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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 41

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S
SeemaSuresh
from Bengaluru, Karnataka
Apr 21, 2018
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bhupalapalii chit number fblt04p-21

Website: www.kapilchits.com

Hi,

I am suresh seema, from last 3.6 years paying 10 lacks subscription.
Monthly paying avg of 17k per month. 3 months back i planed to took the money so i went to chat and i won on jan month. After that they ask for 4 govt govt months security and they have asked the my 3 years it documents.
But till money around 8 lacks 26 thousands has to be deposited in my account.
But there is no response from managers,...
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S
shanthy6
from Khammam, Telangana
Apr 20, 2018
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regarding the delay in release of check

Address: Srikakulam, Andhra Pradesh

Name: gullipalli krishna, chit no: fskt05p-6, auction date: 28/02/2018, chit value:10 lakhs. For the above chit number surities have been submitted and verification already over long back. But still check is not released even though everything is submitted. Branch office: srikakulam. Kindly release the amount at the earliest as i am in very much need for my sister's marriage....
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R
Raghu04
from Hyderabad, Telangana
Apr 20, 2018
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auction amount not received getting late

Address: Mahbubnagar, Andhra Pradesh, 509103

I have provided all documents including 3 witness documents but amount not credited. Since 3 months i have been following. I paid amount in wanaparthy branch. I am keep on fallowing with them but they are saying different reasons not sure why they are saying like this. They are saying that issue with the witness provided by me this witness went to legal as he has given witness earlier to some one when i checked with them they cleared every...
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D
Dema laxman rao
from Hyderabad, Telangana
Apr 18, 2018
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prize amount not received since more than 75 days

Address: 500036

I d laxman rao have lifted the chit on 29th of january the bid in respect of my chits no. Fbtt03j-44. Begumpet branch but still the bid amount is not paid till now. And mr venkatesh reddy telling today and tomorrow since more than 75 days. I have recorded and i[censored] want i will send all conversations with branch manager vekateswar reddy (U will know better how many dates they postponed)

With utmost trust we have chosen the kapil...
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S
saihary345
Apr 18, 2018
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payment not received from the company

Address: Visakhapatnam, Andhra Pradesh, 531001

Respected sir/madam,
I faced this issue in "kapil chit funds pvt. Ltd 12-4-2 mm complex,
531001, anakapalli, visakhapatanam, andhrapradesh"
This is kappiri someswara rao one of the customer at your kapil chit funds. I use to have very good relation with kapil chits since 2011. But unfortunately i lost my belief on it due to the issue that i'm facing now with kapil chits branch at my locality. I had a paid for 5, 00,...
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starwinxx
from Visakhapatnam, Andhra Pradesh
Apr 16, 2018
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non receipt of chit fund amount

Address: Visakhapatnam, Andhra Pradesh, 530016

Chit No GHWT11J-46 in the name of D Srinivasa Rao
Auctioned in the month of Dec 2107 So far amount not paid even after numerous calls telephone requests
The Branch manager Gajuwaka misleading by saying I will pay tomorrow today bank holiday I have not gone to bank, I am not in Office.
Also He has directed Rs. 119260 from earlier chit without my permission and opened 2 chits without any application
in this regard...
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S
shasant shashi
from Manuguru, Telangana
Apr 14, 2018
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not paying chit amount in bank. ref num: fmgs01f-14

Address: 500047

It is bring to your kind notice that iam having a chit in your company and it bidded on 02 march 18 and branch manager praveen reddy marredpally branch assured me to give the cheque on 2nd april but he was failed and not responding to my phone call. This was taken to the notice of regional manager sampath reddy and he assured me at any cost he will handover cheque by 11th april 18 still now both are not responding to my phone calls and avoiding...
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Kiran Kumar Nagalla
from Bengaluru, Karnataka
Apr 12, 2018
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not giving chit amount, chit lifted in dec 20th 2017

Address: Nalgonda, Andhra Pradesh, 508206

Hi sir,

I have lifted kapil chit in kodad branch (Nalgonda dt) on 20th december 2017, its been near to 4months now, i have submitted all the sureties as well but the amount is not given. Several times i visited to the branch and tried to call the branch manager (Kushal reddy) regarding my amount. But they are telling me cock and bull stories. First of all he is not eligible to be a manager. Because he should have minimum responsibility...
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K
Kkrishnakishore
from Mavelikara, Kerala
Apr 12, 2018
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not giving the chit amount after lifting

Address: Hyderabad, Andhra Pradesh

Hi,

I have lifted the 10lakhs value chit in 34th (40) months and i was promised by the branch manager to provide the money in a week if i take a new chit with them. I have taken 2 more chits.. But it's been almost 45 days, but still they're not giving the money. I'm visiting the panjagutta branch almost daily for the last 10 days, but they're daily asking me to come next day to collect the cheque but not giving it.
br...
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S
sangeethamvenu
from Vikarabad, Telangana
Apr 12, 2018
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not returning of my original cheques even after completion of chits

Address: 501101

Sir, during lifting of chit amount the kapil chits, vikarabad people has obtained total 08 empty cheques for 02 chits, total payment was done chit was closed at about 01 year back, several times i have visited the kapil chit funds, vikarabad and asked for my cheques but they not responding properly. I requested to please immeditely return my empty cheques, if so not i am going to lodge a complaint against the branch manager, vikarabad. My...
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H
harinath thadagonda
from Rayachoti, Andhra Pradesh
Apr 10, 2018
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fct07g t.harinath

