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Kapil Chit Funds Complaints & Reviews

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Updated: Feb 9, 2026
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R
rp24550
from Nellore, Andhra Pradesh
May 21, 2016
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Address: Guntur, Andhra Pradesh, 522616
Website: www.consumercomplaints.in/new_complaint

Dear Sir/Madam
I am one of the chit member in Chilakaluripet in, Guntur District, In Andhraprdesh
i have won the chit in January -2016 but still i have not received my payment
here Manger tells amount not adjust for pay your payment. please solve my problem

I have logged compliant in the above subject After I have Received one call from kapil chit funds he was asking bank name i have told to him
unian bank of india after that he was disconnect my phone wy he was asking my bank name and why disconnect my phone
that cell no is
[protected]

here Manage contact no : [protected]
from
CHAITNYA PARELLA
w/o Ramnjaneyulu Prella

Cantact No [protected]
May 21, 2016
Updated by rp24550
Dear sir/madam
I am one of the chit member in chilakaluripet in, guntur district, in andhraprdesh
I have won the chit in january -2016 but still i have not received my payment
Here manger tells amount not adjust for pay your payment. Please solve my problem

Here manage contact no : [protected]
From
Chaitnya parella
W/o ramnjaneyulu prella

Cantact no [protected]
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    B
    Battus
    from Hyderabad, Telangana
    May 21, 2016
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    Address: 534275

    Sir

    Our money 50000 has been taken for security deposit and made it as a chits but our financial position is not that much high to value 4 chits of 5 lakhs . So please kindly return my money to pay outstanding amount of my chits .

    We were paying the chits by enormous hard work and we didn't get enough money and family is in deep problems

    Help me and solve our problem

    11 J & 22 J
    Kapil Chit Funds customer support has been notified about the posted complaint.
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      P
      prabhu_bpr
      from Bengaluru, Karnataka
      May 17, 2016
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      Resolved

      Address: Bangalore, Karnataka, 560076

      Dear sir,
      i am one of the subscriber in bashyam cirlce bangalore branch and prized 2 chits in the month of december 2015 and submitted all documents and asked deduct future liability.
      total due from them is. 5.5 lakhs but no positive response from branch every time they are giving new date and some time they are telling already deposited in my bank account but if i ask proof again telling not deposited like this they are telling.
      Please instruct your team to settle my amount at the earliest.
      Sep 8, 2017
      Complaint marked as Resolved 
      Still interest payment and dividend amount to be received from Bashyam circle approximately; rs.23k. and at present 70K due from Jayanagar branch. please release immediately. thanks prabhakar
      Kapil Chit Funds customer support has been notified about the posted complaint.
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        A
        agent agent
        from Hyderabad, Telangana
        Apr 28, 2016
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        Address: 500072

        Hello kapil cheat fund company
        Why you started chit fund business, to cheat customers or else to serve customer, your company spoiled my life. Uppal branch manager and abm eating public money bm and abm both are doing malpractice in lakhs. Mr chairman sir please take action remove that from their jobs. Mandi oosuru oorike podu me kutumbalani nashanam chesthadi ma bathukulu aagam chesiru meru.Inka ma brathukulu elagu bagupadavu kanisam vala mida action tiskondi, please take action on that money beggers...
        Kapil Chit Funds customer support has been notified about the posted complaint.
        I am chit member of kapil chits mahabubnagar, srinivasa colony of 5 lacs. i got chit in november 2015 . i submitted all details in december. They asked me to give another suerity . igave in january. up till now i did not get cheque. No body is giving proper response.

        D.Rama krishna sharma

        [protected]
        [protected]
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          P
          Pola Jadesh Padmashali
          from Hyderabad, Telangana
          Apr 26, 2016
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          Website: www.kapilchits.com

          Hi

          I am member of FAT09F-9 chit and it is 1 lac amount chit.
          I have lifted the chit in the month of feb and after that, i have provided required docs immediately but, Now, they are continuously telling the cheque will come in two days, one day and next week etc... But, so far no proper response.

          Branch : Alwal
          Manager: mr.vinodh rao

          All these guys are fraud. They are forcing me to open another chit for giving by amount. This is very very worst...

          I will not recomand any one to join in this kapil chits...
          Kapil Chit Funds customer support has been notified about the posted complaint.
          They are taking money from customer and after that, playing with that money but not returning the money to customers on time.

          Kapil Chit Funds Pvt Ltd — Chit amt not recieved.rajkishan

          It is all about chit amt not released so many different types reason for there favour.rajkishan chit means savings or if required it's useful in between period.rajkishan

          Kapil Chit Funds — did not riten the money

          i am
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            N
            nagesh_vaddadi
            from Gurgaon, Haryana
            Apr 20, 2016
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            Address: Ranga Reddy, Andhra Pradesh, 500049

            Hi

            I am member of fkt09j chit and it is 5 lac amount chit.
            I have lifted the chit in the month of jan and after that, i have provided required docs immediately but, they took 1.5 months to complete the verification. Now, they are continuously telling the cheque will come in two days, one day and next week etc... But, so far no proper response.

