు. ఈ సారి మళ్ళీ నేను chit లో జాయిన్ కాలేదని మీ ఉద్యోగులు ఎలా ప్రవర్తిస్తూ న్నరో చూదండ్డి . మీరైనా సత్వరం న్యాయం చేసి నన్ను ఆదుకొన గలరు.
ఇట్లు
భవ దీయుడు
Alishala sammaiah
Tiket nomber 37
24p .hanam konda 2
రావలసి న అమౌంట్ 890000

I am D.Venkateswarlu. I am one of the chit members of your company .My chit number is KTY01T03P-2(KTY01T03P-3)
I have raised a chit of 1000000 on 28th February 2023. It's been 5 months but I have not received any chit amount. There is no proper response from Agent, RM, BM. I have been suffering mentally regarding this. I would like you to take an immediate action on this as soon as possible and respond immediately

With chit no:KTS03L03J-23 I started my chit of forty months. in the 36th month auction, I got the above chit on January, 23. After a lapse of four months i.e., in the month of May 23, they paid only Rs.2, 06, 700/- (part payment of Rs.5 lakh chit). is it in practice? As per my knowledge, the bid amount has to be paid in full at a stretch. As per SI of our locality, it is the manipulation of funds. So I decided to approach the court for this part payment if not settled in time.

Be cautious of Vinod and Srikanth Reddy, the employees of Kapil Chit Fund's Ibrahimpatnam branch, as they engage in fraudulent activities. They lure individuals by falsely claiming to provide a sum of 50 thousand rupees if they participate in a 50 lakh rupee chit. However, they fail to honor their commitment and do not fulfill their promise of payment. It is important to exercise vigilance when dealing with these individuals. We are prepared to provide all the necessary evidence to support our claim.

I tried to withdraw some of my money, but it was useless. After filing complaints with no response, which made me check for (w w w .Glowbancircuit . tech ) and i was able to watch several testimonies and reviews which led me to the retrieval of my funds back. Beware of where you invest your funds.

Dear Sir/Madam,

This is Katipaga Umarani. I have two fixed deposits in kapil chit funds pvt ltd. at blanagar branch, Hyderabad, Telangana. The maturity date is 11th May 2023, but the amount is still not yet returned.

Request you to resolve my issue as soon as possible.

Katipaga Umarani

I was one of the last guarantors for a Chit (FKBL05J-21) of my friends family memeber in the year 2013. However after some time they have not paid the money, so they started the procedure of extracting the money from the 5 guarantors.

They came with a court order stating that the amount will be deducted from salary (being a Govt employee) or I need to pay and settle with the legal team. Since I dint want to get the remark., I went ahead and managed to gather funds to a tune of around 50, 000/- ( it was very tough for me in 2013) at the time and settled the matter with the legal team by paying an amount of Rs.50, 000/- as per their advise as final settlement for my share and gave a receipt and acknowledgement for my letter. They informed that iam a received from my case and further no other obligation will be there. After almost 8 years one of the Kapil chits employee comes to my office and repeats the same story that some amount is pending for the chit and I have to pay it.

When I approached them (kapil chits team) they simply say get this settled in court as i didnt get the NOC from them. When i asked they have to issue it. They simply said that we can't help. This is what happens in chits.

Just imagine such a bogus chit fund team extracting money from the customers by hook or crook.

This is the state of these so called cheat funds as they rightly say.

Iam running round the court rooms for the past 1 year. Pls help

For the past weeks, I have been trying to withdraw my money but it kept writing errors, I advise everyone not to put their money on this site and if you have your money stalked with you can as well reach out. If not for ( w w w. Glowban circuit .Tech ) i checked .. They were the ones who assisted me to get my funds back.

My amount not given till now

I, GOLAMARI PAPI REDDY, have a chit in Kapil chit fund of Narsampet branch in Warangal district of Telangana state bearing No. FNT26J-28. Two months back that is in March 2023 I have participated in auction and lifted the chit for ₹ 475000(four lakhs seventy five thousand). But the amount is not yet settled by the company even after I have submitted all needed documents with in a week time. So it's my kind request for doing justice as soon as possible.

