Shriram Chits Complaints & Reviews

Respected sir/madam

My self dr. m. a. rasheed (adilabad. telangana state) as u r old chit member
Ab lt 6/40 and ab lt 8/25 this two chits i have already taken with lots of problem.

Now i have a new chit ab lt 15/26, i am regular in payment of amount every month without fail but facing with lots of problem such as not entering my amount regularly
In online. still i have not received gift after 34 months.
All are involved in this game with sunil manager of branch. ali and dattu and sultan.
Please take necessary action against all this member.

This was my last and final chit o[censored] r company because i never expect this thing from u and u r company. i never be a member and i suggest to others also that this was a
Very bad company to customer and its relation and problem.

There are lots of things to say but i am not interested to discuss.

I hope u will do some thing. but i have a dought with u r company action.

Thank u
Dr. m. a. rasheed
Adilabad

Sir i deposit 20, 000/- amount at East Godavari, Samalkot branch . But staff have given no deposit bond then i will go to our branch and ask the staff why should don't gave me bond they said below 50, 000/- deposits are not permitted so we refund out amount of Rs 20000/-. they said this words last 2months.

plz kindly refund my amount sir.

name : Balla Veera Sathibabu, Nominee : Balla Devi
d.no. 16-15-60, Nuvvulagunta Street, Peddapuram - 533 437
Banck Account No. IDBI Cust ID: 86082052 A/C No.[protected] IFSC : IBKL0001509/ MICR:[protected]

Hi,

A worst finance company, they have been forced me to take a two wheeler loan with them, but now for non payment of 3 emis they brought 5 gundos to my home and rudely behave to ladies in house and also they seized my vechile. For seized vechile they dint give me the proper documents for seizing to recover their debt and also after recovery still they take money from my bank through ecs, almost going to be 3 months till now i dint get the loan closer paper. This problem is with shriram chits, tambaram branch.

I am a member in chits in anna nagar branch, madurai with 3 chits of 5 lac each (Total - 15 lacs).
I am in need of money & spoke to bm in the month of march 2016. I asked him that i will participate in chit auction. He said - not required but he will arrange one auction for me. He promised that he will give me chit in the month of may - 2016. After that, i put one more chit of 5lac trusting this firm / branch / bm.
If we say new chit, people are chasing us like anything, will appearing before us within 1 hour. But we talk about redeeming / withdrawing no office staff available for negotiation.
Now no response from the office side.
When go to the office directly, no staff were available.
When i call them right being inside their office, they were asking me to go home & they will come and meet me later which never happened.
None of my phone calls are being answered.
None of my msgs got a reply.
I am now fed-up with the non-responsiveness of your team.
I want to withdraw all my chits right now.
Show me a way. Else, i will have to take a legal action.

I have taken a bike loan. I paid all my loan amount. I called branch incharge to ask about my original rc book. But they won't pick my call. The chit section employee picked the call and said, "they won't response your call. If I told about you they simply neglect it". Kindly take immediate action on those irresponsible employees. Branch name : chengalpattu, tamilnadu
In charge of vehicle loan section: Mr.ragu

Sir,

Your invested amount Rs.25000/-shriramlife insurance in Anna Nagar 1, now your closing

balance amount Rs.42197 .I send my staff by your local address to find original certificate,

after that i send request form .


Thanking you .


Reg,


Shriram chits


to care


Hello Sir/Madam,

My name is XXXXXXXXX, I have opened Life insurance with Shriram Chits, Anna Nagar, Chintamani branch around the year 2007/2008. See below attached email note from the branch response on my query.

In fact the amount was transferred out of the maturity of a chit I had with Shriram Chits. I was demanding for full payment of the chit maturity amount. I had to make multiple visits for the maturity amount claim. The manager used to give some weird reasons as if there was no money with Shriram at all.

However, finally I was forced to go for Life Insurance with bit hesitation from my end. I had no other option at that time. I haven't received any documents or proof of the investment at all.

