KAPIL CHITS LIMITED – Kapil Chit Funds — not received the auctioned amount

KAPIL CHITS LIMITED Complaints & Reviews

By: Raghu Ram Ghatti

am Raghu Ram Ghatti, having chit in Tenali branch,
I am awarded the chit in the month of March 2018 with the value of 12.4 lakhs Approx.
The Manager (then manager along with present manger came to when I joined the Chit) with consultation of the RO and his Officers promised me to release the amount in 40 days after the bid.
Now its been more than 3 months and we haven’t received the amount nor even it seems they are most careless to even to attend the verification of the guarantors yet saying all the time that they will be attending in 2 days time but not happened, they are just delaying the vitrifaction and delaying the payment.

My chit number is FTET02R-14.

now I am not at all interested in continuing the chit anymore and because it seems it may take another 2 months to get my prized amount which is useless to me it would be helpful then… why i participated in the auction and lost faith in that company.
thanking you sir,

Kindly do the needful and release my amount

Regards
Raghu


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