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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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18
Fixed deposit
16
Not received money
10
Not Paying my chit amount 1000000 last three months

Kapil Chit Funds reviews & complaints page 49

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R
rajanna m
from Paravur, Kerala
Aug 10, 2016
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My chit amount not paid from 3 months

Address: Mahbubnagar, Andhra Pradesh, 509001

I was lift my chit at kalwakurthy branch of mbnr on 28/5/2016, submitted mysurities by 10/6/2016, and the company was verified my surities by 5/7/2016 and the manager of thebranch sri venkatesh goud andregional manager sri sriramarao wantedly late.
Ri venkatesh manager of the branch was wantedly doing late and he is saying that as he i can cancell the chit. And he is saying that no paise will come to you, go any where to complaint....
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L
Lakshmi Kumari Bayyana
from Bengaluru, Karnataka
Jul 29, 2016
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Chit fund prize moneny not given 7months still date

Address: West Godavari, Andhra Pradesh, 534002
Website: www.kapilchits.com

I have chit in kapil chits 3 lac i acasation chit on dec-2015 then kapil chits agent mr. Veketesh & manger s mr9.kishor commted 1 month time then 2 months then both are chaanged then new staff came then same status then agin change staff still date i had not geting payment i request clear my payment or plz close my chit give back my final intest . Branch eluru namr _ mr.sukumar. regards. Mahesh -[protected]....
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R
raja mouli
from Mumbai, Maharashtra
Jul 26, 2016
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Payment taken but not resolving my problem

Address: East Godavari, Andhra Pradesh, 502032

Dear sir,
My name rajamouli mob no [protected], am joined in kapil chit sankarpally branch for 10lak chit and paid 13 months rs 184000/- after 13 months am lifted chit on[protected] given surety to kapil with in 5 days after 4 months completed they are told your chits was very heavy we are not give to your lifted chity amount. after 15 days call from branch manager and told me sir your total amount was rs 184000/- amount will be adjusted...
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P
pavan8182
Jun 25, 2016
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Did not refund cancelled chit amounts

Address: Hyderabad, Andhra Pradesh, 500079
Website: www.kapilchits.com

I have started 3 chits (2- Five lakh chits and 1- 15 lakh chit)with Kapil chits in Janaury'2014.
after 6 months, I have cancelled one 5 lakh chit and one 15 lakh chit and redeemed the 5 lakh chit.
as that time in total I have paid around 2.5 lakhs for all 3 chits and they have paid me around 2.5 lakhs as part of 5 lakh chi have redeemed.

For the cancelled chits, they did not pay me a single paisa, for which I...
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B
Battus
from Hyderabad, Telangana
Jun 22, 2016
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Target based / forced by manager - cheats for customers

Address: Medak, Andhra Pradesh, 534275
Website: www.Kapilchits.com

Sir

We are requesting to prevent managers who is working as a target based, stalling auctioned amount and adding new chits force fully . It happened in our life and personal experience o[censored]s freezes amount and added to new chits of worth 10 lakhs later it was cancelled by them .

We lost Rs.50000 and LIC Rs.30000 for two years (Without Acceptance)

I urge Indian Consumer Complaints Forum to take...
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G
gopinelcast
from Bengaluru, Karnataka
Jun 21, 2016
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Pay delay

Address: Sri Amarajeevi Potti Sri Ramulu Nellore, Andhra Pradesh, 524101
Website: kapil chits.com

Sir,
I am v. Manohar rao gudur andhra pradesh compliant for kapil chit gudur branch -2. They sanctioned chit for me before 2 months back. But till they are not give amount to me. I asked the manager but he is irregular answer give to me.
My chit number is fgmt07f/23. That branch people also not give correct answer to me. Pls. Help and give my amount....
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P
Pitta Parvathi
from Bengaluru, Karnataka
Jun 20, 2016
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Delay of May 201 action money

Address: YSR, Andhra Pradesh

My name P. Parvathi chit Ref: FRKT22F/30 of Rajampeta branch, kadapa district.

I had been paid monthly installments regularly. I have submitted surity documents etc in time at kapil chit office Rajampeta branch. But not gave chit amount till now.
I notice my problem to you and i hope that you will take a necessary action as possible as soon.
thanking you.
yours faithfully
PITTA PARVATHI...
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H
hari krishna yerram
from Hyderabad, Telangana
Jun 8, 2016
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Bid offered cheque not released

Address: Rangareddy, Andhra Pradesh, 500060
Website: Bid offered Cheque not received

Dear manager,

I am subscriber of anandbagh chit holding number and name :- fab02p is chit group and number is :- 13 and name is :- y archana we have offered the bid for on april[protected] and we have provided all the required the pledge to for the existing amount all the proceeding also completed

Still i did not get my cheque form you kapil chits i want some one should take the action and let me know does...
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V
Venkateswar Rao Naagu
from Hyderabad, Telangana
Jun 8, 2016
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Chit amount not paid yet, a big fraud company.

We have knocked the bid in respect of my chits no. Fabl05p/16 and fabt24j/21m on 29/04/216. But still the bid amount is not paid telling one or other reasons. It is very bad.

The branch manager will not answer the phone nor message us on the status.
They are not even sharing their superiors contact no.

