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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 15

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P
Pannubhai
Apr 24, 2016
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Refund of chit amount and re-investement

Address: Chennai, Tamil Nadu, 600040

Sir,

Your invested amount Rs.25000/-shriramlife insurance in Anna Nagar 1, now your closing

balance amount Rs.42197 .I send my staff by your local address to find original certificate,

after that i send request form .


Thanking you .


Reg,


Shriram chits


to care


Hello Sir/Madam,...
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G
gurukrishna
from Bengaluru, Karnataka
Apr 21, 2016
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IVF treatment amount coverage esic

Address: Visakhapatnam, Andhra Pradesh, 530001

Respected sir
my name m g krishna my wife name m lavanya my marriage since two years completed ., more time doctors consulted my wife and husband problems so not concive iam poor family - doctors suggestion ivf treatment suggestion .

Now ivf treatment coverage amount esic

my no [protected]...
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A
Avkvenkat Thambiran
from Kurinjippadi, Tamil Nadu
Apr 6, 2016
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Deducting money without reason

Address: 607105
Website: SHRIRAM CHITS

நான் கடலூர் ஸ்ரீராம் சிட் கம்பனியில் ௹5லட்சம் சீட்டில் உறுப்பினர் .என் குரூப் 65015. டிக்கட் எண் 30.கடந்த ஜுன்
2015ல் ௹38000/கழிவு செய்து சீட்டை ஏலத்தில் எடுத்தேன்.
ஏலத்தொகை...
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S
Suman1877
Feb 23, 2016
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Not issued rc book for two wheeler even after completion of loan instalment...

Address: 614601

This is suman raj from pattukotai ..
I took two wheeler sooty pep in instalment on 21.07.2014 for 17 month duration with a monthly installment of Rs .2987...
Even after completion of insatments by Jan 2017 .. I am yet to receive my RC BOOK ...For my two wheeler....
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S
Sridevi Balamurugan
Feb 5, 2016
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No customer service

Address: 600099

I am the agent & customer in Shriram chits Perambur Branch, Here there is no customer service, details as follows.

1. No Information about chits and payment.
2. No Passbook for customer account maintenance
3. No response for customer phone call.
4. Irresponsible answer delivered.
5. No Payment collection on time
6. Very delayed chit money payment( After 36 to 45 days of Action)...
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E
erya
from Hyderabad, Telangana
Dec 15, 2015
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Wrongly added under loan surety

Address: 506132

House-mortgage loan for 5, 00, 000/- Kandakatla Shobha w/o Sudhakar Narsampet Acct No: WARN2-[protected] We got phone call(Name: Dharavath Bhadru, Mobile No:[protected]) in July-2015 from SriRam chits office and learn that we have surety for this loan and they are not repaying loan amount as per agreement. It was shocking news and fraud. We immediately went to Warangal Sriram chits branch and met available employees (Branch Manager-...
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M
mathi1304
from Chandigarh, Chandigarh
Dec 8, 2015
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Auction amount not issued

Address: 600037

I am A. Mathiazhagan member of chit ( Branch/Group/TKT : 4380/84008/20 ) and I have allotted auction on 10/10/15 at Shriram Chits Mogappair branch. The next day I met the branch manager Mr. Anbarasu and got the documents need to submit. I have submitted the document on 20/10/15. I have been discussing with Agent (Mr. Loganathan), Branch manager (Mr.Anbarasu), Divisional manager(Mr. Senthil), HO (Mr. Sivaraj) and director PA (Mr. Sivakumar)for...
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A
Ashwinballari
from Mumbai, Maharashtra
Nov 26, 2015
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Interest on delayed payment of chit amount amount + mental agony + legal cost

Address: 581115

My Compalint is on Shriam Chits (K) pvt Ltd (NBFC) I had several chits with this company I use to pay regular and when I had bid the Prize Money was not paid in time as per Chit fund Act and for my delayed payment it has charged me interest and on every payment they dalyed till six to seven months and not ready to pay interest. I want to get interest on delayed payment. And this is not only my case many of the innocent subscriber who has...
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J
jegatha ramalingam
from Karaikal, Puducherry
Nov 18, 2015
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Non-response

Address: Pondicherry, Puducherry, 607002

I had taken a policy in shriram chits pondycherry. But they didnot response well. once i got a policy generated sms on september, till i didnot get bond and even a good reply.They told me that due to some reason they refund my money but they won't...
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N
nsrchary
from Chennai, Tamil Nadu
Nov 9, 2015
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Payment not received

Address: Hyderabad, Andhra Pradesh, 500053

I am holding chit 67013/6 at Santosh Nagar/Saidabad Branch. I have 3 fixed deposits of 1, 20, 000 each. for which date of maturiry is over. Two bonds have been cleared and amount have been deposited to my account, but one bond they have held up till now and did not deposit. I am a regular customer of Shriram and this is the attitude of the FD executive of the branch. Please look into this and update the status...
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L
L G S Anup Raj
from New Delhi, Delhi
Oct 9, 2015
Resolved
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False commitments and cheating people

Address: 500035
Website: www.shriramchits.com

Dear all don't ever take any thing from shri ram i am facing and experiencing the worst situation by taking a loan and taking a chit in shriram the agent and the employee has cheated they gave commitment and still we are back of them they wont keep on there words we are struggling a lot we have taken a loan from sri ram to close that loan we asked the agent if we take chit to close the loan how many days we asked him he told we will give...
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L
L G S Anup Raj
from New Delhi, Delhi
Oct 4, 2015
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They dont keep there words we have been cheated

