Kapil Chit Funds Private Limited was incorporated under Companies Act in 1981 and has been in the chit fund business for over 31 years. The Company and its subsidiaries popularly known as “Kapil Chits.” It is one of the largest registered chit fund company having over 450 offices; over 18,000 persons are gainfully employed with an annual chit auction turnover exceeding Rs 3,700 crores and has over 7,00,000 satisfied customers as on July 2014.


Kapil Chit Funds Private Limited is the flagship company of the Kapil Group. ‘Kapil Group’ is a conglomerate of over thirty companies managed or owned by Mr. K. Vaman Rao, Chartered Accountant, his family members and associates. The group is involved in Chit Funds (Asset Management), Development of lay-out for residential / commercial buildings, Construction, Hotels and serviced apartment, Finance (NBFC), Information technology, Television (news channel), Newspaper, Bakery (factories), Manufacture of PP / HM bags, Printing press, Corporate Insurance Agency, Health and wellness therapy centers, Ayurvedic hospital, Cancer hospital (non-profit), Horticulture, Cultivation of vegetables, Diary, Poultry, Sheep / goat rearing, Telecom infrastructure services, Travel agency, Overseas money transfer agents and Distribution of home / office appliances, health products etc.,


As the number of branches, people handling the operations and auction turnover increased, the management for operational reasons and also with a view to create promotional avenues for the staff who have made this growth possible, started the following four wholly owned subsidiary companies and each company operates within specific geographical area;


Kapil Chits (Hyderabad) Pvt Ltd

Kapil Chits (Kosta) Pvt Ltd

Kapil Chits (Kakatiya) Pvt Ltd

Kapil Chits (Karnataka) Pvt Ltd


Registered Chit fund companies are primarily regulated by the Central Chit Fund Act and also has to comply with prescribed rules and regulation formulated by the respective state governments.


As per the existing law, the foreman (Chit Fund Company) has to deposit 100% of the chit value with the Registrar of Chits prior to the commencement of the chit group. All accounts have to be audited by a qualified Chartered Accountant. Every group run by kapil chits is registered and all regulations are followed.


Kapil chits is backed by its seasoned team of professionals who have decades of experience and can understand any query related to chits and can help you reap maximum benefits from investing in a chit. With over 30 years of experience in Chit business, it is the safest, most reliable and trustworthy company to make your chit related investments.


Chit Funds is a high risk low margin business. There have been many fly by night operators who have tarnished the image of this business sector. So when choosing to save and invest in chits, it is important to take an informed decision and invest only with companies who have a reliable track record. Since inception, honesty and transparency have been inbuilt into the DNA of our company. We enjoy a lot of goodwill in the markets we operate in and we guard our reputation closely. Over the past few decades, we have fulfilled our obligation towards customers by providing them honest, trustworthy and reliable service. It gives us great pleasure to have fulfilled the aspirations of our employees, who have grown with the company.