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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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Most useful reviews

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

Kapil Chit Funds reviews & complaints page 50

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G
Gopal Madduri
Mar 16, 2016
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Insurance amount (deposit) not refunded so far after submitting all documents including indemnity bond/affidavit.

Address: 500060

My name is M. Gopal. Resident of 21-119 Syndicate Bank Colony, V V Nagar,
Hyderabad. I had drawn a chit of Rs. 100000 and completed all payments. Now I requested refund of Insurance Deposit as per letter from Company and submitted all papers required for refund of Rs. 7500. So far Company not refunded the amount or credited to my Bank account. After meeting Dilsukhnagar / Chaitanyapuri staff on March 1st 2016 they informed it will...
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C
chinnapalaiah
from Bengaluru, Karnataka
Feb 22, 2016
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Unable to login with my email id (Chinnab46@gmail.com)

Address: YSR, Andhra Pradesh, 516003

Hi Team,

we have created a new user with the emial id : [protected]@gmail.com

But I am unable to login with that email id

can u plz help me how to login with that id,

I have clicked "forgot password" link also but no mail came...
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R
rahmanss
from Yarada, Andhra Pradesh
Feb 22, 2016
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Wrong details have given the agent of kapil chit funds habsiguda

Address: 500053
Website: www.kapilchits.com

AGENT Naresh [protected]
start chit sep15 .given the commitment nov dec15 and didnt given till jan. i said give me total amount what ever i paid u.. today are feb16. i spoke with manager
madhu sudan reddy. he saying. that is not responsibility. Better you talk with agent . on this matter what should i do....
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D
d pandu ranga rao
from Guntur, Andhra Pradesh
Feb 18, 2016
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Amount paid not credited in account

Address: Guntur, Andhra Pradesh, 522002
Website: www.kapilchits.com

Hello sir,
i am D.Pandu Ranga Rao pno [protected] working emloyee in guntur dist. Sir i paid two months chit amount to ur A Bm T.Srinivasa Rao kapil chits pvt ltd sattenapally branch guntur dist .that amount is not credited in my account also instead of that he gave me one cheque it is returned, we went to office and complained to Bm also he is also not respond.and next chit payments also they did nt take from us....
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R
Rams2703
from Hyderabad, Telangana
Feb 11, 2016
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Payment late

Address: 507111

I inform that you chit no fbcs13f-23 left janury'16 monthr their is no payment no responds your organization kothagudem-2 branch it is totally chit ted and fared public in KAPIL CHITS FUND PLE NECESSARILY ACTION...
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R
Rams2703
from Hyderabad, Telangana
Feb 11, 2016
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No payment

Address: Khammam, Andhra Pradesh, 507111

I inform that you chit NO Fbcs13f-23 left january'16 month payment dealy at the sam chits
before 4, 5 months dealy at the same time to day...
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R
Rajesh197o
from Chandigarh, Chandigarh
Feb 4, 2016
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Prize amount not received till 5/2/2016.

Address: 500008

My chit no.FBNT05H-28.I parcipated in the auction hed in the month of DEC.15. I have to pay all remainding amount.
But till i haven't get any details andcmy account. I have been waiting patientey for the past 1.5 months. Are you peope traying to cheat us and eseape?
Please clarified above mater.
RAJESH BABU
PRO.ENGG.
BALANAGER
HYDETABAD.
(FBNTO5H-28)
Cell No.[protected]/[protected]....
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K
krishnavenichava
from Hyderabad, Telangana
Jan 18, 2016
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Chit taken but they are not paying amount

Address: East Godavari, Andhra Pradesh, 502032
Website: www.kapilchits.com

Dear sir, i have clearly told them this month i need chit to pay my daughters fee. after 18 days they are saying this month we are not giving to you. latterly pathetic experience and senior officials are irresponsible. I have given messages to all senior officials but nobody responding. Their branch officials behaving very rudely....
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H
HARI KRISHNA
from Hyderabad, Telangana
Jan 4, 2016
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Not paying chit amount

Address: Krishna, Andhra Pradesh, 521201
Website: www.kapilchits.com/Contact.aspx

Nuzvid branch Manager not paid my chit amount (9.5 Laks). From agent to AGM of regional office, all are giving negligible answers. The AGM also says"Who are you?" my request to all not to invest in Kapil Chits.Manager won't lift the call. Agent speaks like as if he is not aware of me. Every says that they don't know their head office number. No one is lifting the number [protected] which is mentioned as corporate office number in their website...
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N
nanday2kn
from Bengaluru, Karnataka
Jan 4, 2016
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Utilising of cutomer funds and not giving back

Address: 560041
Website: www.kapilchits.com

Dear K. Vaman Rao, i bring to notice jayangar branch of bangalore is of no use, please close and settle money what is collected from us. u either have genuie manger to attend call and if we go and visit not able to see manager . whever called messages busy with personal work. call u back. please u come down and make necessary arrangement or shut down and clear investers dont avoid. rgds...
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S
saisedu
from Kottayam, Kerala
Dec 29, 2015
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100000 chit and 2.5 lakh chit

