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Kapil Chit Funds Complaints & Reviews

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Updated: Jun 24, 2025
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R
rkdoli123
from Hyderabad, Telangana
Jul 12, 2010
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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 days , but till now I did not receive the cheque, and after making many calls and many rounds to the office , Mr. Ravi the manager is not at all giving us a positive reply and also his behavior is very rude, and spoke harshly with my father and now he is telling us to wait for another 15 days, as my personal financial condition is not well I have bided the chit , Now it’s getting more delayed.
I request kapil chits to pay my cheque at an early date .and also tell Mr. Ravi (manager) to behave in a pleasing way with the esteemed customers of Kapil chits,
with regards,
Ramakrishna.Sirumalla.
Aug 13, 2020
Complaint marked as Resolved 
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    S
    soma
    from Hyderabad, Telangana
    Apr 28, 2010
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    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.

    !
    Agreed
    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 broker told me that he will get me the chit in 3 months if I pay him Rs.10, 000. I paid him and he vanished after we booked a slot of 5 Lakhs with Kapil Chits.

    After payhing 27 Months .. My daughter's marriage got settled and I went to the auction. Somehow I managed to get the chit for a amount of 1.05 Lakhs,

    Its time for formaliites... I gave them the surity of my 4 Govt Teachers and 2 Pvt Employees who were in a good salary bracket. After 2 months they gave me the amount of Rs.3 Lakhs.

    I was stunned to see that I got only 3 lakhs instead of 3.9 Lakhs. I enquired with the Branch Manager.. His name is Mr. Mahendar .. The worst guy I have ever met. He told me madam .. you will get the amount once you pay the complete 50 months. I told him that its my daughters marriage so I am in need of that money, so he gave 80, 000 Rs saying .. 10, 000 would be deducted for taking the entire money. and he also took Rs.7000 for some BOND.

    We Paid till 47 months. And stopped paying the rest of the amount because... we wanted to know what has happened to 10, 000 which was deducted while I took the chit amount.

    This case of trasferred to collections, we went to enquire the same with Mr. Mahendar...however he was not available...he was shifted to another branch.

    These guys started threatening the surity people for the money.

    Here comes the final guy... his name is Mr.Vasudeva Reddy... Zonal Manager... doesn't even know how to write zonal manager but he was there in that position.

    He talks everyday.. he changes his words every 2 mins...He asked us to pay 36, 000 as final setttlement and the also asked us to give the bond.

    He is so rude that he just hangs up the phone on the face.

    KAPIL CHITS ARE RECRUTING GOONSSSS AS THEIR AGENTS AND EMPLOYEES.

    DOES THE OWNER OR MGMT KNOW THAT THEY ARE JUST SUCKING OUR BLOOD AND EATING THE OF OUR SOCIETY.

    DO ANYONE HAS A SOLUTION OF THIS... DOES ANYONE CAN STOP THESE THINGSSSSS.

    KAPIL CHITS IS JUST A STRAIGHT FORWARD LOOT ... BEAWAREEEEE OF THESE NOTORIOUS CRIMINIALS...
    yaa true bloody beggers y do they cheat people either they can beg on roads...
    KAPILCHIT FUND SHAMSHABAD branch, branch manager Mr.NarenderReddy and agents cheated to customers and Hyderabad Zonal manager Mr.Anil also in cheater group. I have complaint to all members for my problem but there is no response no reaction. I am K.NARSIMHA CHARY ( GROUP NO.T02J-18) manager giving chit every month his favourate customer's showing to members one number in draw time and changing to other number next day I am asking every month this complaint to branch manager and zonal manager, that two person's answer is what to do we are working this style where are you go we are kings of this branch. this is the KAPIL CHIT FUND 420 COMPANY. dear new members please don't join to this company.
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      R
      raki
      from Delhi, Delhi
      Nov 3, 2009
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      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.
      Aug 14, 2020
      Complaint marked as Resolved 
      i lifted the chit by 27 october 2009 at adoni till to day that is[protected] they are not paying the amount after submitting all concerned papers immediately also
      i am not at all satisfied and also saying to others that the kapil chits is not paying attention towards the customer in paying the amount
      they are more concern about collecting money but not paying atterntion in payment in time
      my account no is ANT012E/19 ADONI (V) KURNOOL DISTRICT, A.P
      I am not agree with the above comments, But I m very happy with Kapil Chit Funds. Why Bcase I was lift my Chit @ Kapil, In Hyderabad, the Amount is 2 Lacks, But they are surprised me They paid the My Chit Amount 1.68 Lacks in 15 Days...!!

      So any way I m very happy with that Company
      Sir

      My chit contract number KGSO1E-2, Name Swapna Thatha. Total Chit amount is 50000/-
      I offered (bid) chit amount 5500/- in oct 24 2009, but iam recieving cheque today.(07/12/2009)
      And iam not recieving my surity fixed deposit bond still today onwards.(bond amount 15000/-), And also debted current installment from my cheque amount.


      Let me clarify immedietly.

      And i wanted my statement from starting date to till date.

      My mobile number [protected],[protected]
      Sir
      I am Ramagiri Ramesh Kumar My Chit contract number FNKL01J -23 Chit amount is 500000 (Five Lacks) Nakrekal Dist.nalgonda (A.P) I lifted Augst-09 My shurits are very vell but Kapil manager is not accept Shurity forms. Kapil manager nakrekal is very bad. many complents on him. please chainge Nakrekal Kapil manager.
      Please accept my shurity forms.

