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Shriram Chits Complaints & Reviews

www.shriramchits.com
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Updated: Jan 2, 2026
Complaints 389
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77
Unresolved
312
So far, so good. Shriram Chits is working on building a stronger response system and taking steps to address most of the complaints. While there's room for growth, their efforts show a positive trend in customer support. We hope Shriram Chits will keep up the work and continue to help more customers with their concerns even better 🤝
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Shriram Chits reviews & complaints(389)

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P
Perry Z
Jan 2, 2026
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No Payment

It is crucial to have a thorough grasp of the terms and conditions of any agreement in order to prevent loss. This was me until I took action after W w w. Solve̲nRe̲Me̲dY. TecH on Whatsapp: (+1)̲ ̲(̲3̲2̲0̲)̲ ̲(̲4̲5̲9̲)̲ ̲3̲3̲9̲4̲
Came through for me, and I received all my money back...
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R
rakingvictory
Jul 22, 2025
Aug 24, 2025
This thread was updated on Aug 24, 2025
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Urgent: request for release of bond maturity amount with penalty due to inordinate delay [zzc-5828473]

Address: PENDURTHI, VISAKHAPATNAM, ANDHRA PRADESH - 530051

Dear Sir/Madam,
I am writing to formally raise a grievance regarding the prolonged and unjustified delay in releasing the maturity proceeds of a bond originally held by my wife's grandfather under the following details:
Bond Certificate Number: ZZC-5828473
Name of Original Holder: KOPPARTHI LIKHITA
Date of Investment : 10-NOV-2000
Date of Maturity: 10-MAY-2012
Branch: VIZAG N. A. D - 3056713br...
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T
Tarun electricals
Feb 17, 2025
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Chit issue and wrong promises

Address: Palasa 532222 Andhra pradesh

Branch manager is telling lies amt chit praise amount and misleading us with wrong promises...
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A
ADNAN SAYYED
from Airoli, Maharashtra
Dec 28, 2023
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Auction cheating SardarSyed is hospitalized

Address: Navi Mumbai

HI TEAM,
I son of Sardar Syed, Adnan Sayyed
Registered email id - skroadways.[protected]@gmail.com
Actually my father was hospitalized in kokilaben Dhirubhai Ambani hospital and there he was operated for head injury at that time we need a funds and we gone for the auction of shriram chits vashi navi mumbai in which my dad has invested 25 EmI's till date and at the time of auction only i was presented in auction and noone else...
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M
Mathivanan P
Nov 30, 2022
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FD maturity returns

Address: Cuddalore

Joined in FD scheme and FD matured on 25-Nov, 2022.

Still didn't received the maturity amount.
When it comes in giving money bank to customers, Shriram chits works in snail pace.
I have experienced the same in when getting the chit bid amount and now my FD maturity amount.

I will Never ever will join in any of Shriram Chits schemes and never recommend anyone to do the same....
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G
gramkumar
from Tiruchirappalli, Tamil Nadu
Jun 21, 2022
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Non pay for refund money

Address: tiruchirapalli

Above said Ticket/Group number i have paid Rs.11650/- dated[protected] and after that no one contact above said ID group created or not and no one contact further payment of due collection. And after that I called the concerned executive and he told me there was no group created from this ID. Some changes for our company. So I kindly request a refund of the money and I was given a refund application with id proof and bank particulars also....
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A
Anand9614
Apr 11, 2021
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Mislead and cheater

I am Anand, I was met Mr.Narayanan ( Manager – Mugappair branch – Mobil Number [protected] /[protected] ) at branch office in Oct 2020, who is recommend me to join shri ram chit fund, I have asked about the chit rules and regulation but he was misleading and cheated me that, there is not require government surety for 5 Lakhs and 3 Lakhs chit group, only require private employee surety and then I have decided to join 5 Lakhs ( 2 Nos) but...
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V
Vivekanandhan Jagadhaeswaran
Dec 31, 2020
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Fraudulent against chit coimbatore

Address: 76-A, Cross Cut Rd, Ram Nagar, Gandhipuram, Tamil Nadu 641012

While i am enquiring about chit from online contact Sri ram Chit coimbatore crosscut Road branch Chit agent Tmt.Maria ([protected]) has approached me to take 3 lakh chit with 5 years duration. She gave me the commitment that prize money will be provided at the 3rd month itself for sure, (in return i must provide 2 government surety and should join 1 more 3 lakh chit). Second 3 lakh chit will be provided by 10th or 11th month with 1 government...
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M
Maddi Rao
from Sambalpur, Odisha
Nov 26, 2018
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not refund of deducted amount and non response of staff

Website: Gmail.com

1. I was taken bike loan on 24 apr 2018 with rs 25000.00 down payment at narasannapeta branch on monthly premium rs 3193 per month. I was also clear my loan on 06 jun 2018 with rs 50584.00. My loan acct no is nsnpttw[protected]. 2. Now it is observed that on 07 aug 2018, rs 3193.00 haserroniously been deducted from my acct by your branh. I am approached at narasannapeta branch with manager & accountant for refund of my said amount, but they...
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K
Keshav Sivakumar
from Chennai, Tamil Nadu
Aug 31, 2018
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escalation : delay of payment of funds

Address: 600020

I have an existing policy No 50284659 in the name of Keshav Sivakumar (Self) I had submitted all documents for foreclosure on the 14th of this month in the adyar branch where i had made the investment. the staff told me that it will take 10 days for the funds to be credited into the bank. at the time of submitting the documents itself, i had mentioned about the urgency of the funds for paying my educational fees in a college abroad in which...
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N
nagarajgoud1
from Hyderabad, Telangana
Jul 5, 2017
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Delay in processing loan and executive is not showing interest to make it happen on time.