With utmost trust we have chosen the kapil chits but the services are very bad. Please examine my issue...
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P
Praveen Kj
from Mumbai, Maharashtra
Jun 8, 2016
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A big fraud company

Address: 560090
Website: www.kapilchits.com

I have a chit with kapil chit (Cheat) funds, i have bid the chit 4 months back and it has been cleared now they are telling all possible stories to stop payment like still your payment is pending, your another bid is in legal it has to be cleared, i told them to clear the another with my account instead of doing that they have deducted amount from my chit for unknown persons chit and know they are telling clear the chit and take amount...
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S
surav46
from Hyderabad, Telangana
Jun 2, 2016
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S. siddeswar rao - chit no. fabl02f/26 at anandbagh branch, hyderabad - bid amount not paid-reg

Address: 500094
Website: Kapilchits

Good morning.

I have knocked the bid in respect of my chit no. Fabl02f/26 on 29/04/216. But still the bid amount is not paid telling one or other reasons. It is very bad. With utmost trust i have chosen the kapil chits but the services are very bad. Please examine my issue and see that the bid amount is paid to me today.
Best regards.
S. Siddeswar rao
[protected]...
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B
Battus
from Hyderabad, Telangana
May 27, 2016
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Compelled by manager and added to 5 lakh chits & cancelled later please give it back chit money of worth rs.50000

Address: Medak, Andhra Pradesh, 534275

Hello sir

I have registered a complaint in india consumer complaints and to kapil chits chairman vaman k rao sir. I got a message that you have received the complaint and let me know what is the result.

Brief about my complaint :

Sir we were not rich persons even though we afford to add chits of 11 lakhs and paying money some ought irregularly due to bad financial and health issues of my family....
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M
mraomannam
from Nellore, Andhra Pradesh
May 24, 2016
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Chit amount not refunded sofar waiting more than 3 months

Address: Hyderabad, Andhra Pradesh, 500044

Dear sir,
It is bring to your notice that i am the kapil chit fund member of kukatpally branch, chit no:fkkkto4j-9, feb-16 month ending i won the bid, i have completed all the surity documents in march 2016, sofar i am not received any chq, at lost yesterday we went kukat pally branch, we met to the branch manager mr. Jaya prasad reddy, he assured that end of the week, the chaq will be issued.
The following are the my basic...
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R
rp24550
from Nellore, Andhra Pradesh
May 21, 2016
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I am not received chit amount last 4 months

Address: Guntur, Andhra Pradesh, 522616
Website: www.consumercomplaints.in/new_complaint

Dear Sir/Madam
I am one of the chit member in Chilakaluripet in, Guntur District, In Andhraprdesh
i have won the chit in January -2016 but still i have not received my payment
here Manger tells amount not adjust for pay your payment. please solve my problem

I have logged compliant in the above subject After I have Received one call from kapil chit funds he was asking bank name i have told to him
unian...
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B
Battus
from Hyderabad, Telangana
May 21, 2016
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Cancelled cheat money

Address: 534275

Sir

Our money 50000 has been taken for security deposit and made it as a chits but our financial position is not that much high to value 4 chits of 5 lakhs . So please kindly return my money to pay outstanding amount of my chits .

We were paying the chits by enormous hard work and we didn't get enough money and family is in deep problems

Help me and solve our problem

11 J & 22...
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P
prabhu_bpr
from Bengaluru, Karnataka
May 17, 2016
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Bashyam circle branch bangalore

Address: Bangalore, Karnataka, 560076

Dear sir,
i am one of the subscriber in bashyam cirlce bangalore branch and prized 2 chits in the month of december 2015 and submitted all documents and asked deduct future liability.
total due from them is. 5.5 lakhs but no positive response from branch every time they are giving new date and some time they are telling already deposited in my bank account but if i ask proof again telling not deposited like this they are telling.br...
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A
agent agent
from Hyderabad, Telangana
Apr 28, 2016
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Please close your uppal branch

Address: 500072

Hello kapil cheat fund company
Why you started chit fund business, to cheat customers or else to serve customer, your company spoiled my life. Uppal branch manager and abm eating public money bm and abm both are doing malpractice in lakhs. Mr chairman sir please take action remove that from their jobs. Mandi oosuru oorike podu me kutumbalani nashanam chesthadi ma bathukulu aagam chesiru meru.Inka ma brathukulu elagu bagupadavu kanisam...
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P
Pola Jadesh Padmashali
from Hyderabad, Telangana
Apr 26, 2016
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Chit amount

Website: www.kapilchits.com

Hi

I am member of FAT09F-9 chit and it is 1 lac amount chit.
I have lifted the chit in the month of feb and after that, i have provided required docs immediately but, Now, they are continuously telling the cheque will come in two days, one day and next week etc... But, so far no proper response.

Branch : Alwal
Manager: mr.vinodh rao

All these guys are fraud. They are forcing me...
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N
nagesh_vaddadi
from Gurgaon, Haryana
Apr 20, 2016
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Bid the chit in jan, 2016 but till now didn't receive the cheque

Address: Ranga Reddy, Andhra Pradesh, 500049

Hi

I am member of fkt09j chit and it is 5 lac amount chit.
I have lifted the chit in the month of jan and after that, i have provided required docs immediately but, they took 1.5 months to complete the verification. Now, they are continuously telling the cheque will come in two days, one day and next week etc... But, so far no proper response.

Branch : kukatpally, vivekananda nagar
Manager: vital...
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S
Siva nageswara rao Peram
from Bengaluru, Karnataka
Apr 5, 2016
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Completion of BOND due

Address: 520008
Website: www.kapilchits.com

I Sri. Peram Siva Nageswara Rao has deposited amount in kapil chits
till now 8 months there is no response from the kapil chit funds already i have escalated about this problem to the concerned branch still there is no response from the concerned please help me to get my amount .

[protected]
Chit value :5 lakhs ....
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