      Let me clarify immedietly.
      My mobile number [protected]
      I am meka bharathi chit member of FSPT07J_34 for 5lakhs, suryapet, Branch Dist. NALGONDA. I have taken broken chit 0n;25/07/2009 but chit was commenced in FEB 2009, at that time they have not told me about penalty now they are imposing penalty and they adjested some amount without my knowledge, and again they are asking for penalty.And the manager was changed present manager is saying that manager misguided you we are not responsible for that and the collection boy mr suresh is very arogant son many times I contacted but they are giving correct reply please give the solution for my problem and strenthen, and improve the sevices.
      dis is vijay from eluru. i had a chit in eluru branch, the beghaviour of branch manager is worest..talking wit customers is like a slums guys. words r unable to post here, they did delay the money more than 3mnths, nd struggele me a lot... a had never seen this type of company.
      I am also a member in kapil chits and I am paying my instalments regularly but I am facing maximum trouble in getting my money back, intentionally they delay payments by 45 days.They utilise our money for other purposes.
      dis is deepa from nallakunta, i had chit in kapil khairtabad branch, the behavior of assit manager is so bad. his talking rurly with costmers penality 4 to 6 percent he take am totaly loss with KAPIL CHIT FUNDS ASSIT MANAGER
      worst management chitfund in india, I am also one of the victim to kapil chitfund
      worst chitfund in my life, kapil chit fund utilise our money do other buisiness.
      worst chitfund, it is giving advertisements and attracting new members
      I have a subscribed for a chit 24 months back in MVP COLONY Branch, Visakhapatnam. On 25th February, 2010 in the chit auction I won the chit, and submitted surety forms as per their requirement three weeks ago. There is no proper response from the Branch Manager, staff of the branch. Today, I met the branch manager and I am told that they have no funds and they will arrange my cheque only 19th April, 2010. I am fed up with Kapil Chits and I do not recommend the company to anybody. They want to fool the subscribers. They never pay to the subscribers the bid money within 30 days of auction.
      i have lifted my chit in kapil chit funds on 27/12/2009 but the manager P.chandraih is too worst and he is able to sit in managers chair he spoke me as a beggar actually my chit was F.L close he gave me the amt for 3 months i will not encourage any friends of mine to enroll a chit in kapil chit funds very worst very very worst thoo i have ever seen this type of chits in my life this is one of the subscriber from KADIRI this is in anatapur dist
      Kapil chits is an unreliable company.. it will promise everthing for everyone but finally the subscriber is loser in every aspect. I am also a member of 10 lacs chit group of S.R.Nagar, Hyderabad branch Chit group APTO1M-46. I paid the instalments regularly and was a prize winner in 19th month. Even after submitting all the required surities they harassed me for 7 months and finally paid the amount. The delay caused me a loss of around Rs.80000/-, mental torture and my reputation took a denting. Even when the chit is nearing completion ( 7 months left), the recovery boys harasses us and uses abusive language if due to any reason i request them to deposit the issued cheque at a later date... I hearby request and warn the general public to avoid putting their hard earned money in KAPIL CHITS.. as finally what u will recieve is humilition, harassment, mental tension and financial loss. BEWARE.
      my chit no : SHT04E-22(SRIKALAHASTHI) AND UPDATE MY CELL NO : [protected] AND INFORM ME MY PRESENT INSTALMENT AND REMAINING DUE AMOUNT

      THANIKING YOU


      V MUNIKRISHNAIAH
      my name is ch vijay kumar from hydesraba my mobile No [protected] Every Month mesage in KAPIL Chit Fund measage every month T.R. No. 78211
      amount 5, 560/- mesage is commin NALAGONDA Branch Measage Every month Comming I dont Have Any Chitti No
      my name is kalingi lova raju nenu paderu nenu paderu service centre lo sub staf ga panichesanu kani na P.F.ippati varaku ivva ledu please give me my P.F. my mobile number [protected] please
      worst services in all chit fund companies. do not go for kapil...
      dear sir

      iam sandboena.prasad.yadav from karimnagar.iam a member in ur group. iwas satrat a 5lack chit in ur group.near kaman brach karimnagar.i lift chit on 31st dec.2010.igiven 6 shurits iam working in pvt company . lucky grante company iwas geven my salary certifect. in our company letterhead. my salary 19.500.your manager is not accepteing my salary certifecte.igiven 2govt shurites. 4tax shurites.sir igiven some coustemers also.iam suffring with ur group now iam going t deside drop ur group and iam telling my friends they also drop last 2months iam roming your office. plz kindly co operte . my num [protected]
      Kapil Chit Fund Company is one of the 'CHEATING' Chit fund company in Andhra Pradesh. Don't Join for any new subscribers to Chits. I and so many subscribers are already suffered to this company. Too much late of payments, Irresponsible staff in all branches. For more details contact my Mobile [protected].
      I applied my wife name chit transferred to my name since two months, still now pending. So will be do the within the week or not?

      If not possible to changed name, then let me know. I will be cancil this chit ASAP.
      kapil chit fund recovey agents haras the subcribers a lot, i their atitidue and services are NOT satisfactory, i am stoping my subscribtions to kapil..P.Raghupathireddy [protected]
      Kapil Chits is one of the cheating company.. Once you bid they will not pay the amount in time. Non of the employees in the company are responsible. Please do not join this company at all.
      Kapil Chits is one of the worst chit company in INDIA. They dont know how to talk to their customers. Especially bangalore branch, The RM Lokanatha chari, Branch Manager Naveen, and ofcourse the branch people dont know any procedures and they act very smart when they are supposed to pay the customers.
      They never give the money amount untill 3 or 4 months is passed and that too they deduct unnecessary charges. I think these people should be punished for the harrasment.
      I also facing problem with kapil chits.

      I have been into two kapil chits in Garimilla branch and in the last month May 28th action, we got the chit FMGT07G1-17 and informed us that we will get money in max 20 days. I have been making calls from that day and before to followup the actual date when we can get money - they are saying everytime that "we get tomorrow" answer and saying reasons - i really frustrated calling them and asking for chit money. I lost my patience and argued them like we bid the chit for certain reasons and we have some commitments which may be life and death some times how you people do like this.

      I want to ask you - don't you have certain date or number of days when the chit prized amount will be paid to the chit winner ?

      Please take necessary action.
      I have chit in kapilgroup in manchirayal branch(MNC) (HO:Karimnagar) CHIT NO=FMT08F1(21&23).In the month of MAY(25th) i have lifted chit after that i have received surity form on JUNE 23rd.During May25th to June20th i have contacted number of times to MNC branch, they are giveing repely always manager not available.After submiting my surit form on JUNE23rd till now they have not respond.From JULY1st on wards i have contacted MNC branch for sending surity form back for surities enquiry, they are telling your surity form alredy sent to Kothagudem, but they are not sent to kothagudem. I told to them that i will complaint to manager, but they told manager not available, after that surity form posted toKothagudem onJULY13th.surity form reached to Kothagudem on JULY16th, but till now surities was not enquired(form in Kothagudem. Due to the above, alredy two months delay occurred, but I did not get the amount so far. Further, how much time will be taken for payment. "Matter most urgent"
      i have never seen such cheating company like kapil chits kphb branch
      Iam a Chit Member in the Mulugu Branch Lot no:06J--27and Lifted the Chit on[protected] but the cheque not issue even after complte inquiery, Branch Employees not giving the correct answer about delay Please clarify My Problem
      every month inform the bid amount and successful bidder for transparency.vijay
      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 vikarabad rangareddy dist, facee many difficulties with the adm and team.
      vikarabad kapil is fraud vikarabad kapil is fraud vikarabad kapil is fraud

