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Kapil Chit Funds Complaints & Reviews

www.kapilchits.com
1
Updated: Mar 6, 2025
Complaints 1043
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58
Unresolved
985
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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Fixed deposit
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Not Paying my chit amount 1000000 last three months

Kapil Chit Funds reviews & complaints page 35

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P
Puvvada Jyothirmayi
from Hyderabad, Telangana
Jan 17, 2019
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chit amount not being released even after 6 months

Address: Hyderabad, Telangana, 500048

I didnt get my chit amount even after six months. I have drawn my chit in dilsukhnagar branch. I have been calling branch continuously initially they were giving dates and now they stopped lifting phone. I have called and informed the regional head madhusudhan reddy. He has said that my cheque will be issued today. Today he didn't lift the phone, he sent a message that he is in the meeting. Nobody is keeping their promise they are just prolonging...
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S
Shetty80
from Hyderabad, Telangana
Jan 14, 2019
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fjml07

Address: 500054

I have lifted my chit in month of november and agent promised i will get cheque by dec 23, after which agent do not lift any of my calls and later i visited office and he gives me lame excuses that it got delayed because of holidays. Do they really wait if we delay the amount. Today is jan 14 and still i idid not got amount deposited or cheque received. I talked to shapurnagar branch manager and he promised jan 7 at any cost without fail....
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J
juturu1982
from Manthani, Telangana
Jan 7, 2019
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chit amount not received even after 67 days

Address: Rangareddy, Andhra Pradesh, 500072
Website: www.kapilchits.com

My chit numbers are fkkl09f-36, fkkl09f-37. Almost 70 days back i withdraw one by giving surity of other. Kapil guys moosapet branch are irresponsible, my house owner got the same problem and he went to kphb branch and got regional manager number. After contacting him he got the cheque... I withdraw my chit on oct 30th. Till now no response. Collection guys called me day and night anytime for collecting money. But they are not available now...
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V
Vivekanand Yaram
from Bengaluru, Karnataka
Jan 6, 2019
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after completion of chit duration, they are deducting 5 % as a commission

Address: Sri Amarajeevi Potti Sri Ramulu Nellore, Andhra Pradesh, 524407

I m paying a 5l chit with kapil chit since 50 months. With this month chit is gonna complete 50 months and they has to release the money, now the manager is saying, they don't complete 5l to me as they are gonna deduct 5% as a commission which i haven't been notified while starting of the chit. Is that with every one? Or manager trying to cheat me?
Please help...
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P
pravgadd
from Bengaluru, Karnataka
Jan 5, 2019
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kapil chit funds not received the payment since 5 months

Address: Karimnagar, Andhra Pradesh, 505327
Website: www.kapilchits.com

Hi team

We hold chit from jagtial branch and not received my payment from july 2018. Auction date was july 2018. Its been more than 5 months waiting for money.

Everyday we are going to branch and asking manager abount the cheque he says no money and will give on some other day. I dont understand while you are running out money. Its very shame on your company by seeing these many bad reviews.

Kindly...
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VAASUDEV DORNALA
from Eluru, Andhra Pradesh
Jan 3, 2019
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chit amount not received, given cheque bounced

Address: 500070

Dear sir,
My chit auction was august 2018. Manager (Kishanbabu) promised me, chit amount should be paid within 45days. But he crossed the promise. Manager did not answer my calls and not proper replys. Nobody answered at the branch. Finally i got the cheque dated 31 dec2018. But the cheque bounced as a reason is insufficient funds. They are cheat me...
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V
venu kunaboina
from Palghat, Kerala
Dec 27, 2018
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not received the payment since 4 months

Address: Karimnagar, Andhra Pradesh, 505301

Sir
This is k. Venu from rajanna siricilla district i have a chit in siricilla 1 branch.
I have not received my payment still today
The auction date is 30th september
The manager named swamy gave me a cheque but it was not passed due to lake of money i. E the cheque was bounced. One of my friends adviced to file a cheque bounce case against company but i can't. Being a government employee and responsible citizen...
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D
Dhanamjaya Rao
from Visakhapatnam, Andhra Pradesh
Dec 24, 2018
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false promises & deficiency in services with the delayed payments.

Address: Hyderabad, Telangana
Website: www.consumercomplaints.in

Sir, we are holding a chit no. Fht11g-31 opened with kapil chits at abids branch, hyderabad, running for 50 months with rs.4000/- per month, commencing from 03/2015.
At the time of opening the chit, the manager promised to arrange the payment within 7 days time from the date of auction, if no collateral security is involved.
In view o[censored]rgent need of the amount, we have participated in bidding on 30.11.2018 and won for the...
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G
GovardhanReddy
from Chennai, Tamil Nadu
Dec 24, 2018
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we haven't received the amount for prized chit it's been 3 months already completed

Address: 500034
Website: m.govardhan@hotmail.com

Hi,

This is govardhan we are very valuable customers to the kapil chits and been with the same since 10 years but still we are very unhappy with the management regarding the amount of prized.

Don't know how managers and the agents were recruited through, all are illiterate and don't know the commonsense on how to approach the customers and behave.

