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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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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 45

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S
suman -
from Yarada, Andhra Pradesh
Sep 26, 2017
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not clearing sufficiently

Address: 508203

Sir recently i planned to start my savings in kapil chits one of the company person suggested me to take a 10lac plan and i agreed for that and paid an amount of rupees 20000/- to entered into that chit group but they didn't start this group for about three months then again i asked why you are making problem to customer then they suggest me to take an existing chit plan which is running 5 lac group then i compramised and taken to 2 chits...
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Govindarajulu Vagathur
from Hyderabad, Telangana
Sep 24, 2017
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non payment of chit fund

Website: www.kapiltowers.com

I am v. Govindarajulu, advocate, kasimitta, narayanavaram, ctr. Dist. I am subscriber in your chit company bearing chit number'fsvt 03p'ticket number-21 at tirpathi branch, chittoor, 2nd floor thirumala, byepass road, korlagunta, tirupathi. I have praised on 28/6/2017. Very next week i have submitted all my documents. I. E 4 first class employees surity. Several demands made by me. After 2 months your company has verified the stories even...
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B
Bobba annapurna
from Manuguru, Telangana
Sep 23, 2017
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non payment of chit fund bid amount for fvwt04h37

Address: Krishna, Andhra Pradesh

My name is bobba annapurna and the prized bidder of fvwt04h/37 in july 2017 in vijayawada one town and all papers submitted on august 2017 with the surety of two members working as sr manager and chief manager in andhrabank and oriental bank of com they are my son and daughter and my daughter is having 3 chits valued 11 lacs which are not unbidden i am having 3 chits my complaint is your people is not paying the prized bid amount even after...
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S
Satyan p
from Avanigadda, Andhra Pradesh
Sep 19, 2017
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non payment of prized chit amount

Address: 521324

(Fbs25f-19) of 1 lakh chit in kapil chits kosta pvt. Limited, machilipatnam branch, krishna, andhra pradesh and i have won the auction on 04-2017. During the verification i agreed for deduction of my future instalments (8x4000=32000/-) from my prized amount. I have not received the prized amount till today... Delay in giving chit amount
Behaviour of the staff of kapil chits... When customer giving complaints to head office the kapil...
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B
Buggineni Sydulu
from Hyderabad, Telangana
Sep 9, 2017
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withdrawal of my surety

Address: Khammam, Andhra Pradesh, 507002

I buggineni sydulu, s/o kondaiah, sa (English) ups, manikyaram, yellandu mandal, bhadradri dist. Today i am signed on the verification form of bujangreddy for his 10 lack chit in khammam station road branch. I am already signed to b. Lakshmi, chit no. Fkhto8g-47 in such branch. I am already paid to rs.30200 touco bank khammam to ward's my housing loan. So please cancel my surety in khammam station road branch as early as possible. Thanking...
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C
CHAUDARYS DOT NET
from Hyderabad, Telangana
Sep 9, 2017
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deduction of tds interest without prior intimation

I Velaga Venkata Subbamma aged 75 yrs has invested a sum of Rs. 8, 00, 000/- in Ramya Constructions on 01 Jul 2014 for a period of 4 yrs with drawing monthly interest of 9334/-. on 08 sep 17 a sum of Rs.934 has been deducted as TDS out of monthly interest with out prior intimation. neither your Vijayawada office bearers Mr. pavan [protected] and Mrs Radha [protected] are very much rude, reluctant and do not have sense &courtesy to deal the...
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T
Telidevara Subbarao
from Amalapuram, Andhra Pradesh
Sep 9, 2017
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chit no. frcpt05j-30 lying with kapil chit funds, ramachandrapuram, e. g. dist.533255 not paid

Website: www.kapilchits.com

Sir, my name is telidevara subbarao, living in ramachandrapuram. I started a chit value rs.5, 00, 000 (Rupees five lakhs) with kapil chits, ramachandrapuram branch, east godavari district, 533255 with chit no. Frcpt05j-30 and i paid all the installments in time and i waited till the last. The chit was closed in the month of may, 2017 but so far it is september, 2017 but i have not received my chit amount. They have taken my signatures on...
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V
Veera Prathap Polisetti
Sep 7, 2017
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not received funds after picking the chit even after 3 months

Address: Mahbubnagar, Andhra Pradesh, 509125
Website: www.kapilchits.com

I'm Veera from Germany,
Kapil Chit Funds services are completely fake, I took one chit from Gadwal (A.P.).
Chit Number : FGWT12J-2.
Picked chit on May 2017, even after completion of 3 months manager (Venkatramulu) is not responding. Always he texts like in meeting, will never pick calls if some asks regularly.

I'm planning to put a case against to your Chits as Cheating NRI's.

I hope Kapil...
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V
Vishal Alladi
from Hyderabad, Telangana
Sep 6, 2017
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chit amount not released even after 2 months of chit bidding even after many follow ups

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

Hi team,

I have 3 chits with kapil chits and i have bidded for 2 chits 1 chit is 5 lakhs and other chit 2 lakhs, as i am in need of money to purchase a flat.
I have bid for 5 lakhs chit on 29th june 2017 and i have bid for 2 lakhs chit on 29 august 2017.