      vikarabad kapil is fraud

      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      vikarabad kapil is fraud
      Kapil Chit Fund Company is one of the 'CHEATING' Chit fund company in Andhra Pradesh. Don't Join for any new subscribers to Chits. I and so many subscribers are already suffered to this company. Too much late of payments, Irresponsible staff in vikarabad branches. For more details contact my Mobile bv reddy[protected]
      vikarabad kapil is cheating chitfund
      i am mr.k.sitaramam my chit no.01H/40 complted in the month of Aug'2011.till now they are not paid my money.They
      simply giving false excuses and doing time pass. pls look this matter and reply at the earliest .Chit amount due for me is 270000/-branch -Narsipatnam.
      i am n padmaja rani from hanamkonda i am the last bidder of the chit no.kzt51h-03 3lakh chit .last auction is on 27th nov2011.payment is still pending by today ie[protected]. staff are not responding properly now iam going t deside drop ur group and iam telling my friends they also drop For more details contact my Mobile [protected]

      kapil groups — more time

      Kapil chit fund timings are very haurable to lady staff.
      they have a family. They work sundays & festival days also.
      Too much this is.
      i will notice u please concise timings or improve their salaries.
      Kapil Chit Fund Company is one of the 'CHEATING' Chit fund company in Andhra Pradesh. Don't Join for any new subscribers to Chits. I and so many subscribers are already suffered to this company. Too much late of payments, Irresponsible staff in all branches. For more details contact my [protected]
      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 broker told me that he will get me the chit in 3 months if I pay him Rs.10, 000. I paid him and he vanished after we booked a slot of 5 Lakhs with Kapil Chits.

      After payhing 27 Months .. My daughter's marriage got settled and I went to the auction. Somehow I managed to get the chit for a amount of 1.05 Lakhs,

      Its time for formaliites... I gave them the surity of my 4 Govt Teachers and 2 Pvt Employees who were in a good salary bracket. After 2 months they gave me the amount of Rs.3 Lakhs.

      I was stunned to see that I got only 3 lakhs instead of 3.9 Lakhs. I enquired with the Branch Manager.. His name is Mr. Mahendar .. The worst guy I have ever met. He told me madam .. you will get the amount once you pay the complete 50 months. I told him that its my daughters marriage so I am in need of that money, so he gave 80, 000 Rs saying .. 10, 000 would be deducted for taking the entire money. and he also took Rs.7000 for some BOND.

      We Paid till 47 months. And stopped paying the rest of the amount because... we wanted to know what has happened to 10, 000 which was deducted while I took the chit amount.

      This case of trasferred to collections, we went to enquire the same with Mr. Mahendar...however he was not available...he was shifted to another branch.

      These guys started threatening the surity people for the money.

      Here comes the final guy... his name is Mr.Vasudeva Reddy... Zonal Manager... doesn't even know how to write zonal manager but he was there in that position.

      He talks everyday.. he changes his words every 2 mins...He asked us to pay 36, 000 as final setttlement and the also asked us to give the bond.

      He is so rude that he just hangs up the phone on the face.

      KAPIL CHITS ARE RECRUTING GOONSSSS AS THEIR AGENTS AND EMPLOYEES.

      DOES THE OWNER OR MGMT KNOW THAT THEY ARE JUST SUCKING OUR BLOOD AND EATING THE OF OUR SOCIETY.

      DO ANYONE HAS A SOLUTION OF THIS... DOES ANYONE CAN STOP THESE THINGSSSSS.

      KAPIL CHITS IS JUST A STRAIGHT FORWARD LOOT ... BEAWAREEEEE OF THESE NOTORIOUS CRIMINIALS...
      MBNR branch, please DO new groups auctions by RO office staff,
      MY SINCERE REQUEST YOU ALLL!!!
      DON'T INVEST IN CHITS...THAT TOO IN "Kapil Chit Funds "... !
      It really frustrating... they have all the strategies to use our money for this business!! They very least bother about the customer.
      They don't that much interest when the time come to pay your money back...
      NOT AT ALL SATISFIED ...MORE OVER ITS FRUSTRATING!
      Hi Iam S. Dinesh Rudra Prasad working as Business Manager at Dasarahalli branch Bangalore. I assure you that we are paying the prized amount with in 7days to 10days for 7 members in a month intrested contact me at [protected]@yahoo.com or [protected] I assure you that we give you good service give us a chance to serve you better than others.


      S. Dinesh Rudra Prasad.
      [protected]/[protected]
      [protected]@yahoo.com

      chit amount - Comment #1436851 - Image #0
      iam from sangareddy2 not recieved discount on instalment last two instalmnts
      Kapil chits is the worst and very irresponsible chit company in all around AP. Don`t join in this bloody chit company, why because one of my brother had joined in this, after several months he get auctioned and get confirmation from those people, but after 3 months also he didn`t get the money and in this period they were asking documenatation continuosly like that is not sufficient this is not sufficient.

      This is my sincer request to all members of Kapil chit don`t suggest any body to this begger chits, offcourse every body knows how this cheats people who joined in the same.
      Dear sir,
      I want to join as agent and approach to kapial chit fund at warangle they are telling that 1 month should give 500000 it is fare and I thing that I will join my relative and friends that to when I get free time it is compulsory means who it possible
      Regards
      G venugopal
      Venu.[protected]@gmail .com
      Cell no: [protected]
      I AGREE WITH THE COMMENT. THE STAFF INCLUDING THE MANAGERS ARE MOST IRRESPONSIBLE. THEY WON'T STICK ON TO THEIR WORDS. THEY BEHAVE JUST LIKE THAT. CHIT COLLECTORS CHANGE FREQUENTLY. THEY ARE MOST DISOBEDIENT. NOT CUSTOMER FRIENDLY. THEY WON'T COME FOR COLLECTION EVEN AFTER REMINDING THEM. PHONE BILL IS AN ADDITIONAL BURDEN TO THE CUSTOMERS. NO DIVIDEND FOR 3 TO 6 MONTHS.

      P.PUSHPA--KOTHAGUDEM
      I am not agree with the above all, My personal Exp. I had chit in Ameerpet Branch, worth 300000., When the time of Prized, i was submitted required sureties, what ever they asked, the time of enrollment.

      I got my Amount 2, 18, 000 with in 18 Days. Here we need to remember one thing, that was a collected amount from all of the other Group members. Some time, that was also delay.

      So be careful with all chit funds, not only Kapil Chits,

      Try to ask and know everything about Chit, Sureties and Payment methodology and all.