Address: 531055
Website: KAPIL CHITS KOSTA

I am a kapil chits member i went for auction of 1lakh chit after paing 11 months successfully at a loss for rs 40000 but after 4 months they paid only 40000 into my bank account instead of 60000 and so i discontinued paying after 35 months asking them to settle but the matter went to arbitrator that was a big mischiefe, they will not intimate in time and willnot give us the awrd copy. Again i went for 2.5lakh chit auction after 10months...
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V
Venkateswarreddy
from Delhi, Delhi
Dec 18, 2015
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Chit amount not given

Address: 521456

I, G.Venkateswara reddy bearing chit no FHT02P-43 in eluru br. I got bid in the month sept. 2015. I submitted my sureties and verification completed. Till today my bid amount not give, it is almost 4th month. No one is responding neither br manager nor zonal manage . I f call them they r giving silly r mosy irresponsible answers. This caused loss of twenty lakhs .will ur company hold the reponsibility of my loss....
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R
Ruksana 123
from Mumbai, Maharashtra
Nov 11, 2015
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Harassment and not giving prize amount

Address: Anantapur, Andhra Pradesh, 515001
Website: kapil chits

Sir, This is in relation to my Chit amount bided and prized in August 15, till date not given, I am customer of kapil and have various chits but due to this irresponsibility I am withdrawing all my chits and not advisable to anybody to believe Kapil Chits- I am complaining on Anantapur, Ramnagar Branch Manager and other staff, I want to file a criminal case against manager for cheating and false promise -S.Ruksana Begum -Anantapur...
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P
Pvsrao
from Akkarampalle, Andhra Pradesh
Oct 7, 2015
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Non payment of chit amount

Address: Hyderabad, Andhra Pradesh
Website: kapilchits.com

Sir, I am a subscriber of Kapil Chits for 10 years. I have 2 Chits valued 1.5 Lakhs & 5 Lakhs and 1 chit of 5 Lakh in my wife's name. I have become a prized subscriber of 1.5 Lakhs chit and prized Rs.92, 700/- with deduction of 57, 300/- on 27.06.2015. I have submitted all required documents of my self and my sureties. But the chit amount has not been paid to me even after a lapse of 3months. I decided to discontinue to be subscriber for...
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S
Swathi_des
from Bangalore, Karnataka
Sep 29, 2015
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Chit money not received

Address: Guntur, Andhra Pradesh

Hi, I am Swathi Desaboyina and I have 5 Lakh chit in Kapil chit funds, Tenali. Chit number is ftes01j-6. I have bidden for chit for 4.50L on May 28th, 2015. Chit will be closed on December 2015. Because I have claimed it earlier they have asked for suriety and I have provided all the documents on June. Two government employees have given suriety for the rest of amount. I pay the chit regularly and they are troubling me since 4 months...
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Y
Yvc Pavansri
from Bengaluru, Karnataka
Sep 12, 2015
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Threatning on demand notice

Address: Hyderabad, Andhra Pradesh

We received call from Kapil chits srinivas [protected] secunderabad office who claims will send demand notice to our Surety holders. i paid 46months chit amount and for next 4months chit amount also ready to pay. The problem is i was asked to pay cheque bounce charges which was levied in my chit record wherein i cleared the amount before cheque date issued at their branch office. Hence i have asked them not to charge me but still i was...
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k vishwaroopa chary
from Chennai, Tamil Nadu
Aug 31, 2015
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Not Transferency in chits action

Address: Adilabad, Andhra Pradesh

Dear Sir My chit no.FMGT16G1-20. Current month is 13th is over. when the 3rd month I lifted the chit in draw the sealing amount Rs 1.00.000. They ask 3no's surities. But in the suriti form not mentioned the type of surities. But they writtenly wrote some type conditions for surities. That conditions may not fill by me because that type of conditions your people is given. Finally after 3months before action i have submitted the surities but...
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S
SAMDK002
from Pune, Maharashtra
Aug 28, 2015
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Penalty

Address: Karimnagar, Andhra Pradesh

Sir I'm a chit holder of kapil chits fund. I have to penalty system. For example as per company rules payment of chit fund should clear up to 25th of each moth otherwise they add the penalty . we have no problem with penalty but when we take the chit company giving amount after 30days . so my complaint is that kapil chit fund company should pay the penalty to customer if they delay payment. I have taken chit on auction rs 412000/- still amount...
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D
D_avinash
from Mumbai, Maharashtra
Aug 24, 2015
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Not trust worthy and plays like hell

Address: Krishna, Andhra Pradesh

They will not pay chit in time. I have two chits one made as surity for other but still they didn't pay for 3 months and started complaining others are not paying. Don't pay chit in kapil chits. They will start abusing if you ask your own money. To make you pay they will say sweet words. After investing they will show you he'll. They are hopeless people. I have payed all chits in time and start saying that we will give when we have money......
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V
Veeru veeresh
from Nashik, Maharashtra
Aug 5, 2015
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Adoni ​kapil chits branch manager not respond

Address: Kurnool, Andhra Pradesh

​kapil chits Adoni branch I have participated in action on[protected] and. auctioned for 27000/- and I have submitted 3 govt surety with in time but till date[protected] chit amount not received.when customer giving complaints to head office the kapil chits is a worst chit fund company is cheating to people...
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