Residential Address used while opening the mutual fund.

Ponni Colony
Anna Nagar West
Chennai - 600040

Due to my job nature, Currently I am on deputation job at overseas. I badly need the money for a family medical reason. Please advice/help me how to get my amount back.


Note : At present, I have neither address nor dependents living in Chennai.


Thanks in Advance,


Apr 1


to care


Hello,

Any updates please?


Apr 16 (8 days ago)


to care


Hello,

Please let me know,

I am think of approaching a lawyer on a seen legal advise on Shriram handing my case/situation.


Apr 24
12:13 PM (25 minutes ago)


to care


Hello Care Team,


Looks like 'Care' team don't care the customers at all.

It is shame on your organization to claim "Numero Uno" in the Chit Funds Industry. You claim the tag line in a language where 99.99% of your staff and Customer don't understand what the hell is this means.

You don't even acknowledge my complaint/request.

Please share your MD contact details.

I don't know why your "so called" Senior Management don't publish any contact information and deals with public and public money.


I NEED MY MONEY RIGHT AWAY.

Respected sir
my name m g krishna my wife name m lavanya my marriage since two years completed ., more time doctors consulted my wife and husband problems so not concive iam poor family - doctors suggestion ivf treatment suggestion .

Now ivf treatment coverage amount esic

my no [protected]

நான் கடலூர் ஸ்ரீராம் சிட் கம்பனியில் ௹5லட்சம் சீட்டில் உறுப்பினர் .என் குரூப் 65015. டிக்கட் எண் 30.கடந்த ஜுன்
2015ல் ௹38000/கழிவு செய்து சீட்டை ஏலத்தில் எடுத்தேன்.
ஏலத்தொகை போக ௹442333/தான் காசோலை மூலம்
கொடுத்தனர்.௹4192/ ஐ 2010 மற்றும்2011 வருடததில்
நான் கட்டிவந்த சீட்டில் பாக்கி என்றனர். நான் தவணை
தொகைகளை வங்கி காசோலை மூலமே செல்லுத்தும்.
வழக்கமுடையவன்.அதனை வங்கியிலிருந்து கணக்கு நகல் எடுத்து தருகிறேன் என்றதும், இன்னும் பாக்கி
உள்ள சீட்டுகளின் தவணைகளில் மாதம் ௹500/கழிவு செய்து கொள்ள ஒப்புக்கொண்டு கடிதம் கொடுத்தனர்.

This is suman raj from pattukotai ..
I took two wheeler sooty pep in instalment on 21.07.2014 for 17 month duration with a monthly installment of Rs .2987...
Even after completion of insatments by Jan 2017 .. I am yet to receive my RC BOOK ...For my two wheeler.

I am the agent & customer in Shriram chits Perambur Branch, Here there is no customer service, details as follows.

1. No Information about chits and payment.
2. No Passbook for customer account maintenance
3. No response for customer phone call.
4. Irresponsible answer delivered.
5. No Payment collection on time
6. Very delayed chit money payment( After 36 to 45 days of Action)

House-mortgage loan for 5, 00, 000/- Kandakatla Shobha w/o Sudhakar Narsampet Acct No: WARN2-[protected] We got phone call(Name: Dharavath Bhadru, Mobile No:[protected]) in July-2015 from SriRam chits office and learn that we have surety for this loan and they are not repaying loan amount as per agreement. It was shocking news and fraud. We immediately went to Warangal Sriram chits branch and met available employees (Branch Manager- P Raghu and Executive- D Raju) of Sri Ram chits and reported that we don’t know about this surety and about debtor. And also verify in branch it looks like forgery signature and some stolen documents related to us has been attached to this loan. We request you to kindly investigate this financial fraud and resolve this issue. Steps we did when hear about this surity. When we got phone from Sri Ram chits land line, immediately went to Warangal branch office. And gave written complaints. But they are not willing give us acknowledgement for our complaints. We went multiple time with our friends and family friends, but they are not taking any steps to resolve this issue. They said that if that man failed to pay then in the end you can pay it and buy that man’s house. We are not understanding of their intention. To our wonder even police (Narsampet PS, Waragal) also not taking complaint. So we reach out this forum for help. Currently we don’t have their land number, however few time got phone call from Manager (Warangale 2 branch manager (Raghu)) his contact number is[protected]. We also met Assistant general manager for next level complaint (AGM (Vasudevarao):[protected] in the Warangal, but no luck.