      Chowdary Sunkavalli
      Sir, My chit reference no: FMHT 7H-23, Name is: J.Bhaskar, I was jonined in 3 lac chit in[protected] at Mahabubabad branch, warangal dist. Last month i.e september I lifted the chit. So iam unable to produce sureeties so I requested the manager to take 1.5 lack SBH fixed bond for 1.68 lac amount, but manager rejected for that and asked me to get sureety from SBH bank, bank manager not accepted to give suretee for your chits. So I want to give my own house papers for that purpose then Mr Rajeshwar rao said that hugu property is not required then I requested to him fix my amount at your chit fund for ramaining months give me rest of the money then he calculated agreed to give about Rs64, 000/- cheque, remaining 1.6 lac fixed for 2years. I signed all documents on 8th oct, 2012. He told that collect the cheque on 11th oct, 2012, but he fail to give the cheque to me.
      Again he asked to meet me after 3 days again he failed, then again he told to collect on Monday again he was failed, then I told iam going to hyd for interview please give me fast, then he told that “ I will deposit the amount to your account” I given my acount no also. Again he failed to do that, then next day I sent my dad to collect the cheque, first he aggred then my father started from our town (yellandu about 35km to Mahbad) suddenly he called to me and said that I did’t got cheque asked me to drop my father, my father cursed me, he is diabatic, B.P 60 yr old. Then Mr Rajeshwar rao told to collect on Monday i.e 22th oct, 2012. Again failed and not lifting my phonecalls, then I personally went to office he is not available, I called to him then he is telling that the cheque will come 26th oct, 2012.
      My question is this is the defect of Kapil chit funds? Or the Manager Mr Rajeshwar rao?I paid honestly, sincerely 22 months expect one month just one day late your staff forcefully collected fine Rs100. I am roaming to your office about 3 times, called many times, even your staff not giving zonal manager phone no. and address, whom I have to contact? Who is responsible ? from last 12 days iam not having peace of mind, your having so many rules and regulations to give money even fullfilled all your conditions why should we suffer? Why should i roam around you? Please answer my questions, ev en I came from hyderabad to collect the cheque, who will give my travelling expences? Please take necessary action.
      Thanking you sir
      J.Bhaskar
      [protected] M.Tech(PhD)
      ASST.PROF
      Kapil Chit Fund Company is one of the worst chit fund company.i have a chit in kapil chit, Medchal.The Story is Like this.Once i visited to Kapil chits, Medchal & met to that worst manager(Sampath).He told me u take a vacance chit.& i will give u within 2 months.so only for exam i take a chit Rs 100000.As per Sampath s comitment after 4 months i told hime to take chit.But that worse guy did not response my word.After one month force i have take bid & Give 5 surities as per his comitment.But that worse guy change his words & told me to give 3 govt employee surities.So till date he dont give me cheque.


      So Now i want to take legal action agns that worse guy sampath.Pls my requst to every one not deposit any chit in kapil chit fund. share with every people bcz i have come from ordinary family, the thing happened to me should not happen to uneducated and unknown people who ever are planning plz dropdown ur intenstion and deposit in good govt banks like sbi, sbh, even interest less. my sincere request.
      Kapil Chit Fund Company is one of the 'CHEATING' Chit fund company in Andhra Pradesh. Don't Join for any new subscribers to Chits. I and so many subscribers are already suffered to this company. to day this is on big chitting company i am joined 2 chits 2 chit payment not resided my Mony eating kapil chit fund already suffered to this company.

      my details ganesh [protected]
      [protected]
      Kapil Chit Fund Company is one of The Lootera Company in Andhrapradesh.Dont Join for any new subscribers to chits
      MEDCHAL KAPIL CHITS IS A CHEATER COMPANY
      My Sincere Request to all of you.Pls Dont join in Kapil Chit fund Company, Medchal.
      Here Manager is not good.He cheated to all persons
      Sir, Iam K.NARSIMHA CHARY Iam a member of 5 Lakhs chit group of SHAMSHABAD branch.Chit group of T02J-18.There branch manager Mr. Narender Reddy is a waste fellow he is very rashing person he doing commit ments for his favorate members, and cheeting to other members. I have told to MR.Anil (Zonal Manager) at Hubsiguda branch, but there also no reaction, this 28 th December 2012 we stopped auctions at Shamshabad branch.please enquere for this complaint, and there is more complints from members, so we are understand, your kapil chit fund company is cheeting and not responsibilty company for members in this branch.
      SHAMSHABAD KAPIL CHIT BRANCH IS 420 BROKER HOUSE, AGENTS MANAGER CHEETING TO MEMBERS SO DONT COME NEW MEBERS IN THIS BRANCH
      Worst and worst chit it is. I don't have other extreme words to describe it.
      I am lifting Chit in December, 2012 I am working in Govt. Employee as a Coop. Banks Auditor till the date my chit amount was not received and the siddipet branch staff is working only incentives basis and Manger is very worrest he was very bad and agents are group and chits lifted so many members is losses to the agents i am complent to the Dist Collector Medak and the press memebers in Medak dist shortly i am running the finance and other schems Kapil Chit is very worrest management i complent the Managing Director and the no response to the branch


      Name : D.Praveen Reddy
      Mobile No.[protected]
      Siddipet Medak Dist
      kapil chit found i withdrow the 1000000 chit but service tax is applacable why we shut pay service tax on chit amout its our saveing ? my name is mallikarjun cont no [protected]
      Hi,

      We have become members, , membership no-46, on the name of Nageswara Rao Mandapati, VSN Enterprises at the KapilChits, Kalahasti branch, Chittoor DT. The chit value is Rs10, 00, 000. We are prompt in paying the monthly installment. we have chose to auction our chit and was done on 27th Feb 2013 and till today we have not received the amount for the same.

      Even after continuous followup with Mr.Muni Sekhar Asst Manager of the branch, there is a continuous postphonements of the payment and the submission of the required documents were submitted to them.

      No reason genuine was conveyed for the delay in the process. Today, I have communicated with AGM Mr.Balbayya Reddy, Kadapa and Was told that he will update me the status.

      Please look in to the issue.

