Kapil Chit Funds Complaints & Reviews

I am on of the Chit member of your Kpil's chit family. we have participated the auction and lifted. Please find the below details for the same.

Branch : BHADRACHALAM
Group Code :TBCT07J-20
Auction Month : 36
Chit Value : 5, 00, 000/-
Bid Amount : 4, 43, 000
Running Auction Month: 37

Checked with the manager and told me will take 2-3 months for amount credit in the bank, paying...

My name is M Changal Raju from Rajampet Kadapa district, Andhra Pradesh. I have lifted the chit KHB01T37J-44 in the auction of the month January 22 and the verification was too delayed and completed in the month of February 22. I have submitted all the necessary documents to Kapil chits, but my prized amount has not been credited sofar. I have been enquiring at the local branch office, I couldn't receive any reply from them.
I am the...

My grandfather, has a chit in kapil chits in Eluru branch, the chit value is of 6 lakh rupees, the amount is his pension amount, the chit completed in 2021 march.
We have visited so many times branch office, the manger escaped from the office, very abused behaviour, Right now we are in emergency amount is required for us
The calls also not responding
Please Help us, The government taken action against this company...

They said only 2 government sureties are required at the time of withdrawing the amount. Later when the chit commenced and in the 3rd month when we got to withdraw the amount they have asked us for 5 sureties instead of 2. When we said we can provide 2 government and 3 private sureties they said ok and took all the 5 sureties with proof documents. After few days they said since we couldn't get the 5 government sureties they are not releasing...

My FD maturity is completed in Jan 2021.
3 months completed.
Still I did not received my money.
Please help in this....

Chit Auction done in Nov 2021, Amount not received yet

Manager- Madhusudhan Reddy_Karimnagar Branch
No reponse from hi even after multiple calls.

Through all the documents are submitted 2months ago amount is not credited and he is not picking calls and sends messages...

No proper person to deal the settlement, As I joined gave lot of fake commitments and at the last moment of settlement also giving fake commitments...

I A Lakshmi Madhavi is a member of chit and completed on February 28th. But amount is not received till date. When contacted your manager and regional manager are telling that it will take 3 months. When joined chit it was confirmed in written that amount will returned
Within 45 days.. hence it is requested to refund the amont as committed failing which proceeded legally with penal interest claim @36%....

My name is Sivakumar f. I had a chit-FGML02G-23 in Gudur branch Nellore DT. I had completed the auction in SEP-2019 but the amount was still not settled. I have gone to the branch manager-many times and given false commitments and he is not picking up my calls as there was no response. I have deposited an amount for my personal purpose, however the amount is not getting timely manner which is unfair.
I am requesting you to please...

It's clear that fraud is going on in offline chit .since 4 months I have been participating in auction with the help of agent.every time agent said there is a demand ..so finally I lifted the chit but in the next month there is a 72, 000/- high in the auction which never happened in entire 35 months. And u asked why there is this much difference.i was told that this time there is no demand ..literally these guys are eating our profits and...

Dear sir,
I'm the customer of Kapil chits since 2006. I have completed my 1 lakh chit in Nagole branch with chit number FKLBT37F- 37 for 50 months which was completed in January2022 but still now chit payment is not issued to me.when i called manager he was telling that payments are not collected he told he will make payment by March 25th again when i called on March 25th amount is not adjusted he will issue after festival i.e, on...

Respected sirs, my sister in has joined in two chits in Kapil chits namelyKMST08P-21, KMST11J-23 in Sangareddy CAO through Anantapur Kapil Chit Kamalanagar branch. Iam not able to participate in auction because concerned employees in Kapil Chit not registered my Chit. I have paid chit premium 3 months in advance.i have urgent need of money for health purpose.I would like to complain about this to RBI and other concerned bodies if you not...

You people are not responding to phone and your office also closed in Ongole if you don't respond i will complaint to police...

FRT48J-3 CHIT at Karimnagar branch was auctioned successfully 75days back, amount not received. Manager k.Tirupathi Reddy and agent not lifting phone..
We have a emergency situation please help us to get the amount ASAP.
Thank you...

I N.VENKATA KRISHNA had a chit number:FKPT22K-14 in your kadapa-1 branch an amount of rupees 03 lakhs. After completion of 43 months in 44th i lifted chit an amount of approx rupees 2lakh 26 thousands and also at that time i prodced all relavent documents for processing of payment but till now we are not received prized chit amount.I, personally and over phone several times contacted manager and ao of that branch problem wase not resolved.so,...

One of the chit members of kapil chit fund of peddapalli branch, Peddapalli district, Telangana

I participated in the auction and lifted the chit 6 months ago, still i dint get my amount

I went to chit fund office several times the branch managaer was never available i even have the video recording of his absence always
and he doesnt answer phone calls and doesnt even respond to customers properly so...

Kapil chit funds nalgonda branch
chit number tnat08f ticket number 35
subcriber : k raghunadhaswamy.
Contact : [protected], [protected]

chit period completed. I have not yet received my payment though all documents were submitted. Contacted branch manager mr upendar also. He assured payment by 20/02/2022. When i did not receive payment by 20/02/2022, i contacted him again on 07/03/2022. He assured payment...

Kapil chit funds nalgonda branch
chit number tnat08f ticket number 32
subcriber : k raghunadhaswamy.
Contact : [protected], [protected]

chit period completed. I have not yet received my payment though all documents were submitted. Contacted branch manager mr upendar also. He assured payment by 20/02/2022. When i did not receive payment by 20/02/2022, i contacted him again on 07/03/2022. He assured payment...

I lifted the chit on the month of December with chit number 27 j at parkal branch. In that time the officials of chit said that the amount will be credit with in 45 days. But the amount is not credited till now I.e. nearly 3 months completed. Why should I wait for money.
What can I do.please tell me. I paid every month chit with out fail. If we not paid in time you charged fine . So will pay any fine to me for late.
Plz reply...

Hi Kapil group,

This is to bring to your notice that Raju Ravula cheques manager at kapil chitfunds Habsiguda, hyderabad is troubling us alot.

There is a 20 lakhs pre mature policy of ours C/o Golluri Sudhakar who is my father.

Raju Ravula who is the cheques manager at kapil chitfunds Habsiguda has released 10 lakhs in sept - October and promised that the other 10 lakhs will be automatically...