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Shriram Chits Complaints & Reviews

www.shriramchits.com
1
Updated: Feb 17, 2025
Complaints 387
Resolved
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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Most useful reviews

19
Not issuing Chit Prized cheque from last three month
12
Fraud in chits
14
Unethical behaviour people

Shriram Chits reviews & complaints page 12

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A
Azeez Basha Shaik
from Mumbai, Maharashtra
Aug 2, 2017
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two cheques are expired

Address: 500008

Hi,

Actually cheque has been issued on my name, but mehdipatnam branch staff has informed me after completion of validity of cheque. So later i gave a request letter to issue the cheque again. But till now i didnt get it. And again today i got a call from mehdipatnam brach that another cheque has been issued with my name amount 700 rs on april. So again the cheque validity has completed. What is this ridiculous happening in...
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R
rsundaresan
from Chennai, Tamil Nadu
Aug 1, 2017
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shriram chit complaint for staff executive for nagarajan

Address: 620017

I am sundaresan, i already customer past 10 years in regular customer. I joined shriram group chits, for your reference details group no & ticket no 53057/31 & 53057/32, still now i got your notice, not pay the instalments, i was shocked, already i given pay shriram executive s. Nagarajan pay past 27/10/16 rs 22500/-account credit the axis bank ac[protected], imps payment for the axis bank, but not given the any receipt the shriram executive...
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K
Kalyan Yedla
from Ahmedabad, Gujarat
Jul 18, 2017
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cheating of your agent

Address: Visakhapatnam, Andhra Pradesh, 530001

Dear concern
My name is y. Kalyan chakravarthi deposited my chit amount which was going to mature on 07/11/2017. With out my notice raja rao named agent put my bond as surety and escaped after getting notice i went to office and enqiured reg the notice received by me the office staff did not support me. After that i came to know that he was a collection agent how a collection agent can get the details of customer without help of manager...
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H
hari prasad Chippada
from Hubli, Karnataka
Jul 11, 2017
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Fraud at ramachandrapuram shriram chits

Sir, i am ch muralikrishna resident of ramachandrapuram east godavari district in ap. My metured amount of money is not given by ramachandrapuram branch. My a/c no ln[protected]. She says it will dispassed in[protected]. But today says that take 10 days time. Actually it is metured amount in the problem of duplicate bond. Now still says this answer. So please take necessary action to this branch and plz credit of my money immediately. Thanking...
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N
Nageshk453
from Pune, Maharashtra
Jul 10, 2017
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Renewal and interest rate

Address: Ranga Reddy, Andhra Pradesh, 500047

I took gold loan in the month of april 2017 in the amount of 2 lakhs with interest rate @ 0.95 paise. Now after completion of 3 months when i'm here to pay interest the management says new interest rate is rewised and it is 2 rupee.
How that is possible when it is no proper intimation to customer. And management does not have any proper documentation in regards to rewise in interest rates....
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N
nagarajgoud1
from Hyderabad, Telangana
Jul 5, 2017
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Delay in processing loan and executive is not showing interest to make it happen on time.

Address: 502371

Hi Sriram Chits,

loan ac no : [protected]

We have started processing loan request since 1 and half month, since then we are facing so many issues with the executive(). Since the loan is taking in a village and im at HYD the executive under the impression that this villagers dont know anything and he is taking unuusal execuses to delay the process and he is giving priority to his personal works, everytime when...
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K
kingshek59
from Tadepallegudem, Andhra Pradesh
Jul 4, 2017
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45 days over after bidding 5 lakhs chit at mysore on may 9th 2017

Address: Mysore, Karnataka, 570008

I am your customer for the last 20 years, but things has changed in mysore office not for good but for bad reasons. No followups and not conducting chits at right time. I have not received any information about chit and none of them has the right information regarding the same. Please let me know what has happened to my chits money. Kindly get a positive response at the earliest....
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M
Manoj Sawarkar
from Nagpur, Maharashtra
Jun 12, 2017
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Relaxation in period for loan installment

Dear sir/ madam,

I was working with smile establishments pvt. Ltd. While applying for personal loan in february 2016. It was sanctioned on the basis of my basic salary and bank account statement. I have granted with loan of rs. 240000/-. Since then i am paying rs. 9560/- against installment of my loan.
I lost my job with smile establishment pvt. Ltd from august 2016, but it does not affect, paying of loan installment....
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S
sethuraman.sathappan@gmail.com
from Mumbai, Maharashtra
Jun 3, 2017
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Deposit lien not removed and payment not made on the due date

Address: Chennai, Tamil Nadu, 400086
Website: www.shriramchits.in

Pondicherry branch has kept Rs.250, 000 of the chit amount as a deposit (lien) one year before and the chit was closed 6 months before. The deposit was also due on 2nd June 2017. But the deposit amount was not credited to my account. When I have enquired with SCUF it is informed that the lien is still not removed and they have not received the deposit receipt for making the maturity payment (SCUF). The service of Pondicherry branch of Shriram...
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S
sivarao06
from Hyderabad, Telangana
May 25, 2017
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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...
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P
prasa84
from Hyderabad, Telangana
May 25, 2017
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Shriram chits executives are harassed by calls frequently

