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Kapil Chit Funds Complaints & Reviews

www.kapilchits.com
1
Updated: Mar 6, 2025
Complaints 1043
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58
Unresolved
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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Kapil Chit Funds

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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 48

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K
Kantharao
from Vijayawada, Andhra Pradesh
Feb 8, 2017
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Acceptance of surety documents

Address: 520001

Good Morning sir,

I am V. KANTHARAO. I have a chit in ur company at bhavanipuram branch. I was taken a bid on[protected]. which is amount of 159000. to take this amount they asked the surety documents. I submitted one govt and two private employees. One more surety they asked, then I submitted one more govt surety, which person joined in job in last 6 months. They refused 4th on surety because of less experience.. I don't...
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R
ravisrnder
from Nizamabad, Telangana
Jan 28, 2017
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10 Lakhs chit auctioned on 30-11-2016 but not yet payment is made

Address: 506132
Website: www.kapilchits.com

My name S.Ravinder, from Narsampet, Warangal District, Telangana my chit no: FNT05P-48 in Kapil chit funds, Narsampet Branch and I am a successful bidder in the bid conducted on 30th Nov 2016. I have produced all documents which required by the Branch Manager. He told that he will pay the money within one month. Now already 2 months over. Still he has not released the chit amount. Whenever I ask to Manager he is postponing day after day....
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L
LALITHA REDDY
from Hyderabad, Telangana
Jan 9, 2017
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Harassing me

Address: Hyderabad, Andhra Pradesh, 500050

Prasad who is working in kapil chits chanda nagar branch, hyderabad has miscommunication me intentionally scene created nucence and tried not to get my amount to me. and lot of confusion created to the guarantors by not explaing completely, wantedly, intentionally harassed me . pls take action immediately or i will approach police station.Prasad who is working in kapil chits chanda nagar branch, hyderabad has miscommunication me intentionally...
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M
mamidiaparna
from Ponnur, Andhra Pradesh
Dec 29, 2016
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Worst and waist company no guarantee for our money

Address: Karimnagar, Andhra Pradesh, 505001

Hello i am aparna
I fixed my amount 150000/- for 2 years with interest it is 191250/- but they weren't give full amount to me. My number [protected], branch, karimnagar gandhi road, so take a action as soon as possible and they not give any proper response to me and we are pay 4 chitts and we are customer of past 5 year but i am not satisfied with your service change it as soon as possible....
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S
srikanth chebrolu
from Chilakalurupet, Andhra Pradesh
Dec 17, 2016
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Original Bond

Address: Prakasam, Andhra Pradesh, 523001
Website: kapil chits

I am deposit holder, But it is not regular deposit, It is Future liability deposit . I was paid the future liabilities in my chits but not proper respone to branch staff of ongole branch rtc depot branch for my original deposit bond of LP/KIA-ONG/A1/2016-amount of rs. 100000/- Maturity date is 6 January 2017 so kindly provide my original deposit bond and also provide maturity amount on that day my cell no.[protected]...
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S
siva3366
from Kakinada, Andhra Pradesh
Nov 21, 2016
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Payment misused by kapil chits

Address: 530016
Website: www.kapilchits.com

Hiii

I have taken a chit (Fdvt04h-3) from kapil chits and i used to pay chit by cash and i started to pay chits by using cheques.

One of my cheque was mis used by kapil chits kosta branch visakhapatnam

And no one is responsible for the same

For two months they told wait we will solve the issue and after two months you have not collected any receipt for the cheque.

I...
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V
Vinni Pinky
from Hyderabad, Telangana
Oct 27, 2016
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Worst kapil chit fund

Address: Warangal, Andhra Pradesh
Website: Consumer complaints

I've had my chit auctioned on 18th oct 2016 & was promised to get paid within 30 days. It's almost 3 months & i don't have the payment done. No matter how many times i call the agents they keep telling me that they will pay but don't make it. Branch manager for mulugu, dist warangal has absolutely no professionalism in handling customers & only making false promises.

I don't see any response from either from manager or agent...
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P
Preethi Herakar
from Hyderabad, Telangana
Oct 20, 2016
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Cheating the subscribers

Address: 500010
Website: www.kapilchitfunds.com

I'm the customer since 6 years "alwal branch". Kapil chit fund is the waste chit which i have ever seen. They never fulfuill the customer need. They pay our money on bases if we add one or the other chit which is kept as a pledge with 4 to 5 government surities they affidavit is also asked with it. This ruler are never been mentioned before for the customer or it is available on which we make our agreement.

As a customer i...
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S
Shravan Kore
from Vasai-Virar, Maharashtra
Oct 20, 2016
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Ran away with my chit money!!

Address: Hyderabad, Andhra Pradesh, 500001
Website: Www.kapilchits.com

I've had my chit auctioned on 28th july 2016 & was promised to get paid within 30 days. It's almost 3 months & i don't have the payment done. No matter how many times i call the agents they keep telling me that they will pay but don't make it. Mr. Azeemuddin who is a branch manager for dilahukhnagar branch has absolutely no professionalism in handling customers & only making false promises.

