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Kapil Chit Funds Complaints & Reviews

www.kapilchits.com
1
Updated: Mar 6, 2025
Complaints 1043
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58
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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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18
Fixed deposit
16
Not received money
10
Not Paying my chit amount 1000000 last three months

Kapil Chit Funds reviews & complaints page 37

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S
sirishagudimella
from Nellore, Andhra Pradesh
Oct 21, 2018
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id: 2079214 is not solved till now.

Address: Sri Amarajeevi Potti Sri Ramulu Nellore, Andhra Pradesh, 524201

Dear sir,
Above mentioned complaint has not been resolved. I may be compelled to go to ncdrc.
I joined as a subscriber in kapil chits (Kosta) andhra pradesh at kavali branch with the monthly subscription of rs.10, 000 per month for 50 for 5 lac chit. My chit ticket no : fkvt24j-30. It is actually saved from my father salary for my sister’s marriage. My sister got married in april 2018. We tried to prize the chit for three...
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A
Avinash Suram
from Karimnagar, Telangana
Nov 1, 2018
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cheque not received

Address: Hyderabad, Telangana, 500032

Dear team,

I put 100000 chits on Kapil chits fund at Ameerpet branch total period 50 months I paid total month I lifted my 100, 000 chit on August 18th at Ameerpet branch Hyderabad, but the lift cheque not received till now I was ask Ameerpet branch manager he doesn't response my words, could you please issue my cheque immediately, Thanks.

Chit no: FAPT31F-10

Regards,
Avinash....
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M
Mahesh Ponnam
from Nagar Karnul, Telangana
Oct 19, 2018
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1 lakh chit - fraud by manager

Address: Khammam, Andhra Pradesh, 507002

Hi sir, i am nukala satish having 1 lakh chit in kapil chit funds. Zp branch khammam bearing ticket no. 35f-08, i have given cheque amount for rs 3500/- for 11th installment but my cheque amount was transferred to another ticket id :38f-08.

Till date i have requested branch manager to resolve issue to refund my cheque back to my ticket id but no response received from the manager even also several time discussion, and he is...
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N
Nellbala
from Khammam, Telangana
Oct 19, 2018
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kapil chit fund - not paying back money even after 5 months

Address: YSR, Andhra Pradesh, 516360

The kapil chit is not paying back money even after 5 months of applying (Preferred). The manager of proddatur branch, kadapa district a. P. Mr. Ramana and the rm are responding rudely. After multiple chasers they paid me 2 lakhs but they did not pay the remaining amount. I have purchased home recently and have commitment to pay the down payment urgently....
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K
Kirankapil
from Hyderabad, Telangana
Oct 17, 2018
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75 days over lifted chit amount not settled and for false promises

Address: Adilabad, Andhra Pradesh, 504215
Website: www.kapilchits.com

Chit value: 5 lakhs, chitno - flxt14j. Place: luxettipet, lifted on[protected], inspite of multiple reminders, there is no proper response from the branch to settle the amount, asked us to wait for 2 months we will pay with interest. Even after 2 months chit amount is not settled.in another 2 weeks we will cross 3 months from the time we lifted chit. Being an mnc in financial sector not sure, why the company is unable to pay the amount when...
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J
janu945
from Hyderabad, Telangana
Oct 17, 2018
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chit bidding amount not received

Address: Sri Amarajeevi Potti Sri Ramulu Nellore, Andhra Pradesh, 524101

Respected sir,
I have been member of your chits for 15 years every time i have been paying regular payments 17 months back i entered 10 lakh chit at time kapil agent, manager& rm has told me that four sureties with 35 thousand per month salary.2 months back i submitted all required documents as per previews word by 3 reposeful persons after 15 days rm & manager have told me that my application has been approved & within 2 weeks they...
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A
Anil764
Oct 16, 2018
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not received my chit amount

I have lifted my chit 4 months back, still i'm not able to get the money. My chit number is fght05p-7. Commencement dare is 30/05/2016. When i called to the branch manager he is not able to respond to us. Following is the chit fund address.
Kapil chits (Kakatiya) pvt ltd, regd. Off: 2-5-760, subedari, hanamkonda-1, phone:[protected].

Please take necessary actions on this....
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S
sarise venkata Rambabu
from Kolkata, West Bengal
Oct 15, 2018
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amount clearance issue

Address: East Godavari, Andhra Pradesh, 533001

I am YALLAPU GANESHWARA RAO, I auctioned on 29-May-2018 1Lakh chit fund at kapil chits east godavari, kakinada main road branch. I submitted all the required documents and proofs by June 25th 2018 to the branch employee named Ayyappa. But my amount is not sanctioned still now.. No one employee give proper response to me for this issue.
My Chit No: FKKT27F-20
NAME: Y.GANESWARA RAO
F/H/NAME: Y.VENKATESWARA RAO
ADDRESS:...
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H
Hem@
from Hyderabad, Telangana
Oct 9, 2018
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customer feedback on the worst service @ diamond point branch - old bowenpally

Address: Hyderabad, Telangana, 500015
Website: www.kapilchits.com

This is to bring to your notice on the pathetic services being provided at Kapils Chits Diamond point branch- old bowenpally

Branch manager is least bothered to give respect to customers and their commitments, he never picks up customer call and never responds to them. We have call min 100 times so that at least there is a chance for call back or will receive message saying he is busy. Most of the times he will switch off...
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G
GANGADHER KYADARI
from Thiruvananthapuram, Kerala
Oct 8, 2018
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non payment of chit above 45 days

Address: Adilabad, Andhra Pradesh

Iam k. Gangadhar my chit no. Fbht17j-6 in kapil chits private limited bhainsa branch nirmal -504103. This chit lifted on 27.06.2018 but till date not received check and payment the process is already completed on 20.08.2018 with all required documents and sureties. And the manager promised the check commencement date is 03.10.2018, but too let and un responsive that staff so please solve my problem and arrange my check immediately....
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R
RenukaDevi1963
from Hyderabad, Telangana
Oct 8, 2018
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complaint application against the branch manager (lb nagar), hastinapur branch, hyd.

