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Kapil Chit Funds Complaints & Reviews

www.kapilchits.com
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Updated: Mar 6, 2025
Complaints 1043
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58
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Bad 😕 It seems that Kapil Chit Funds has not focused enough on responding to their consumers’ feedback. Because of this, many concerns and issues remain unaddressed, making customers feel ignored and dissatisfied with their experiences.
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18
Fixed deposit
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Not received money
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Not Paying my chit amount 1000000 last three months

Kapil Chit Funds reviews & complaints page 34

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N
Naavee
from Guntur, Andhra Pradesh
Feb 28, 2019
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not received my cheque

Address: Medchal branch, Hyderabad, Andhra Pradesh

Dear sir,
Worrest chits branch in hyderabad - medchal kapil branch
Because i’m lifting my chit dec30
I will submit all documentation and as well as required signatures till date 18 jan. Still not giving my money and i’m enquired the branch manager but not use he telling every time same answer more 1 week more 1 week...
Please kindly request solve my problem...
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V
Veerender Nomula
from Hyderabad, Telangana
Feb 28, 2019
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chit action is improper

Dear sir,

I have been promised to give me chit in 2nd month, now the chit is around 30 month but still there is no response every month they quote highly when ever i'm visiting. Initially they have quoted less around 85000 and now this has been increased to 107000 now they are increasing when ever i'm visiting there.. Never ever believe in kapil it's all fraud

Thanks,

Veer...
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S
Srinivas Reddy Janga
Feb 28, 2019
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about bid payment

Address: Bodduppal, Hyderabad, Telangana

I srinivas reddy has lifted the chit 2 months back, at uppal, hyderabad and i gave surity as 100% pledge. When i approached to manager he told that cheque will be issued on month end of feb, but he has not issueed and now he is saying it will take one more week if you want you can complaint any ware. He is saying as per company norms cheque will issue 3 to 4 months and am not is this correct? And i want esclation contact.
Kapil chits...
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T
tejaswi manu
from Kakinada, Andhra Pradesh
Feb 25, 2019
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about payment of chit

Address: Warangal, Andhra Pradesh

I rajani has lifted the chit, chit no:ftrt22j
At thorrur, mahabubabad dist on[protected]. On[protected] the documentation in completed. When i approached to manager he told that cheque will be issued on 15-2-19, but he has not issued it to me till today as the company has issued the cheque on 19-2-19. He kept it and telling me that it will issue after one month....
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G
gangadharaj
from Bengaluru, Karnataka
Feb 24, 2019
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i had prized my chit 9 months back, but still my amount is not returned

Address: Kavitibadra, Vizianagaram, Andhra Pradesh, 535522

I had prized my chit on may 2018, and i had submitted all the required securities & documents with in the month of prizing date, my chit no. Is fpbt06h-50. Now 9 months is over but still i am not getting my amount, the branch manager of parvatipuram-2 & his assistant talking rudely, so far the chit amount was not paid to me. Kapil chit fund is completely fraud & cheat the customers. Especially the branch manager of parvathipuram mr ramana...
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A
aepurusk
from Paravur, Kerala
Feb 19, 2019
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reg complaint against kapil chits and sunil (branch manager) because of non remittance of lifted chit amount

Address: Hyderabad, Andhra Pradesh, 500097

Subject:- reg complaint against kapil chits and sunil (Branch manager) because of non remittance of lifted chit amount in 52 days and all illegal activities.
Sir, i aepuru ramanaiah, (Retd. Sub inspector). Have two 5 lacs chits i. E fklbt23j-42 on the name of my wife aepuru vani and chit fklbt26j-13 on my name in kapil chits, branch l. B nagar and branch manager is mr. Sunil.in october i informed sridhar reddy (Collection boy) to...
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J
Julla Vinay
from Hyderabad, Telangana
Feb 18, 2019
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executive collected the but amount not deposited.

Address: 506223

Sir,

I am J.Vinay, we have a Chits in the name of my mother JULLA LAXMI in cherial branch, chit no's FCRT15J-10, 20 and 26.
In month of Nov-2018 I had paid amount for Oct-2018. But your executive amount not deposited in FCRT15J-10 and one thing in the month Nov-2018 he collected amount 9370 but he has deposited only 8650. There no Manager in the branch, to whom I have to contact. Wrost Service by your staff, no one...
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M
M Gangadhar
from Delhi, Delhi
Feb 16, 2019
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non issue of noc even after completion of payment - reg.

Address: 500029

I have joined in kapil chits (Himayathnagar branch) hyderabad vide reference cited and on 12.1.2019 and i have decided to clear-off the balance chit amount to get noc. I have approached the kapil chits, himayathnagar branch executive and enquired about the balance amount to get noc. He enquired about the details of my due amount i. E., rs.1, 16, 000/- as full and final payment to get noc immediately. Basing on the suggestion of the executive,...
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S
srinu tillu
from Hyderabad, Telangana
Feb 11, 2019
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post dated cheque presented before the date.. negligence careless ness

Address: Hyderabad, Andhra Pradesh, 500059

Dear sir
Greetings of the day

My self e. Srinivas reddy s/o e narsimha reddy.. I have given cheque to kapil chits cheque no : 432683 sbi bank... Cheque presented in karur vysya bank santhosh nagar branch
With out looking its was postdated cheque with the negligence of bank staff without even looking it was postdated cheque they have presented in sbi champapet branch they have charged me 590 rs of cheque return...
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M
maharshi a
from Vijayawada, Andhra Pradesh
Feb 11, 2019
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chit pre closing amount

I have subscribed chit in kapil chit kosta put ltd at mogalrajpuram branch. I am paying amount regularly. Kapik chits branch manger is not allowed me to auction the chit since i have precluded the chit and i requested for my chit amount. Even after 2 months of closing they not giving my amount which i have paid. Please solve my issue.

