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Kapil Chit Funds Complaints & Reviews

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Last updated Oct 8, 2024
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Kapil Chit Funds reviews & complaints page 52

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R
raman35
from New Delhi, Delhi
Oct 10, 2013
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KAPIL, THE WORST COMPANY AND EMPLOYEES..

Address: Chittoor, Andhra Pradesh

Greetings and myself R.VENKATRAMANAN from Tirupati, customer for Kapil chits pvt. Ltd. I have lifted my 5 laks chits on the month of 27th August 2013, and all the dues was cleared. As per Kapil chits fund company persona word, the process will take only one week during the time of lifting the chit. But as of now i didn't receive my prized amount. Also there was no proper response from the company person and even using vulgar words....
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7
77881
from Jaipur, Rajasthan
Sep 21, 2013
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false commitment

Address: Hyderabad, Andhra Pradesh

HI, This RAJU from hyderabad, Unfortunately I did a mistake by joining KAPIL chits However it was my requirement and I trusted in kapil chits. Here before your auction date I decided to pick it up last month and I did it but there was a false commitment given to me stating that "I will be availed with my chit amount check by 15th of September 2013 but kapil chitsa failed and just ignoring the calls made to the executive and also...
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A
asreddy
from Hyderabad, Telangana
May 24, 2012
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cheating by delay

Address: Andhra Pradesh

hello all..

pls do not enter into kapil chitfund office.. its a Cheat Fund Office..
they will screw u and ur life .. and u get frustated and go mad.. i[censored] have any urgent commitments based on ur chit at kapil .. they are simply extracting money from society.. by giving the ads in their TV (hmtv)..
they all are cheats..
they never tell the truths.. before subscription..
they all lie a lot and take...
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V
Vara Silipi
from Nizamabad, Telangana
May 20, 2012
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not paying prize chit amount

Address: Nalgonda, Andhra Pradesh

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...
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V
vijaya rao
from Hyderabad, Telangana
Mar 26, 2012
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STRAIGHTFORWARD LOOT

Address: Hyderabad, Andhra Pradesh

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...
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G
ghrao1
from repalle, Andhra Pradesh
Jan 10, 2012
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LESS PAYMENT

Address: Guntur, Andhra Pradesh

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...
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C
cscha12
from Hyderabad, Telangana
Dec 30, 2011
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Chit amount not giving in time

Address: Andhra Pradesh

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...
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T
Tejasa
from Bengaluru, Karnataka
Aug 11, 2011
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Fraud to customer

Address: Bangalore, Karnataka

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...
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A
arun kumar sh
from Hyderabad, Telangana
Jul 27, 2011
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FRAUD & BLACKMAILING

Address: Hyderabad, Andhra Pradesh

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...
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S
shabirsulthana
from Cuddapah, Andhra Pradesh
Jun 28, 2011
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delaying the payment of chit amount even after one month of bidding

Address: Anantapur, Andhra Pradesh

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....
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J
jesh0374
from Mumbai, Maharashtra
May 10, 2011
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Chit transfer delay

Address: Khammam, Andhra Pradesh

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:...
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A
aaabhi
from Delhi, Delhi
Dec 26, 2010
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Chit amount 120 days after DD.Received

Address: Adilabad, Andhra Pradesh

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...
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G
garikipati_sb
from Hyderabad, Telangana
Aug 19, 2010
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not responding about pass books

Address: Andhra Pradesh

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...
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rkdoli123
from Hyderabad, Telangana
Jul 12, 2010
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Delay in issuing Cheque

Address: Hyderabad, Andhra Pradesh

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...
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S
soma
from Hyderabad, Telangana
Apr 28, 2010
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Chit fund beggars

Address: Adilabad, Andhra Pradesh

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.

!...
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R
raki
from Delhi, Delhi
Nov 3, 2009
Feb 26, 2022
This thread was updated on Feb 26, 2022
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chit amount

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....
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G
guptabbl
from Vepagunta, Andhra Pradesh
Sep 17, 2009
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bad company

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...
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G
guptabbl
from Vepagunta, Andhra Pradesh
Sep 11, 2009
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delay in prized money

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....
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