I am A. Mathiazhagan member of chit ( Branch/Group/TKT : 4380/84008/20 ) and I have allotted auction on 10/10/15 at Shriram Chits Mogappair branch. The next day I met the branch manager Mr. Anbarasu and got the documents need to submit. I have submitted the document on 20/10/15. I have been discussing with Agent (Mr. Loganathan), Branch manager (Mr.Anbarasu), Divisional manager(Mr. Senthil), HO (Mr. Sivaraj) and director PA (Mr. Sivakumar)for the past 60 days and I am not getting firm confirmation The branch manager forced me take insurance and I have refused. He is now purposefully delaying for last 2 months. The service is very in Shriram chits and No there is No response from them. I need money very urgent . Kindly take necessary action. A.Mathiazhagan - Chennai Maogappair Mobile : [protected]

My Compalint is on Shriam Chits (K) pvt Ltd (NBFC) I had several chits with this company I use to pay regular and when I had bid the Prize Money was not paid in time as per Chit fund Act and for my delayed payment it has charged me interest and on every payment they dalyed till six to seven months and not ready to pay interest. I want to get interest on delayed payment. And this is not only my case many of the innocent subscriber who has ivested hard earned money are not getting payment on time apart form that it is charging services tax @14% and Verification charges ( hidden charges) . Kinldy help me to get delayed payments interest of Rs 23555 + mental agony cost 50000/= not able to meet finanical commentments of other due to non reciept of Prize money payments and legal Cost ( 10000) incured due to no fault of me. for all my investments.

Group /Ticket Chit Value Aut Date Pay Date Paid Date Delay Days Int payable
1550/37002/34 50000 9/7/2015 16/7/2015 [protected] 107 2092
1550/69001/4 500000 10/8/2015 17/08/2015 12/11/2015 87 17612
1550/53006/18 100000 9/1/2015 16/01/2015 18/03/2015 61 2386
1550/53005/3 100000 9/1/2015 16/01/2015 21/02/2015 36 1465

I had taken a policy in shriram chits pondycherry. But they didnot response well. once i got a policy generated sms on september, till i didnot get bond and even a good reply.They told me that due to some reason they refund my money but they won't

I am holding chit 67013/6 at Santosh Nagar/Saidabad Branch. I have 3 fixed deposits of 1, 20, 000 each. for which date of maturiry is over. Two bonds have been cleared and amount have been deposited to my account, but one bond they have held up till now and did not deposit. I am a regular customer of Shriram and this is the attitude of the FD executive of the branch. Please look into this and update the status

Dear all don't ever take any thing from shri ram i am facing and experiencing the worst situation by taking a loan and taking a chit in shriram the agent and the employee has cheated they gave commitment and still we are back of them they wont keep on there words we are struggling a lot we have taken a loan from sri ram to close that loan we asked the agent if we take chit to close the loan how many days we asked him he told we will give in the month of july 90% or else august 100% he said and he took a form filled with us and he told to pay 3 months amount at a time were a chit was lying vacant in a branch in the month of june so we paid in the month of june 55000 and july month also we paid and next august month also we paid but still they haven't given when we ask for which branch he is a employee of kothapet branch name yada giri mobile no, [protected], [protected] he gave it to a agent name vijay bhaskar reddy [protected] who is an agent of santosh nagar branch and he is so rude when we go and ask in the office in the month of september is was fully drunk in the office and was screaming to give the chit to us he was fully drunk and the promised us to give in the month of august still we waited we are paying loan of 15000 per month for the loan and now for the chit every month 13, 000 we are unable to pay due to this persons we are facing problem the employee yadagiri has brought another employee who is a manager of lb nagar to tell that this month we will give chit in the month of September but till now there is no proper response literally we have been cheated buy the employee yada giri mobile no, [protected], [protected] and agent vijay bhaskar reddy [protected] we want to get back our money which we have paid if we go and ask they are saying we will deduct 50, 000 this is ridiculous. i want my money which i paid because we are unable to pay for the loan as well as chit these people cheat

