Kapil Chit Funds Complaints & Reviews

Sir, I am a subscriber of Kapil Chits for 10 years. I have 2 Chits valued 1.5 Lakhs & 5 Lakhs and 1 chit of 5 Lakh in my wife's name. I have become a prized subscriber of 1.5 Lakhs chit and prized Rs.92, 700/- with deduction of 57, 300/- on 27.06.2015. I have submitted all required documents of my self and my sureties. But the chit amount has not been paid to me even after a lapse of 3months. I decided to discontinue to be subscriber for remaining chits. Please show the solution.

Hi, I am Swathi Desaboyina and I have 5 Lakh chit in Kapil chit funds, Tenali. Chit number is ftes01j-6. I have bidden for chit for 4.50L on May 28th, 2015. Chit will be closed on December 2015. Because I have claimed it earlier they have asked for suriety and I have provided all the documents on June. Two government employees have given suriety for the rest of amount. I pay the chit regularly and they are troubling me since 4 months for releasing the amount I have claimed for. I have talked with Manager as well yet the response is nill. Please do work on this issue and resolve asap.

We received call from Kapil chits srinivas [protected] secunderabad office who claims will send demand notice to our Surety holders. i paid 46months chit amount and for next 4months chit amount also ready to pay. The problem is i was asked to pay cheque bounce charges which was levied in my chit record wherein i cleared the amount before cheque date issued at their branch office. Hence i have asked them not to charge me but still i was charged and asked to pay. Why should a customer pay for the companys mistake. I want the total 4000 or 5000 which was charged for cheque bounce or for the collection mistake to be waived off and then contact me for the amount which to be paid for the Kapil chits. Dear Govt officials please look in to the harassment. My contact number: [protected] My Email ID: [protected]@yahoo.co.in

Dear Sir My chit no.FMGT16G1-20. Current month is 13th is over. when the 3rd month I lifted the chit in draw the sealing amount Rs 1.00.000. They ask 3no's surities. But in the suriti form not mentioned the type of surities. But they writtenly wrote some type conditions for surities. That conditions may not fill by me because that type of conditions your people is given. Finally after 3months before action i have submitted the surities but the branch not accepted. So Iam waited to the chit for open action. Today i attend the open action they put the Rs.70.000 amount offer price. That person was not came to action. The company started action from Rs.70.000. The chit action goes Rs.1.00.000 and it put in draw. So i not able to lift the chit. Iam eagarly waited from the chit open action. But your company not transfereney in coustomer service. Now iam hardly getting my financial life due to this chitfund behaviour. So please take care about customers. Thanking you sir. Your's faith fully. K vishwaroopa chary Mobile:[protected]

Sir I'm a chit holder of kapil chits fund. I have to penalty system. For example as per company rules payment of chit fund should clear up to 25th of each moth otherwise they add the penalty . we have no problem with penalty but when we take the chit company giving amount after 30days . so my complaint is that kapil chit fund company should pay the penalty to customer if they delay payment. I have taken chit on auction rs 412000/- still amount not clear by company. My request is company dhould give the penalty to me. Pl clear my doubt

They will not pay chit in time. I have two chits one made as surity for other but still they didn't pay for 3 months and started complaining others are not paying. Don't pay chit in kapil chits. They will start abusing if you ask your own money. To make you pay they will say sweet words. After investing they will show you he'll. They are hopeless people. I have payed all chits in time and start saying that we will give when we have money...

​kapil chits Adoni branch I have participated in action on[protected] and. auctioned for 27000/- and I have submitted 3 govt surety with in time but till date[protected] chit amount not received.when customer giving complaints to head office the kapil chits is a worst chit fund company is cheating to people

Respected sir,
I, sp babu, kapil chit reference no - fdvt06j - 35.
I started a chit amt 500000 and pay regularly in time. I had lifted the chit in[protected], i submtted all surety forms in the concerned branch dharmavaram. But yesterday 15 / 07 / 2015 all suretys are enquired and taken signatures of suretys. After that i make a call to the branch manager mr venugopal to talk about my chit, how much days taken to given the cheque, after completion of verifying of sureties. Then the branch tolding that, you lift the chit at the time of old branch manager time. You asked to that branch manager only, but i asked to the new manager, you are working in the dharmavaram branch, you need to give answer to my question, then the manager told 2 to 3 months time taken. And then started unused language talk to me. Then i complained to the regional manager. Atlast iam asking to the company i paid all the chit amt in time, but they were saying it will take 2 to 3 months.

I'm part of one chit under KAPIL Chit Fund pvt ltd. I really had very sore experience with these guys. I'm part of auction on May 28-15 and I got that one Today is July-1-2015 still I didnot receive my money. Every day they are saying in one in one week and days are passing but they are not giving money. I thought this is happening for me only but on inquiry I came to know that it's happening for most of customers. They are doing intentionally. I really got pissed off.

