Kapil Chit Funds — chit amount payment after auction-reg

Earlier i worked in m/s bhavya cements ltd as general manager-electrical, after my retirement from feb.2016 i am staying at vijayawada.

When i am at bhavya cements your macherla 2 kapil chits officers met me and requested for one dropout chit of rs 5 lakhs, with great pressure only i accepted and paid the amount for chit no fmct13j-7.in sept.2014. Every month in 1st week your staff collected monthly subscriptions up to feb.2016.

From march2016 on wards every month i only contacted your office and paid the subscriptions. On 29.06.2017 chit auction i participated at 4.00pm and got chit auction at rs. 39000/-. Same day on my request your staff taken my signatures on all the surity papers including 3 nos white papers also at your macherla2 office. While returning from your office they requested me to take one more dropout chit of 5 lakhs.

Till date up to 26.07.2017, they had not paid my chit amount.
Every month monthly subscription amount to be informed by sms or mail. From march 2016 on wards every month i only telephoned to your office and paid the subscription amount.

My present age was 67 years, retired and staying at vijayawada. Please arrange the chit no fmct13j-7 full and final amount to me at the earliest.

I am not interesting to take one more new drop out chit at your macherla2 office due to distance, no commutation for subscription and for participating in chit auction.

Kindly arrange chit payment without any other deductions.

Regards,
K. Veerabhadra rao.
Mobile no [protected].
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