Shriram Chits Complaints & Reviews

I have received a letter from high court law chamber stating that in due of rs 65000 is pending on your acc..
But nothing mentioned in tat letter which branch which chit/loan s pending

I have joined only one chit in kk nagar branch and that i have completed and got my no dues letter but still receiving letters like making so much depressed and irritating

Let me know whom i shld talk about this

Saranya k

Dear Sir,

I have availed car loan for my vehicle number PY 01 CB 8586 with your company and i am promptly paying my monthly installments without any failure.
From March 2017, your employee over phone canvassed for availing Sri Ram Insurance for my private car and for the same i clearly stated not interested for insurance facility through your firm. Again one more staff through call center also approached for the same same said subject and again i reinstated that i am not interested/refused to avail the insurance facility through your company.
During the same month March 2017 i have created a new insurance policy with New India Insurance and submitted the Xerox copies with Sri Ram Branch Manager, Puducherry. Repeatedly thrice your staff asked for new insurance documents copies and the same was submitted to your Puducherry Branch.
On the above said subject i have appraised with Mr. Narayanamurugan and Balakumaran based at Puducherry Branch over phone
In spite of my repeated rejections with your team staff, i was told through your staff that insurance amount was credited to my loan account without my authorizations at any point of time either verbally or in any written form.

Hence, herewith i request to initiate necessary arrangements to cancel the amount credited on my name towards insurance without my authorizations with immediate effect. Again i reinstate that in no manner i am responsible to pay for the wrongly insurance process created by your staff.

Expecting favorable reply at the earliest on the above said subject.

Thanks and regards,

S.Mady Olly.
[protected]@gmail.com

With reference to the above chit from mehadipatnam br. Hyderabad this is to inform that as i got retired from govt service and had fallen sick and due to financial problems i have delayed in making payment. Now i'm making arrangements for cleaning the entire dues.in the mean time shri mani kanta branch manager mobile number [protected] has called the the people who have given surity and threatened that he will throw the utensils out side the house. I have requested him not to do so as one of the person is lady who is widow and she is hear patient and i requested to make the payment very shortly. He strated telling that he can do everything what he wish to do to the lady. This is highly objectionable. If anything happens to her shriram chits will be held responsible. This is for your kind information please.
S j basha
[protected]
Hyderabad
The

Wrst performance to clr dep and cls the chit. They will take up to 2 months for this process.&also wrst resp from your staff.in this compitetive days too worst performance.

Ex. If i am going to bank to close my loan r cls dep they take 10 min to cls both.

Think what about your company performance. How the people like to invest in your company

With reference to the above 5 lakh chits (4 nos of 5lakh chits), i paid the first 2 instalments through cheques for rs53, 300/- and rs50, 000/- from my syndicate bank account. The bm of the svga (Mrsuresh) said that the group will be started in early may/2017. But the group was never started, so i asked him for refund of my payment. But instead the then bm (Mr. Suresh) transferred the group to karaikudi branch w/o my knowledge, and he never issued an appropriate receipt for the money i paid.

See i have been holding chits at svga branch for the past 10 years as it is my native town. But this guy has misused my money by transferring it to other branch as he got transferred there. I made many representation to the current bm of svga branch and the sm of the region, but no one is responding.
This breach of trust is untenable,
With regards,
V. Pugazhenthi [protected]
11/2, 15th street, jainagar, arumbakkam, chennai - 600106

Sir my friend was given proposal 63206/35 value for 300000 on 7/4/17, myself and two of my colleagues singed as surety, we submitted photo proof and salary proof, but we made whitener on our pan and dob details as these are misused, since then i am being continuously contacted for one or other reason and me willing to resolve the issue, in month of august i was given set of proposal form, receipt and promissory note, for new signature stating difference in signature, i told to provide my old signed copies and refused to sign, few days later i was provided a copy in which my sign was completely falsified and forgery documents used, (I have copy of snap shot taken), few days later i was handed over my original singed documents and proved to sales rep that sign is not mismatch, on telephone manager sriram chits ambattur branch said one of my friend signed in promissory note with date and so they refusing, again i flexed and signed new set of documents, ambattur branch manager had discussion for whitener on pan card, today 3/10/17 one more sales rep came to my office and providing one more new set of promissory note to sign stating difference in signature, on demanding my old set of signed documents, manager refused blindly and said that i am just surety and suppose to come to his office and wait.

