Kapil Chit Funds Complaints & Reviews

Hello Sir Good Morning This Is Saini Kumar From Karimnagar Regarding (KAPIL CHIT FUND PVT LTD ) Rampur Branch, Karimnagar Manager Name : Thirupathi he said that your your payment will clear in 10 days but know he's not responding to my call and enquiry since from 4 months We Have an Emergency Situation in Hospitalization so sir kindly please help me Chit Duration 50 Months and present 48th payment has completed My Chit no : FRT04T-24 Auction Submited on Jan[protected] Kapil Chit Rampur Branch, Karimnagar (Telangana) -505001 Contact For any Other Enquiry abut this (Saini Kumar -[protected])
and I Have Register a complaint in Assistant Registrar of Chits, Karimnagar But Not Even responding I Had Attached a complaint Registered Xerox and The Memo from Kapil Chit Fund That The Payment Will be Done IN 10 Days But Not Even Responding for my chit payment since from 4 months Kindly Please Respond
and there is no use from your consumer support

Dear sir,

please to inform u that mr kapil chit fund pvt ltd are collecting late fee penalities without proper reason for 30 days and not listing to me.
when i lifted the chit they settled me the amount after 4 months even after following up.
when we questioned and asked for waiver request and intimated him that i wont be paying further emis till waiving off than collection agent is rude at me and thearting we know how to collect money from u as we had given surities when we lifted..
Hence request forum to involve and save consumer rights.

jaipal reddy
subscriber
no KHK03L01W-22
[protected]
[protected]

I hv visited MGM arias Kapil chits branch and paid 2 chit amount (4 Installments) on 21.05.22 even after 3 days Payment is not updated,

I am scared in digital world Payment is getting so much of time,

I am forced to quite from ur chits for this kind of money is used if customers not expected this kind of behaviour of Kapil chits

Zaheer
[protected]

I got chit for the month of April. Verification completed on 22nd April. I didn't receive money yet. What's this

I am g Chandra Shekhar subscriber in FMHT01S-41 at mahabubabad branch. I am prized with 16, 50, 000/- on 29.03.2022. but conducted late process by Kapil like surety form received after 2weeks, i am submitted sureties in one day. Searching by Kapil took 2weeks. After five days tell us my surety is problem. I am cleared that problem in one day. That file send to zonal office took 10 days. Verification completed on 09.05.2022. but still today onwards check no. Not alloted.

I had lifted 5 lachs chit 45 days ago, but i have not received money,
the responce of the manager is nill
my branch kakatiya 2 bhopalpally chit no FBLT16J25 MY ph no [protected]

The worst ever. Do not recommend this to anyone. They don't give the money for 4-5 months and they don't even pay the interest for those 4-5 months but if we delay it for one day also, they make us pay the interest.

I am veeraharin I have 2 chits of one lakh rupees i auctioned in the month of june 2021 and September2021 at Nellore annamayya circle brach. My chit number is FNET 88f2 and FNET 88f3. Not giving money please persue and solve my problem

I am from Nellore I have 2 chits raised one year back but they are not giving money
My name veeraharin rachaputi
Chit number FNET 88f2 FNET 88f3

We have started our chit in Jan'22 and paid Rs 6, 700/- as second month installment to SUNIL REDDY agent of Kapil chits, Balanagar branch on[protected] but not paid by him to Company till the date[protected]. The branch manager of Kapil chits is not taking any responsibility for the said amount.
Hoping for your quick response.

Hello Sir Good Morning This Is Saini Kumar From Karimnagar Regarding (KAPIL CHIT FUND PVT LTD ) Rampur Branch, Karimnagar Manager Name : Thirupathi and I Have Register a complaint in Assistant Registrar of Chits, Karimnagar But Not Even responding I Had Attached a complaint Registered Xerox and The Memo from Kapil Chit Fund That The Payment Will be Done IN 10 Days But Not Even Responding for my chit payment since from 4 months Kindly Please...

KHYT15J-15 is my kapil id I want to discontinue the chit because of family problems I was paid 6emi s around 45k now the agent is telling to me that 28k is lavied to discontinue charges remaining amount will be given after completing all formalities….
Is he saying correct and some one help me to discontinue from kapil

Thank you

Buchireddypalem, Kapil chits are bad / kapil chit are totally bad . not responding manager for give back money. he is not pickup my phone i tried to again and again, he is just messaged me . manager number[protected]. i want only when i received my amount just only

I made a test transaction if Rs.100/- on 20/04/2022 to my chit account.
The amount was not credited to my account till now

I am one 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 : KARIMNAGAR
Group Code : FKRT19P-6
bidding Month : 45
Chit Value : 10, 00, 000/-
Bid Amount : 9, 60, 000/-
Running action month - 49.

There is no pending documents to submit, everything thing is clear.
the reason they are mentioning is they are getting the collection amount.
The person/ agent -Sampath from karimnagar branch promising since march, every month he said he will be clearing my amount .

As it's taking more time, I just want to know from the higher authorities of the KPIL CHITS company as to whether any time frame was fixed for payment the monthly subscriptions on time without delay. As per the law there is time frame for this type of chits. So far i paid the monthly subscription amount on time washout delay. So, let me know how long i have to wait to get my bid amount. Where is the lapse ... is it on the part of the branch people.. or on the part of organization. Do some thing before people loose their trust over the Company and reach out to consumer forum.

We do chits to our needs to fulfill but here in Kapil chits they never pay in time, they take minimum 3 months, so it is useless chitfund comanay, they earning interest and doing rotation business in real estate with customers money/saving.

Please look in to this and relove the issue ASAP.

Hi Kapil Team,

I have been a loyal customer of Kapil from past 12 years. I am here to address you my concern, due to pandemic we have lost the rhythm of salaries and payments, Still we have tried to do the payment on time, It is very difficult to pay penalty in thousands of rupees.As we urged the management to consider the penalty, Manager is no where concerned about the situation. I request the Kapil team to consider the wavier and propose the revised penalty. I would request Kapil management to consider the request and support the customer.

I M. Changal Raju, native of Rajampet of Cuddapah district, is one of the customers of Kapil Chits (PVT) Ltd Hyderabad. I am the member of the chit KHB01T37J-44 worth Rs. 5 Lakhs . I have participated in the auction through online in the month of January 2022 and got lifted the chit, Verification was completed in the month of February and I have submitted all the necessary documents to the representative of Kapil chits. There after I am not receiving any update from the company. I have called the local branch several times, but no response from them. That is the reason why I am lodging a complaint here. Kindly help me.

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 monthly subscription amount on time without delay, don't understand why it is taking too much time for the bid amount.

Please look in to this and resolve the issue ASAP.

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 customer of Kapil chits since 15 years. This is the worst experience I have been getting from you. Who will bear the loss of this period. I have planned a land registration and suffering a lot.
Kindly take the appropriate action on this. I have one more 10 Laksh chit with this company but service is very very bad.
Prof. M. Changal Raju
5/100 C Kolimi street
Rajampet -516115
Mobile: [protected]

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