Shriram Chits Complaints & Reviews

Address: Tirunelveli, Tamil Nadu, 627001

I have two chits with shriram chits, tamilnadu in tirunelveli branch. The first chit taken by me was paid and for the second chit the company has not paid the amoun even after 4 months and i am paying interest at 3.5% per month towards hdfc credit card. Hence, the company may be directed to pay me the amount with the above interest for my chit amount & the insurance amount.

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Address: 500008

Hi,

Actually cheque has been issued on my name, but mehdipatnam branch staff has informed me after completion of validity of cheque. So later i gave a request letter to issue the cheque again. But till now i didnt get it. And again today i got a call from mehdipatnam brach that another cheque has been issued with my name amount 700 rs on april. So again the cheque validity has completed. What is this ridiculous happening in mehdipatnam branch. The staff is very bad. Now who is responsible for my old cheque...

Kindly please take the action on this.

Thanks,
Azeez basha shaik.
Mob:[protected]

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Sukubsc

from Madurai, Tamil Nadu

Aug 16, 2017

Shri ram loan – cheating company – fraud persons using shriram finance name and get money for 10 % deposit giving personal loan this is sukumar from madurai, i have got a call on 05th jun from

Mr. Siva from sriram finance arranging personal loan upto 3 lakhs with 7.5 % rate of interest and told me that i must pay rs. 30, 000/- for caution deposit. I am told not interest. But many more time

He is tellhime finaly i have pay via dd from shri ram life insuran name 10th july and paid rs.30000/-. The next day i called sriram finance customer care for verification and i knew that they don’t

Have such a scheme for personal loan and said that nobody working in the name of the above said person after that i have called mr. Siva, ms. Hema, mr. Gopi, mr. Vinoth all are fraud. Again i called

Siva mobile number, some one persone take the phone he is medical level. I arrange that loan process. But today 8th august not arrange the loan, last 1 week he is not respone my phone number,

My mobile number put on block list. I try to another another number he is answer not probley. Finaly i got one number that he was sr. Manager he is asked rowdy speaking to me, i am very

Disappoinment. Every call person voice i stored in my mobile number.
How to i cancel the shri ram life insurance policy. Please help me. I am a middle class family. I would arranged the loan for my hosipital treatment shriram loan guys cheating me & my treatment also.

Thefraudd address and above details dot avoid that

Shri ram life insurance
No5, thomas nagar, ullagram, chennai -91 (Madipakkam)
Fraudud email id : [protected]@gmail. Cofraudrud phone number :
1. +91 [protected] (Branch manager)
2. +91 [protected] (Siva & vinoth)
3. +91 [protected]
4. +91 [protected]
5. +91 [protected]

Fraudfrud hema : +91 [protected]

Fraud company and cheating the public

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Address: 620017

I am sundaresan, i already customer past 10 years in regular customer. I joined shriram group chits, for your reference details group no & ticket no 53057/31 & 53057/32, still now i got your notice, not pay the instalments, i was shocked, already i given pay shriram executive s. Nagarajan pay past 27/10/16 rs 22500/-account credit the axis bank ac[protected], imps payment for the axis bank, but not given the any receipt the shriram executive nagarajan. Again i pay the january 2017 rs 4000/- given nagaraj. Again i pay feburay 2017 15/02/2017 in your nagaraj executive told, he is coming person sureshkumar ac[protected] was credit the amount rs 5000/-, whenever i called the nagarajan. He told i got receipt on the way i will give a receipt, again i called they told wait again wait, still now i called i clear the payment instalment, just wait sir, he is standing to cheating person in the nagarajan, i have evidence got transfer the amount rs 22500/- idbi statement. Still now no response the executive sureshkumar and nagarajan, what i do sir? I dont pay the any penality amount, still now i will ready to go to legal action for necessary action, pls do the action for the reasonable action.

