Kapil Chit Funds — non payment of bond

Address:

Nellore, Andhra Pradesh, 524004

I have invested in your chit for 50months at kapil chits koasta ltd, vedayapalem, nellore and during the last part of the chit period, your officers called me and requested to invest in deposit for 1year with their branch by participating in the auction. Accordingly, i have participated in the auction and signed for investment for 1 year and due date is 04.04.2018. After completion of chit, they have returned the bond and surprisingly noticed that they have invested in kapil infra avenue bonds, but not in kapil fixed deposit as it was told at the time of deposit. The same i was questioned at that time, they replied that they will make the payment on maturity date if the bond is presented at kapil chits vedayapalem nellore. On 06.04.2018, we have handed over the said bond duly discharged with letter and pan card xerox and they said that cheque will be given shortly. On my continuous persuasion with the branch manager mr. Muni kumar we are not getting proper reply and the maturity amount is not yet paid to me. Further, i had invested with an intention that it will be useful for my child education and now i need to make payment of fees for my child engineering education. Hence, i request you to kindly arrange my maturity proceeds along with up to date interest.