Address: Hyderabad, Andhra Pradesh, 500068
Website: www.kapilchits.com

I ch. Renuka devi chakilam r/o nagole, hyd is filing a complaint petition against branch manager, kapil chits pvt ltd, hastinapur branch (Presently at lb nagar, hyd) regarding my fixed deposit. After completion of the maturity date i. E.., 7-sep-2018, we have requested the manager for refund of rupees 2, 00, 000 (Two lakh rupees) which is deposited on 7-sep-2017 bearing
Rc no - certificate no: pa/ks-secbad/g42/2017 dated 7-sep-2017.br...
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B
B R Reddy18
Oct 5, 2018
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harassment and unethical business

Address: Karimnagar, Andhra Pradesh, 505001

Dear all,

I think and strongly believe that there is one more big scam/fraud waiting to happened like sharada scam in west bengal, many small, medium scale investors invested in the chit funds are suffering a lot which required immediate attention from authorities.
I would request please intervene and investigate about the fraudulent business practices kapil chit fund is doing, i have suffered lot with the same chit...
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S
SRINIVASA CHARY BANDOJU
from Raia, Goa
Oct 4, 2018
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chit amount not disbursed. lifted on feb 2018

Address: Warangal, Andhra Pradesh

Iam bandoju srinivasa chary. I lifted
Chit amount one lakh. Lifted on feb 2018.
But yet not disbursed the amount.
Fjns 33f-25
Jangaon 1st branch.
Jangaon district.
The manager karnarkar and warangal regional manager shekar sir also prolonging the amount giving date.
Please take necessary action.
Thanking you sir
Yours sincerely
B. Srinivasa chary...
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R
Rittumeenu
from Kakinada, Andhra Pradesh
Oct 4, 2018
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non receiving the bid amount even after lapse of 7 months

Kapil chits (Kosta) pvt ltd, palasa branch
Chit reference no. Fplt07h-26
Name: l hari
Chit value:3, 00, 000=00

Sir,
I am successful bidder in the month of march-2018 under above chit reference cited and i have not yet received the amount so far even after completed 7 months. Branch manager and staff of the above branch not responding properly. Please instructed them to release my bid amount with...
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S
Sreekanth Rao
from Hyderabad, Telangana
Oct 2, 2018
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there is no holiday on sundays and public holidays for staff-bhel zone

Address: 500032

Dear Sir/Madam,

There is no holiday on sundays and public holidays for staff, my wife is working from past 21days (without holiday) and those attendance is not updated in the registers (To show they are following as per the govt/labour departments), If my wife will ask about holiday, they are ready to remove the her job, we are middle class families, need work husband and wife. Please do not reveal my family details and do...
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A
Arun_Knr
Oct 1, 2018
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kapil chits - chit lifted may'10 2018 - not paid till date (oct 1st 2018)

Address: Karimnagar, Andhra Pradesh, 505001
Website: www.kapilchits.com

I'm arun, resident of karimnagar, bearing chit fknt39f-18 in kapil chits, cvrn road branch..
I lifted the chit in the month of may'2018 for 86000 keeping personal commitments in view.

They failed to issue the cheque till now.. Close to 5 months..
One of the worst service i came across, manager never attends the phone, always gives tentative dates saying in 2-3 days your cheque will be provided.

I'm...
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R
rajendtababu
from Guntur, Andhra Pradesh
Oct 1, 2018
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prized bidder of ticket no 3p19 of subedari branch hnk

Website: www.kapil chits.in

Mychit fwst03p-19 was lifted on[protected] in the action no 47 and the chit papers were received into branch between 2-8-2018 but sri. G. Sagar bm subedari branch was not intimated to me untill[protected] and he has stated that the cheque will be arranged with in aweek. Even after receiving the cheque on[protected] till today the cheque was not issued to me. The branch manager is not responding. Even i said the abnormaldely iwill approch legally....
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M
mchari
from Bengaluru, Karnataka
Sep 24, 2018
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bid amount not paying from 5 months

Address: 502307

I am mahendra chari, from hyderabad ap, i have 3 chits with you in which i have lifted one for rs 86000/-, since from march to till date ashoknagar branch sec-bad rm (Mallesham, sv reddy your kapil chits company not paying me. And hoping your chits i have committed for my business it was huge loss for me your company is a responsible for that, if your company really care about your costumes, please take the actions.

Mahendra...
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S
sudhakarrao rao
from Bantval, Karnataka
Sep 22, 2018
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rouge behaviour of manager lokesh and ms manikyam

Address: 460057

The ever worst chit fund company is malik chit
My advise is not to participate in kapil chit of any branch. My mobile number is [protected]. Due tob the worst service and unbearable answers from md making an and branch managervlokesh. My money is not returned for discontinuation of chit. I am a 100%prompt payment maker since 10 years. My advice is any one who is subscribing please discontinue from this chit fund company. [protected]....
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E
Ediga Raghu
from Mirialguda, Telangana
Sep 19, 2018
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payment delayed

I had completed chit fhvt03g-49our last payment was in 29 august 2018. Still we haven't received our payment. We have been following up with the branch manager. And i see that people who tried to invest in kapil chits have same problem and struggling to get their hard earned money back. This is not fair. There is poor management and highly irresponsible fellows sitting in kapil office......
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