Shriram Chits — Non payment of chit auctioned amount even after 30 days.

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