I have submitted all the needed documents for getting the amount on august 12 and given all 3 surity signatures and documents and on 28th august i have...
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D
Dr Vinay Chandrashekar
from Mumbai, Maharashtra
Aug 29, 2017
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non payment, fraud company

Address: 560062

I don't know whether anyone looks into these complaints. This is almost fifth time i am complaining about kapil chit funds for non payment. I have even mentioned the persons involved in big money laundering racket. So far i have not heard anything from company people. It's almost three years now. No one seems to take any responsibility. Pl look into it on priority. Each time i register a complaint i get e mail saying thank you for rising...
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D
Dr Vinay Chandrashekar
from Mumbai, Maharashtra
Aug 25, 2017
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non payment despite several complaints

I have been complaining since three years. U can still see my complaints just in the complaint box. What worries me is neither the company representatives who are supposed to sought out online complaints have called me nor anyone from the company bothered to sought out the matter. It is a big fraud company which is involved in money laundering.
Mr dayanand so called incharge of company never pics my phone and never he has personally...
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V
Venusmiles Venugopal
from Mumbai, Maharashtra
Aug 23, 2017
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irresponsible answers from kapil chit branch manager - nandikotkur, kurnool dist

Address: 518401

Dear team,

Not sure this complaint box have weightage or not, however i am writing this after tired to reach above mentioned numbers.

This is regarding my chit (Co: fnkt03j-45) in kapil chit nandikotkur, i gave 10, 000 inr cheque to kapil executive against pending payables, it's been 3 months now amount deducted from my account and still kapil team is showing as dues. Despite many follow-ups and calls i am still...
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C
csuni2005
from Hyderabad, Telangana
Aug 22, 2017
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chit amount is not received

Address: Hyderabad, Andhra Pradesh, 500090
Website: Kapil chits

Dear sir,
Iam suneetha existing customer of you chit company. Against chit fkpl33f-33 has been raised in june and i submit total documents with surities signature everything fulfilled but till date didn't get money how many times i called to your employee and my agent mr. Anjaneyulu ph. No:[protected]/[protected] is not responding properly. If i call so many times once in a while pickup the call and saying that in meeting at least no...
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M
muneendrakumar sanchi1991
from Nidadavole, Andhra Pradesh
Aug 21, 2017
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na kapil chit manager misuse chasaru

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

My name is muneendrakumar i have five lakh chit kapil chit in gudur 2 branch with my permisson na chit misuse by the manager if iam ask mean they is no proper responce for customer and i have complaint ti rm also but he did not taking actions who is responiblity for my chit amount taken the payment

No helping for me

S. Muneendrakumar phoneno, [protected]...
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A
aliioc786
from Vijayawada, Andhra Pradesh
Aug 20, 2017
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cash fixed deposits bonds

Address: Guntur, Andhra Pradesh, 12345
Website: Kapil group.

My name is shaik dasthagiri, i am present working in idian army. My chit number in kapil chit fspto3j-22 to fixed deposited 3, 00000 suriety is my chit. My price money check release on[protected].. I ask company my bond xerox only. But branch manager and regional manger playing with me. Plese immediately give my bond xerox copies. Other wise i will give complaints rbi deposit cell and indian army cell.....
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G
Gangadhar Manjula
from Udupi, Karnataka
Aug 18, 2017
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negligence of customers for chits in dhone kapil manager

Address: Kurnool, Andhra Pradesh, 518222
Website: gmail

Dear sir i m gangadhar, request you that the dhone manager is negligence for customers in chits, after action in the chits the said employees not to come to the document verification till today or after 22 days and also the manager fraud to the customers in action time for chits and handed over the chit amount for favorable persons in commission. Please take necessary action against him....
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D
Dr Vinay Chandrashekar
from Mumbai, Maharashtra
Aug 7, 2017
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non payment, cheating

Address: 560062

This is to state that still no response for my previous complaints which I raised two years back. Mr Dayanand is not answering my calls everyone is behaving rudely. I have lost almost 15 lacs in this company. No one seems to take any accountability. Bangalore regional head are not giving me any contact of main branch in Hyderabad. Funds were released from main branch but these stupid people at local centre have eaten all my money. Please...
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S
sambasiva155684
from Delhi, Delhi
Aug 3, 2017
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kapil chit funds payment not received

Address: Bangalore, Karnataka, 560066

Dear kapil chits team,

Date :- 03.08.2017,
White field,
Bangalore - 560066.

I am p. Vijaya lakshmi with bjl02k-33 as my chit number, in vijaya nagar branch in bangalore. I am an existing customer of kapil chits from past 15 years. I participated in the action held in the month of march, as per kapil chits fund act, i submitted all my sureties and guarantee sureties that were demanded by kapil...
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Y
Y Jayasree
from Sirsilla, Telangana
Aug 1, 2017
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negligence in cheque issue

Dear sir... Im a claint of kapil chits pvt ltd. (Branch - ghanpur station).

I prised the ammount of 3, 00, 000 im month of may.
I submited suriety forms to maneger in month of may.
But your manenger is neglet to isse the dd/cheque..

He told neglence information... Behevior is tooo rash with claint.

Totally bad sevice give to claint... I had bad expiriance with you chits.
...
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Dr Vinay Chandrashekar
from Mumbai, Maharashtra
Aug 1, 2017
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non payment

Address: 560062

My payment is not made since 2 years. Mr dayanand is not taking any responsibility. He is big fraud and also involved in money laundering. Kindly look into it as priority. My no is [protected]. I had already complained against kapil chits funds bangalore vijaynagar branch almost year back no action has been taken yet. They are big cheaters. I have all the details of their fraudulent activities with proof. Please do something...
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