Now manager shriram chits pvt limited ambattur branch mobile no [protected] behaving in rude manner and refusing to take my call and when called from land line abusing me and disconnected my call thrice after which i am willing to follow this channel,
Secondly falsifying my sign and impersonating me is serious crime which has to be addressed and serious action to be taken against such personalities
Expecting justice soon else

Hi my name is lokesh, my brother have 2 -1lakh chits in krisnagiri branch. We have 1 month due is pending. We have 2 shiram new shri life plan policy (Np[protected]. Actually we didn't receive any insurance bond till now so my dad and brother went to krishnagiri office and spoke with srinivasan (Branch manager), he replied we have only one bond, other one is not yet come. So my dad is replied if you are not give the bond i will not pay the amount last month installment. For that that manager speaks bad words to my family and he says settle the amount i will provide. So whats our concern is if you really have you can show and then we will pay the amount but the manager is not answer properly. We suspect he is not put the second policy. So please clarify with this issue if you not resolving this i am sure i will go legally. Please take necessary action to the manager otherwise he will spoil the sriram chits name

Branch manager of nirmal branch rashly behaving towards chit subscribers. He is talking neglectly. And suffering for prize money payment
And block mailing for life insurance policies to auctioned subscribers. He is telling that don't come to office for three months for prize money

So i request you to kindly "save the reputation of nirmal chit branch"

Dear all.
I A sashikanth son of Vimala we are having one time investment amount 50000/ NO: LN[protected]in your Sriram YELLANDU branch name of vimala my mother.and we have chits also.
At the time of our chit auction they taken my one time investment and put it lien to that chit .and. That chit was closed on July month in badhrachalam branch .but they removed lien on august month they send it to khammam branch as per my request .that investment as per lien it's under name of Sriram .
We have to convert to your name to our name .but that bludy staff don't know they have responsibility to remove lien and change the name ..we have tried to change that name we had submitted that bond to khammam brand on 02/09/2017
We visited your branch on 25/09/2017
And asked about our deposit.and simply tell that bond is not issued our branch .so we canot change name they simply told go to your issued branch (YELLANDU)so that they can change the name..
My chit is over on July month ur bludy staff lien removed on august month .and they taken on 2sep they return back on 25 sep . while accepting that request they don't now that process simply they took and put it on dustbin ..
They don't have minimum commonsense to intimate customer..i[censored]r change that name I can close that bond when the value is high but your not changed ..I am unable close that bond I have faced hug loss .that loss will penalize to Sriram only...
Take it as serious and solve these issue

Yours
A.Sashikanth
[protected]
Hyderabad

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[protected] Forwarded message[protected]
From: sashi kanth
To: [protected]@shriramchits.in
Cc:
Bcc:
Date: Tue, 26 Sep 2017 22:50:26 +0530
Subject: Worst service in one of your branch i.e khammam telangana
Dear all.
I A sashikanth son of Vimala we are having one time investment amount 50000/ NO: LN[protected]in your Sriram YELLANDU branch name of vimala my mother.and we have chits also.
At the time of our chit auction they taken my one time investment and put it lien to that chit .and. That chit was closed on July month in badhrachalam branch .but they removed lien on august month they send it to khammam branch as per my request .that investment as per lien it's under name of Sriram .
We have to convert to your name to our name .but that bludy staff don't know they have responsibility to remove lien and change the name ..we have tried to change that name we had submitted that bond to khammam brand on 02/09/2017
We visited your branch on 25/09/2017
And asked about our deposit.and simply tell that bond is not issued our branch .so we canot change name they simply told go to your issued branch (YELLANDU)so that they can change the name..
My chit is over on July month ur bludy staff lien removed on august month .and they taken on 2sep they return back on 25 sep . while accepting that request they don't now that process simply they took and put it on dustbin ..
They don't have minimum commonsense to intimate customer..i[censored]r change that name I can close that bond when the value is high but your not changed ..I am unable close that bond I have faced hug loss .that loss will penalize to Sriram only...
Take it as serious and solve these issue

Sashikanth

Dear sir/ medam,

I have taken a personal loan and vehicle loan in your mandapeta branch east godavari district, a. P. My vehicle loan clearance purpose i asking several times for loan clearance purpose but your staff not respond and careless talking. Today i asking again my loan clearance purpose your staff behavior is same. I am a customer in your branch from 2008 to till, your branch previous staff is very good response now the staff behavior is very worst. Next time iam not taken any loan in your mandapeta branch.

Thanking you

I have put 2 chits in madurai branch, while joining they assured me of giving 4 or 5th month chit but it has been 7 months since i have joined and still now they have given the money. I have went to their office several times but they dont respond and tell me to come next month.
This month they told they will give the money but i have to put insurance of 30000 per year for 5 years and i have to guarantee from 5 government employees with their 3 months original pay slip and 6 months bank statement.
These kind of rules where not at all said at the time of joining. They only told they need 2 guarantees per chit.
They keep soo many agents in biting and make sure they win.

Sir
I am remitting chit amount promptly every month as i have joined in chit no.58027/20 in cuddalore branch tamil nadu and i have taken auction in the month of july 2017 and documents regarding surety has been submitted in this office in the same month but till date i could not receive the amount when i enquire in cuddalore shriram office no proper information received by me
Details:
Chit no 58027/20
Maturity value rsw 200000/-

Managers doesn't know what they are for. Wrost service by a private chit fund company. Always false commitments. Such a big company not able return cheque even after 80days go bidding the chit. Poor customer centric. No proper response n stop responding to calls when we call them. I had a very bad experience so far with sriram chits n will never want to continue with such lethorgic company.

