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Kapil Chit Funds Complaints & Reviews

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Last updated Oct 8, 2024
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Bad news - Even though we've managed to contact the company, they're quite slow at resolving complaints.
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Kapil Chit Funds reviews & complaints page 8

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R
Ramanareddyvaka
from Hyderabad, Andhra Pradesh
Apr 30, 2022
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Online payment not credited to chit account

Address: Hyderabad

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...
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V
vamy
Apr 26, 2022
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Bid Auction Payment over delay -FKRT19P-6

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...
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V
Vamshikrishna3132
from Hyderabad, Telangana
Apr 25, 2022
Apr 25, 2022
This thread was updated on Apr 25, 2022
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Penalty Waiver

Address: Balapur

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...
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M
mcraju
from Rajampet, Andhra Pradesh
Apr 21, 2022
Apr 30, 2022
This thread was updated on Apr 30, 2022
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Lifted the chit KHB01T37J-44 in the month of January 2022, but no response from the representatives of the company

Address: Kapil chits (PVT) Ltd Hyderabad
Website: kapilchits.com/Default.aspx

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...
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R
ramesh_bolla
from Bhadrachalam, Andhra Pradesh
Apr 19, 2022
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Kapil Chit Funds Bid Auction Payment delay

Address: Bhadrachalam, near bhadra maruthi super market

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...
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P
Prof. Changal Raju Malraju
Apr 18, 2022
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Lifted the chit KHB01T37J-44 in the month of January 2022, but it is not credited to me so fat and no response from the local bran

Address: Rajampet

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...
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T
Tarun Reddy yalamuri
Apr 16, 2022
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Chit amount delayed

Address: KALIDINDI

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...
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M
Mounika Pilli
Apr 15, 2022
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False information provided until I opened a chit account and changed words as they like when it came to auction and bid amount

Address: Khamman -CAO

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...
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A
Arun kumar Janga
Apr 12, 2022
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Regarding FD

Address: Karimnagar

My FD maturity is completed in Jan 2021.
3 months completed.
Still I did not received my money.
Please help in this....
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K
Kameshwari Devi
Apr 11, 2022
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Chit Auction done in Nov 2021,Amount not received yet

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...
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C
Chandrasekhar R G
Apr 11, 2022
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Settlement issue

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...
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A
AV R N B Manikyala Rao
Apr 7, 2022
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Non receipt of Chit amount after completion

Address: Bhadrachalam, kothagudem

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%....
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S
Sivareddy Desireddy
Apr 7, 2022
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Not able to settle my payment

Address: Kapil Chit Funds Head Office Address House No 3-6-9/10, 1st Floor, Above Corporation Bank, Vivekananda Nagar Colony, Kukatpally Hyderabad Hyderabad Di

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...
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L
laxmi0906
from Hyderabad, Andhra Pradesh
Apr 5, 2022
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Fraud in offline Auctions

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...
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A
[email protected]
from Hyderabad, Telangana
Mar 29, 2022
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My chit was completed in January 2022 chit ticket no - FKLBT37F-37

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...
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S
Sudarsan1982
Mar 28, 2022
Mar 29, 2022
This thread was updated on Mar 29, 2022
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Unable to participate in the auction because of not registering my Chit

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...
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V
Vamsi Gali
Mar 22, 2022
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Not giving my money

You people are not responding to phone and your office also closed in Ongole if you don't respond i will complaint to police...
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E
[email protected]
Mar 17, 2022
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Auction bid completed and money not received since two months

Address: Karimnagar.Telangana505001

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...
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V
venkat75
Mar 17, 2022
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Badly delay in paying of chit amount

Website: [email protected]

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,...
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A
AvinashGwd
from Hyderabad, Telangana
Mar 16, 2022
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Bid Auction amount not received even after 6 months crossed

Address: Kapil Chit Funds,Peddapalli,Telangana

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...
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