Shriram Chits Complaints & Reviews

Sir,
Chit Ref. No.[protected]
I have taken Rs.5-0 Lakhs Chits last month
and ready to give my life insurance Policy from SBI as surety, paid up amount Rs.6-0 Lakhs, coverage 15-0 Lakhs,
But they are NOT considering the Policy as surety and asking for two Govt. working Staff as surety (I don't have sir),
So kindly take my SBI LIC as surety and release the Payment,
OR
give that bid to someone in the Group since it is 5/50 months only completed,
OR
Cancel my Chit and adjust the paid up amount to my Mrs.Uma Maheswari Chits[protected] future 4 dues (36/40 paid),
Thanking You
V.Soundararajan
[protected]

Hello, I had opted for Rs.10 Lacs chits for 48 months. After paid, Rs.1, 60, 00, I got a negative feedback from various resources about this and voluntarily terminated and informed thru mail, phone and branch to return my paid money. Despite of phone confirmations, got a numerous calls to continue and told firmly not to proceed. Even after 16 months, they did not return money. Then escalated step by step, Helpdesk, Branch, Division, HO and then VP, Compliance. But pathetic response. Eventually after heavy mail exchanges, they have deducted Rs59000 (fifty nine thousand) from my paid money as a PENALTY, where there is no written record published or signed by me for 5% of penalty of Chit Value, , which is ridiculous. Complete Cheating. Never shared these information's to the client. Request these forum to get my deducted penalty money along with 16 months interest component

I am member of chit 4270/265019/9
I have around 10 chits at Purasawalkam branch for last 15 years
I had bid above chit on 22 Aug 2022
and had submitted all required documentation on time
I am yet to get the prize money even after 43 days
My complaints to their Greams road ho since 10 days is not resolved
Need prize money with interest @ 18 % from 22 Sep 22

My Shriram chit reference number is PMT07/29 Name : V Uma nageswari
I was completed my chit in July 2022.
But your staff cannot give my records ( (bank checks, gaurantar bond etc) chit value is 10 lakhs,
Chit started in January 2019
Chit completed in July 2022
I requested you please give my record

Auction Completed one month back. My chit amount not released even after a month. We had told them that we are going out of station and wont come back in the near time and requested them to finish all document formalities infront of them before we leave. They said ok and all the signatures were completed. Now we are out of station and they started drama by saying some signatures are still missing etc... This is really pathetic. I need a resolution on this.

This is not first time. Last time we had completed auction for another chit and Shriram Chits literally shown us torture to release our amount and they took more than 2 months to release the amount. They had forced us for extra investment and then only they said they will release the amount. They did lots of drama.

This branch is worst. I never suggest any person to opt for Shriram Chits. Its a fraud company.

Branch Code: 3500
Group No: 67011
Ticket No: 35

They take your money your money and never listen to you report them now to glo ba lrec over yfu Nd .or g they will help you retrieve your money

No response, very slow to say sorry that to recently. Manager not lifting phone. I am a member of chit .I have deposit also we are regular payers.

I live in gandhi nagar, coimbatore-641024.In my locality there are around 10 or more dogs creating lot of disturbances and nuisances. There are lots and lots of dogs in this street and they occasionally run across a speeding vehicle causing mishaps to the travellers while them themselves escape with little or no injury. Things have gone from bad to worse in the past few months with incidents occuring almost everyday and night whenever I try to use the lane to reach office. The worst of them is the dogs which always chase almost anyone who tries to use the street. I have missed serious injuries more than a dozen times now.
.So i request u to send the dog catchers team, as early as possible.Plz do the needful

I had taken the chit of ₹3, 00, 000/- with a bidding amount of ₹30, 500/- on 18/06/2022 at 4109-SELAIYUR-SCT Branch. My name is M.Dhastageer, Chit No. is 163174/34, I have already done the documents formality, up to this time I have not received the Payment. I request you to kindly do the needful at the earliest.

Hi Team, Shriram Chits is holding the security amount inspite of clearing the chits dues on time.
Request you to consider and help

Regards
Narayana

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....

Past one week trying to connect... Not at all picking the phone.. worst customer service

Hi team,

An employee of your company has taken money from me which is supposed to be paid to my Sriram chits policy and got transferred to a different branch and didn’t not paid my policy. Please let me know what are my next steps .

I have received a letter from Shriram chit fund continously and note im not take part in Shriram group of companies

M MUTHU 43 NEW KUBERANAGAR MADIPAKKAM...i joined 2 chits and paid rs 40000 for two months...due to delay in starting and also my financial condition is bad i withdraw the chits and applied refund 3 weeks back in MADIPAKKAM BRANCH, Till i am not getting refund amount...please kindly refund the same as early as possible

I joined a 10 L chit with Shriram chits with TNagar branch during July 2021 and paid Rs 22200 on 24 July 2021 and Rs 20000 on 06 Oct 2021. So far I have not received any update from the branch even after several calls. When contacted the branch manager he said this particular chit has not been registered.
My question is, if not registered why did they get money from me??
I want proper response or I want my money back with interest.

My prized Chit.No.3356/80010/6 though declared as prize winner in September, 2021 and submitted the required 3 Sureties to the Branch Manager Mr.Manikantha of Srikakulam-1 in September, 2021, I received notice today that I have not submitted the required Sureties and hence deposited my prize money of Rs.6, 80, 000- in Bank.
Kindly investigate into this matter of cheating the Subscriber, and arrange disbursal of my prized money within a week.

Inspite of declaring me as prized winner in September, 2021 and taken 3 Sureties from me in September, now the Branch Manager Mr.Manikantha of Srikakulam-1 has sent his notice no.SCL/Proposal/B dt.25th Jan., 2022 by Regd.Post, and received by me today 10th Feb., 2022 stating that I have not submitted the required Sureties and hence my prized money was deposited in Bank. Kindly investigate into the matter and arrange disbursal of my prized money along with interest from October, 2021 to date.

Sir, I have chit no. 3500/02001/33, value 2.50 Lakhs in the year 2012-13 at Bobbili branch in Vizianagaram Dist.I have paid nerly 2.10 lakshs, after that I could not paid due to my financial problems.Later I transferred to East godavary Dist. The above chit completed in 2013.Later they did not remitted the chit whatever the amount have to pay to me sofar. Several times I contacted the branch over phone but the did not favoured me.Hence I requested the branch officers or the officer who are the related officers to resolve my long pending issue at an early date please.

Sir, I T VENKATA GUNAKAR and my chit Ref No:SAI27/27 (5lakhs chit). Sir, my chit auction was in 3rd Aug2021. After 15 days there are asking 3 sureties. I submitted all the requirements to them after 15 days dated was 22nd Sep2021. But till now I have not received any amount from you. so, many time I call to him(Swamy Manager, Palasa branch, srikakulam dist) but he was not lift my call and some times he lift tha call, sir tomorrow definitely I will credit to your account and some times he told to me, sir fund is not available but still now I have not received the amount from you.So kindly request to you, I want to credit that auction amount to my account as soon as possible.
This is for your kind information.

Regards,
T V GUNAKAR
CHIT REF. SAI 27/27(5lakhs chit)
PALASA BRANCH
SRIKAKULAM DIST-532284