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S

Sukubsc

from Madurai, Tamil Nadu

Aug 16, 2017

Shri ram loan – cheating company – fraud persons using shriram finance name and get money for 10 % deposit giving personal loan this is sukumar from madurai, i have got a call on 05th jun from

Mr. Siva from sriram finance arranging personal loan upto 3 lakhs with 7.5 % rate of interest and told me that i must pay rs. 30, 000/- for caution deposit. I am told not interest. But many more time

He is tellhime finaly i have pay via dd from shri ram life insuran name 10th july and paid rs.30000/-. The next day i called sriram finance customer care for verification and i knew that they don’t

Have such a scheme for personal loan and said that nobody working in the name of the above said person after that i have called mr. Siva, ms. Hema, mr. Gopi, mr. Vinoth all are fraud. Again i called

Siva mobile number, some one persone take the phone he is medical level. I arrange that loan process. But today 8th august not arrange the loan, last 1 week he is not respone my phone number,

My mobile number put on block list. I try to another another number he is answer not probley. Finaly i got one number that he was sr. Manager he is asked rowdy speaking to me, i am very

Disappoinment. Every call person voice i stored in my mobile number.
How to i cancel the shri ram life insurance policy. Please help me. I am a middle class family. I would arranged the loan for my hosipital treatment shriram loan guys cheating me & my treatment also.

Thefraudd address and above details dot avoid that

Shri ram life insurance
No5, thomas nagar, ullagram, chennai -91 (Madipakkam)
Fraudud email id : [protected]@gmail. Cofraudrud phone number :
1. +91 [protected] (Branch manager)
2. +91 [protected] (Siva & vinoth)
3. +91 [protected]
4. +91 [protected]
5. +91 [protected]

Fraudfrud hema : +91 [protected]

Fraud company and cheating the public

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Address: Visakhapatnam, Andhra Pradesh, 530001

Dear concern
My name is y. Kalyan chakravarthi deposited my chit amount which was going to mature on 07/11/2017. With out my notice raja rao named agent put my bond as surety and escaped after getting notice i went to office and enqiured reg the notice received by me the office staff did not support me. After that i came to know that he was a collection agent how a collection agent can get the details of customer without help of manager and other staff. Recently i know that the old manager was fired and the recent manager did not know any thing. This is your branch management.

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Jul 18, 2017

Updated by Kalyan Yedla Dear Concern
My name is Y.kalyan chakravarthi deposited my chit amount which was going to mature on 07/11/2017.with out my notice Raja Rao named agent put my bond as surety and escaped after getting notice i went to office and enqiured reg the notice received by me the office staff did not support me .After that i came to know that he was a collection agent how a collection agent can get the details of customer without help of manager and other staff.Recently i know that the old manager was fired and the recent manager did not know any thing.This is your branch management

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Sir, i am ch muralikrishna resident of ramachandrapuram east godavari district in ap. My metured amount of money is not given by ramachandrapuram branch. My a/c no ln[protected]. She says it will dispassed in[protected]. But today says that take 10 days time. Actually it is metured amount in the problem of duplicate bond. Now still says this answer. So please take necessary action to this branch and plz credit of my money immediately. Thanking you sir

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Address: Ranga Reddy, Andhra Pradesh, 500047

I took gold loan in the month of april 2017 in the amount of 2 lakhs with interest rate @ 0.95 paise. Now after completion of 3 months when i'm here to pay interest the management says new interest rate is rewised and it is 2 rupee.
How that is possible when it is no proper intimation to customer. And management does not have any proper documentation in regards to rewise in interest rates.

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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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Address: Mysore, Karnataka, 570008

I am your customer for the last 20 years, but things has changed in mysore office not for good but for bad reasons. No followups and not conducting chits at right time. I have not received any information about chit and none of them has the right information regarding the same. Please let me know what has happened to my chits money. Kindly get a positive response at the earliest.

Jul 17, 2017

Complaint marked as Resolved

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Dear sir/ madam,

I was working with smile establishments pvt. Ltd. While applying for personal loan in february 2016. It was sanctioned on the basis of my basic salary and bank account statement. I have granted with loan of rs. 240000/-. Since then i am paying rs. 9560/- against installment of my loan.
I lost my job with smile establishment pvt. Ltd from august 2016, but it does not affect, paying of loan installment. I am paying it from my saving and other financial sources for next 10 months i. E till april 2017. But now it is impossible for me to continue the same for next few months.
I am setting up my new business named "mahavanam craft llp", in which we are manufacturing all kind of wooden art. We have our workshop based at morshi and we are selling our products through online marketing along with booking some art stores and appearing in art exhibitions also.
I humbly request you to stop my next loan installments till next 7 months. I. E. Till january 2018. You can recalculate the remaining loan amount and loan installments and inform me. You can restart the next installments with required amount from january 2018.
Humbly request you to consider my application and recalculate my new installment amount instead of taking any legal action against me.