Sir i am also facing the same problem the agent and the employee has cheated they gave commitment and still we are back of them they wont keep on there words we are struggling a lot we have taken a loan from sri ram to close that loan we asked the agent if we take chit to close the loan how many days we asked him he told we will give in the month of july 90% or else august 100% he said and he took a form filled with us and he told to pay 3 months amount at a time were a chit was lying vacant so we paid in the month of june 55000 and july month also we paid and next august month also we paid but still they haven't given when we ask for which branch he is a employee of kothapet branch name yada giri mobile no, [protected], [protected] he gave it to a agent name vijay bhaskar reddy [protected]who is an agent of santosh nagar branch and he is so rude when we go and ask in the ofc in the month of september is was fully drunk in the office and was screaming to give the chit to us he was fully drunk and the promised us to give in the month of august still we waited we are paying loan of 15000 per month for the loan and now for the chit every month 13, 000 we are unable to pay due to this persons we are facing problem the employee yadagiri has brought another emplyee who is a manager of lb nagar to tell that this month we will give chit in the month of september but till now there is no proper response literally we have been cheated buy the employee yada giri mobile no, [protected], [protected] and agent vijay bhaskar reddy [protected] we want to get back our money which we have paid if we go and ask they are saying we will deduct 50, 000 this is ridiculous.

Sir, i am thangam from salem.i applied personal loan from shriram chits tharamangalam branch.i got three lack as personal loan.i submitted five pdc 's for my loan purpose.my first due on 10.10.2015.but they debit Rs.7000 from my bank account using my pdc's without my permission.branch manager not ready to give me proper information about the debits. manager name:srinath staff name:mani shriram chits pvt ltd tharamangalam branch Salem Tamil Nadu

Copy of letter still unresolved:
From [protected]
N.S.Vijayalakshmi
(w/o Dr.S.SANKARAN
Dean of Civil Engineering
S.K.P.Engineering College,
TIRUVANNAMALAI-606611)
Ph:[protected]
To
The General Manager
Shriram Chits Tamilnadu Pvt.Ltd
5th floor, Greams Dugar
149, Greams Road
Chennai-6
e-mail: :[protected]@shriramchits.com

