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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

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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 16

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Address: Mahbubnagar, Andhra Pradesh

Not issuing Chit Prized cheque from last three month Dear Sir, I wish to bring to your kind notice the following for your immediate intervention, so that justice can be rendered to me I am Rajesh Kalwala, In the month of October 2014, i subscribed a 5 lakhs chit at Shriram Chits and fortunately i was the prize winner in the first month of the chit(Dipping method) and they have informed me on the same day that i am the winner. due...

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Address: Kurnool, Andhra Pradesh

Sir, I am a subscriber for Shriram chits at their YEMMIGANUR -518 360 BRANCH for 3 lakhs chit. My no. is YLE - 4., name: J.S.SAILAJA. I have got the chit on 20th Dec 2014 and they told that the cheque would be given on or before 20th Jan 2015. I have asked to retain Rs.36000/- for the remaining 6 months subscription and asked them to issue cheque for the remaining amount. But, even after 15th Feb, 2015, I could not get the amount. When...

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Address: Bangalore, Karnataka

I am S Bhagya chit holder of your above captioned branch and group, has raised bid amount on 11/10/2013 and submitted all relevant documents with an option to deposit Rs., 40000/-. After this I have contacted Mr.Radhakrishna, Branch Manager on several times and contacted Mr.Vijayasimha our local documents section, Bangalore over phone No.[protected], for disbursement of chit amount. Till now, neither positive reply nor chit amount disbursal....

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Address: Tiruvarur, Tamil Nadu

From, M.G.Venkatarajan, 55, R.P.Sivam Nagar, Mannargudi-614001. To, The Managing Director, Shriram Chits, 123, Angappa Naicken Street, Chennai. Sir, Sub: Settlement of Chit amount Group:67111 at Mannargudi branch I joined the above mentioned chit scheme under your agent R.Packirisamy and I have paid the monthly installment fully .I bring to your kind notice that the agent R.Packirisamy sought my permission...

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Address: Bangalore, Karnataka

My name is Suresh Kumar inakollu.my chit reference number : 69012/26 Wilson garden branch Bangalore I did the auction on June 11th 2014. It was around 4 months but I did not receive my money.I am keep on calling head of the branch name Prabhakar but he is not picking his phone.already he has given me false promises twice and he did not responded on same date.as they told me maximum of three months after auction date they will credit the...

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Address: Warangal, Andhra Pradesh

Dear Team, I would like to bring to your notice that I Nagaraju and I am loyal customer of yours since 15 years.. more so ever my entire family is also been your customer and till date we have par taken in almost 15 chits that was done in Warangal and all the chits where amounting to 5 lacs.. Today I have big concern which I expect you to resolve. I was told to deposit liquid cash of amount 1.4 lacs for security of balance payment...

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Address: Madurai, Tamil Nadu

Your client, Mrs.B.Umaranai., W/o.Mr.Marimuthu[protected]/[protected]/[protected]., M/s.EUROMISTY RO SYSTEM., A-4/4., K.K.Nagar.opp.to BATA Shoe Show Room. (Loan.No:NRTF-MD-408E 01552). As this customer has taken a Loan from you and not paid the dues for which you have sent the Court Notice to this above mentioned person Your Client and two of the other Guaranters. But one of the guaranter Mrs.Vijayalakshmi W/o.LateMr.Kumar., respected and...

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Address: Chittoor, Andhra Pradesh

DATE;15/9/2014.This is a 3RD LETTER
NOT REFUND CLASSIC CARD
To
Head office,
SHRIRAM CHITS PVT Ltd,
and BURMA ROAD,
MADANAPALLI-517 325.
SUB: - Request for vehicle Insurance Refund Amount.
Dear sir,
I am NOORULLA. One of the Classic card Customer of ROAD SAFETY CLUB PVT Ltd, Chennai.This is a TIE-UP Company in 2003.
My Membership certificate no 900855, Joined on[protected]...

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Address: Chennai, Tamil Nadu

Paid Rs.52500/- to your alwar thiru nagar branch to join a chit four months back. nothing happened after that. The Chit never started. I want refund of this amount with 4 months interest. Since there is no response from your branch side, I am communicating with you. Please do the needful immediately. V. S Ramani...

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Address: Chittoor, Andhra Pradesh

NOT REFUND CLASSIC CARD

To
SHRIRAM CHITS PVT Ltd,
BURMA ROAD,
MADANAPALLI-517 325.