            Branch : kukatpally, vivekananda nagar
            Manager: vital reddy
            Office boy: raju

            All these guys are fraud. They are forcing me to open another chit for giving by amount. This is very very worst service and response from company.

            They are taking money from customer and after that, playing with that money but not returning the money to customers on time.

            Please take a necessary action against this branch
            Kapil Chit Funds customer support has been notified about the posted complaint.
            worst experience with kapil chits...
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              S
              Siva nageswara rao Peram
              from Bengaluru, Karnataka
              Apr 5, 2016
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              Address: 520008
              Website: www.kapilchits.com

              I Sri. Peram Siva Nageswara Rao has deposited amount in kapil chits
              till now 8 months there is no response from the kapil chit funds already i have escalated about this problem to the concerned branch still there is no response from the concerned please help me to get my amount .

              [protected]
              Chit value :5 lakhs .
              I am venkatswami kapil chitfund medchal branch collection boy amount personal use.and branch manager seeing a cinema.manager dont take a minimum respons.he will made from chitfund company to cheatfund company.manager no administration no managing no maintain no respons wrost medchal branch
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                G
                Gopal Madduri
                Mar 16, 2016
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                Address: 500060

                My name is M. Gopal. Resident of 21-119 Syndicate Bank Colony, V V Nagar,
                Hyderabad. I had drawn a chit of Rs. 100000 and completed all payments. Now I requested refund of Insurance Deposit as per letter from Company and submitted all papers required for refund of Rs. 7500. So far Company not refunded the amount or credited to my Bank account. After meeting Dilsukhnagar / Chaitanyapuri staff on March 1st 2016 they informed it will be crd to Bank in 3 days. So far no development.
                Please act immediately and credit amount to Bank.
                Kapil Chit Funds customer support has been notified about the posted complaint.
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                  C
                  chinnapalaiah
                  from Bengaluru, Karnataka
                  Feb 22, 2016
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                  Address: YSR, Andhra Pradesh, 516003

                  Hi Team,

                  we have created a new user with the emial id : [protected]@gmail.com

                  But I am unable to login with that email id

                  can u plz help me how to login with that id,

                  I have clicked "forgot password" link also but no mail came
                  Kapil Chit Funds customer support has been notified about the posted complaint.
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                    R
                    rahmanss
                    from Yarada, Andhra Pradesh
                    Feb 22, 2016
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                    Address: 500053
                    Website: www.kapilchits.com

                    AGENT Naresh [protected]
                    start chit sep15 .given the commitment nov dec15 and didnt given till jan. i said give me total amount what ever i paid u.. today are feb16. i spoke with manager
                    madhu sudan reddy. he saying. that is not responsibility. Better you talk with agent . on this matter what should i do.
                    Kapil Chit Funds customer support has been notified about the posted complaint.
                    my mobile phone no [protected]
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                      D
                      d pandu ranga rao
                      from Guntur, Andhra Pradesh
                      Feb 18, 2016
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                      Address: Guntur, Andhra Pradesh, 522002
                      Website: www.kapilchits.com

                      Hello sir,
                      i am D.Pandu Ranga Rao pno [protected] working emloyee in guntur dist. Sir i paid two months chit amount to ur A Bm T.Srinivasa Rao kapil chits pvt ltd sattenapally branch guntur dist .that amount is not credited in my account also instead of that he gave me one cheque it is returned, we went to office and complained to Bm also he is also not respond.and next chit payments also they did nt take from us.
                      Kapil Chit Funds customer support has been notified about the posted complaint.
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                        R
                        Rams2703
                        from Hyderabad, Telangana
                        Feb 11, 2016
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                        Address: 507111

                        I inform that you chit no fbcs13f-23 left janury'16 monthr their is no payment no responds your organization kothagudem-2 branch it is totally chit ted and fared public in KAPIL CHITS FUND PLE NECESSARILY ACTION
                        Kapil Chit Funds customer support has been notified about the posted complaint.
                        Wrest Chit Fund Company IN KAPIL IN INDIA
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                          Rams2703
                          from Hyderabad, Telangana
                          Feb 11, 2016
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                          Address: Khammam, Andhra Pradesh, 507111

                          I inform that you chit NO Fbcs13f-23 left january'16 month payment dealy at the sam chits
                          before 4, 5 months dealy at the same time to day
                          Kapil Chit Funds customer support has been notified about the posted complaint.
                          kapil chits is chit ted company public money is divert other activeness
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                            Rajesh197o
                            from Chandigarh, Chandigarh
                            Feb 4, 2016
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                            Address: 500008

