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Kapil Chit Funds Complaints & Reviews

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Updated: Mar 6, 2025
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Kapil Chit Funds reviews & complaints page 38

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P
psuri0
from Rajampet, Andhra Pradesh
Sep 18, 2018
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unethical behavior

Address: YSR, Andhra Pradesh, 516115

P. Surendra
Chit reference no-fkpt41f37
Chit value-100000
Starting date-aug2013
Ending date-july2017

Problem - i have to receive advance (Security) amount 1780 (Approximate) after completion of the chip

But i did not receive any call about this, even i consult them for this amount they were not giving proper guideline and processor

5 month before of this month i signed...
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U
Um Rani
from Bengaluru, Karnataka
Sep 18, 2018
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we are not getting the chit amount back on completing the payment for 50 installation

We have completed our chit fant43f-26. Our last payment was in 01-jun-2018. Still we haven't received our payment. We have been following up with the branch manager for months long but he is such a irresponsible manager i have ever seen. 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...
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J
Jsraj
from Khammam, Telangana
Sep 16, 2018
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delay auction amount

Address: Srikakulam, Andhra Pradesh

Respected sir...
I have a chit ref no_flpt 07h_[protected]/_) in your kasibugga palasa branch.. Auction was confirmed to me on 28/06/2018 and all verification process completed on 11/07/2018... Buy today onwards the auction amount not paid me. When i asked branch members they are talking reckless.
So i request you sir please solve my problem as early as possible.
Thanking u sir......
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S
sirishagudimella
from Nellore, Andhra Pradesh
Sep 16, 2018
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prized chit amount is not paid even after furnishing sufficient security

Address: Sri Amarajeevi Potti Sri Ramulu Nellore, Andhra Pradesh, 524201
Website: CONSUMER COMPLAINTS

My name is g. Nagasai sirisha 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. We prized the chit for discount rs.63000 in june2018. So we had to get the amount of rs.4, 37, 000. But we requested the manager to deduct the future subscriptions and pay the remaining amount. They agreed and took my signatures,...
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R
Rajubhist
from Noida, Uttar Pradesh
Sep 13, 2018
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fraud company

Address: Karimganj, Assam, 110044

This is a looting company my total chit amount i paid is 2lac... After that they have not responded my calls neither emails then... After so much harrasment and time loss and others help i recvd 1.50lac but still 50k is left. Still i will not leave this company i need i m complete amou t asap... Contact me so that we can fight together.
Email: [protected]@gmail.com...
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L
lav varma
from Hyderabad, Telangana
Sep 11, 2018
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kapil chit fund pay order bounce from bank , since a month

Hi, '

January - we have decided to bid for amount.

April - got the chance to bid and it is done at the loss of rs 1l+ amount (A very well tricky game played by company)

May - took bid receipt after 2 weeks (Company delay)

@ it's time to submit sureties. Omg i will never ever want ti hear about sureties again

May — we submitted all sureties

@ now...
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J
johnubfl
from Mirialguda, Telangana
Sep 11, 2018
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chit auction amount not received

Address: East Godavari, Andhra Pradesh

Chit reference : frcpt23f/8
Chit value : 1, 00, 000/-
Monthly subscription: 2000/-
Period : 50 months
Name : penke rajesh

With reference to the above chit reference no. We have auctioned our amount on september 2017 but till now our auction amount is not received, after several followups with different persons like executive, manager, rm & etc. No one is responding. Almost a year completed but still...
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A
anilonrocks123
from Paloncha, Telangana
Sep 11, 2018
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payment taken by collection boys but not giving receipts

Address: Medak, Andhra Pradesh, 502001

Dear sir,
I have paid 1, 12, 000/- on july 31st 2018, towards my brother chit which is went to legal case, they have given receipts for 70, 000 only but not given receipt for 42, 000/- which is paid through online to direct company bank account. I have all proofs of transactions which i paid to them from last 40 days they are not responding to my calls & no reply from their end.
Please do the needful....
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Rajesh Marri
from Buldana, Maharashtra
Sep 8, 2018
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chit installment paid but not reflecting in my account

Address: 500062

This is to bring your kind notice that i rajesh pandit chit member in kphb branch under fkpl20g-24 group since from starting i have face lot of problem while taking my bid amount now issue i have paid 37 month installment through kphb branch act bearing no a/c [protected] ifsc lavb0000373 on[protected] but still 37th installment showing my account so, i have to kapil collection executive to rectify but instead of rectify i got route answer...
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N
Nikhil Kapilavayi
from Vijayawada, Andhra Pradesh
Sep 1, 2018
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non receipt of bid amount, chit reference no : fvjm08h-10

Address: Krishna, Andhra Pradesh, 520013

To
Kapil chits (Kosta) private limited, vijayawada
Chit reference no : fvjm08h-10
Chit value : 3, 00, 000
I am a successful bidder in month of january 2018 under chit reference cited and i have not yet received bid amount so far even after lapse of eight months and it is a pity thing that neither director nor staff were responding so far. Hence question of integrity of the firm arises and i am requesting the competent...
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N
niks1996
from Anantapur, Andhra Pradesh
Aug 31, 2018
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chit amount not received after lifting on april 2018