SUB: - Request for vehicle Insurance Refund Amount.
Dear sir,
I am NOORULLA. One of the Classic card Customer of ROAD SAFETY CLUB PVT Ltd, Chennai.This is a TIE-UP Company in 2003.
My Membership certificate no 900855, Joined on[protected] at Your Company Shriramchits Madanapalli...

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Address: Karimnagar, Andhra Pradesh

my name Nadipelly Srinivas Rao since 2003 iam expend lot of money on sriram chitti fund like 1, 00, 000/-3 chitts, 50, 000/- one, 5, 00, 000/-one Recently 2013 running 5, 00, 000/- chitti on sriram at godavarikhani, Karimnagar(Dist), Chitti lifting on[protected] submitting surities sprootny take 14days after told one surity prablem (jest 1732 balance under surity person) immediatly aranged next suritie next day it will take sprootny...

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I (Saraswathi.S ) from Bengaluru wilson garden branch, representing the chit group bearing reference no :1060/69013/32, Got the auction in the month of April 2014. but till today 19th of August 2014 not disbursed the prized amount. I had communicated and fulfilled all their requirements to claim the prized amount by 21st of April 2014. However they are least bothered to fulfill their responsibility and accountability to the public. More...

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Address: Bangalore, Karnataka

Hi The bid was done on May 12-2014 towards Chit 76015/34 I have submitted all my documents which they asked.Till today i have not received my payments & its already crossed 90days now After chit bid branch person told me with in 45 days cheque will be Given but same is not happened. From 46th day till date they given 10times commitments during all my visit which is all failed Branch head manager/DGM Mr.Prabhakar is does not lift...

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Address: Bangalore, Karnataka

Hi

The bid was done on May 12-2014 towards Chit 76015/34 I have submitted all my documents which they asked. Till today i have not received my payments & its already crossed 90days now

After chit bid branch person told me with in 45 days cheque will be
Given but same is not happened. From 46th day till date they given
10times commitments during all my visit which is all failed

Branch...

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Address: Chennai, Tamil Nadu

My father started a chit for Rs.150000 in shriram chits Alwarthirunagar branch 3 months back they took bid on his chit even without asking and intimating my father . When my father went and asked they said that his agent has said that my father asked to take a bid (eventhough my father went directly to shriram and put the chit without any agent they added one agent name on thier own). My father said he didnt asked to take any bid so return...

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Address: Mumbai City, Maharashtra

I have been requesting a letter indicating the details of my chit funds for the past 2 weeks. The receptionist is adamant to not to allow me through on telephone stating that they cannot issue this and only the manager can do it. However requesting to talk to the manager is like asking to speak to the US president!!! Though several promises of call backs have been made - the manager is yet to call back and I still have no solution. It is...

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Address: Hyderabad, Andhra Pradesh

I have two chits each of 3Lakhs in ShrimRam Shivam Branch Hyderabad. I have bidden one Chit in April(2014) for amount 2.3Lakh and as part of security i kept other chit and 2 personal securities. After 2 months on daily follow up they said they are not enough and requested additional security and insists on Govt Personal security or assignment of surrender value of my LIC, we for me all reasonless and when ever i request for consideration...

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Address: Nagpur, Maharashtra

sir, i m a chit subscriber no.YNTX02/42. start dt. dec 2004...end date jan 2009..i got the chit in auction bid of mar 2006.ie.16 months later..but in the later on months the BIRD FLUE scare hit all along our country...and finally after suffering heavy losses to the tune of 70-80 lakhs in my Poultry farming business, my financial condition deteriorated completely...Anyhow i managed to pay further 8 monthly subscriptions but couldn't manage...

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Address: Mysore, Karnataka

The bid was done on april14-2014. I have submitted my fd as sureity on 17th april 2014. Till today i have not recd my payments. And the branch manager does not lift his phone and answer and gives reply, in context to this i have decided to either create ruckus and call media near the branch, if i do not hear any thing from you. Pls advice. My email id is [protected]@rediffmail.Com...

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Address: Coimbatore, Tamil Nadu

i was plegged my insurance document shri vidhya plus ( LN[protected] at shriram chits gandhipuram branch coimbatore for my chit[protected] surity on14/06/ 2008. but after completion of the chit (19/092009) they are not refund my policy document untill. somany times i asked regarding this but no response . so kindly get me the document ....

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