Address: 502371

Hi Sriram Chits,

loan ac no : [protected]

We have started processing loan request since 1 and half month, since then we are facing so many issues with the executive(). Since the loan is taking in a village and im at HYD the executive under the impression that this villagers dont know anything and he is taking unuusal execuses to delay the process and he is giving priority to his personal works, everytime when...
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A
Anusha Bandarupalli
Feb 16, 2017
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Surity Signature1

Address: Hyderabad, Andhra Pradesh

Hi
This is xxxxx working for an mnc company. One of my friend came to me and took signature for her friend and by that time i was not noticed that it is mere surety signature. After 3 years sriram chits sent a court notice to company saying that there is 3 lakhs amount was due and that amount will be deducted from the employee salary. There is to and forth communication was happened between hr and myself and the amount was paid by...
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K
karamari2
from Tuni, Andhra Pradesh
Jan 27, 2017
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Princes bond - payment not received

Address: 531126
Website: shriram chits & Finace company

Princess Bond Redemption date on 08 Jan 2017, I deposited the original bond & other supporting documents on 04 Jan 2017 at Tuni Branch. But till to date the amount has not been credited in my account.
FOLIO NO - VG003894.
CERTIFICATE NO - VZC-5698705
DATE OF REDEMPTION - 08 JAN 2017.
MINOR - K GAYATHRI.
GARDIAN - K MARINESWARA RAO
MOBILE - [protected]
[protected]@gmail.com...
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K
KANDIKUPPA SRINIVASA RAO
from Sompeta, Andhra Pradesh
Jul 10, 2009
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name not printed full in pan card

respected sir in my pancard ref no BFWPS9789A NAME:KANDIKUPPA SRINIVASARAO BUT printed in that pan card KANDI KUPPA SRINI please rectify my name in PAN CARD as early as possible...
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R
Ramanjaneyulu reddy
from Vijayawada, Andhra Pradesh
Nov 27, 2008
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Fraud in shriram chits

I am B Ramanjaneyulu Reddy, a middle class person having two chits running with sriramchits at Ameerpet branch, Hyderabad. I am in need of money urgently so i went to bid the amount, but i was shocked after facing situations there.
The manager himself with the staff staff creates dummy bidders and bids for the chits and takes the money. The agents at shriram chits are also bidders, where they are not supposed to bid.
When asked...
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M
Manish Kumar Agarwal
from Bengaluru, Karnataka
Apr 10, 2008
Oct 23, 2025
This thread was updated on Oct 23, 2025
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Fraud in chits

I have two chits currently running with Shriram Chits at Tiptur.
The manager himself with the staff staff creates dummy bidders and bids for the chits and takes the money. The agents at shriram chits are also bidders where as they are not suppose to bid.
When asked for bidder details they try to manhandle me. They spoke very arrogantly.
The person who does all this is Ravi. He has full support from his manager. The manager...
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6
6301777419
Feb 15, 2024
Feb 15, 2024
This thread was updated on Feb 15, 2024
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Address: Madanapalle, annamayya district.

Group:88002, ticket:14, k.sivakumar raju, lifted 20 lakhs chit in December 2023.we submitted all documents on 9/1/2024.we have not received our chit amount till date 45 days over since chit lifted.payement not done solar by madanapalle shri chits manager.please take action in this matter and arrange payement at early date.chit reference:88002/14. K.sivakumar raju
Feb 15, 2024
Updated by 6301777419 Chit reference 88002/14, k.sivakumar raju, shri ram chits, madanapalle branch.20 lacs chit lifted in December 2023.submitted all documents.chit amount payement not done by shri ram company, madanapalle branch so far.please take action in this matter and arrange our chit payement quickly.
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    S
    Saneelc
    from Mumbai, Maharashtra
    Feb 6, 2024
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    Address: Dadar

    I am trying to make the Chit payment for the month of Feb 24. the Mob App is currently not working fine, so when i tried to make the payment online, the due amount which was updated is of Jan Month. till Jan month i have already made all my payments. i want to make the FEB amount chit payment which i am unable to do. Requesting your Help .
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      K
      ksravi2461
      Jan 17, 2024
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      After settling the final dues and made necessary request, more than a month i did not receive my pleadged document of LIC Bond. It got matured and could not claim the money.

      Very Poor response from your Hosur office, they never bother about customers.

      My Chit Nos.[protected] &[protected]

      This is very unfortunate, please treat this as "Emergency" and send back my documents. Thanks K S Ravichandran
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        T
        Theepak30
        from Chennai, Tamil Nadu
        Oct 5, 2023
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        Address: Chennai

        Hi Team,

        This is to bring to your kind notice i, g. Selvaraj, Siva raja are a members of shriram chit fund ambattur branch,

        The chit no[protected] of value 3, 47, 500 /- we have completed the full payment. but agent has took 70000 of payment amount and run away from company.

        If agent took money and runaway how can we responsible for it, this Shriram chits is asking us to pay money which their agent took. we have all the proof and details.

        Request yourself to help me and solve the issue kindly advice at the earliest. Complained letter written on 1/9/2020 and submitted to your branch office.

        Also, other collection agents calling and asking us money, bride to close this issue.
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