                            My chit no.FBNT05H-28.I parcipated in the auction hed in the month of DEC.15. I have to pay all remainding amount.
                            But till i haven't get any details andcmy account. I have been waiting patientey for the past 1.5 months. Are you peope traying to cheat us and eseape?
                            Please clarified above mater.
                            RAJESH BABU
                            PRO.ENGG.
                            BALANAGER
                            HYDETABAD.
                            (FBNTO5H-28)
                            Cell No.[protected]/[protected].
                            Kapil Chit Funds customer support has been notified about the posted complaint.
                            Hi,

                            I am one of the subscriber in Bashyam circle Bangalore office my name is prabhakar reddy.BIL04J-34 lifted in the month of december 2015 and asked them to repay after deducting future liability and also due amount upto feb from my side.
                            but they are keep on postponing every time. please help me out. i need this amount very urgently.

                            thanks
                            prabhakar
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                              krishnavenichava
                              from Hyderabad, Telangana
                              Jan 18, 2016
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                              Address: East Godavari, Andhra Pradesh, 502032
                              Website: www.kapilchits.com

                              Dear sir, i have clearly told them this month i need chit to pay my daughters fee. after 18 days they are saying this month we are not giving to you. latterly pathetic experience and senior officials are irresponsible. I have given messages to all senior officials but nobody responding. Their branch officials behaving very rudely.
                              Kapil Chit Funds customer support has been notified about the posted complaint.
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                                HARI KRISHNA
                                from Hyderabad, Telangana
                                Jan 4, 2016
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                                Address: Krishna, Andhra Pradesh, 521201
                                Website: www.kapilchits.com/Contact.aspx

                                Nuzvid branch Manager not paid my chit amount (9.5 Laks). From agent to AGM of regional office, all are giving negligible answers. The AGM also says"Who are you?" my request to all not to invest in Kapil Chits.Manager won't lift the call. Agent speaks like as if he is not aware of me. Every says that they don't know their head office number. No one is lifting the number [protected] which is mentioned as corporate office number in their website
                                Kapil Chit Funds customer support has been notified about the posted complaint.
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                                  nanday2kn
                                  from Bengaluru, Karnataka
                                  Jan 4, 2016
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                                  Address: 560041
                                  Website: www.kapilchits.com

                                  Dear K. Vaman Rao, i bring to notice jayangar branch of bangalore is of no use, please close and settle money what is collected from us. u either have genuie manger to attend call and if we go and visit not able to see manager . whever called messages busy with personal work. call u back. please u come down and make necessary arrangement or shut down and clear investers dont avoid. rgds
                                  Kapil Chit Funds customer support has been notified about the posted complaint.
                                  Jan 04, 2016
                                  Updated by nanday2kn
                                  no managers in jayanagar branch all hyderbad team is taking
                                  Hi Vaman Rao, have you got your money from Jayanagar branch
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                                    S
                                    saisedu
                                    from Kottayam, Kerala
                                    Dec 29, 2015
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                                    100000 chit and 2.5 lakh chit

                                    Address: 531055
                                    Website: KAPIL CHITS KOSTA

                                    I am a kapil chits member i went for auction of 1lakh chit after paing 11 months successfully at a loss for rs 40000 but after 4 months they paid only 40000 into my bank account instead of 60000 and so i discontinued paying after 35 months asking them to settle but the matter went to arbitrator that was a big mischiefe, they will not intimate in time and willnot give us the awrd copy. Again i went for 2.5lakh chit auction after 10months...
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                                    V
                                    Venkateswarreddy
                                    from Delhi, Delhi
                                    Dec 18, 2015
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                                    Address: 521456

                                    I, G.Venkateswara reddy bearing chit no FHT02P-43 in eluru br. I got bid in the month sept. 2015. I submitted my sureties and verification completed. Till today my bid amount not give, it is almost 4th month. No one is responding neither br manager nor zonal manage . I f call them they r giving silly r mosy irresponsible answers. This caused loss of twenty lakhs .will ur company hold the reponsibility of my loss.
                                    Kapil Chit Funds customer support has been notified about the posted complaint.
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                                      Ruksana 123
                                      from Mumbai, Maharashtra
                                      Nov 11, 2015
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                                      Address: Anantapur, Andhra Pradesh, 515001
                                      Website: kapil chits

                                      Sir, This is in relation to my Chit amount bided and prized in August 15, till date not given, I am customer of kapil and have various chits but due to this irresponsibility I am withdrawing all my chits and not advisable to anybody to believe Kapil Chits- I am complaining on Anantapur, Ramnagar Branch Manager and other staff, I want to file a criminal case against manager for cheating and false promise -S.Ruksana Begum -Anantapur
                                      Kapil Chit Funds customer support has been notified about the posted complaint.
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