We have taken the chit three months back no 4400/70043/24
The total amount is about one lakh and little above
The local madurai branch asked for two surities
My self asso. Prof. Of zoology drawing 1, 65, 000/per manth
And
My friend who is also asso. Prof. Of botany drawing 1, 70, 000 gave the same
The chit was in the name of my wife j, sumathi who is a practicing chartered accountant (Fca), from 1990 onwards. (She also served as statuary auditor for sri ramchits).

We are not new to sri ramchits and we have our connections with sri ram chits since 2002 onwards

The reason for their non payment is that we both o[censored]s gave the salary certificates which are generated from the government employment portal and both of them are self attested by us.in that certificates also it is clearly given that it is computer generated and no signature is required.

But the persons in the desk repeatedly asking us to get the signature of the principal.
Even we replied to them that kindly reject our claim given the reason as certificates are not signed by principal, so that we can proceed legally through court of law.

For the last 15 years we are the costumer and still in the last chit also they insist to go for a insurance for rs 8800 and we obliged the same.

This time also we are ready to put the same as deposit in sriram as it was much delayed, yet once agin the same story of promise and delayed.

I would like to bring to your kind notice that for every month payment we have not delayed even half an hour.

Hence kindly look in to the matter and resolve the grievance
My mobile no [protected]

Sir,
This is to bring to your kind notice i, g. Selvaraj are a members of two chit fund porur branch,
The chit no 65006/40 of value 5, 00, 000 /- prized and rani selvaraj chit no 53277/25 value 1, 00, 000/- prized
Sir as the chit term is coming to end and you have not bothered to inform as to what is outcome
Of the case against mr. Gangendran. I have not paid the said installment for the month august
Request you to adjust the amount of 2127 / towards chit and informing you that i will not be paying the chit amount for the month september also.

I have made payment of two installment on 26/07/2016 an amount 4500/-

Request yourself to help me and solve the issue kindly advice at the earliest.

Complained letter written on 15/12/2015 and submitted to your branch office.

Thanking you.
G. Selvaraj

Customer name-chaitanya kumar k
Branch name:- gt branch parrys, thambuchetty street.
Group code-67020/43
Ticket no-43
Complaints:- i am a shriram chit customer making my payments on time, 1 chit with gt branch parrys chennai

Apparently due to some urgency, i had to bid my chit in the month of february which was on 6-2-2017 and asked to take a insurance policy for 10 yrs and i paid amount of rupees 25000. And also i had submitted all the required documents within 1 week, however as per policy and procedure prize money has to be provided within 45 days, till date i am running to get my prize money.

I have approached branch manager - vairakannu-[protected], navaneethakrishnan who is dm-[protected], i have found no positive response and no confirmation on the money.

I have decided to proceed legally and approach media to ensure how people are being misled and being cheated by investing in shriram.

There is no escalation matrix and i am not sure how the shriram leadership are taking this issue. I believe the leadership is not strong in running shriram group.

My best opinion is please don't invest in shriram chits and shriram group
Seriously they don't have any responsibility on customers.

Vairakannu is one of fraud member i ever seen and forcing all the chit members to take insurance policy.

The bid is allocating not in right way. They are allocating the chit to them self and rotating the amount for interest locally.

[protected] this is from madhira of khammam. Today morning your collection boy named vadde ravi called me and talking about a defalter of rs 51000.00 and asking me to pay the amount otherwise he attached the payment to my salary. I don't now how it is possible to attache without out legal procedure. Mainly i noticing you "i am not the garrenter of that chit." just my mobile number is there. Then also i said that to the collection boy... But he is talking too much and using unparlementary language. He said that go to office and complaint on me they do nothing against me... They can't do any thing...
So, please take a proper action against the collection boy and fill confidence to your costumers and garrenters...
If you not interest to solve this matter then i will go to the police.
Thanking you.
M v koteswar rao
Madhira.

Am a customer of sriram chits for more than 10 years. I have completed my chits due in the month of march and actually the last chit was december 2016. After 4 month completed also ur company is not ready to issue my documents. I am walking to arani branch every day but they are not at all bothering... What shall i do for this... Shall i take legal action or what. Let me know...

I have availed a vehicle loan at shriram chits. I received a call from your customer care stating that second emi has to be paid in cash only at local branch and have paid cash at your branch in vijayawada. But still, you have deducted emi from my bank account. This is how an well recognised organisation works. How can you do that? This is not fair on your part.

Sri,

Pl. refer the chit No.IBM 22/22 Rs.2.00 laksh started from the month of March, 2014 to june, 2017 and Personel Loan R.2.00 laksh No.NIZBRPL[protected] started from the month of Dec'2014 to Dec, 2016 sanctioned from Sri Ram Chits Pvt. Lts. Nizamabad Branch-II, which were already been paid and closed, hence I request kindly to issue NOC to the above chit and loan alongwith document papers as early possible.

From: Gaddam Limbadri/ Jyothi (wife)
Vinakangar, Nizamabad
Cell-[protected]