Jun 12, 2017

Updated by Manoj Sawarkar Dear sir/ madam,

Your amravati office staff i. E. Reception and the other officers even refuse to accept the application of loan installment relaxation letter, which i am going to submit with due respect to the company. They are even disobey and misbehave with me saying, "this is not acceptable and we cant receive it". Even after lot of request they have refuse to take my application for further process.

This is the ridiculous experience i have been taken in your amravati branch office.

Hope you will take serious further action to recover the same in the future and assist your valuable client.

Jun 17, 2017

[email protected]'s response I ve not recd int

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[email protected]

from Bhattiprolu, Andhra Pradesh

Jun 26, 2017

I ve deposited 135000 wide fdr no 50369568 on 06122016
It seems sriram city union finance don't have money to give interst and they ve paid 2 months int only not paid int for the last 5 months

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Address: Chennai, Tamil Nadu, 400086

Website: www.shriramchits.in

Pondicherry branch has kept Rs.250, 000 of the chit amount as a deposit (lien) one year before and the chit was closed 6 months before. The deposit was also due on 2nd June 2017. But the deposit amount was not credited to my account. When I have enquired with SCUF it is informed that the lien is still not removed and they have not received the deposit receipt for making the maturity payment (SCUF). The service of Pondicherry branch of Shriram Chits is the worst from the beginning.

I request the concerned authorities to make the payment urgently

Regards,

Sathappan
Chief Operating Officer
Emirates NBD Bank India

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Address: Guntur, Andhra Pradesh, 522101

Website: shriramchits.com

I am a subscriber fo Chit No. 69005/7 with Shriram Chits Branch at Bapatla (3453) for 40 months for Rs.500000/- and paying the instalments regularly.
On 30 th Monthly Auction, on[protected], I was the successful bidder for Rs.34500/- and hence I have to receive Rs.465500/- minus documentation and other charges if any by[protected] ie., 30 days after the day of action, as per Company's rules. On the same day, I submitted all the necessary papers including my husband's LIC policy duly assigned in the Company's favour
a few months back. The SV of the policy is covering the surety amount required. Subsequently, the documentation was also completed. I have also given the copy of the Bank details for crediting the amount to the Bank account directly.

But so far, ever after 40 days, the amount is neither paid not credited to the Bank's account till now, in spite of my repeated reminders to the BM. Even the concerned Div. Manager at Tenali had expressed his limitations. However, he assured that he will see that the amount is paid at the earliest.
But, not so far paid.

Now my submission is:
1) Please arrange for the immediate payment of the amount.
2) Pay interest @18% for the delayed period beyond[protected].
KINDLY NOTE THAT I AM VERY PARTICULAL ABOUT THIS INTEREST ASPECT, FOR THE ILL TREATMENT given by your BM at Bapatla, even though he knows that I am associating with Shriram since 27 years, with excellent track record of prompt payments. I had a several complaints against your
Bapatla Branch, which I can explain personally only to your executives, if required. Any how, I decided to close down all my business with your Bapatla Branch, with full dis-satisfaction.
G KRISHNA KUMARI [protected] [protected]@gmail.com

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Akkinepally Muralidhar Rao

from Hyderabad, Telangana

Jul 10, 2017

Chit Reference : NOV/ 18 / 25

Value : Rd.50000/-

Period : 50 months

Though chit period ended on 12 th May so
far my amount is not, the
Foreman / Manager being a currupt fellow
is delaying.I request immediate action and get my amount with interest .

