[Resolved]  Shriram Chits — chit fund distibution/ fraud

Bidding process is fraud. they are increasing the bids without any bid to give good subscrition amount to ohers . ( poor bidder is bidding paying high amount. )

I have not bid & not participated but forciblily auctioning on me. I have not recd the amount till 09.12.09 supposed to receive by 11.11.09.

pl let me know under whom ( govt dept ) chits are monitored.
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Aug 14, 2020
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My name is M.Venkatesh yadav i am working as junior Assistant in Irrigation & Cad department i had a 2 lakh chit in Sriram chits at Mahabubnagar Branch, Andhra Pradesh, pin number 509001. my chit number 58011/29 . my chit had 40 instalments. chit is completed on january, 2009. the chit bid date is 18 january 2009. at the time i was paid total amount. i had paid on 10jan2009. at the time i was 1100/- balance. at that time i consulted to the branch manager and iam asking the please overlook that amount due to i have paid instalments regularly and some times i have paid penal intrest also. then the manager has given oral instructions to overlook that amount.i have paid instalements regularly. now i have taken court summons on 26 february2010. after one year completion of chit taken court summons without my intimation. none of the information from mahabubnagar branch to me.
No one employee consulted to me. directly given to the court summons. now i have consulted to branch manager, mahabubnagar. i have asked the branch manager, mahabubnagar. without intimation why you are given to the court summons, it at all you intimation to me i have paid that much amount. the branch managar said to me you have 1100/- balance and you have to pay pleder fee 3500/- and document fee 1500/- and interest is 4000/- total amount is 12000/- approximately.
My intention is if at all the branch manager has given information to me, i pay that amount. without my knowledge after completion of chit (chit completed in january 2009 i have taken court summons on 26 feb2010)
given court summons. and the branch manager said to me you will pay 12000/-approximately.
Hence i request that please calrify my problem.
Sri ram chit fund coimbatore is a biggest cheating company, I bought 3 lakhs from sriram, now i am paying 5 lakhs from 36 months, still the amount is 3 lakhs, The big thing is 3.5 laks... Increasing and eating my hard earned money by sri ram peoples, Who found this company, first need to kill that person, Really i am suffering lot... Please as a friend i am saying.. DONT JOIN WITH THIS COMPANY PLEASE.. I CAN EVEN FALL IN YOUR LEG AND BEGGING.. Dont join really u will feel after...i am going to file a complaint in court...

40,000 lon

monthly pement 2000 how to

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