Shahina
[protected]...
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A
Ashalatha nelapalli
from Chennai, Tamil Nadu
Feb 7, 2019
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branch manager mr. rajesh for his behavior.. balapur branch

I am having 2 chits of rs.5.00 lakhs and rs.10.00 lakhs in balapur branch from 2016. I lifted both the chits. Rs.5.00 lakh in lifted in 2017 october for which i received my cheque in march 2018. Asked for the reasons the branch manager mr. Rajesh was so rude n gave lame excuses.. For which i had faced huge losses. We opt for chits to meet our needs n v r not ur servants to treat so rudely. Now though 1 or 2 delays i'll make 1 month payment...
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C
chinna1881
from Bengaluru, Karnataka
Feb 5, 2019
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payment not made of completed chit group(fant45-50)

Address: Kurnool, Andhra Pradesh, 518301

Dear sir/madam
This is s suresh from adoni kurnool dist andhra pradesh
Chit group no : fant45f-50
I am the member of the above mentioned group but it was closed september 2018. Since payment not done by the adoni branch kapil chit fund.
I sincerely so many times contact to adoni branch manager and staff but they are simply postpone month by month it is repeatedly by last four months, so please verify and do...
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J
Janapati Krishna Bhagavan
from Hyderabad, Telangana
Feb 4, 2019
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non payment of chit bid amount

Address: Hyderabad, Telangana

I lifted chit no. Fhl09p-34 in september 2018 and completed all the documentation required. So far the chit amount was not paid to me.
As more than 4 months period was over from lifting the chit, i just
Want to know from the higher authorities of the 'kapil chits' company
As to whether any time frame was fixed for payment of the chit value
After auction. If so, kindly let me know. So far i paid the monthly br...
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G
Gurrapu Venkatesh
from Hyderabad, Telangana
Feb 4, 2019
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not returning money even 6 months after chit completion

Address: Warangal, Andhra Pradesh, 506142

We have paid a chit for 5 lacs rupees in madikonda branch. It's has been 6 months that chit has completed. Even though they didn't pay our money back. They are blackmailing us that if we join the chit then only they will give the money. It has been 6 months we are going to office twice in a week. Is this the way kapil treats it's customers?
Please help me....
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S
Sarwagna Kumar
from Chirala, Andhra Pradesh
Jan 28, 2019
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chits fraud

Address: Anantapur, Andhra Pradesh, 515672
Website: www.kapilchits.com

Our chit number: fdvt04p-45. We have lifted 10 lakhs chit at 8.5 in june-2018. Now it is january 28th 2019. Till now they haven't returned our money completely. The branch manager moulali (Dharmavaram), & regional manager suresh (Anantapur) are behaving very rudely when we are asking for our money. They keep postponing and never even care to give a date when they'd give back our money. We are yet to receive 3.5 lakhs plus six months interest...
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K
Kumarraju Balaraju
from Hyderabad, Telangana
Jan 28, 2019
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bid payable amount not received

Address: Hyderabad, Telangana, 500087

Iam the subscriber in neredmet branch of chit no. Fnmt02g-09. I have lifted the chit on[protected]. As per company norms i am submitted the surites and also verification completed, as on day i have not received bid payable amount. On[protected] i have received a message current month due amount adjusted from bidpayable amount, but still iam not received bidpayable amount. So, give me reply regarding my bid payable amount. Or else i will...
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M
misreekanth
from Hyderabad, Telangana
Jan 27, 2019
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kapil chit fund will not be in one commitment

I am m sreekanth one of your kapil chit fund member of dilshuknager and my group number is fds06j
Ticket number 22.
I have lifted the chit at seventh month and got the cheque after two month with multiple call and
Messages to the branch. I have call to hanumanthu branch manager he told that within two day i have
Called after two and again he told it will take three day, like that it went two month and the managerbr...
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D
Dhanamjaya Rao
from Visakhapatnam, Andhra Pradesh
Jan 21, 2019
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false promises & deficiency in services by kapil chits

Address: Hyderabad, Telangana

We are the Member of a Chit of KAPIL CHITS (HYDERABAD) PVT., LTD., at Abids branch, Hyderabad. The Chit value is Rs.2, 00, 000/- for a tenor of 50 Months, commencing from 03/15 with Monthly subscription of Rs.4000/- . I have been paying the Monthly installments regularly.

At the time of opening the Chit, I was told that the Chit amount, on winning the bid, will be paid to the prize winner within 7 days from the date of documentation,...
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M
misreekanth
from Hyderabad, Telangana
Jan 19, 2019
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kapil chit fund will not be in one commitment they are fraud

Hi all,
*pls not to join kapil chit fund, i have faced soooooo many issues*
Please do not join kapil chit, before join they will give multipule commitments, once we join they will not pick the phones and they will block our numbers.
I am member of kapil chit fund i have joined after six month and paid with six month of installment.
Dilshuknager branch mr. Hanumanth rao, i have lifted the chit and they told they...
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P
Pramodambati
from Hyderabad, Telangana
Jan 17, 2019
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chit amount not provide after 7 months

Address: 500036
Website: KAPIL CHITS HYDERABAD PVT LTD

I think kapil chits are in losses
I didnt get my chit amount even after six months. I have drawn my chit in ashok nagar branch. I have been calling branch continuously initially they were giving dates and now they stopped lifting phone. I have called and informed agm mr. Srinivas reddy. He has said that my cheque will be issued 3months back. Once called him and he was shouting on me regarding this issue. He was given his executive...
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