      Thank you,

      Regards,
      Lokesh
      S/O M N Rao
      kapil chit fund company is the worst of all chit fund companees.do not join inthis chit fund.all persons in that behaves mannerlessly.for more details contact [protected]
      My self Manas I have taken 5 Lacs Kapil chit from hebbal branch Bangalore 4 Years before for the term of 50 months, and i use to pay my EMI on time, On this duration so many guys came to collect the amount. I have little closed with one of the collection guy by the name of Harish [protected]. He use to ask me for reference regular basis, finally one of my colleague who had a 1 lac requirement i had refer him. His name is syed mohammed mustafa, he had the commitment for his kids school admission charges. Mr Harish told that he have to pay 15000/- as that chit is complied 7 months. As i was a exiting customer for kapil chit and i have good relation so far so i have advice my colleague for the Chit. My college did not had the amount of 15000 to pay i had pay to him and he had pay to kapil chit. on the month of November 2012 he had withdraw the amount and that time Mr Harish had told that he got promotion as a sales manager in Tumkur Branch, so this chit he had process on Tumkur branch. I was not happy to process the loan through Tumkur branches as i was a exiting customer in hebbal bangalore branch. Any how Mr harish had able to convinced my colleague and taken 4 guarantor including me as same time he had taken Rs. 10000/- to release the amount within 15 days. As my colleague was very much innocent guy and the amount was quite important for him for his kids admission so he had given Rs 10000/- as a brokering charges. From November 2012 to till now so many time me and my colleague calling him but there is no response. I have called more then 100 times to Harish he is not picking my call. I have send so many message there is no reply. Finally i have decided to stop paying the EMI. After paid successfully 47 EMI, I have not paid last 3 EMI. On this regards earlier i had given complain to Hyderabad. When i have stop paying the EMI i am getting calls from Kapil Chit. Last month some one called from hebbal branch he told he is the manager M.No [protected], I was trying to explain about m colleague issue where my amount is there. He spoken very un professional and told me that why you are eating my head you go to tumkur branch and resolve the issue. After the call end i have send a message to him, that why should i eat your head, i have not taken any amount from you, i have taken from kapil chit and i would like to talk some one from kapil chit. the way you are speaking you are not the person who is talking to me on behalf of Kapil chit. Just 2 days before i got the call from legal advisory of Kapil chit about my payment and i feel personally there is no value to argue with those people. I would like to involve some one to resolve the issue. Now my friend don't want loan as they have taken more then 8 months but there is no result. we want the amount should refund with interest or else Kapil chit should not charge an interest for my 3 EMI delay payment. My contact no is [protected]
      how can show the installments in my chit amount in internet correct web site. how many installments paid
      Kapil chits is a fraud chits. Theay are cheating customers by delaying payments.
      I am vainala kumara swamy from Jangala Pally (X Road), mulugu, Warangal. I am a member in ur group. I was start a Rs 5 lack chit in ur group at Mulugu (Warangal) in wife name ALLAVULA PREMA LATHA. I lifted the chit by 20 Apr 2013 at Mulugu (Warangal) till to day that is 07 Jul 2013 they are not paying the amount after submitting all concerned papers. your are requested to intimate what is the procedure for payment to customers on lifting the chit.The delay caused me mental torture and my reputation took a denting.
      CHIT REFERENCE - FMWT04J 48 dt 31 Oct 2011, CUSTOMER NAME - ALLAVULA PREMA LATHA W/O VAINALA KUMARA SWAMY, BRANCH - MULUGU, WARANGAL. Lastly your are requested to pay at the earliest. TREAT THIS MATTER MOST URGENT.
      MY MOBILE NO - [protected], EMAIL ID - [protected]@gmail.com.
      kapi chit team is total cheater group donot, they say one and do another.
      really they are cheating the customers. they charge as if they have incurred a huge amount expenses nearly they charge 30% as charges

      more over there are somany professionals who are unable to come openly but suffering a lot
      I have seven chits with Kapil Chits, Kondapur Branch, lifted the chit in June, yet to realize the amount over Rs.4.5 lakhs. After numerous followups, they have given me a cheque which was dishonoured by the bank for signature mismatch. Inspite of numerous followups I have still not received the cheque. Gentleman who claims to be Area Manager shows me a copy of Demand Draft and demands for the counterfoil of the cheque deposited or the return cheque failing which we is not ready to fulfil the payment to the customer. I have lifted the chit in order to meet my commitment, I had to take a hand loan and meet my requirement. Kapil Chits do not understand the empathy of the customer. POOR Customer Service. I am disgusted to be associated with Kapil. I spoke to Mr Vishnu Vardhan Rao, who seems to be the Managing Director who confirmed me that he would call me in 10 minutes but has never worried to resolve the issue. This is the kind of service Kapil boasts to their 25 years of record. A cheque which is dishonoured for signature mismatch, Kapil also seems to have submitted a Stop Payment to the bank, what is bothering them to trust the customer and give the alternate cheque /DD.
      Painful.
      No one in the organization seems to understand customer issues. I would like to escalate the matter to governing body, can anyone suggest how to approach.
      YES<, Kapil is meant for DELAY and CHEATING
      branch Managers are taking money then moving out of kapil, , , and prized customers are not being paid at the time
      This creates lot of tensions ( as we committed to other activities with this money)
      Luxettipet, GodavariKhani and LB nagar branch managers jumped and no one knows where is the money, , , , , we were struggled for 45 days to get the money back with hell lot of calls
      kapil chits ( kosta ) pvt ltd, tottally is a fraud company, they stating from the first they are giving wrong committements telling to do favour for you, and branch manager and asst.manager comes to your door step and giving wrong committments. recently i have the problem they two people comes to my door and make a committement for 10 lakhs they committe to give a 8, 00, 000/- rupees and they ouctiond for me to 7.5 laks and ofter 75 days they give a DDof rupees 6, 63 800/- with diductions ( SOME DIDUCTIONS WE DONT KNOW ) they are not ready to tell avery thing. and the most important thing is the DD which is given by mvp colony branch in visakhapatnam was BOUNCED it is one of the best example that the company doing what range ( DD bounced ) fraud things . they is no higher authority on them they are the authority to dicide the DGM who in hyderabad not supporting. not one all the branchs, my phone [protected]
      I am B.Ramesh having chit in Kapil chit funds(kostha) Z.P center branch khammam chit no.FKMTO1P-21.In this branch the manager and staff collecting 36% interest rate per annum instead of 18% from the non priced chit default amount violeting the chit fund comany by loss.
      B.Ramesh no.[protected]
      Kapilchit is worst chitfund company in inda, they very delay to give our auction ammout about 90 days&above, but they collect 20%&above intrest on our monthly subscription if we paid at least one day late our due date.
      Hi, my self balaji from bangalore i am also a chit member n i too suffered lot pain from this people my chit num GVT01J41
      at last i recieved the cheque by deducting money of 30thousand so i have decided to go legal n want to take money from
      this buggers tht to with interest whole amt any one want to join with me they can my num [protected] by putting comment on
      box nothing il happen to this guys have teach buggers nicely if any one want join they can mail or contact me [protected]@yahoo.co.in
      [protected]...
      send the details to [protected]@gmail.com

      we will give support to u
      send the details to [protected]@gmail.com about chit fund cheetings

      we will give support to u
      sir i am a chit holder of rs 10 lakhs and 2 lakhs in srikakulam town branch 2. i have been assured by branch manager that a chit of my friend will be transfered to me upon paying rs 21000.
      As i am staying in tirupati he told me to deposit amount in his account. i deposited the same.
      Now he is saying that approval is not got from z, o office.pls help me as i have paid amount to kapil chits employee. He has cheated me by saying false lies. what action to be taken against him ? MY MOBILE NUMBER IS [protected] AND NAME A. Bheeshma kumar
      kapil chits lo invest cheyakandi. chit prize amount release cheyadaniki chala ibbandi pedataru, minimum 3-4 months paduthundi meeku prized amount ivvadaniki, andulonchi ee 3-4 months with penality mottam cut chesi istaru, manger ki entha late cheste antha benift untundi a branch lo. i suggest dont invest in kapil chits please, choose another chits better. i have 2 chits in kakinada branch, East godavari dt, AP. nenu chaala problems face chesanu, plese dont inest.
      the most worst organaisation my personal experiance as agent and customer in guntur branch mr.srinivas branch manager is a cheater, he utilaise his staff for his personal work and he use to collect money from subcribers to allot chit. he came to guntur as lower financial stage now he build a house at nizamabad.all this money earned by cheating customers and staff.nobody will take action after making so
      many compalaints, his boss alsoas same as he, mr.mallikarjun staying at vijayawada, he use to collect money from branch managers .hence am reqesting any person will not prefer kapil once again the most worst management including directors and chairman
      Hello All,

      I am really disgusted with this [censored]ing chit company, lifted the chit long time back and everything(Surieties &amp; Documents) was provided by me in time. There was no information regarding the cheque from past 3 months, if we call them they are not at all responding, not lifting the calls, including the manager and all the other staff.