Address: 500032
Website: www.shriramchits.in

I have given support surity for one of my friends chit. I am receiving frequent calls from shriram chits exeuctives are frequently. I clearly told that i did not give surity for his repayments, even then they are calling. Their numbers are
[protected] and [protected]. Could you please help me in stopping them to call and should i register a compliant on them...
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K
kalpana64
from Palghat, Kerala
May 20, 2017
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Fixed deposit amount not received

Address: 603209

Dear Sir

My brother Mr.S.Vadivel joined in your chit fund for rs.3, 00, 000 in Maraimalai Nagar branch. On completion he took the chit amount. During that time he was compelled to take 50000/- insurance and 10000/- to be deposit in your organization. They have given only Xerox copy of the FD Receipt because he had taken another one lakh chit. After paying full amount of one lakh chit then only he asked for Original FD receipt...
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P
Palla appalaraju
from Sirsilla, Telangana
May 19, 2017
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Fraud on cheque payments

Address: Visakhapatnam, Andhra Pradesh, 530011
Website: Sriram chits

Sir iam, p Appalaraju Custmer of Sriram chits since last 7 years recently I make a payment through cheqe but not credit on my ticket number, iam asking branch manager, but he was not answering properly what iam doing? My suggested to me go to legal advisor, I meet a lawyer he told complaint first Sriram chits head office on this issue but iam already complinted on this issue but they are not sloveed my problem now what iam doing, i don't...
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P
padmajaM
from Hyderabad, Telangana
May 18, 2017
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The worst service is providing in gudivada branch

Address: Krishna, Andhra Pradesh, 521301

My name is padmaja. Me & my brother has taken 5 lakhs chit in shriram chits gudivada branch. My brother had taken the auction in the month of august 2016. Shriram chits paid the money in the month of january 2017. Now i had taken the chit in the month of april 2017. Till now they did not started the procedure. And they are saying it will take 4-5 months time to get my money.
This is too much. When we require the money then only we...
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K
kv1
from Hubli, Karnataka
May 12, 2017
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Not received the payment

Address: Chandrapur, Maharashtra, 442402

DEAR SIR
my chite no 67051/46 name Kshitiz Vinod Khandre Chits amount is 50000.00 (five lake only) i have not resvied payment from chandrapur branch the manager toll that we have fund unable to our shriram chits from last 1 month i did not resvied payment sir please do some think I have submitted all the documents at the chandrapur branch office

Thanking you. Kshitiz Khandre
[protected]...
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N
nagabhushan nowpada
from Hyderabad, Telangana
Apr 28, 2017
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Refund chit monthly subscription

Address: Visakhapatnam, Andhra Pradesh, 530001
Website: Www.shriramchits.com

I paid rs10000/- vide receipt no 50300983 against the chit reference no vhsb-01/2 chit value is rs400, 000/-at maharanipeta visakhapatnam branch on 6/10/16 on the advise of smt s. Laxmi the then employee of that branch. I have not been receiving any information regarding the status chit auction till march 2017. On[protected] i submitted representation for refund of amount rs10, 000/- which i paid to smt t. Bhavani employee in that branch....
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N
Ncs Sharma
from Siddipet, Telangana
Apr 15, 2017
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Cheating by manager

Address: Kurnool, Andhra Pradesh
Website: www.google

Inkurnool srirama chit fund manager cheated the public on joining new chits without intimate the company norms. in one member of smt ar nagajogula issuffered chit no 80005/29 one instalment collected not issued any book and further intimations. another thing he is promissed to lift th chit in 2 nd instalment paying time. he fails to lift the chit. another p bramhaiah one of the chit agent also cheating the subcribers in srirama chit fund.hence...
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A
AISSWARYA
from Delhi, Delhi
Apr 6, 2017
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Withdrawal of my surety

Address: 563115

I have signed surety for one mr. Bernard who is running catering at sambhram hopital, d. K. Halli, beml nagar. Mr. Bernard is known to when he has done catering to my house warming ceremony. One of his loan representative from kuppam has took signature from me in all the two booklets without filling anything. Now i wanted to withdraw my surety because i am having more liabilities for my housing loan which i took from canara bank. Please advise...
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S
sureshharsh
from Ernakulam, Kerala
Apr 5, 2017
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Fd maturity benefits not recd even after 25 days after maturity

Address: 625001
Website: shriram chits

Iam a deposit holder in shriram chits which got matured on 15.03.2017 I submitted maturity instruction at the local office on 13.03.2017 and asked them to credit the maturity proceeds to my account, Even after 21 days they have not credited my account .I have also spoken to the DGM who is always praising about their good company service but not able to rectify their mistake in processing . This is not the first time iam facing the problem...
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C
cvpsastry281154@gmail.com
from Delhi, Delhi
Mar 30, 2017
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Chit prize money not paid & fixed deposit renewed certificates not received

Address: East Godavari, Andhra Pradesh, N3465
Website: shriram chits pvt.ltd.

I was a member of chit No.TU LL 08/50 at Tuni branch--Andhra Pradesh for Rs5, 00, 000-. This chit completed on[protected] and I bid it on that date. I submitted all necessary documents and submitted the same for payment of prize money. There is no lein on this chit. It is already more than 2 months over. I am due for the chit amount on[protected]. So far the said amount was not paid. Please pursue the matter and initiate to pay the chit amouny...
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