I am not satisfying in this branch not given proper response about my deleted chit. I have two chits that is FKMT60F-45, FKMT60F-46 in kamareddy-I branch It is one lakh chit... So i regularly paid my amount every month until nov/dec 2014.. Due to my health problem i am unable to pay next two months., After that one of my friend gave advise that to login in kapilchits.com and there you can pay by online... Then i registered on this group after 24 hrs they shown to me wrong chit both... Then i informed to staff they told to me we will solve this... Every month they said same words. I am irritated those peoples... Please you may solve my problem sir... Now i have burden to pay amount at a time... Thanking you sir

May be both are worrest persons in your organisation that branch name is vanasthalipuram in hyderabad those behaviour is so bad way of talking not giving to the respect after lifting the chit both are troubling to the subscriber giving to the bid amount so please punish to the those candidates

Sir this is m.srinivasa chary from huzurabad, karimnagar district.I am the member of fifteen lakhs chit and I won that chit on 29th month on 28april 2015. Due to irregular of my payments I was paid above fifteen thousand rupees of penalties. That's why I was deposited sevenlakhs for remaining 20 months as liquid surity.but the manager wantedly extending for my remaining amt.he said that rudely I will give to you after 45 days as per company rules and you also signed on that rules. Sir pls clarify to me is there that type of company rules? Sir he already said to me action to action your amt will be deposited in your account. But now he forgotten his words and says that as much as like you can do anything and also says if you are interested to giving a paper statement do it, there is nothing happened.pls take appropriate action on thirupathyreddy, manager of kapil chits, huzurabad. Pls give me amt within 2 or 3 days.

I am vijaya of paloncha.I did not got my chit amount. I auctioned my chit amount on 26/4/15 we have fulfilled all the requirements of kapil chits.the kapil chits did not enquired about surities.my account number is FPVT15F33. this is the cry of the middle class.I request you to please respond about this issue

I have started 4 chits for rupees one lakh each at Kapil chits Kosta Pvt Ltd Kakinada, East Godavari district, Andhra Pradesh. I have paid chit installments for full term for two chits but discontinued paying installments for the other two chits in the midterm.I have received the total chit amount for two chits after completion of full term.However inspite of repeated requests and reminders the concerned officials are negligent to issue the amount for the previously discontinued two chits.The branch head is least bothered to respond to my query and solve the issue.Hence I m hereby bringing forth this complaint and request you to do justice to me.

Dear Sir I am D.sirish kumar, kapil chit customer FHIS08F-2, I and my family having chits in your company in himayath nagar branch. Our accounts are manipulated by MR kumarswamy branch manager .He collect cash every month and don’t update in our accounts. We regular pay all the chits every month with out fail and updated in chit book, but it will not update online and in company records’ have recived letter from the company once saying 6 months pending .when i called branch manager he says it is company mistake .i am attaching all the documents please check and update my payments in your records.i like to talk more on this to concern person in your company.i am totally dissapointed and lost trust with your kapil company . list of other chits of our family in your company. FHIT01G FHIT01G FHIL03F FHL18J thanking you D.sirish kumar [protected]

I am kumar, kapil chit customer FHIS08F-2, I and my family having chits in your company in himayath nagar branch. Our accounts are manipulated by MR kumarswamy branch manager .He collect cash every month and don’t update in our accounts. We regular pay all the chits every month with out fail and updated in chit book, but it will not update online and in company records’ have recived letter from the company once saying 6 months pending .when i called branch manager he says it is company mistake .i am attaching all the documents please check and update my payments in your records.i like to talk more on this to concern person in your company.i am totally dissapointed and lost trust with your kapil group company . list of other chits of our family in your company. FHIT01G FHIT01G FHIL03F FHL18J thanking you sirish [protected]

My name is Jagadeesh
I completely unsatisfied with Kapil chit fund private Ltd Kamareddy branch the branch manager and the staff are completely irresponsible persons please don't trust anyone executive in kapil chit especially in kamareddy branch.
Worst of time and money.

We had completed giving money for 50 months, now that we have lifted the chit and submitted all documents on the 5th of March 2015, they have promised me a date of 20 days after the submission of all documents. Today is 6th April 2015 and after committments from their Managing Director and the Executive Director the managers named Mr.Ramulu has still not issued my money to me. Is there anyone who can address the harressment and the rude behaviour of the staff of KAPIL CHITS.

I by name K. SREENIVASA MOORTHY having chit worth Rs. 5, 00000. In an auction i got chance to lift the chit for my house construction . The chit amount in auction is Rs. 3, 00000. The auction was made in the month of JANUARY-2015.Manager promised that he will pay the amount in the form of DD by third week of February. But till date he didn't pay the amount. The name of manager is SRRENIVASA REDDY WITH PHONE NO. [protected] and the agent by...

Chit fund companies made rules for their benefits. They least bother of subscriber rights deploying rowdies for recovering money to whom we should complain No display boards in company to whom suggest, comply. I personally facing problem by kapil chit fund hanamkonda chowrasta branch