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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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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 40

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B
b.v. srinivasamurthy
from Bapatla, Andhra Pradesh
Jun 4, 2018
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non payment of deposit amount

Address: 522235

I am deposited an amount of rs.4, 50, 000/- (No. Lp/ram-gun/e32/2014) and rs.4, 50, 000/- (No. Lp/ram-gun/e33/2014) the maturity date is[protected]
I went to your office and talk to ch. Varaparasad, executive director of vijayawada branck but he is irregulor answer to me and also extra dialoges to me. Please remitance my amount urgently
Yours faithfully
Konjeti seetha maha lakshmi
Cell no [protected]
Email.:...
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R
Raghu Ram Ghatti
from Bengaluru, Karnataka
Jun 1, 2018
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not received the auctioned amount even after submitting the sureties

Address: Guntur, Andhra Pradesh, 522202

I am raghu ram ghatti, having chit in tenali branch,
I am awarded the chit in the month of march 2018 with the value of 12.4 lakhs approx.
The manager (Then manager along with present manger came to when i joined the chit) with consultation of the ro and his officers promised me to release the amount in 40 days after the bid.
Now its been more than 3 months and we haven't received the amount nor even it seems they are...
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K
K P SARAVANNAN
from Hyderabad, Telangana
May 31, 2018
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closed the chit but didn't receive my chit amount since 4 months

Address: 500073
Website: Kapil Chit Funds (Ameerpet Branch)

Hi kapil team,
Please look into the below matter: i had put a chit (Faps42f-5) of 1l in the ameerpet branch in year 2016, now as my chit is closing by june 2018, as some emergency came i raised my chit to close by feb 2018 (Emergency means-people will think it takes 4mnts of time?), but these ameerpet branch people already raised my chit amount in the month of sep/oct 2017, and adjusted my chit amount to some other person, but i...
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K
ketal Vyas
from Hyderabad, Telangana
May 24, 2018
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bloody fuckin chit I say

Address: 500021
Website: -

Chitti eshnnapdu cheppali custmr laki motam norms antha gudda balupu unty etlaaa that collection person says anna etla chepukunta pothe 3days iyna complete kavu. Eshey tapdu eyuuu eyuu antar cancl ki eh norms untaye ani chepara 16l chits eshna. Notlaa pedda modda pettinar naku inka modda kada bagupadtar meru thu... Me jathini dengaaa me notlo modda mandhi uchaaa nashanm ipotar ra areeee 4yrs kattukune capacity undii mosam chesii meru am bagupadtar...
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V
Vinod Reddy Pattepur
from Visakhapatnam, Andhra Pradesh
May 23, 2018
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delay in paying my chit value or prize amount

Address: 504101

My chit number fnrt08p-50, vinod reddy p, it is bring to your kind notice that i have completed all installment ie.50 numbers and i have lifted chit prized amount of 10 lakhs on month of february 2018 after paying all installments ie 50 numbers of installment and branch manager nitian reddy nirmal branch assured me to give me the cheque on march 1st week but he was failed and not responding to my phone calls rill today 23rd may 2018. This...
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V
Vinay Nakhate
from Bengaluru, Karnataka
May 18, 2018
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chit amount not received since more than 6 months .. chit instalments are finished

Address: Kurnool, Andhra Pradesh, 518301
Website: sdf

I am Vinay Nakhate, s/o Sri Nakhate Sudhindra Rao native of ADONI town of ANDHRA PRADESH completed chit installments. Manager Bheemeshwar rao is not giving the complete money, He has done part payment of only 2.3 lakhs. Whts problem, is it with Manager or Kapil chitfund ? Resolve this asap whosever problem it is. How can manager pay only part amount ? If I am paying instalments to you, if I pay part amount will you accept ? I thought its...
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C
Chandrakiran Kondraju
from Noida, Uttar Pradesh
May 16, 2018
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kapil chit funds delay in payment of prized money since last 5 months

Delay in paying my chit prized amount from last five and half months and not responding to my calls – Branch Manager, Himayat Nagar given open statement that they don't have sufficient funds and Company position is BAD due to non-collections – I am -Suffering from huge financial losses and mental tension for which leading my life miserable.
FHIT06P-05 Chit Value Rs.10, 00, 000/- in KAPIL CHITS, Himayatantngar Branch, Hyderabad...
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V
vvngrao1718
from Manuguru, Telangana
May 10, 2018
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delaying prize money

Address: Guntur, Andhra Pradesh

Not giving of prizemoney cheque since 3 months, even accepting of f. L months deductions. Not adequte reply. They take signs on empty promissory note by a. B. M. Limgaiah. I am going to take this problem to chit registror, cid, home & fiance ministries & media. If you are not solve in 3 days. Chit reference no. Fpns03f-16, bidding month feb - 2018 chit value. 1lakh. Paid months. 19...
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B
balasubrahmanyam kota
from Vijayawada, Andhra Pradesh
May 10, 2018
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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...
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K
kiran suru
from Hyderabad, Telangana
May 9, 2018
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not received the auctioned amount

Address: Hyderabad, Andhra Pradesh

This is kiran, i had chit in ghatkesar branch, i have lifted the chit in the month of january 2018 with the value of 2 lakhs they promised me to release the amount in 15 days, it's been 4 months but not received the amount yet, nobody is responding from the branch even branch manager mr sai kumar,

Branch manager saikumar number [protected]

My chit number is fgts01g-11

Kindly do the needful and...
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N
NarsimuluCH
from Gurgaon, Haryana
May 9, 2018
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non payment of auctioned amount at ghatkesar branch