Respected Sir Ramapally Kalahast R/o Khammam few lines for your kind considaration Sir

I was surety older, one your chit members Durisety Krishna chary S/o Janakiramaiah R/o Madhira he failed to pay chit amout and issued court attachemtn orders to my vide chit no FTVT01G33 Nuziveedu court EP NO 109/2023 and ACP NO 112/2020 mof Principal Junior Civil Judge at Vijayawada sir please clear the court attachment orders against my and send letter to Commissioner of Police, Khammam or to me

Hi.
I started paying money at Kapil Chit funds.
But due my job related issues i want to withdraw my number from group although after several reminders to close my chit available with Kapil they are denying it and facing some trouble some issues.
Till now i paid 80000 rs through instalments for kapil chits.
Kindly interviene on this resolve my query.

Mr. Jeevan Reddy, who is BM of Kapil chit khairatabad branch has not sharing NOC for my chit and using un parliament language which got deep hurt for me.

He sent collection agent everytime to collect money, now he is asking to come Branch to take NOC with using disrespect words and quotes.

They use to BEG for a new chit but now they are not bothered of client to share NOC

Dear Sir/madam,
I am son in law of Srinivas Mothukuru, he is the customer of Kapil Chits, Chit no:- KKT01T25J-19 in Thorrur branch, Mahabubabad district, Telangana State. He got the brain stoke and brain surgery was done on February 2021, still he is suffering for that (attached his photo). I am paying monthly chit amount behalf of him.

We lifted the chit on June 2022, but they told that this branch is unable to give the money, if we put advance then they will provide interest for the advance and chit will convert to online, again lift the chit according to your convince. So we put the amount 4, 05, 000/- to the advance, advance chit no :- KHAT35J-33.

Still 11 months completed, they are not providing interest, but we are paying regularly monthly chit amount. This interest amount will be help to him. Please solve this issue as soon as possible.

Thank you.

Dear sir/madam

As I am not able to provide government surety I request you to cancel my prized chit ticket number KSET12 G-45.I am trying to clear my issue through your staffs from few months but there are not showing any interest to clear this . please cancel this chit as soon as possible because I don't want to get into trouble in future because of this.
Thank you

We are your customer from Suchitra branch. We have made all the payments without any default, person named Praveen used to collect amount each month in cash and took the pass book for making the entries and didn't return the same and asking us to pay an amount which is due for a month. To resolve the issue we went to branch then the manager at the branch manager replied politely at the moment and asked us to pay the amount after getting resolved, but meanwhile they sent a legal notice so we called him regarding the same then the words of him are worst. Atleast unable to give a proper respect to the customer. Please do needful to assure that kapil chit funds value their customers

Hi, I am the member of kapil chit 3 lacs, and I have participated in bid and got bid payable amount:273, 500/- but after completion of verification, still not get amount. and no response from managers at Khairatabad branch. Jeevanreddy, pasha, and khadar these are the persons with no response when I tried to contact them. May I know when will be the amount credited to my account? and auction completed on feb 28th 2023, still work in progress. could you please do the needful help.
Branch: KPHP-CAO | Group code: KKPM13H.
Auction month:13
thank you

!Regards,

khaled Mohammad abdul
[protected]

Myself, Kadali Ramabhadram taken a bond in Kapil Chits Amalapuram branch on 04/04/2018. Bond certificate no. SAHRB/IDA-RJY/A8/2018. Bond maturity date is of 04/04/2021. But till today we didn't got any singe rupee from it. Even after n number of phone calls and branch visits, nothing has worked out. During branch visits most of the time branch manager will not be available. luckily if branch manager was available the answer is "shared to the Hyderabad branch manager, and waiting for there response". I am not sure whether they have proper documentation?

Please help me ou.