[Resolved]  Shriram Chits Sanath Nagar Branch — Cheating People with Hidden Policies tied up to Chits

Address:Hyderabad, Andhra Pradesh

I was Fed up with this Shri Ram Chits... Please don't ever try to join in a chit in Shri Ram Chits. They are playing with Peoples mind. The Two Main Problems i faced with shri Ram chits are:

1. First main problem : I have joined in 5 lac and 3 lac chits in Shriram. while ur are joining they will not tell anything and they say this offers, that offers , we have this many branches , recognised by Govt. Etc. The problem starts when you want to bid ur chit. After bidding they should give our chit amount back once formalities are done. Once formalities completed, they will start the new game... Sir... becoz of so and so reason... you have to take one of the policy with Shri Ram chits to take your chit amount. They will insist the customer like anything, that take policy with Shri Ram, Otherwise we will not give the Chit amount. We will pay for years to years, but finally when u need money they will play all the games.

As people will not take policies like health, money investments etc with Pvt organisations, they can't give to individuals that policies. That's why they will insist the CHIT people to take policy if they need chit amount. They will tell all the bleady rules when u need ur money or the bidding money.

So they will get Profit in Policies with out doing any extra work.

2. Second problem: I have take one loan with Shri Ram chits (1,50,000) and my monthly payment is 11,275. I have paid all the installments amount monthly without any due and last 2 months payment they have deducted from my another chit bidding amount. So i have paid last two months amount at a time. Even after paying, they remmited cheque in my account. I have asked the Shri Ram Manager also, i have paid the amount right, so you will not put the cheque in my account right, then they told no madam we have recieved you amount. They told, But they passed the cheque - the Cheque was bounced in my account. My account tracking was gone. I went to branch asked the details, then they said sorry and given NO OBJECTION Letter also. I Excused first time but even after issuing NO OBJECTION letter again this month they passed the CHEQUE and it was cheque bounce in my account without my mistake. What should i do with this kind of POEPLE.

Till now i don't have single Cheque bounce in my account. BUT here i have 2 cheque bounces in my account Because of SHRI RAM CHITS Mistake.

PLEASE Don't join in shri ram Groups..... they are CHEATING PEOPLE and they will never respect the CUSTOMER INTRESTS.

Regards,
Nalini
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Aug 13, 2020
Complaint marked as Resolved 
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