Sir, i have auctioned kapil chit bearing no:fgtl02j-5 for the amount rs 5000/- at ghatkesar branch on 28.02.2018. So have to get rs 4, 53, 600 and 3 months interest. The branch manager mr sai reddy promised to pay amount on 20.04.2018 but he failed to pay till date. I have approched rm mr madhu sudhan reddy/ mr indira reddy but they are also promised to pay on 30.04.2018 and failed to pay. After 3.5 months also i have not received. My financial...
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S
Siva naik
from Narasaraopet, Andhra Pradesh
May 9, 2018
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delayed in receiving chit amount

N. Siva naik
I am holding an chit no: fkat30-j-48 at hyderabad ashok nagar branch. I raised my chit in the month of jan-2018 for an amount of rs. 5, 00, 000 /-i submitted all the surities and till now i did not receive any amount or there is no response from the branch manager. It is almost 120 days after claiming my amount.
Hence i request you to pay the entire chit amount as early as possible
Thanking you...
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B
Boya Priyanka
from Hyderabad, Telangana
May 7, 2018
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chit lifted in february but amount not received

Address: Guntur, Andhra Pradesh, 522426

My chit is at macherla branch and lifted in the month of february. Documentation completed in first week of march. They told that i will get money by march 15. Still i didn't get my money. Everday they are saying tomorrow. Tomorrow again they are saying something. Kindly help me. Head ofice people and registered office people are not responding. Manager is very careless. He is talking rude. I warned him i will complaint but he simply told...
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L
long live Bayya
from Hyderabad, Telangana
May 6, 2018
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very late response on returning the cash after lifting the chit

Address: Hyderabad, Andhra Pradesh, 500013
Website: www.kapilchits.com/Default.aspx

I have a chit account in boduppal branch. The manager name is amarender, i have lifted my chit 42 days back. They have forced me to deposit the half of chit value in the kapil chit funds so that they will give the cheque in 15 days of time. And i have been calling the manager and staff everyday but every day they are saying some or other reason. If a branch cant give 20 lakhs chit why are they are running the compnay. Just to suck our blood....
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A
Aravind Kannamreddy
from Gudivada, Andhra Pradesh
May 3, 2018
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raised the chit: fagt02h-10: (100 days) submitted surities:no response till to date

Address: Krishna, Andhra Pradesh, 521121

Respected sir/madam,

I am holding an chit no: fagt02h-10 at avanigadda branch of krishna dt. I am a prized subscriber. I raised my chit in the month of jan-2018 for an amount of rs. 2, 40, 000 /-i submitted all the surities and till now i did not receive any amount or there is no response from the branch manager. It is almost 100 days after claiming my amount.
I written a letter to the branch manager asking him to cancel...
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R
Raghukumarj10
from Chandur, Telangana
May 3, 2018
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chit lifted on 29th november 2017, but amount hasn't been credited

My wife Gajjala Anitha is having chit of Rs.5, 00, 000 /- in Madikonda branch which is located in Kazipet, Warangal. Chit is lifted on 29th November 2017, all formalities of documentation completed in January 2018. Branch also received cheque of awarded amount on 10th April 2018 after following up more than 20times. But Manager is not credited cheque to my wife's account. He is saying that there are no funds. We are vexed with him. Please...
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M
Murakonda Ram Chowdary
from Sathupalli, Telangana
Apr 29, 2018
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kapil chits fraud

Address: Guntur, Andhra Pradesh, 522002

My wife holding the chit account no fgtt06p-3 in kapil chits in guntur arundulpet branch since 25 months and have been paying all the installments on time. My wife chit was lifted the 30 december 2017 i am completed all the required documents but the kapil chits representatives have not completed the process on time and asking for two more suruty totally they asked 6 suretys and 2 lacks liquid cash surety and five blank checks this all fraud...
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M
Manku Sanyasirao
from Visakhapatnam, Andhra Pradesh
Apr 28, 2018
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chit amount delay of 4 months

Address: Vizianagaram, Andhra Pradesh
Website: nil

Sir,
I manku sanyasirao with fppt18h-20 as my chit number, chit value -3, 00, 000/-, installments -50 in parvathipuram kapil chits (Kosta) branch, vizianagaram (Dt), a. P, india. I participated in the auction held on dt 29.11.2017 prized subscriber against our bid offer for rs.53, 000/- i submitted all my sureties and guarantees that as demanded by the kapil chits manager in the month of 12/2017 to draw the prized amount. The manager...
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H
hafizcarz
from Hyderabad, Telangana
Apr 28, 2018
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delay of chit payment

Address: 500044
Website: kapil chits

I am a kapil chit fund shankarmat branch old customer and my issue is from branch manager mr. Venkat ramulu and zonal manager mr. Ranga reddy are delaying to pay my chit amount from last 2 months and not responding my calls, and they have given open statement that they don't have funds, they are many people are suffering from same issues.

Kindly do the needful.

Thank you.....
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C
chanda.santhosh Kumar
from Hyderabad, Telangana
Apr 27, 2018
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charging unnecessary amount..

Address: Karimnagar, Andhra Pradesh, 500037
Website: www.kapilchits.com

I don't know what is the issue with kapil chit charging unnecessary amount i have paid 1, 30000 but they have updated 1, 13000
and once more i have paid 50000 but they have updated 34, 000
the managers are very irresponsible and uneducated fools using bad words on customers and when i have prized they have given an amount after 2 months....
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