Address: Hyderabad, Telangana

I P Samanth kumar lifted the chit of Rs.10, 00, 000/- in the month of April 2018 documentation was completed on 15.5.2018 since then they are not paying the amount they said they will pay on 25.07.2018 but they have not paid again they postponed to 10.8.2018 when I went to their office to collect the cheque again they have postponed the date and inform me to collect the cheque on 28.8.2018 again I went on that date again they have defaulted...
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M
Md Sadik
from Bhimunipatnam, Andhra Pradesh
Aug 30, 2018
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no proper response, customer care not responding

Address: 506169

I am the member of kapil chit, bhupalpally branch, name : allisaheb,

chit num: FBPT30J-9, phone no.[protected], [protected]

I have paid August month installment through card payment in the branch, I also registered online at that time,

Now that paid amount is showing as uncleared amount, my September month installment came, my total amount of due is now august + September with penalty for not paying...
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Prashanth Kumar Keshoju
from Hyderabad, Telangana
Aug 28, 2018
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2, 00, 000 lakhs amount with interest not deposited in my account

Address: Nalgonda, Andhra Pradesh
Website: prashanth.keshoju@gmail.com

Dear sir,
My name is prashanth kumar chit id: fbgt01s-21,
I am running 20.00.00 in kosta (Bhongir branch), i had participated in action and took bit amount with securityes on 4-3-2017. At that time, your person hold 2, 00, 000 in the name of "advance purchase o[censored]ndivided share in plot of land" with interest for 1 year. On[protected] year was fineshed but not got my money with interest. This looks like branch fault and laziness,...
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sanjeevkumar easarapu
from Hyderabad, Telangana
Aug 28, 2018
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payment not received after 60 days

Address: Hyderabad, Andhra Pradesh, 500036
Website: easarapusanjeevkumar@gmail.com

Sir,
After 60 days completion also payment not received from kapil chit fund dilsukhnagar, hyderabad branch. They are extending a week for every time. Branch manager hanumanth rao not responding at all 3 lakh chit have lifted on 27 th june 2018 of manchala sujatha (My spouse). Plz make them to pay.in our site on 13th august i raised complaint but till date no response as they are extending for week

Thanks & regardsbr...
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bhimarajuskumar
from Hyderabad, Telangana
Aug 28, 2018
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fnpt12j/20 auction completed on 30th march 2018- but not yet paid the amount.

Address: Visakhapatnam, Andhra Pradesh, 531116
Website: kapilchitfund.com

Dear respected sir,

The situation and clearing fund is very poorest of the poor of kapil chits (Kosta) pvt ltd in narsipatnam branch of visakhapatnam district.
My chit details are
Chit group fnpt12j/20 auction done on 30th march 2018.
Chit value 5, 00, 000/-
Auction discount 75500/-
They have paid me 184165 (July15th, 2018) upon continuous arguments and requests with agm and brm it"s very...
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H
hemanthvasa
from Khammam, Telangana
Aug 22, 2018
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chit lifted in february 2018 not received amount.

Address: Hyderabad, Andhra Pradesh
Website: kapilgroup.com

I am customer of eluru branch, lifted my chit in february 2018 with 1lakh loss. Till this point didn't receive my amount. The bank manager, and his next level officials are also not responding. They always give some date. Days are passing but didn't receive the amount. I went to kapil towers, hyderabad even they are not reaponding. Even the customer care numbers not working. Even i sent message using their kapilgrop. Didn't receive any response....
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K
Kranthidutt
from Nellore, Andhra Pradesh
Aug 21, 2018
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denied to sanction loan because we didn't give bribe

Address: Medak, Andhra Pradesh, 502110

I Mr.Kranhi, My father went to kapil chits Medak branch regarding ltoan excavator with all the aorovd documents they said that they are ready to provide the LOAN of 7 lakhs and taken 45 thousand rupees ffrom us as charge .Later at the time of issung the cheque to us the branch Manager Santosh Kumar, and the agent Rajender asked us to give the money of 20 thousand bribe to give the cheque .
So, tell me what do we require to pay you to...
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B Bhavani
from Hyderabad, Telangana
Aug 21, 2018
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payment not received in himayat nagar branch of chit fhiso 5j-21

Address: 500011

Dear Sir

I am Bhavani from Sai Prints Packss having chit of Rs 5 Lakhs in your Himayat Nagar Branch Lifted Last month i.e. 24 th month of the chit, after calling so many times to your Branch Manager and he even sended his person for Sign also, every day when we call him he will say that he is sending his person today but no one will come.

I think he is most Irresponsible person of all branches you have, I think...
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sanjeevkumar easarapu
from Hyderabad, Telangana
Aug 13, 2018
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not issuing the cheque after 45 days also

Address: Hyderabad, Telangana, 500035
Website: easarapusanjeevkumae@gmail.com

In dilsukhnagar branch, hyderabad kapil chit funds not issueing the cheque after 45 days grace period which we commit for other payments. With this long period we didn't get any interest too we the customer loosing the interest which paying outside hand loan interest. This people (Kapil chit fund management) are giving false commitment to customers. E sanjeev kumar spouse of manchala sujatha...
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sureshbabukolanu
from Guntur, Andhra Pradesh
Aug 10, 2018
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chit lift and delay of deposit

Address: 500074
Website: www.kapilchits.com

Dear Sir / Madam,

I am a customer of Dilshukh Nagar branch 2 from last 12 years and have many chits. I have been servicing with very bad experience from last 9 months by branch manager. The biggest challenge is that I lifted one chit in Sept 2017 to deposit the same for 1 year in Kapil chits. Kapil chits executives have deposited the chit very late after 9 months in March-2018 for 3 years where it should be for 1 year. I escalated...
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