Kapil Chit Funds — cheque bounced ready to make alternate payment through cash once cheque returned

Address:H. No. 10-105, Street No. 1, Aadarsh Nagar colony, Peerzadiguda, Uppal, Medchal district, 500039

I had made a payment of rs. 12000 through cheque after long period of 6 months my apologies. I order to stream line my payment requested branch collection executive to call me before it was presented. But payment was posted without informing. Cheque got bounced. Requested to give back cheq and collect amount in cash. But denied. Please note payment will be not done unless my cheque is returned. I have requested mr. Venu to get my payments updated and handed him over my chit book which is also not returned. Please ensure my bounce cheque is returned and collect cash immediately. Failing which i will not make any further payments also make sure that no calls/notices will be sent to my friends who gave surety for me.
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Kapil Chit Funds customer support has been notified about the posted complaint.
Aug 01, 2019
Updated by david vt
I had made a payment of Rs. 12000 through cheque after long period of 6 months my apologies. I order to stream line my payment requested branch collection executive to call me before it was presented. But payment was posted without informing. Cheque got bounced. Requested to give back cheq and collect amount in cash. But denied. Please note payment will be not done unless my cheque is returned. I have requested Mr. Venu to get my payments updated and handed him over my chit book which is also not returned. Please ensure my bounce cheque is returned and collect cash immediately. Failing which I will not make any further payments also make sure that no calls/notices will be sent to my friends who gave surety for me.
Aug 01, 2019
Updated by david vt
Branch Uppal depot.
Aug 17, 2019
Updated by david vt
Further to add on above 3 persons including Venu visited to my home they claim themselves as legal team and they are advocates. I requested them to show their ID's to cross verify which they don't carry but they denied to show the same. I requested that I will make payment through EMI's of 10 k each month from next month butIt was not agreed by them and started yelling and shouting at our premises for which I insisted its not fair that you can come and yell at my door if you are not ok with my conditions of paying in EMI's hence I claimed to send legal notice so that we can meet in court. But they started yelling and insisted that they will not go until payment is done for which I replied with pleasure you can wait until your wish. They threatened to lock our door for which I handed over the keys. I request Kapil team not to send any collection persons to my premises going further failing which I will not hesitate to log a police complain. Will settle legally, instead if my condition of making payment in EMI's for 10 k each month is accepted we can go ahead smoothly. I hope Kapil team will understand.

Aug 17, 2019
Updated by david vt
Pics enclosed of three persons visited our home
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    Kapil Chit Funds Phone
    +91 40 2306 6699
    +91 40 2306 0229
    Kapil Chit Funds Address
    House No 3-6-9/10, 1st Floor, Above Corporation Bank, Vivekananda Nagar Colony, Kukatpally, Hyderabad, Andhra Pradesh, India - 500072
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