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Shriram Chits Complaints & Reviews

www.shriramchits.com

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Updated: Feb 17, 2025

Complaints 387

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77

Unresolved

310

So far, so good. Shriram Chits is working on building a stronger response system and taking steps to address most of the complaints. While there's room for growth, their efforts show a positive trend in customer support. We hope Shriram Chits will keep up the work and continue to help more customers with their concerns even better 🤝

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Mislead and cheater

forgery and misleading the people.

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Not issuing Chit Prized cheque from last three month

Unethical behaviour people

Shriram Chits reviews & complaints page 11

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Address: 605004

Dear Sir,

I have availed car loan for my vehicle number PY 01 CB 8586 with your company and i am promptly paying my monthly installments without any failure.
From March 2017, your employee over phone canvassed for availing Sri Ram Insurance for my private car and for the same i clearly stated not interested for insurance facility through your firm. Again one more staff through call center also approached for the same...

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Address: Hyderabad, Andhra Pradesh, 500070

Website: www.consumercomplaints.in

With reference to the above chit from mehadipatnam br. Hyderabad this is to inform that as i got retired from govt service and had fallen sick and due to financial problems i have delayed in making payment. Now i'm making arrangements for cleaning the entire dues.in the mean time shri mani kanta branch manager mobile number [protected] has called the the people who have given surity and threatened that he will throw the utensils out side the...

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Address: Nellore, Andhra Pradesh, 524415

Wrst performance to clr dep and cls the chit. They will take up to 2 months for this process.&also wrst resp from your staff.in this compitetive days too worst performance.

Ex. If i am going to bank to close my loan r cls dep they take 10 min to cls both.

Think what about your company performance. How the people like to invest in your company...

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Address: 630561

With reference to the above 5 lakh chits (4 nos of 5lakh chits), i paid the first 2 instalments through cheques for rs53, 300/- and rs50, 000/- from my syndicate bank account. The bm of the svga (Mrsuresh) said that the group will be started in early may/2017. But the group was never started, so i asked him for refund of my payment. But instead the then bm (Mr. Suresh) transferred the group to karaikudi branch w/o my knowledge, and he never...

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Address: 600042

Website: www.shriramchits.in

Sir my friend was given proposal 63206/35 value for 300000 on 7/4/17, myself and two of my colleagues singed as surety, we submitted photo proof and salary proof, but we made whitener on our pan and dob details as these are misused, since then i am being continuously contacted for one or other reason and me willing to resolve the issue, in month of august i was given set of proposal form, receipt and promissory note, for new signature stating...

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Address: 635001

Hi my name is lokesh, my brother have 2 -1lakh chits in krisnagiri branch. We have 1 month due is pending. We have 2 shiram new shri life plan policy (Np[protected]. Actually we didn't receive any insurance bond till now so my dad and brother went to krishnagiri office and spoke with srinivasan (Branch manager), he replied we have only one bond, other one is not yet come. So my dad is replied if you are not give the bond i will not pay...

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Branch manager of nirmal branch rashly behaving towards chit subscribers. He is talking neglectly. And suffering for prize money payment
And block mailing for life insurance policies to auctioned subscribers. He is telling that don't come to office for three months for prize money

So i request you to kindly "save the reputation of nirmal chit branch"...

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Address: Khammam, Andhra Pradesh

Dear all.
I A sashikanth son of Vimala we are having one time investment amount 50000/ NO: LN[protected]in your Sriram YELLANDU branch name of vimala my mother.and we have chits also.
At the time of our chit auction they taken my one time investment and put it lien to that chit .and. That chit was closed on July month in badhrachalam branch .but they removed lien on august month they send it to khammam branch as per my request...

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Address: 533343

Dear sir/ medam,

I have taken a personal loan and vehicle loan in your mandapeta branch east godavari district, a. P. My vehicle loan clearance purpose i asking several times for loan clearance purpose but your staff not respond and careless talking. Today i asking again my loan clearance purpose your staff behavior is same. I am a customer in your branch from 2008 to till, your branch previous staff is very good response...

