Kapil Chit Funds Private Limited was incorporated under Companies Act in 1981 and has been in the chit fund business for over 39 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 4,506 crores and has over 10,00,000 satisfied customers as on July 2019.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.