Address: Hyderabad, Andhra Pradesh
Website: www.shriramchits.com/

Sir i am also facing the same problem the agent and the employee has cheated they gave commitment and still we are back of them they wont keep on there words we are struggling a lot we have taken a loan from sri ram to close that loan we asked the agent if we take chit to close the loan how many days we asked him he told we will give in the month of july 90% or else august 100% he said and he took a form filled with us and he told to pay...
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M
muthu63
from Gurgaon, Haryana
Sep 25, 2015
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Misuse of my pdc's(cheque)

Address: Salem, Tamil Nadu
Website: www.shriramchits.com

Sir, i am thangam from salem.i applied personal loan from shriram chits tharamangalam branch.i got three lack as personal loan.i submitted five pdc 's for my loan purpose.my first due on 10.10.2015.but they debit Rs.7000 from my bank account using my pdc's without my permission.branch manager not ready to give me proper information about the debits. manager name:srinath staff name:mani shriram chits pvt ltd tharamangalam branch Salem...
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Vijayalakshmisankaran
from Delhi, Delhi
Aug 26, 2015
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Unprized bid has been prized without knowledge of chit holder

Address: Tiruvannamalai, Tamil Nadu

Copy of letter still unresolved:
From [protected]
N.S.Vijayalakshmi
(w/o Dr.S.SANKARAN
Dean of Civil Engineering
S.K.P.Engineering College,
TIRUVANNAMALAI-606611)
Ph:[protected]
To
The General Manager
Shriram Chits Tamilnadu Pvt.Ltd
5th floor, Greams Dugar
149, Greams Road
Chennai-6
e-mail: :[protected]@shriramchits.com

Dear...
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S
sasank_45
from Gudivada, Andhra Pradesh
Jun 24, 2015
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regarding chits fraud in shriram chits

Address: Krishna, Andhra Pradesh

A V Sekhar Sasank #74-12/6-2, Electricity Colony Road No. 4 Patamata Vijayawada – 520 007 To The Branch Manager Shriram Chits Pvt. Ltd., Ibrahimpatnam Attn. : Mr. A Vara Prasad Ref. : Your Letter Dated 4th March 2015 received by us on 9-4-2015 and Letter dated 05/06/2015 received on 13/06/2015 Reg. : Outstanding Amount w.r.t Chit Ref. 3505/67006/49 Manual Code – VTLX06 Dear sir, With reference to...
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R
RAMAKRISHNA KUDIPUDI
from Vijayawada, Andhra Pradesh
May 22, 2015
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NO PROPER RESPONSE FROM MANAGER , SHRAM CHITS, AMALAPURAM BRANCH, ANDHRA PRADESH

Address: Khammam, Andhra Pradesh

MY NAME IS K RAMAKRISHNA CHIT REFERENCE NO 52068/44. MY AUCTION IS ALLOTED ON MARCH 2015. TILL NOW 22/05/2015 MY CHEQUE WAS NOT YET RELEASED . I VISITED THE BRANCH 3 TIMES AND ENQUIRING DAILY GETTING SAME RESPONSE FROM OFFICE SIDE "THE MANAGER NOT COME TO THE OFFICE". I AM STAYING 200 Km's FAR AWAY FROM THE BRANCH. EVERY TIME I SPENT 1000/- TRAVELLING EXPENSES TO VISIT THE BRANCH. THE SERVICE IS VERY BAD. THE MANAGER DOES NOT RESPOND TO THE...
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N
Narayan Patilkulkarni
from Hyderabad, Telangana
Apr 6, 2015
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Not giving auction cheque

Iam the chit holder of shriram no is 74005 in GADAG Branch and I won the auction on 12/01/2015 and submitted all relevant documents. After this, I have contacted Mr.Pradeep, Branch Manager on several times and called so many times and also contacted Miss.Aarati our local documents section and also over phone, for disbursement of chit amount. Till now, neither positive reply nor chit amount disbursal. I hope the concerned official will look...
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B
bharath7449
from Hyderabad, Telangana
Apr 1, 2015
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they cannot give the service for us and without giving information they removed my fixed deposits

Address: Hyderabad, Andhra Pradesh

this is started form September 2014 we were asking about the clarity about the fixed deposits and till January 2015 it was not resolved and the regional manager of chandanagar hyderabad said that he cant give the service and is telling to remove all the chits which were started in the last six months and after that on 28th feberuary 2015 they cancelled my fixed deposit...
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A
Ashok Kumar Pukkalla
from Mumbai, Maharashtra
Mar 24, 2015
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Against of personal loan

Address: Visakhapatnam, Andhra Pradesh

Iam pukkalla nallayya, i applied shriramcity for loan (Net) 150000, loan as apporved on[protected], loan application number " viza2pl[protected] ", until now cheque not recevied, but monthly emi raised on next month[protected],

I have very bad experience with service, please help me and take action....
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K
kanjapu
from Mumbai, Maharashtra
Mar 19, 2015
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Not getting chit amount after taking the chit after one month.

Hi, I have one chit in Sriram chit funds in Selaiyur branch and I took the chit on 2/16/2015. Till now 03/19/2015 I didn't get chit amount in my hand. The manager is asking join insurance plan introduced by Sriram to reduce the bid amount and to fasten up the processing. They are not doing fare job on the chits and keep on extending the dates for giving chit amount. The Manager would have provided soon if I enrolled in the insurance...
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