      Sincere request to all the folks, please do not suggest this fraud chit company to any of your friends and also even enemies, these guys really sucks.

      All the Kapil branches are same, none of these guys have ethics and policies like others, i felt Margadarshi is a better one than any others.

      Rao
      c.srinivas of guntur -1branch manager has arrested in cheating case at arundelpet police station.reason is cheated a lady of bapatla collected 2 lacs rurees not given receipts
      c.srinivas of guntur manager took anticipetary bail, in the mean time he abscand from branch, but no higher official taken any action against him. it seems all are invoved in this scam
      I am also a victim of Kapil chits... Please dont join this company...Surely your money will be lost if you join Kapil..
      Hi,
      I am Naveen.I had chit in kapil Kukatpalli(vivekananda nagar) branch, the behavior of Branch manager(Vittal Reddy) is very very bad and staff also.I do't recommend to join Kapil Chits.
      send the details to [protected]@gmail.com about chit fund cheetings

      we will give support to u for recovery o[censored]r amount
      Kapil chits is biggest fraud chit fund company
      Kapil Chits is one of the fraud companies.

      When I lifted my chit they deducted 10000. THis was happend 2 and half years before. when I asked them they told that one of my suirity members has to pay 10000 .

      but the suirity member is saying that she has already paid, but the kapil collection agent did not surrender that money in office.

      Now she is also saying that she will pay that money, and branch manger Mr Shobhan is not lifting my phone.
      Even If I call him from other mobile, by listening my voice he is disconnecting the call.


      I lost 10000 + interest on that amony from 2 and half years.


      There are many ways to save or manage our money .
      Recurring deposits, NSCs, Fixed Deposits

      but do not join Kapil chits


      If you need money please take a loan from bank but not join kapil chits
      Guys best advise please please please dnt go with Kapil Chit Fund
      Worst Waste Chit Fund lot of bad experience with this chit fund
      Initial stage when i am gone start my chit they said that any government or central government employee is fine

      After lifting they started with all rules and regulation, decided to with draw my chit they said i will be in loss of 30000 i said okay fine but again they are not even paying my money after i agree for 30000 loss also

      Hyderabad west maredepally branch they are not even picking my call if i call from another mobile he picked my call and they are very rude with the customer.
      My Best Suggestion Guys please dnt go with Kapil Chit Funds dnt facing problems which i am facing now.

      i am sure with all relavent documents and recording i will post in all the social service network for sure
      Vijay [protected]
      I am Sreehari, I am having a Chit in Naidupet, Nellore dist AP, Kapil chit offcie. I have submitted all necessary documents. No one is responsible for paying the money after 25 days also.

      Kapil Chit is one of the fraud company...dont chit in that company it will not be pay u the money on time.
      Employees behaviour so irresponsible. It is just another company that cheats u on every point in time

      This is even more horrible for the people who works/stay out side
      HOPPLESS CHIT FUND IN INDIA IS ONLY SHARADHA NEXT IS KAPIL AS A EX EMPLOYEE OF KAPIL PLS DONT GO TO KAPIL THEY ARE LIKE BED BUGS AND THEY ARE MAKEING MONEY ONLY FOR COMPANY IF I CALL TO MANAGING DIRECTOR FOR PAYMENT HE IS SAYING THAT ASK TO MANAGER BUT MANAGER TOLD THAT ONLY 80% SO I TOLD TO MANAGING DIRECTOR SO HIS RESPONSE WAS JUST TAKE UR SLIPERS AND GIVE A SLAP TO MANAGER THIS TYPE OF MD IS WASTE TO COMPANY AND EVEN THE MANAGER M.D. DAYANANDAM AND THE MANAGER IS RAMANA AND EVEN I CALLED VAMANRAO HE TOLD JUST CALL THE MANAGER BUT NOT FOR ME SO THINK THE CHAIRMAN VAMANRAO SO THINK CHAIRMAN IS HOPELESS THEN THEIR HOLE EMPLOYEES ARE HOPELESS.

      chit amount - Comment #2085929 - Image #0
      Kapil Chits fund company most Cheating company... Worst company have not yet seen before.
      good chit fund in telangana
      I had very bad experians with kapil chit satanapalli . I never expected this from company like kapil chits
      Today i went to kapil chit satanapalli for my chit auction the chit no FSPS03F-02, FSPT01F-38, the auction
      Time 11:55 but iam there at 11:45, no body is there for the auction iam wondering that there is no auction the chit given allredy to som one without auction, I spok to the branch manager he dont no how to speak with the customer he thinks that iam mad, last month he calied me and told that this month chit i will give to u, but he faild he dint gave he chit to me,
      I ask that at least give me this month chit the sathanapalli branch manager told me i nevre give the chit to u, ( who is he to give my chit), the branch manager has to take care of the customer but in sathanapalli branch they do what every they want and they speak what every the want, they think that all r mad this is the reason
      in narasaraopet we dont have the kapil chits
      Tadepalligudem Branch is very worest branch. The branch maneger and verification clerk RAMESH both are joint thiefs. they are demand 3 to 5 persent amount in prised amount for surities verification and they both are pacipate in action get the chit low amount after that chit purchesed to costmer to higher amount. So save the branch. Coustmers facings more problems inthis branch.
      Youres
      P.Gandhi
      Tadepalligudem
      W.G. Dist. AP
      I have lifted the Chit in Kapil chits kamareddy branch on 21 Jan 2015, but i have not received the amount till date, not sure the kapil chits will pay me the interest due to delay ? do i get any help if I approach consumer form ? where do we place the complaints against chits ? do we have any ombudsman body on this ?
      Most worst chit company I have never seen before and in fututre
      l have left my chit few days back at cheryala branch, but they did not give my money back.
      My Name is K.Venkat Narsaiah I have subscribed in Kapil chit fund for Rs.500000/- lacks chits. After paying successfully 32 months i have lifted the chit in action. and submitted 3 surities which are having 1) Rs.10 Lacks salary in software company 2) Surity having 670000/- in MNC and 3 ) Business man having 350000/- It and having own house these surities not accepted by the kapil chits manager at uppal hyderabad branch. asking to give liquid surities. Or else Start one more 5 lacks chit which is started 15 months for future liabilities. They doing fund diversion to group companies and harrassing the chit subscribers in big way they are not giving payment to any subcriber either in time or keeping with deposit as future liability. This is very foolish company to subscribe chit pl dont give any further business. agents are requesting but not supporting at the time of lifting and payment. they are simply bluffing the subscribers.
      Kapil chits is one of the many unprofessional cheating companies in Hyderabad. It do not have employees who can even write correct date on the cheque, they would try grabbing money for days using unexpected things.

