Kapil Chit Funds Complaints & Reviews

I have a chit with kapil chit (Cheat) funds, i have bid the chit 4 months back and it has been cleared now they are telling all possible stories to stop payment like still your payment is pending, your another bid is in legal it has to be cleared, i told them to clear the another with my account instead of doing that they have deducted amount from my chit for unknown persons chit and know they are telling clear the chit and take amount

Good morning.

I have knocked the bid in respect of my chit no. Fabl02f/26 on 29/04/216. But still the bid amount is not paid telling one or other reasons. It is very bad. With utmost trust i have chosen the kapil chits but the services are very bad. Please examine my issue and see that the bid amount is paid to me today.
Best regards.
S. Siddeswar rao
[protected]

Hello sir

I have registered a complaint in india consumer complaints and to kapil chits chairman vaman k rao sir. I got a message that you have received the complaint and let me know what is the result.

Brief about my complaint :

Sir we were not rich persons even though we afford to add chits of 11 lakhs and paying money some ought irregularly due to bad financial and health issues of my family. You have deducted two assurance new 5 lakh chits by kapil manager of tadepalli gudem and my brother who he is not working any where. The only person who is paying the amount is my father retired employee and undergone bypass surgery. You have deducted insurance in the name of 2 years rs.30000 and 2 security valued chits for 5 lakhs worth rs.50000 total of rs.80000.

Sir please understand literally in other words we were selling our blood to pay the chit installments and we were not in a position to pay.

So please kindly revert the cancelled chit money of rs.50000 and make my chits alive of without due then we will try to pay regularly remaining 15 months.
Help us to solve our problems and we are liable customers and understand us
Thank you

Dear sir,
It is bring to your notice that i am the kapil chit fund member of kukatpally branch, chit no:fkkkto4j-9, feb-16 month ending i won the bid, i have completed all the surity documents in march 2016, sofar i am not received any chq, at lost yesterday we went kukat pally branch, we met to the branch manager mr. Jaya prasad reddy, he assured that end of the week, the chaq will be issued.
The following are the my basic doubts, pls answer it, other wise we will go legal proceeding
1) why this much time has taken, our surity documents are no error?
2) genereal march amount is collected in march only, why still pending my chit amt at kapil chit fund?
3) there is no transferency in amount paying at branch level, there is some fraud going in bracnh and corporate office.
4) who shoul pay the interest for 4.4lac in 2 months period.

Please respond with in 3 days

With regdars
M. Madhava rao
[protected]

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]

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

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.

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...

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...

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

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 .

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.

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

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.

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.

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

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

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].

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.

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