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Shriram Chits Complaints & Reviews

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Updated: Jul 22, 2025
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Shriram Chits reviews & complaints page 20

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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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siddaraju.ug
from Samalkha, Haryana
Jul 7, 2009
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pls give me My PF amount applay in my office Date 19-march-2009, My pf no 14544/3430 and phone no-[protected]

my address

siddaraju.u.g s/o gurusiddanaiaka
udigala village & post
chamarajanagar tq & dist
pin-571313

my SBM A/C NO [protected]


FPY
SIDDARAJU .U.G
Aug 14, 2020
Complaint marked as Resolved 
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    V
    v p saravanan
    Jun 8, 2009
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    My mother Mrs Thangamani had a chit in salem, cherry road branch for 1.5 lakhs.It was 5000 for 30 months.After paying for nearly 2 years she visited me for 4 months and she had informed the branch office that she will be away for few months and they had said not to worry, can come back and pay.when we went to pay after 4 months in feb 2009 we were removed from the group with out notice or our consent and they had transferred all our dividend(it was about to mature in another couple of months).We were told that we will get back our money after deducting penalty (and also we will losing all the dividend which we have gained over 2 years).But now nearly 4 months from this incident we have not received even single paise or explanation from the office.My mother is now shattered, depressed and she is afaid that she will lose all her hard earned money.Shocked by this bad experience from Shriram chits and its attitude towards its valuable customers.NEVER EVER TRUST SHRIRAM CHITS, SALEM, CHERRY ROAD BRANCH.
    Aug 14, 2020
    Complaint marked as Resolved 
    why? what reason for this company
    MY NAME IS KAJA MOHAI DEEN ALREADY I AM IN CHROMPET BRANCH IN CHIT VALUE 1, 50, 000/- AUCTION DATE 15/03/2010 MY BRANCH NO:4108, GROUP NO 70214/28, BUT NOT TAKE IT CHEQUE PLEASE QUICK REAPLY I AM IS A GENIUNE CUSTEMER BUT YOUR CUSTEMER RESPONSE IS NOT IMPOSIBLE PLEASE UNDERSTANT CURRENTLY NOW NOT RECIVED ANY PAYMENT

    THANKING YOU
    I am Senthilkumar son of Nallazhagappan R, who is also a shriram chits agent. I hold 4 chits to the value of 4 laksh. Last Feb. 11 th, 2011, I took the chit 52004/29. Usually the prized chit amount has to be paid on next month auction date.i.e., 11.3.2011. But till date (21.3.2011) I have not received the chit amount. My father told me that due to shortage of funds the Tambaram Branch Manager will release the funds only after 1 week I was also told that this is happening for the psst 2 years. But evenafter 10 days they have not issued the cheque.Now I have decided to get back the remaining non prized chits at the earliest so that in case the chit fund comes to close, I cannot loose my hardearned money.God only knows what is happening in Tambaram Shriram chit Branch
    never ever go to sriram chit funds. All thier lullabies will be attractive. They are sweet if we keep paying. Once you try to get your hard earned money back you can see thier real face. Don't ever think of sriram. Withh all bitter experience.
    yes. in madurai also they are cheating like anything. the police officers and registrar officers also strongly supporting them because of bribing.
    sir i am vijay from madurai. i got a rs 1, 00, 000 personal loan in shri ram chits, anna nagar, madurai branch. they demanded to join 1, 50, 000 lakh chit to release the loan. i joined with 3 months prepayment of chit and i got loan. after three months they were cheated me and they have invested my chit amount in their own slic ulip without my permission and my knowledge. when i went to claim that they were behaved arrogantly and immediately i foreclosed my loan. but eventhen they threatened me to pay the chit continously and disagreed to give my cheque leaves which given for loan emi. i lodged a forgery complaint in police station and they only recovered my cheque leaves and did not taken any action against the forgery due to some higher influence.
    but now the chit company lodged the case against me to claiming the chit amount in sub registrer office without any proof. but the registrer and others in that office are also compelling me to pay the chit. eventhough i submitted enough proof, the registrer pulling the case in favour of the chit company. i dont know the proper reason and the case is still on process. anybody who knows to handle this guys pl let me know through my mail [protected]@gmail.com.
    here my humble request is beleive sri rama and never beleive this forgery sri ram chits and groups.
    E.A.No. of 2004
    in
    E.P.No. 3047 of 1997
    in
    ARC.No. 669 of 1996

    Name: Syed Yedullah Hussain,
    No: 15/5 Nainiappan Garden 1st Lane,
    Old Washermenpet,
    Chennai-21.
    Phone: [protected]
    email: [protected]@gmail.com
    Respected Sir,
    U have to give my money Rs.20, 000. But U gad gave just Rs.5000.
    Please Take any step...
    Regards

    Thanking U
    Sir,
    I have taken a sriram chit for Rs.500000 and have been paying the monthly instalment promptly for 25 months (40 months in all). I had won the auction for Rs.432000 /- and to claim that amount i was asked to give 3 sureties out of which two should be of Govt and one is private and i did accordingly. Today The manager (sriram chits) came for verification and was telling that our amount of Rs.432000 has been approved on a condition that their insurance policy of Rs.25000/- is taken by us and we need to pay Rs.25000/- to claim that amount which is fraud and cheating the customers. When i denied to pay, he was telling that the sureties i gave were invalid..I dont understand how the sureties once approved becomes invalid if i dont take insurance policy. They were finally saying that i need to take up the insurance policy then only i can claim the amount

