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Shriram Chits Complaints & Reviews

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

Shriram Chits reviews & complaints page 18

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S
sambi
from Gurgaon, Haryana
Mar 21, 2012
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BID AMOUNT NOT PAID

Address: Andhra Pradesh

SUB: BID AMOUNT NOT PAID

NAME: M SAMBI REDDY
[protected]
CHITNO. 68012/37 AMOUNT: Rs. FIVE LAKHS
BID AUCTIONED: 122000
AUCTION DATE: 19TH EVERY MONTH (DUE TO HOLIDAYS LAST MONTH AUCTION WAS CONDUCTED ON 22ND FEB2012)
BRANCH: GOVERNOR PET VIJAYAWADA

Submitted all the surety FORMS and releavant documents on 4th mar. So far nobody has come to our office/home...
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F
fairozhdp
from Mudhol, Karnataka
Mar 2, 2012
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Complaint against Divisional Managers

Address: Anantapur, Andhra Pradesh

Dear Sir,
B.Amarnath (Divisional Manager) Shriram Chits pvt ltd, and also Shiris very bad behaving to employees and staff his ethics and inner mind is very bad and harassing and torching to community peoples and he feel like a own company but i respect to company is giving opportunity to me i worked for 3years 6 months with giving two government employee surity to company i did so much work,seizing the vehicles,overtime work, fighting...
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C
chethan.sharma
from Bengaluru, Karnataka
Jan 27, 2012
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Arrogant Marketing executive with full of cheating

Address: Kolar, Karnataka

Hello,

My self nagi Reddy, i run an pharma in kolar from past 15 years, moreover im an existing customer for shriram Transport fin corp, i have taken many vehicles loan facilities with STFC & completed.
Recently i have taken an safari Vx 2.2 dicor Vtt vehicle & one o[censored]r executive Mr.Manjunath approached me for used car loan & collected my 3 years IT returns, 6 months bank statement, cheques & KYC doc's...
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P
PYDI GIRIBABU
from Visakhapatnam, Andhra Pradesh
Jan 8, 2012
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AGENT'S CHEATED ME.

Address: Vizianagaram, Andhra Pradesh

SHRIRAM CHITS AGENT CHEATED ME.

Sir,


I wish to bring to your kind notice the following for your immediate intervention, so that justice can be rendered to me:


My SHRIRAM CHIT AGENT MR.M.SRIHARI NAIDU (MOBILE NO. [protected]) WHO IS HUSBAND OF MRS UMAMAHESHWARI SHRIRAM LIFE AGENT VIDE CODE NO. A0000513, HAVE COLLECTIVELY WITH HELP OF SHRIRAM CHITS BRANCH MANAGER OF VIZIANAGARAM...
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N
nagar41
Dec 1, 2011
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Fraud & Cheating company

Address: Tamil Nadu

Dear Sir ,

This is to bring to your notice that Shriram Chits and life Insurance Tamilnadu Pvt Ltd. is a fraud company . They have cheated many people in the name of insurance and chit funds .

We had invested in Shriram Life insurance , Coimbatore but when asked for Refund they refused to give back the money . said you need to contact Shriram Chits HO , Trichy (Tamil nadu).
br...
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S
satish.dhond
from Nashik, Maharashtra
Nov 12, 2011
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PF related

Address: Maharashtra

Dear sir,

My self Sachin Tidar i am working with Shrira, chits Ltd in year 2006 to 2008,
I am still not get my PF amount,
in last year i am submited PF withdraw form ,but still no any response from shriram chits HR team.i am trying to call him but he is not responding.
PIs hel me.

Regards
Sachin Tidar...
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S
Shankar.C
from Delhi, Delhi
Nov 4, 2011
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Delay no reply

Address: Chennai, Tamil Nadu

Dear Sir,

I have joined Shriram Chits TamilNadu , Chennai 6 months back and have so for paid the first and second installments, Rs.2500/- each, though i did not get any official confirmation from the chit company. My agent used to collect the cheque and deposite it to my chit a/c. But when i asked why no official letter is received so for , he says Govt is yet to approve the new chit group and it will get approved in the...
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A
aaaaaaaaaaaaa
Oct 12, 2011
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Cheat

Address: Chennai, Tamil Nadu

Shriram Chit Funds is one of the Cheating agency, I deposited monwy for the monthly chit for a Lac rupees. They promised to start from next month onwards. I was waiting for 7 months, nothing has happen. When i called they said it is under process and will start next month is the regular answer. I got frustrated and wanted to meet the manager, but manager is never seen. They told to withdraw if i dont want continue after 7 months and will...
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P
pk_rd
Oct 10, 2011
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Complaint Regarding Poor Service - Nanganallur Branch, chennai

Address: Chennai, Tamil Nadu

I wish to bring to light the poor service provided by Shriram Chits’ Nanganallur Branch. I have a Chit with your company for 5 Lakhs. I have been highly disappointed by the Service provided by them so far, right from the subscription until the auction.

I didn’t want to complain about their services received in the past, but after being a successful bidder and not receiving one’s money for over 2 months has been a big...
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M
mdr92007
from Hyderabad, Telangana
Sep 30, 2011
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harasses in unofficial hours for payment

Address: Hyderabad, Andhra Pradesh

I .Mekala Dayakar Reddy S/o M.Ram Reddy aged 28 occupation business R/O H.No 2-9-162,SriRama Colony,Uppal,Hyderabad. would like to submit a few lines for consideration and to take necessary action.

