Shriram Chits — delay in release of the bid amount

Address:	Hyderabad, Telangana, 500028
Website:	Shriram Chits

I am a successful bidder of a chit valued of rs.25, 00, 000/- about 3 months back in their himayatnagar branch. Post bidding i have submitted security of 3 open plots within 30 days. The branch staff are delaying the verification of documents under one pre-text or the other. It takes a minimum of 15 days for just passing the documents from one table to another and they finally referred the documents for a legal opinion and the panel advocate took more than a month to just call for what is required. My moneys are held up with them and the whole staff join with each other to behave carelessly to delay the payments which attracts interest.