Dear Sir,
Sub:Shriram Chits TN-Customer N.S.Vijayalakshmi- Non-prized Chit has become Prized Bid without the knowledge of customer for which a penalty was also collected from customer- Lodging protest and complaint along with request to regularize immediately- Reg
Ref: List of my dealings with Shriram cited below
I have following dealings with Shriram Chits TN in the branches of T.Nagar II & Tiruvannamala*i.
Sl.No Group & Tkt.No. value (Rs.) Total No.of Instalments Current Instal-ment No. No.Of Instal-ments Pending Auction Date Full Instal-ment Value (Rs) Bidded value for this month (Rs) Remarks
1 4790/03002/22 2500000 50 28 22 10th 5:00p.m 50000 420000 Prized on[protected]
2 4790/84002/18 1000000 40 23 17 10th 5:45 p.m 25000 202000 Notified Prized but not actually prized
3 4790/80005/21 1000000 50 15 35 13th 5:00 p.m 20000 Non-Prized
4 4210/80008/19 1000000 50 42 8 13th July 2015 20000 Prized on[protected] & Payment not received
*In addition I am paying about RS.1, 30, 000/- per year towards Shriram LIC
Out of the above chits, I have prized the chit (4210/8008/19) on[protected] & the chit (4790/03002/22) on[protected].In this connection, I have completed all the formalities to receive my claim for Bid No. (4210/8008/19) and was begging the T.Nagar II office for claim. At this juncture it came as an irrecoverable shock that my claim at T.Nagar II was being delayed due to the reason that the non-prized bid No.(4790/8002/18) No. has been notified by Shriram Chits as Prized since months ago for which it was recorded that I was unable to provide sufficient Surety to claim the same. Adding to my mental agony, I was further asked to pay a penalty of Rs.5000/- which was also paid by me on[protected] by cheque..
Hence I request that the following may be done immediately by SHRIRAM CHITS:
(i) Conversion of Bid 4790/84002/18 from Non-Prized status to Prized status with immediate refund of penalty collected from me
(ii) Release of prized money of my chit No. 4210/80008/19 for which sufficient surety was already furnished
(iii) Release of prized money of my chit No. 4790/03002/22 immediately after submission of required surety

I submit with pain that if all my above requests are not fulfilled, I may have no option other than moving with Cosumer Redressal Cell to express my mental and sleepless agony and seek for a suitable compensation along with a copy to the Superintendant of Police, Tiruvannamlai with a request to book a case of cheating.
Thanking You and with warm regards
Yours faithfully,
*
(N.S.Vijayalakshmi)
* Sent by e-mail
Copy to:
(i) The Branch Manager, Shriram Chits TN Pvt. Ltd, T.Nagar II, Chennai([protected]@gmail.com)
(ii) The Branch Manager, Shriram Chits TN Pvt.Ltd, Tiruvannamlai ([protected]@gmail.com) for necessary action in this regard

A V Sekhar Sasank #74-12/6-2, Electricity Colony Road No. 4 Patamata Vijayawada – 520 007 To The Branch Manager Shriram Chits Pvt. Ltd., Ibrahimpatnam Attn. : Mr. A Vara Prasad Ref. : Your Letter Dated 4th March 2015 received by us on 9-4-2015 and Letter dated 05/06/2015 received on 13/06/2015 Reg. : Outstanding Amount w.r.t Chit Ref. 3505/67006/49 Manual Code – VTLX06 Dear sir, With reference to the above, I would like to inform you that I paid all the installments and no dues are pending from my end. In this connection, I would like to put some facts w.r.t. the outstanding amount showing in your books of records as mentioned below: 1) I use to pay all the instalments in time on monthly basis without fail to Mr.Ramayya, then branch manager against receipts. 2) Likewise paid the last installment also to him on[protected] and was told that the receipt will be sent along with chit closure documents in a couple of days. 3) Till then we were continuously following him on his mobile No. [protected] but did not get reply and after about 2 months, we came to know that he was transferred from the location and you took charge in his place. 4) Later, when we contact you, we were told that the issue will be handled and settled in an amicable manner but did not yet. 5) In the mean while during our conversation with you this month, we are informed that the amount we paid to Mr.Ramayya towards last installment of the said Chit was credited on my name for a new Insurance policy bearing No. NP[protected] by Mr.Ramayya, about which I was neither informed nor accepted. The same was created without my notice and with fabricated documents with forged signatures. Hence, you are requested to do the needful to look in to the matter and close the issue in my favour as I am not due any amount to Shriram Chits failing which I have no other option other than proceeding for legal action against Shriram Chits. In mean time we had contacted Mr. V.V.R. Murthy Divisional Manager several times But nothing had happened Regards A V Sekhar Sasank Cc- 1. Divisional Manager 2. Regional Manager 3. Zonal Manager 4. Head Office – Hyderabad 5. Registered Office – Chennai