      Also bidding is also done in scam for show but in actual it is company who draws money for it's internal group use.

      Very unprofessional, irresponsible, unreachable authorities.
      Kapil chit people are very delay disbursing the customer amount. I lifted the chit on 28 Jan and submitted all required docs to them accordingly but this is 5th April, till now, i didn't get the cheque .. They are still saying, it will be delayed further.. I had very bad experience with them. Don't invest or save in chit fund companies, instead, do the recurring deposit. we don't required to depend on any one, we can do online and will receive the maturity amount immediately.
      I'm the customer since 6 years "ALWAL BRANCH". kapil chit fund is the waste chit which i have ever seen. they never fulfuill the customer need.They pay our money on bases if we add one or the other chit which is kept as a pledge with 4 to 5 government surities they affidavit is also asked with it. This ruler are never been mentioned before for the customer or it is available on which we make our agreement.

      As a customer i just want to ask the company why this is not mentioned before to the customer and why they need a peldge if the surities is taken or why they ask us to put with the new chit is it for they cumtion. Or the company is not paying them salary.

      This is going on with me from long time. Even though the chit is removed at last intervals.

      Please people don't invest your valuable money were there is no securite for it. It just waste company were they never respect the customer and the amount is also not issued on time because as per my equiry the employee use our money for they personal need and only half amount is paid as mentioning its as pledge. The manger is also involve in all this. Even the higher autority will never show any need ful.
      worest chit fund i have ever seen
      simply time and money waste
      u wont get single rupee saying with expericiance and lot of pain ..
      and company holds hmtv and hans india paper to controll all the complaints through syndicate media .
      i am damm sure that one day will come that depositors revolt ..
      but one thing chairman or founder is VERY GOOD person
      employees are bad bcz kapil chits is no their fathers property
      so employes treat depositors like a ####
      I'm the customer since 9 years "Secunderabad marradapalli BRANCH". kapil chit fund is the waste chit which i have ever seen. they never fulfuill the customer need.They pay our money on bases if we add one or the other chit 4 to 5 government surities i have lifted the chit in the month Nov 29 2021.

      Till now the chit amount have not given they are tell that amount not collected how many months they will delay i dont know kapil chits keep on postpone the dates.
      why thes company cheat the people amount and they are maintaining the different groups company's
      they are diverting the amount to other company
      ple dont keep chit in kapil is worst i ever seen chit fund company
      Helpful
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        guptabbl
        from Vepagunta, Andhra Pradesh
        Sep 17, 2009
        Resolved
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        Resolved

        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 interest for delayed period. It is surprising to note that we have not received any reply to the letter. As there is no response from them even for the letter and no payment of interest for the delayed period, we have lost faith on M/s Kapil Chit Fund company and discontinued the chit BLT 02 F1-11 and suspended the payment of further installments for interest on the delayed payment on our prized Amount. They have unilaterally decided to pay an amount of Rs.4200/- towards the installments of Rs 11850/- by removal letter without giving any written notice before removal of my name as a subscriber.

        Now we are reiterating that due to delay in payment of interest only, we resorted to discontinue the chit as there is a mistake on their part for non payment of interest for delayed payment for prized chit.

        It is also bringing to your kind notice that the chit company has not served the agreement copy to us and they are also not in the habit circulating the date of auction and other statutory details to us.

        They have collected 5 Blank cheques for security purpose at the time of chit prized along with the sureties, now the branch manager of M/s Kapil Chit Funds Pvt Ltd, Bobbili is threatening over phone that the security cheques will be presented in the bank for future liability.

        We hereby bringing to the respected Registrar to examine the matter and do justice.



        Thanking you Sir,


        Yours faithfully
        Aug 13, 2020
        Complaint marked as Resolved 

        kapil chit funds pvt ltd — late payment

        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 interest for delayed period. It is surprising to note that we have not received any reply to the letter. As there is no response from them even for the letter and no payment of interest for the delayed period, we have lost faith on M/s Kapil Chit Fund company and discontinued the chit BLT 02 F1-11 and suspended the payment of further installments for interest on the delayed payment on our prized Amount. They have unilaterally decided to pay an amount of Rs.4200/- towards the installments of Rs 11850/- by removal letter without giving any written notice before removal of my name as a subscriber.

        Now we are reiterating that due to delay in payment of interest only, we resorted to discontinue the chit as there is a mistake on their part for non payment of interest for delayed payment for prized chit.

        It is also bringing to your kind notice that the chit company has not served the agreement copy to us and they are also not in the habit circulating the date of auction and other statutory details to us.

        They have collected 5 Blank cheques for security purpose at the time of chit prized along with the sureties, now the branch manager of M/s Kapil Chit Funds Pvt Ltd, Bobbili is threatening over phone that the security cheques will be presented in the bank for future liability.

        We hereby bringing to the respected Registrar to examine the matter and do justice.
        Dear Sir/Madam,

        I am also subscriber of Kapil Chits Kosta Pvt. Ltd., VIZIANAGARAM. I was lift my 5 Lack chits on Nov 2009. The Manager was very Cooparetive. He was help me to pay money in time. means in the Next Month December 2009.

        i was spend that amount for my Sister marriage in time

        I am willing to move with Kapil Chits for further. Hope Chits are very good investment plan for Middle class people like me...


        Thanks

        Babu Rao G
        Dear Sir,

        I am one of the subscribers of M/s Kapil Chit Funds, Ongole Branch no.2 vide chit No.FOGTO/1H/36 where in we have paid all the chit amounts in time. We have arranged the 4 sureties with in 15 days of the auction, but we have amount not received

        4 sureties work in Ongole Dairy Managment by (NDDB) National Dairy Development Board in co-operative department but Branch manager not elible suretis The Ongole dairy established in 1978 in 30 years yearly 100 Core turnover 4Nos suriets is salary gross above 15, 000/- and

        May 24, 2010 subsciberthe chiitti till to date payment not received but chit payment installment intime .