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Address: 500032

Website: www.shriramchits.in

I have given support surity for one of my friends chit. I am receiving frequent calls from shriram chits exeuctives are frequently. I clearly told that i did not give surity for his repayments, even then they are calling. Their numbers are
[protected] and [protected]. Could you please help me in stopping them to call and should i register a compliant on them

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Address: 603209

Dear Sir

My brother Mr.S.Vadivel joined in your chit fund for rs.3, 00, 000 in Maraimalai Nagar branch. On completion he took the chit amount. During that time he was compelled to take 50000/- insurance and 10000/- to be deposit in your organization. They have given only Xerox copy of the FD Receipt because he had taken another one lakh chit. After paying full amount of one lakh chit then only he asked for Original FD receipt that also not given to him and more than a year they have made him to meet for this amount. He is uneducated and he agreed what your people told. The deposit amount of Rs.10000/- deposited on 07/05/2014 and it got matured on 07/05/2016. (amount payable with interest 12046/-) mentioned in the receipt. From 8th may 2016 till now he was going to your office in maraimalai nagar every month to get this amount. In Maraimalai nagar branch Mrs.Uma got signature of Mr.Vadivel in blank white sheet and told him that she will fill the mater and send it to the head office for the original FD receipt and payment. My brother Mr.Vadivel believed this and signed in the blank white sheet. This happened 4 to 5 times whenever vadivel went for payment to your office.she got the signature from him and she told that she lost the paper. When contacted over phone she totally denied that she did not get any signature from him.

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Address: Visakhapatnam, Andhra Pradesh, 530011

Website: Sriram chits

Sir iam, p Appalaraju Custmer of Sriram chits since last 7 years recently I make a payment through cheqe but not credit on my ticket number, iam asking branch manager, but he was not answering properly what iam doing? My suggested to me go to legal advisor, I meet a lawyer he told complaint first Sriram chits head office on this issue but iam already complinted on this issue but they are not sloveed my problem now what iam doing, i don't know becausr iam go to court, my name PallA Appalaraju chit no:50004/39 dwarakanagar branch Visakhapatnam, andrapradesh I think this issue Jan, Feb, month please slove my problem as your possibly, if you are not solve my problem iiam seriously take action legally ones iam go to court not dropped so please help me

May 19, 2017

Updated by Palla appalaraju Iam PallA Appalaraju iam number of Sriram chit group 50004/39 dwarakanagar iam payment done by chq month of Jan, Feb but not credit my ticket number, plz slove my problem, if you are not solve my problem I will take a legal action on Sriram chits, please iam your's respected Custmer p Appalaraju mobile:[protected] please help and punish the fraud persons I think manegar was very fraud, iam call to them but he was told not my responsibility, you ask your agent, but that person now not working in Sriram chits company whose responsibility on my amount, if you are not solve my problem, take a legal action on Sriram chits, and branch manager please Dont dragged this issue, iam hope on you and your's sincerity, please help Me sir iam very struggled on this issues

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marati ravi

from Hyderabad, Telangana

May 22, 2017

Working hours 10pm to 6pm or not
Rtc x road branch
5.30pm closed to the counter
Change to the board infront of branch
Please don't waste costumers time...

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Ambati Vishnu

from Hyderabad, Telangana

May 29, 2017

I'll already paid my two Wheeler finance I told to manager suresh I need noc quickly but he supported and also he promised I'll be give u with in a week but when I called to suresh he just telling I'll be sending to ur home it's third day he just telling it's almost 13 days he not responding

Fraud on cheque payments - Comment #2743225 - Image #0

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Abdhul Azeez

from Hyderabad, Telangana

Jun 5, 2017

Hello..
I am requesting to get my chit amount from past two months but they are very careless about it, Tirupur branch RM behaving very rude to me doesn't and he doesn't as a responsiblity to his post.
Making me shame in front of his staff and customers
Not taking any action to my problem from past two months what is this..it hurts me lot...

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Address: Krishna, Andhra Pradesh, 521301

My name is padmaja. Me & my brother has taken 5 lakhs chit in shriram chits gudivada branch. My brother had taken the auction in the month of august 2016. Shriram chits paid the money in the month of january 2017. Now i had taken the chit in the month of april 2017. Till now they did not started the procedure. And they are saying it will take 4-5 months time to get my money.
This is too much. When we require the money then only we...