    Please help me in this matter

    Thanks,
    J Sai Prasad
    [protected]
    "KAPIL CHITS" FRAUD CHEATING COMPANY DON'T MAKE RELATIONSHIP WITH THAT.
    சேலத்தில் உள்ள ஶ்ரீராம் சிட்பண்டில் ரூ100000 உண்டான சீட்டை போட்டு 17 வது சீட்டு 20500 தள்ளி எடுத்தேன்.அவர்கள் கேட்ட சூரட்டியும் கொடுத்து விட்டு பணத்தை கேட்க செல்லும் போது தான் இவர்களின் சுய ரூபம் வெளியானது. இன்சூரன்ஸ் வருடா வருடம் 20000 வீதம் கட்ட சம்மதித்து முதல் வருட பணம் ரூ20000 கட்டுங்கள் பணத்தை பெற்றுக்கொள்ளலாம் இல்லை என்றால் நீங்கள் பணம் பெறுவது சிரம்தான் என்று கந்து வட்டி கும்பலை போல் பேசுகிறார்கள். வேண்டும் என்றால் அடவான்ஸ் ஆக சீட்டு பணம் ரூ 25000 கட்டுகிறேன் என்று கூரியும் முடியாது என்று சீட்டு எடுத்து இரண்டு மாதம் ஆகியும் பணம் கொடுக்காமல் அலைகழித்து வருகிறார்கள். நடுத்தர குடும்பத்தினர் ஶ்ரீராம் சிட்பண்டில் பணம் சேர்த்தால் எந்த நிலைக்கு தள்ளப்படுவார்கள். ஜக்கிரதையாக செயல்படுங்கள் என்னை போன்று ஏமாந்து யாரும் செயல்பட வேண்டாம்.
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      B
      B SURESH KUMAR
      from Nagpur, Maharashtra
      May 13, 2009
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      Dear sir
      sub: Phone no 222624- Madanapalli

      referring the above said phone no, we are receiving Phone bill in the name of Shriram Chits LTd instead of Shriram Investments Ltd as per Application form Submitted, since 2004 onwards. Between these period our Head office has no obection to pay the bill as per bill received And also inform to you now Shriram Investments Ltd merged with Shriram Transport finance co ltd. But now our Head office asking to change the name as Shriram Transport Fianance co ltd.

      so we are requesting you please Change the name in the Telephone bill as given below-
      SHRIRAM TRANSPORT FINANCE CO LTD.

      Thankin gyou
      Aug 14, 2020
      Complaint marked as Resolved 
      Sir,

      I am Mr.Devaraj N.residing in chitradurga, I am your costumer belonging to group no.36004 tkno.29.of hospet, karnataka branch.I have cleared all chit instalments on 6th of 2008. i had surrendered my LIC MONEY BACK POLICY during action period of my chit value against surity you have asked and received acknowledgement letter from you as well.Now i am requesting you since one year to return back my policy documents you are not responding. please do needfull at the earliest.

      my RESIDENCE address;
      J C R EXTENSION, 4th CROSS, EAST.
      CHITRADURGA-KARNATAKA
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        R
        Ram Prakash K
        from Chennai, Tamil Nadu
        Mar 14, 2009
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        I, Ramprakash, K is a chit holder of 50K at Basavangudi, Bangalore for past 16 months. I am regularly attending the chit bidding on 14th of every month. We cannot bid the chit as they have their own agent who will be taking the chit. Today when I bid for 10, 800 the given time was over(Five minutes) even after that agent bid for 10850 and manager of that branch said it is that agent who has bid in time. When I asked him how many chits that agent holds and if he is taking it continously, why should we attend the chit. Everybody knows how much commission the manager has taken and how well he will make the plot ready for the agents, But everybody is afraid that he man handles with the help of manager's gundas and supporters like agents. I don't know what action will be taken against him or i don't know what is that manager is going to do to me. I have already written a letter and kept it ready(even if he kills me) to take necessary steps after my death since I don't have any support against this person.

        I wanted to know the correct procedure of these chits, like
        1) do we have the rights to know the agent details and other bidders
        2) Does the agent can bid in all the chits or the bidders should bid for chit
        ( As for as my knowledge goes agent cannot bid and manager should give the details)
        3) Can I go to consumer court or Lokayukta or police to take the help


        Thanking you for giving this opportunity

        Ram Prakash.K
        Aug 14, 2020
        Complaint marked as Resolved 
        I invested Rs.0 in Sriram and I am very happy with their process :)
        I am S.Shanthi, working in postal department. For past 2years i was paying chit in Shriram chit fund in ALANDUR branch Chennai 16. Few days back i received a letter like it was PRICED, but i dint take any money. Without my permission they did something and cheated me. So that i gave a complaint, but till now i dint get any response. So please kindly solve my problem as soon 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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          d.krishnaveni
          from Pune, Maharashtra
          Jul 29, 2008
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          In regard to chit no 25/20 in kotharoad branch i paid through cheque but posted in another chit 25/9 i submitted the proof my orginal recepits. but for another month 29.01.06 for which i have there is no proof with me so ask shriram autorities to verify and me wether it is posted in 25/9 and informme. there is website for andhra to inform them.
          Aug 14, 2020
          Complaint marked as Resolved 
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            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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