Kapil Chit Funds — delay in prized amount of rs 50, 0000 / chit group no. kdt01j

To date:28.11.2018
Director / manager
Kapil chit (Karnataka) pvt ltd
Bangalore

Sub: delay in prized amount of rs 50, 0000 / chit group no. Kdt01j

I am bhojaraja c y, staying in # 495, 16th cross chokkasandra, t dasarahalli branch, bangalore.
I am regular customer of kapil chits from dec 2015, i have completed one lack chit amount for the group kss08f-2f. Further on completion, i joined for two more newly formed chit groups for an amount of rs 1 lakh (Kdt14f-8) and 5 lakh (Kdt01j-16) recently on 28 jun 18, i participated in 5 lack chit bid and i prized for rs. 3, 95, 000, after that i asked for sureties required from my end, manager mr. Chandru has told me to give two government sureties and one private guaranteer for surety, thereafter, on 22nd aug, i handed over the all the necessary documents two government employees & one private employee documents as required. Also handed over salary slip, signatures and other details as required to m/s kapil chit manager at t dasarahalli branch. After that manager chandru confirmed to me that all documents are correct, and he will get the approval within a week. After 10 days (03 sep 18), i called him regarding prize amount he told all documents are accepted at main branch and they are sending approval from main branch, after a week, on further enquiry, it was informed that sureties verification not done and it may be done within 3-4 days, after that every day i keep on calling he told that everything approved and cheque is under preparation and you will received by november 10, till today i have not received the cheque, and further mr chandru, intimated that some manager from bellary is bringing cheque personally along with him. Like this they have kept changing the dates. Again. Last week we are told that there is document issue, and further we need some more liquidate surety and the document since the same is not approved from md side, now, they are providing a new story that my payments were delayed for 10 days in 2 -3 chits out of 24 chits. As far i know, i paid all chits in time. Manager hanumathulu (Earlier) manager) has confirmed that only two sureties are required for prize amount. Its more that 3 months, that i have not received the amount, and i need this amount for some other purpose. I am requesting you kindly release my amount without any further delay.

Thanks and regards

Bhojaraja c y
Mob:[protected]
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Me, shaik mahammadali, had 3 five lakh chits with the chittoor branch. 30 months completed, taken a chit in action before 7 months.submitted all surities, verification completed before 6 months.bur i have not yet received my payment.the manager is not lifting the phone .
I am Smt.Dr.Katta Ramadevi, Programme Officer(Dy.DM&HO), Medical Health and Family Welfare Dept.Naidupeta Divission, SPSR Nellore District. I am saving chit our Kapil Chits Tenali Branch limits, so chits action completed or metured on 25.6.18. i am not received ten lacks chit amount till today.So please parse the my problem immidiatly.

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