I don't see any response from either...
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S
Subramanyam chunduru
from Visakhapatnam, Andhra Pradesh
Oct 19, 2016
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10 lakes chit auctioned on 29.8.16 but not yet payment is made

Address: YSR, Andhra Pradesh
Website: www.kapilchits.com

I am regular chit holder in kapil chits badvel. After auction of chit they are supposed to give money to prized bidder with in 30 days. But chit fund company is never giving money in time.
Chit no fbv01 ip-35, 10 lacs chit was auctioned on 29.8.16 and produced all documents required. But they have not given me money so far, which is actually due to me on 29.9.16. It happened many a times previously. I participated in bid as i need...
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K
Kiranme
from Mumbai, Maharashtra
Oct 13, 2016
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I didn't get my payment which I supposed to get

Address: Hyderabad, Andhra Pradesh, 500019

Hello, this is Kiran from Hyderabad, I have taken chit in ghatkesar, Hyderabad branch, tenure has been completed, that branch executive and branch BM said I would get my money in 1 month but it's being 3 months I didn't get the amount yet, that executive and BM are not responding my calls, I didn't get proper response from anyone, plz solve the issue and provide my payment my chit number FGTL01G-23
Executive no. [protected]
BM...
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N
Naresh achary
from Mumbai, Maharashtra
Oct 6, 2016
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Irresponsible branch head in jangoan branch (kapil chits kakatiya pvt ltd)

Address: Warangal, Andhra Pradesh, 506167

Hai,
I naresh here i have invested in kapil chits, and i dicided to with draw my money, and all formalities has been done for this they have taken all most 3 months and after completion of all these things, and they are taking more than 2 months to deposit my money in my account, when ever i call to branch manager he won't lift my call and even he don't give any information about that amount, am feed of from your wrost services and...
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S
sreekanth madhiraju
from Hyderabad, Telangana
Oct 6, 2016
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Chit amount not received

Address: 517501
Website: www.kapilchits.com

My name M.Sreekanth, residing at Tirupati, Chittoor District, Andhra Pradesh my chit no: FSHTC02P-24 in Kapil chit funds, Srikalahasti Branch and I am a successful bidder in the bid conducted on 14th May 2016. I have produced all documents which required by the Branch Manager, Srikalahasti. He told that he will pay the money within one month. Now already 5 months over. Still he has not released the chit amount. Whenever I ask to Sri Munikumar,...
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S
Siva Prasad DV
from Bengaluru, Karnataka
Oct 5, 2016
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Chit amount Rs.4,05,000 not released from Feb 2016

Address: Prakasam, Andhra Pradesh, 523240
Website: www.kapilchits.com

My name Durbakula Ramadevi, residing at Podili, my chit no: fmrt09j/45 in Kapil chit funds, and i lift my chit on 25th Jan 2016, and the branch is Markapur, Prakasm (DT), AP. I need to get total Rs.4, 05, 000. They told after lifting the chit, they will pay the money with in one month. Now already 8 months over. Still they are not released the chit amount. When ever we are asking the money, they are telling that they will give today or tomorrow....
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S
Santhosh Alluri
Sep 29, 2016
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Fraudulently collecting toward benefit of its Health Club

Address: Rangareddy, Andhra Pradesh, 501401
Website: Against Kapil Group

I am resident of medchal have joined as a member in Rs 5, 00, 000-00 chit in medchal Branch. As I got the bid, I got the amount in the form of cheque excluding some charges like verification charges Rs 1000/-, service tax Rs 2163/-, Health club bond Rs 2300/- and insurance for amount of 3500/- they ensured me that give the health bond after getting. After few days, I requested the manager, to issue the bond. He told he will send.
Kapil...
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L
laalyas
from Mumbai, Maharashtra
Sep 13, 2016
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Fraudulent and neglected

Address: Khammam, Andhra Pradesh, 507001
Website: kapilchits.pvt.ltd

This is B L Prasad, one of the company agent telling me about chit policy & benefits I paid the one month instalment 10, 000rps signed overall documents... 5 months later your chit collapsed, you pay another 5000rps for regular continued/withdrawal chit..no.of times I text to agent he never respond me... The company terms and conditions is most worst cases... I heard there after three months cheque presented to customers...what I can do???...
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P
patelpathro
from Rajahmundry, Andhra Pradesh
Sep 4, 2016
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Even after 4 months, chits amount not released.

Address: 533003
Website: KAPIL CHITS(KOSTA) PVT.LTD

Regarding my chits No.FKKS13F-14/kakinada even after 4 months my chit amount not released so far, i submit all requirements which was asked by you.It is very much difficult to me and lost my belief on your company. resulting i got negative opinion on your company and i will share my difficult to friends and others. Even after several reminders your people did not responding properly. I have only way to proceed the legal. ---jayamani....
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M
mannava ravi
from Visakhapatnam, Andhra Pradesh
Aug 31, 2016
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Details of transanctions of chit

My chit no:fpdt01p-31, piduguralla branch, guntur district. I signed into the website of company i. E. Kapilchitfunds, created my account, as instructed in 'visual tour' of the site, added my chit details but unable to get the details of all transactions. I could only see that my chit is 'in progress'. Please suggest me if there is any way of getting the detailed history of payments i made towards my chit. Details of date...
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K
Kalyankar Shoban
from Hyderabad, Telangana
Aug 23, 2016
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My check signature perjury on 03-08-2016, at kalwakurthy branch.

Address: 509320

Dear team,
My check signature perjury on[protected], at kalwakurthy branch.
Kapil chits employee mr. venkatesh (branch manager) has perjury my signature on 3rd aug 2016.
Name-kalyankar shoban babu.
Phone number-[protected], [protected].
Chits details - fkwp02f-3.

Not responding any one off kalwakurthy branch persons.
Kindly action and revert me....
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P
prabhakar2396
from Siddipet, Telangana
Aug 14, 2016
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Please do not join kapil chits, five months over still not given my money

Address: Medak, Andhra Pradesh, 502103
Website: www.kapilchits.com

I lift my chit in kalpilchits fund of cheryal mandal district warangal. there five five months were finished still they are not giving money and the manager not picking my call and his name is chandramouli and AD hanmakonda not responding to my calls.
please do not join and waste your money by believing kapil chits its really waste of time and your money too....
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