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Address: Madurai, Tamil Nadu, 625001

I have put 2 chits in madurai branch, while joining they assured me of giving 4 or 5th month chit but it has been 7 months since i have joined and still now they have given the money. I have went to their office several times but they dont respond and tell me to come next month.
This month they told they will give the money but i have to put insurance of 30000 per year for 5 years and i have to guarantee from 5 government employees...

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Address: Cuddalore, Tamil Nadu

Website: admin@shriramchits.com

Sir
I am remitting chit amount promptly every month as i have joined in chit no.58027/20 in cuddalore branch tamil nadu and i have taken auction in the month of july 2017 and documents regarding surety has been submitted in this office in the same month but till date i could not receive the amount when i enquire in cuddalore shriram office no proper information received by me
Details:
Chit no 58027/20
Maturity...

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Address: Karimnagar, Andhra Pradesh, 505327

Managers doesn't know what they are for. Wrost service by a private chit fund company. Always false commitments. Such a big company not able return cheque even after 80days go bidding the chit. Poor customer centric. No proper response n stop responding to calls when we call them. I had a very bad experience so far with sriram chits n will never want to continue with such lethorgic company....

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Address: 625001

We have taken the chit three months back no 4400/70043/24
The total amount is about one lakh and little above
The local madurai branch asked for two surities
My self asso. Prof. Of zoology drawing 1, 65, 000/per manth
And
My friend who is also asso. Prof. Of botany drawing 1, 70, 000 gave the same
The chit was in the name of my wife j, sumathi who is a practicing chartered accountant (Fca), from 1990...

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Address: 600125

Sir,
This is to bring to your kind notice i, g. Selvaraj are a members of two chit fund porur branch,
The chit no 65006/40 of value 5, 00, 000 /- prized and rani selvaraj chit no 53277/25 value 1, 00, 000/- prized
Sir as the chit term is coming to end and you have not bothered to inform as to what is outcome
Of the case against mr. Gangendran. I have not paid the said installment for the month august
Request...

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Address: 600001

Website: www.shriramchits.com

Customer name-chaitanya kumar k
Branch name:- gt branch parrys, thambuchetty street.
Group code-67020/43
Ticket no-43
Complaints:- i am a shriram chit customer making my payments on time, 1 chit with gt branch parrys chennai

Apparently due to some urgency, i had to bid my chit in the month of february which was on 6-2-2017 and asked to take a insurance policy for 10 yrs and i paid amount of rupees...

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Address: 507203

[protected] this is from madhira of khammam. Today morning your collection boy named vadde ravi called me and talking about a defalter of rs 51000.00 and asking me to pay the amount otherwise he attached the payment to my salary. I don't now how it is possible to attache without out legal procedure. Mainly i noticing you "i am not the garrenter of that chit." just my mobile number is there. Then also i said that to the collection boy... But...

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Address: Yavatmal, Maharashtra, 632301

Am a customer of sriram chits for more than 10 years. I have completed my chits due in the month of march and actually the last chit was december 2016. After 4 month completed also ur company is not ready to issue my documents. I am walking to arani branch every day but they are not at all bothering... What shall i do for this... Shall i take legal action or what. Let me know......

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Address: 520007

I have availed a vehicle loan at shriram chits. I received a call from your customer care stating that second emi has to be paid in cash only at local branch and have paid cash at your branch in vijayawada. But still, you have deducted emi from my bank account. This is how an well recognised organisation works. How can you do that? This is not fair on your part....

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Address: Nizamabad, Andhra Pradesh, 503001

Sri,

Pl. refer the chit No.IBM 22/22 Rs.2.00 laksh started from the month of March, 2014 to june, 2017 and Personel Loan R.2.00 laksh No.NIZBRPL[protected] started from the month of Dec'2014 to Dec, 2016 sanctioned from Sri Ram Chits Pvt. Lts. Nizamabad Branch-II, which were already been paid and closed, hence I request kindly to issue NOC to the above chit and loan alongwith document papers as early possible.

...

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Address: Tirunelveli, Tamil Nadu, 627001

I have two chits with shriram chits, tamilnadu in tirunelveli branch. The first chit taken by me was paid and for the second chit the company has not paid the amoun even after 4 months and i am paying interest at 3.5% per month towards hdfc credit card. Hence, the company may be directed to pay me the amount with the above interest for my chit amount & the insurance amount....

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