I here by submit I am the customer of ShriRam Chits Pvt Ltd Chikadpally Branch. I have chits of value 5,00,000 (FIVE LAKS) with Group no CHLL 19 with Ticket no 08 and a 10,00,000 (TEN LAKS) value with Group no CHLS11 with Ticket...
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A
A PRABHAKAR
from Delhi, Delhi
Sep 3, 2011
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Non-payment of Road Safety club maturity bonus

Address: Visakhapatnam, Andhra Pradesh

I have taken Road Safety Club membership through Shri Ram Chits vide certificate no: 1000126, as per the scheme Rs.30,000/- to be refunded on completion of 8 years. 8 years completed on 9.10.2010, even after submission of certificates & original bond, neither road safety club nor shri ram insurance company has refunded the bond money....
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S
sahanaar
from Mumbai, Maharashtra
Aug 17, 2011
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misselling

I had a 2 chits account with shriram chits numbered S3100133/4 since September 2010,after paying 2 installments for both the accounts I have decided to participate in the draw which the company refused saying that there should at-least be 2 sureties for doing so, which was not informed to as during the time of taking the chits, that was a surprise for me and also the manager of the purasavakkam branch Mr sudharshan and the assistant manager...
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C
COL L . PADMANABHAN
from Ernakulam, Kerala
Jul 9, 2011
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lack of timely intimation of dues and incorrect figures

Address: Chennai, Tamil Nadu

I am subscribing for 2 chit schemes. Group/Ticket No. 67007/32 and 67009/50, on the names of.Mrs. Bhanumathi Kumar and Ms. Priyanka Kumar (minor). Despite a request on telephone, I am not being provided every month with the Statement of Payments made. Also the current month's due intimation is received very late. For July 2011, due date of payment is[protected], and the intimation received is on,[protected]. Though generated in their...
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S
Shueb
from Bengaluru, Karnataka
Jun 3, 2011
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Fraud & Cheaters

Address: Bangalore, Karnataka

I am holding a chit in Gandhinagar branch. It is about to close in this month. I had been auctioned in March 2011. On the same day itself I had submitted all documents, whatever they asked and told me it takes 45 days to get the amount. But, still I didn't get the amount. It is almost 90 days going to cover up. Everyday I am calling and asking them what happened to the amount. They just keep on postponing the dates. Even I had approached...
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R
rajeshjesha
May 25, 2011
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Humiliating experience with Shriram Chits

Address: Bangalore, Karnataka

Hi,
I have been a Customer with Shriram chits for years now. Have had atleast 3 chits with you with few unpleasent expereince. In this current chit, it has crossed all the boundaries. I have finished and taken my chit in December and am yet to get the final check. Its been more than 5 months. My Branch is Mathikere, Bangalore. Manger is Mr. Prasad, sorry to say, he is the most difficult/brash/arrogant person I have ever encountered,...
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C
chinniecs
from Dhone, Andhra Pradesh
Apr 16, 2011
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NON RECEIPT OF DIVIDEND DETAILS & PAYMENT DETAILS

Address: Visakhapatnam, Andhra Pradesh

DEAR SIR,

I , E.chandrasekhar residing in visakhapatnam and i am a chit fund-holder of M/s. Shriram chits pvt. ltd., Visakhapatnam , branch located at Maharanipeta. My chit No: VHLL54/15, 52054 for the worth of Rs.100000.00 for 50 months.

In this regard, I took my chit amount after attaining auction. In this regard, I am ready to pay my premium / installment amounts for that auction amount / chit bid. But,...
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S
subbarao velamala
from Bengaluru, Karnataka
Mar 30, 2011
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NON RECEIPT OF BENEFIT EARNED LEAVES

Address: Hyderabad, Andhra Pradesh

Dear Sir,
MY NAME : VELAMALA SUBBA RAO
RESIGNED AT : visakhapatnam Zonal office
DESIGNATION: Senior Accounts Officer
PH NO : [protected]
Email id : subbarao.[protected]@rediffmail.com


I have worked in our organisation from 2000 to 2010,as a Senior accounts officer in vizag zone. i have resigned my job on 18.07.2010, I applied for my eligible earned leaves encashment on 18.07.2010,...
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R
ram petkar
from Raia, Goa
Mar 28, 2011
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giving fake information & cheating to customer

Address: Yavatmal, Maharashtra

dear sir,
my name is Ram N Petkar. i want to register complaint of your chit fund agent mr. Ritsh Bharut.my brother needs 2lack rupees.yours agent gave him chits 5 lacks to my brother and promiss to him within 3 months i will give to u 3.5 laks chits in auction and installment pay as u can i will manage all things.my brother pay all installment but when the time of auction your agent told i cant give you chits, because your installment...
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V
v.naveenkumar
from Anakapalle, Andhra Pradesh
Feb 24, 2011
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chits

Address: West Godavari, Andhra Pradesh

v.savithri chit in shriramchits in tadepalligudem.my chit is closed.deposit surity,3rdchit ke (g.rambabu),19000/ lean.as also lian amountclosed.my deposit is amount 42000/.but my balance amount not paid.total amount 3rd party is closed.but my letter only closed 19000/lian amount.no information.how it possible.my lien only 19000/.3rd lian amount190000/,2empolyee suritys.have please help me .letters xerox copy myhere.please help me. .VULLINGALA...
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Nandkishor PAnde
from Aurangabad, Maharashtra
Feb 11, 2011
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removal of membership purposefully

Address: Aurangabad, Maharashtra

I have 1 chit running . The local manager under the pretext of default purposefully removed my membership. He and his associate always refused to accept subscription by crossed cheque. Many times fail to issue cash receipt. On argument always tried to buck the questions and non traceable.After discontinuing my membership on 02/09/2010 not paid my amount till date. I tried to pursue with all concern but till date I have not got any relief....
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