Address: 505001

Naa peru thadagonda harinath nenu karimnagar gandhi road branchlo 28/01/2018 rojuna chit lift chesanu enthavaraku naku chit payment evvaledhu last month nenu registrar chits. Lo complaint chesthanu ante manager 6/4/2018 rojuna payment esthamu annadu enthavaraku malli payment evvaledhu phonelo response ledhu naa chit no. Fct07g nenu chit payment kooda march varaku pay chesanu nenu repu police commissioner gariki mariyu registrar chits gariki...
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nimmagadda shanmukhachari
from Gudivada, Andhra Pradesh
Apr 6, 2018
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non-payment of kapil chit fund cheques in stipulated time

Address: 520010

Worst chit fund company is kapil chit fund pvt limited. They are not giving cheques for the lifted chits for about 6 months. There is no control by the upper authorities, the branch managers are behaving like cheaters and using abused language. They are taking the money from the company and using for their personal use. Some bm are revolving the money for interest. The management has no control at all for the branches. I think this company...
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J
Janardhanarao Kuna
from Hyderabad, Telangana
Mar 26, 2018
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lifted chit amount not releasing and no response giving my chit amount

Address: Hyderabad, Andhra Pradesh

Hi sir/madam,
This is k. Janardhanarao.
I am a kapil chit customer of 5lakh group in palasa branch, srikakulam dist, a. P. My chit id:fplt011j-46. I lifted my chit in the month of november, 2017 and completed all document procedure by last week of dec, 2017. Since then following up them for the amount but still today not received the amount.
They are automatically deducting chit amount for every month from lifted amount....
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S
Shekhar Chandhra Nijampatnam
from Manuguru, Telangana
Mar 26, 2018
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not regulate chit ac.

Website: google

Respected sir/madam,
This is bring to your kind notice again (I submitted complaint by hand at kushaiguda br. Mng.) complaint against shri. Laxmi narayana sum of rs. 18000/ not paid in the br. And shri. Kala prasad sum of rs.60000/ not paid in the branch representing from kapil chits, and matter submitted to manager a cause of above persons money was not credited to my chit ac. (No. Fkut15j-37) and notices were sent, which was up...
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Y
Yugi_p
from Hyderabad, Telangana
Mar 21, 2018
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chit amount not releasing and no response giving for my chit amount

Address: 500089

Hi sir,

I joined in 5lac group of kapil chit fund, of westmared pally branch, secunderabad.

I lifted chit in month of nov 2017 and completed all documents procedure by 1st week februar.

Now i started following up them for amount but still today not received amout.

They are automatically deducting chit amount for every month from lifed amount but when ask for my cheque they told...
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R
Ramesh.mudham
from Paloncha, Telangana
Mar 16, 2018
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delay in release of chit payment

Address: 506343
Website: www.kapilchits.com

Hi
I rajesh have chit in kapil chits on the name of my father are. Shakaraiah.
I been awarded the chit in bidding held on 20th january.
Since then i've asked for suriety of 2 govt and 2 private.
I've submitted the docs of the surieties along with my docs, that means i've submitted 5surietues.
Though i've submitted more docs than said now the kapil chits is asking for 3 yes form 16 of pvt. Employes.
But...
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S
satyavarapu srinivasa rao
from Hyderabad, Telangana
Mar 15, 2018
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chit amount not received from 5 months

Address: East Godavari, Andhra Pradesh, 533401

In tuni branch chitno ftut05h — 48 was prized amount have to be received 280000 in the month of november 2917. It
Was not received till date bm given written letter for payment date 15/12/2017. Letter attached with this complainant. Solve our problem as early as possible. Due to this problem operation was postponed. Rm sir madan is not taken any action and given wrong committments along with bm sir....
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B
BUCHI REDDY POREDDI
from Mumbai, Maharashtra
Mar 12, 2018
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amount not paid after maturity of chit.

Address: 506169

I am subscriber of kapil chitfund. Chit reference no. Is fbpt21j - 36, commencement date - 27/01/2014, chit value - rs.5, 00, 000/- monthly subscription - 10, 000/- period - 50 months. This chit is completed on 27/02/2018. Iam the last member to receive the amount. They did not paid total amount at once. But the chitfund company has paid an amount of rs. 2, 11, 319/- on 07/03/2018. They are doing delay to pay the remaining amount....
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C
chandra rabbit
from Nellore, Andhra Pradesh
Mar 7, 2018
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non submission of lic surety bond

My chit fgts15f/3 have prized on 30/12/14 and given lic bond security chit has succesfully completed. My polocy no is[protected]. From more than two years of completion chilakaluripeta branch yet not submitted my lic bond. Manager were 2or more members transferred. Any person doesnot respond in chilakaluripeta kapilchits. They said they are unknown this matter....
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I
Irakam Munikumar
from Nellore, Andhra Pradesh
Mar 2, 2018
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settlement of chit amount

Sir,
I have a subscription in your esteemed chit fund company in sri kalakashathi branch for the past 7 years. I have paid all the installments of subscription and the chit group has completed on november 2017. I have completed all the formalities for settlement claim of chit amount. I have been revolving around the office for months but in vain the amount is not settled to to me. My details are as follows:
Chit no:fsht12f-13br...
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