Kapil Chit Funds — delay in release of chit payment

Ramesh.mudham

from Paloncha, Telangana

Address:	506343
Website:	www.kapilchits.com

Hi
I rajesh have chit in kapil chits on the name of my father are. Shakaraiah.
I been awarded the chit in bidding held on 20th january.
Since then i've asked for suriety of 2 govt and 2 private.
I've submitted the docs of the surieties along with my docs, that means i've submitted 5surietues.
Though i've submitted more docs than said now the kapil chits is asking for 3 yes form 16 of pvt. Employes.
But the corporate employee will never put all the 3yrs form 16 with them.
Even for the home loan and others people ask only one year form 16.
Don't know why this kapil chits wantedly screwing the happinesses of the customers.
Initially they beg for the chit and after the bidding they screw the happinesses.
I've submitted extra than said but no consideration.
Please look into this issues.

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Kapil Chit Funds customer support has been notified about the posted complaint.

Apr 18, 2018

Updated by Ramesh.mudham Kapil Chits representative had told that my cheque had been processed on April 1st week.
But till now I've received any single rupee.
Branch manager of mulugu branch kakatiya
Mr.Linga chary is not even picking my calls.
what responsible manager and responsible company.

Just making fools

Till now any update had come on my complaint.

I shall approach consumer Court for cheating and irresponsible behavior by the branch manager and the management.