We have lift the auctioned prized money of 5,...
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S
sankella
from Gudivada, Andhra Pradesh
Dec 20, 2018
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broken chit joining charges

Address: West Godavari, Andhra Pradesh, 534102

My name is sankella srinivas i joined in your tadepalligudem branch w. G. Dist, a. P. By taken broken chit in february 2018. My chit no. Isftdlo2j-13. At the time of joining chit balance was 1, 53, 824, and i am paying regularly every month monthly installments with out standing amount. By september 2018, iam coming to regular without any outstanding amount, but i was received a notice in this month that is iam pending some amount, iam asking...
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K
Kranthi Kiran
from Hyderabad, Telangana
Dec 18, 2018
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haven't received the amount for prized chit

Address: 500010

It has been more than 4 months i have not received the amount for the chit that was prized. No one from the branch or the regional office is bothered about this when notified. However, when it comes to diverting the funds to some other investment plans within the same organisation they does it within a week's time. Staff are not willing to take ownership. It is waste of investing time and money....
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S
Sindhu rr
from Hyderabad, Telangana
Dec 15, 2018
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waste of investing and no money guaranty

Address: Hyderabad, Andhra Pradesh

Worst chitfunds. Please do not invest here...
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S
Sindhu rr
from Hyderabad, Telangana
Dec 15, 2018
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worst chit funds

Address: 500079

Kapil chit funds is nothing but be*rs. They borrow money from customers but they never provide withdrawal cheque’s on time. All illiterate people work in that office. They don’t even know the calculations.

It is all mixed drama as to delay in providing money to customers.

I really suggest them to sit on temple steps to earn money instead of sitting in that worst office and cheating customers.
br...
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L
Liyaqatulla Hussaini
from Ongole, Andhra Pradesh
Dec 13, 2018
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prize amount 30 percent not given still today

Address: 509210

Good evening sir. I am meer liyaqatullah hussaini customer of your company from narayanpet dist mahabubnagar. Sir i left my chit in september 2018 i have taken 200000 but remaining 80000 still not given. I humbly request u give my remaining amount. I contact narayanpet branch but they r not respond to me and branch manager also not respond. My cell no:[protected]...
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R
ramu_g
from Chirala, Andhra Pradesh
Dec 13, 2018
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delay in prized amount of rs 1, 00, 000 / chit group no. fcht32f/20

Address: Prakasam, Andhra Pradesh, 523157
Website: www.kapilchits.com

Sir, i am g. Rambabu, one of the bidders in your company having chit in chirala branch, prakasam dist. Of a. P.. I am regular customer of kapil chits from dec / 2014 i placed a request for bid amount of rs.1, 00, 000 on 28/09/18 and submit the all documents for fl closing on next day and waiting for amount to receive. The branch manager was promised for 28th october because this is 45th bid out of 50bids. Since 1st october he said the amount...
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D
dilip kumar kolakaluri
from Hyderabad, Telangana
Dec 11, 2018
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they are not paying my money to me

Address: Krishna, Andhra Pradesh, 521211

I have lifted my chit in september 2018, my branch is nuzvid, this is 5 lakh chit, when i lifted this chit they said that we will half amount in 20 days, and remaining amount within one month, now manager is not answering to my call, manager name is sultan, even i have complained to rm, rm name is sateesh, after complained to rm, rm is also not answering to my calls, i sent my relatives to the branch always they are saying something else,...
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B
Bhojaraj200
from Mumbai, Maharashtra
Dec 7, 2018
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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...
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I
indorajesh2000
from Delhi, Delhi
Nov 30, 2018
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bid offer form not showing and minutes book running with basis

Address: 508116
Website: www.kapilchits.com

In bhongir branch kapil chitfund (Neaer to area hospital), as i am chit member, at the time of participation in chit bid, if i ask chit offer if ask they were not showing offer form and raising words on me, we dont have any rights to show the offer form to chit member, as they wish making enteries into minutes books.

If they shown also signature not validating with documents. Even if i ask also manager is not showing the minutes...
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I
indorajesh2000
from Delhi, Delhi
Nov 30, 2018
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offer bid is not showing, wish basis of running minutes book

Address: Nalgonda, Andhra Pradesh, 508116

In bhongir branch (Near area hospital) as manager is not showing the chit offer form and making as wish entries in chit minutes book, as if i ask he is shouting and telling that its managment will not show to any of them, is it fair enough as i am chit member i am responsibul for asking the offer form as per chit by law.

Such fraud company running as wish basis doing the things as wish basis as if am asking the chits registar...
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C
Chinna dr
from Khammam, Telangana
Nov 29, 2018
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service

Address: Srikakulam, Andhra Pradesh, 532221
Website: http;//www.kapilchits.com/contact.aspx

సార్, నా పేరు చిన్నవాడు కొంగరపు, శ్రీకాకుళం జిల్లా పలాస కాశిబుగ్గ బ్రాంచ్ లో FPLT52F-15 మరియు FPLT53F-19 రెండు చీట్స్ వేసాను. రెండు చీట్స్ పాడగా నాకు మే 1 వ తేదీకి చెక్ ఇస్తాను అన్నారు....
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