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Address: Chandrapur, Maharashtra, 442402

DEAR SIR
my chite no 67051/46 name Kshitiz Vinod Khandre Chits amount is 50000.00 (five lake only) i have not resvied payment from chandrapur branch the manager toll that we have fund unable to our shriram chits from last 1 month i did not resvied payment sir please do some think I have submitted all the documents at the chandrapur branch office

Thanking you. Kshitiz Khandre
[protected]

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Address: Visakhapatnam, Andhra Pradesh, 530001

Website: Www.shriramchits.com

I paid rs10000/- vide receipt no 50300983 against the chit reference no vhsb-01/2 chit value is rs400, 000/-at maharanipeta visakhapatnam branch on 6/10/16 on the advise of smt s. Laxmi the then employee of that branch. I have not been receiving any information regarding the status chit auction till march 2017. On[protected] i submitted representation for refund of amount rs10, 000/- which i paid to smt t. Bhavani employee in that branch. But it is very sad that i have not received any information from the maharanipeta shriram chits branch. How the branch is cheating the customers in this way. Kindly look into this issue for early refund of my amount rs 10, 000/-. Thanking you, yours faithfully n. Nagabhushanarao. Vishakhapatnam.

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crnnagu

from Chennai, Tamil Nadu

May 10, 2017

I joined 10lakh chits n paid 3 months rs 53000 but I decided to close n sent letter to you Kanchipuram, tamilnadu branch 25 days back.till now they not refunded my paid amount
R.Nagarajan
[protected]

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Address: Kurnool, Andhra Pradesh

Website: www.google

Inkurnool srirama chit fund manager cheated the public on joining new chits without intimate the company norms. in one member of smt ar nagajogula issuffered chit no 80005/29 one instalment collected not issued any book and further intimations. another thing he is promissed to lift th chit in 2 nd instalment paying time. he fails to lift the chit. another p bramhaiah one of the chit agent also cheating the subcribers in srirama chit fund.hence refund my first instalment amount of rs 20250 /- who has collected both employees of srirama chits.the staff members are not available within the company timings. there is no matainence properly

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Address: 563115

I have signed surety for one mr. Bernard who is running catering at sambhram hopital, d. K. Halli, beml nagar. Mr. Bernard is known to when he has done catering to my house warming ceremony. One of his loan representative from kuppam has took signature from me in all the two booklets without filling anything. Now i wanted to withdraw my surety because i am having more liabilities for my housing loan which i took from canara bank. Please advise shrima chits to wwithdraw my surety and take alternative surety from some one else. Accordingly advise mr. Bernard.

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Address: 625001

Website: shriram chits

Iam a deposit holder in shriram chits which got matured on 15.03.2017 I submitted maturity instruction at the local office on 13.03.2017 and asked them to credit the maturity proceeds to my account, Even after 21 days they have not credited my account .I have also spoken to the DGM who is always praising about their good company service but not able to rectify their mistake in processing . This is not the first time iam facing the problem with this company . I have 8 such occasion where they have reneded very poor service . They are also very late in sanctoning the prized amount to the customer . I intermintently spoke to all the higher persons in the company right from the Branch Manager, Regional Manager, DGM Admin at chennai office . Inspite of several repeated request and instruction they just dont hear it .

Shriram Chits Complaints & Reviews

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Shriram Chits reviews & complaints page 12

non payment of chit amount & insurance assigned amount

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two cheques are expired

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shriram chit complaint for staff executive for nagarajan

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cheating of your agent

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Fraud at ramachandrapuram shriram chits

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Renewal and interest rate

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Delay in processing loan and executive is not showing interest to make it happen on time.

45 days over after bidding 5 lakhs chit at mysore on may 9th 2017

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Relaxation in period for loan installment

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Deposit lien not removed and payment not made on the due date

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Non payment of chit auctioned amount even after 30 days.

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Shriram chits executives are harassed by calls frequently

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Fixed deposit amount not received

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Fraud on cheque payments

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The worst service is providing in gudivada branch

Not received the payment

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Refund chit monthly subscription

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Cheating by manager

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Withdrawal of my surety

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Fd maturity benefits not recd even after 25 days after maturity

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