Kapil Chit Funds Complaints & Reviews

date:[protected],
warangal.
To
The Managing director,
kapil chitfunds pvt ltd.
ANDHRA PRADESH
From
GUNDE VARA KUMAR
FBGT04F-38
BHONGIR BRANCH
Dear sir,
Here, introducing myself as one ofsubscriber different groups of your kapil chits in jangaon and bhongir branches.br...

Hi, My name is Vijaya from Hyderabad.... I would like to bring to all your notice that KAPIL CHITS is worst chit company and the management thinks they can do anything they want.

Story Goes likes this:::

My CHIT commencement was on[protected], period 50 Monthsand the value is for 5 lakhs. This chit was for my Daughter's marriage. I went to Kapil Chits Dilshuknagar Branch.... there one of the employee or...

i, ghrao lecturer , svrmcollege nagaram, Guntur Dt., . i prized the
chit no FTEM01H in October(21st month out of 30 month chit) for Rs.2,58,500. but i received only Rs.
1,85,679 from the company in[protected]. The staff of local branch
cannot give the details of the remaining amount. I consult many times
to the staff personally & in phone but they do not give reasonable
answer until today and also...

Iam Chandra sekhar reddy, writing this complaint against Kapil Chits, Chandanagar Branch

I was lifted my chit on 29/10/2011, but today 29/12/2011, till date I was not given my amount, they are intentionally delaying my amount and using for some other purposes, even staff also having poor quality in customer response, I request on and all not to join in any chits of this company, you will be one of victim like me in futurebr...

I am a subscriber for chit No.BJT04P-5 for a sum of Rs.10,00.000.
As intimated I had payed sum of Rs.20,500 s first installment by way of cheque and second installment for sum of Rs.15,000 by away of cheque to the jayanagar branch.. Both the cheques are encased by Kapil chit funds. On due investigation I got to know that the above chit for the said amount has not yet commenced and they have encased my cheques into their pocket.br...

Dear All,

My name is Arun kumar i have 03 Chits in Kapil Chits for 3 lakhs, 5 lakhs and 15 Lakhs, my Kapil Chitfund Agent Name. Mr. Madhu [protected], i have lifted 5 lakhs chit last year and submitted security as per the rules for any chit company, but The Branch Manager of KPHB Kapil Chits and thier Verification Officer is making to sign on LIC Policy of Kotak Mahinda Bank and deducted 15,000/- Rupees from my Chit, when i...

sir,
I am, R Vijaya Kumar Naik, subscribed to be the member of a group Chit of Rs 5 lakh, and have paid 10 monthly premiums. Sir out of my parsonal necessities decided to go for the bidding for the 11 th month, and i stood the highest bidder and awarded the chit of the then month i.e May-2011.

Now as per the the company rules the bidder must be paid his bid amount within the months time....

I have one chit in Kapil Chit fund name of N Laxmi, but this is my wife name, so I requesting to change this chit my name Mr. N Jagadish Babu. This is applied since last two months. But till now not responded.

So if it is possible or not? let me know if it is not possible, I will be cancil this chit on the spot.

Details
Name of chit: N Lakshmi
Chit No: FKOM12F1-21
Branch: Palvanch
Dist:...

I have lifted my chit on 27-sep-2007 and at 25-jan-2008 they issued cheque to Branch Manager .They tracked the issue and found that the mistake is from there side only Kapil chit fund br Nirmal Manager and Regional Manager.Excluding Manager,Regional manager.rudely on me saying the words like 3.75lakhs amount is an afterall to me, I can pay you that afterall money by personally.

One thing they are not understanding that i am...

this is to submit that the manager by name s saibabu manager gudiwada manager is bringing the costumers by force and he is giving the commitments in the begining and not giving the chits in time and giving the bid amount by check after the dates. he is not responding in date in which your chits funds are going bad by the employees. this compalint is given by G. Sunil babu one on of the costumer o[censored] r chits.
This is to submit...

Sir,

I have joined in kapil chit funds Pvt.Ltd on[protected] for chit value of 250000.00 chit reference number TT01g1-09 duration of 50 months at west maredpally .Due to my personal financial difficulties I bided the chit for Rs164500.00 on[protected].i submitted all my documents sureties and completed all formalities and my background verification is also done , they said me that they will issue the cheque in 10 business...

This Kapil chit fund buggers, beg to open a chit, and when we draw the chit, they make the process a rigma role and will never give us the money, and it is our money.

!...

Dont do chit in Kapil chit funds, they are substantially delay your amount and will use that money for their own earnings (intrest your money to others). I have an account in Vasavi nagar, karkana (Hyderabad), facee many difficulties with the Manager and team....

17/09/2009
The Consumer Complints.in

Dear Sir,

I am one of the subscribers of M/s Kapil Chit Funds, Bobbili vide chit No.BLTO/F/37 where in we have paid all the chit amounts in time. We have arranged the sureties with in 7 days of the auction, but we have received the bid amount after 3 Months.

We have addressed one letter to M/s Kapil Chit Fund Company, Bobbili branch for payment of...

We have been associated with your company as a subscriber of various chits in the past. You can also refer the chit No.BLTO/F/37 where, in we have paid all the chit amounts in time. We have arranged the sureties with in 7 days of the auction, but we have received the bid amount after 3 Months. We have addressed one letter for payment of interest for delayed period. It is surprising to note that we have not received any reply to the letter....