        Margardasi and Sree ram chits any local chits eligible for co-operative surites but kapil chit not eligeble for surites .

        I working in Ongole dairy contract basic employee, L.IC Agent 5yrs submit by Income tax Assessee

        We hereby bringing to the respected Registrar to examine the matter and do justice.

        Thanking you Sir,
        I have a different amount of chits with kapil chit fund, in khammam GHANDHICHOWK Branch, in that 1 lakh of chit group was completed in February month, i am staying in hyderabad, they were not intimated for documentation everything will be fallow up from my self only, I am fallow up with branch officers and with manager also. Cheque also printed they were not intimated, when I called to the manager Mr.Dhayakar he said cheque is already compleated send your father tomorrow at 10AM. My father went to office at 11 AM manger was not there when my father and mecalled to manager i will come on 5 minits 5 min gone 10 min gone More than 1 houre my father was waiting in branch. Ask to branch staff they are talking too roodly and arguing with my father, if manger come on evening till that time wait for cheque. I don't know one thing cheques are keep along with manager ? That time I was called to Zonel Manager Mr.Rames he was also talking irrespectively and neglectly then later I was called more than 6 times phone is ringing but he was not answering my call. Then after I Was informed to KHAMMAM ZONE MD Mr.Rajkumar. This type of respect and responce giving to customers. So I was literally fed up with kapil chit fund Service, service will also build with Respect and responce only. I will never invest kapil chit fund in my life and never ever recommend to anyone. Very very too poore service ( BUSNESS SHOULD DEVELOP WITH ONLY CUSTOMER SERSERVICE AND SATISFACTION). I should request to u please take serious action on this issue, and don't repeate again with other
        Dear Team,

        Sub :- Regarding ZONAL MANGER AND BRANCH STAFF Irrespective response with customer.

        Respecting You,

        I have a different amount of chits with kapil chit fund, in khammam GHANDHICHOWK Branch, in that 1 lakh of chit group was completed in February month, i am staying in hyderabad, they were not intimated for documentation everything will be fallow up from my self only, I am fallow up with branch officers and with manager also. Cheque also printed they were not intimated, when I called to the manager Mr.Dhayakar he said cheque is already completed send your father tomorrow at 10AM. My father went to office at 11 AM manger was not there when my father and me called to manager i will come on 5 minits 5 min gone 10 min gone More than 1 hours my father was waiting in branch. Ask to branch staff they are talking too rudely and arguing with my father, if manger come on evening till that time wait for cheque. I don't know one thing cheques are keep along with manager ? That time I was called to Zonel Manager Mr.Rames he was also talking irrespectively and neglectly then later I was called more than 6 times phone is ringing but he was not answering my call. Then after I Was informed to KHAMMAM ZONE MD Mr.Rajkumar. This type of respect and responce giving to customers. So I was literally fed up with kapil chit fund Service, service will also build with Respect and responce only. I will never invest kapil chit fund in my life and never ever recommend to anyone. Very very too poore service ( BUSNESS SHOULD DEVELOP WITH ONLY CUSTOMER SERSERVICE AND SATISFACTION). I should request to u please take serious action on this issue, and don't repeate again with other customers face this problem.

        Thanks &amp; Regards
        Venkatesh.B
        Dear Sir/Madam,

        I am one of the victim to the kapil chit fund. Recently i prized chit bearing no. FGW TO 3P /35 at Gadwal branch. The branch manger and other staff members are not cooperative in following the procedures to get the prized amount to me. They are insisting to produce 3 black cheque and three govt. Employees surety as their security.
        My question is does the chit fund or any other organisations have any right to ask and get black cheques as there security?
        i already produced 3 Govt. employee's surety, i am not interested to give my black cheques to them . i want to file a case against the kapil chit fund company for asking blank cheques. Every one should complaint to the reserve bank of India in this regard .
        never never never join in KAPIL CHIT FUND COMPANY...

        THANKS A LOT
        FROM: G. RAVINDER REDDY .GADWAL

        suffering me

        what i will do by the company suffering me on my dues i want some time to ay my dues but they are directly coming where iam
        This is Syed Raouf, I have completed my 2 chits nearly 4 months back costing nearly 7L, the team and Manager at Ghatkesar branch
        are just bluffing me saying we will give your amount on so and so date, and when the day comes they are not even responding, this has become a big head ache, I don't know how this KAPIL CHITS management is working... they are not even responding properly..
        and now I have completed my 2 more chits costing 10L, and don't know when I am going to get this amount... I have talked to the regional manager I belive MR Madhu Sudan Sir, This Guy I dont know how Kapil chits have given him this H.O. seat... He does not have the respect to others nor he respect the Seat which is he holding, worst fellow ever met... no manners ... one good thing is he never picks up the call and gives all false statement...

        In my life a big mistake is KAPIL CHITS... never ever will forgive myself...

        Last Option I believe I have is Police Station... hope I will get my money when I go and ask help in Police Station...

        Regards
        Syed Raouf
        [protected]
        [protected]
        Dear Reader,

        This is to inform that I have received all the pending amounts from Ghatkesar Kapil Chits Branch..

        Thanks to the Manager and there staff to receive my money back..

        I take my complaint back...
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          G
          guptabbl
          from Vepagunta, Andhra Pradesh
          Sep 11, 2009
          Resolved
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          Resolved

          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. As there is no response from you even for the letter and now payment of interest for the delayed period, we have lost the faith on your company and discontinued the chit BLT 02 F1-11 and suspended the payment of further installments. You have unilaterally decided to pay an amount of Rs.4200/- towards the installments of Rs 11850/- by your removal letter without asking us the causes of discontinuation and payment of interest for delayed period.

          Now we are reiterating that due to delay in payment of interest only, we resorted to discontinue the chit. As there in a mistake on your part for non payment of interest and without giving an opportunity, we hereby asking you to pay the interest for delayed payment of bid amount and return the installments of Rs. 11850/- paid by us in respect of the fresh chit taken by us .

          Hope you will pay interest and return the installments of Rs 11850/- at the earliest to repose the confidence on your company.

          If we don’t receive the interest for delayed period and the amount of Rs. 11850/- is not returned to us, we have to resort to the court of law for seeking the justice.

          To day the branch manager of Kapil chit funds bobbili is telephoned me and threatened that he will present cheques for future liability which was given for security purpose .
          Aug 13, 2020
          Complaint marked as Resolved 

          chitfund — delaying in payment of money

          my name is naresh kumar i enrolled a chit in kapil chit funds( kakatitya ) pvt ltd my sub number FKRM03F1-24 1,50,000 chit i prized this chitin 31/10/2010 they till now not given check to me i reaptedly consulted the office finally they told we give check at 6/01/2010, really i disappointed
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