Shriram Chits Complaints &amp; Reviews

Address: Hyderabad, Andhra Pradesh

am V.Koteswarrao, a middle class person having one chit running with sriramchit at Kukatpally branch, Hyderabad. I have fixed deposit in same branch my fixed depost duriation 1 year [protected] to[protected]. after due date branch pepole not intimated and not process the further . i goes to sriram chits office that persons telling sir ur fixed deposit amount getting next week here already complete my due date . Kindly take action and pl...

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Address: Coimbatore, Tamil Nadu

I HAVE PUT AN CHIT IN SRIRAM CHITS THE ACTION HAS BEEN COMPLETED ON APRIL-11TH

BUT STILL I DIDNOT GET THE CHEQUE FOR THE AMOUNT Rs.80000
THEY NOT RESPONDING

I HAVE TAKEN THE CHIT FOR URGENT PURPOSE. I SUFFERED MORE
BY MENTALLY BECAUSE OF NOT ABLE TO GIVE THE AMOUNT.
I AM PAYING INTEREST FOR THAT.BORROWED AMOUNT.

CHIT DETAILS.

[protected] RAMANATHAPURAM...

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Address: Andhra Pradesh

dear sir

My name ids B murali sudhakar,officer,canarbank,muralinagar br,vishakhapatnam and i have opened a chit for rs 50000/- in your mvp colony br,vishakhapatnam,andhra pradesh with vide no vmlv 10/42 on 26/07/2009.From the the 1 st date i have contacted the your mvp colony br several times about the notice/intimation about the monthly payment over phone including the manager and accountant also. . But till date i dont no...

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Address: Andhra Pradesh

HI THIS IS PRASHANTH AND MY COMPLAIN IS ABOUT M/S SRIRAMCHITS I HAVE SUBSCRIBED TO ON OF THE 5 LACS CHIT IN HIMAYATHNAGAR , HYDERABAD BRANCH AND WAS AWARDED THE CHIT IN SOME 11TH MONTH AND AFTER SUBMITTING THE SHURITYS WAS TOLD THAT SUHRIETYS ARE NOT ENFOUGH AND WAS TOLD THAT WE COULD NOT MAKE THE PAYMNET BASED ON THAT ABD AFTER 1 MONTH SRIRAM AGENT AND HIS MANAGER HAS APROCHED ME SAYING THAT THEY WILL CONVERT MY BID AMOUNT TO FDS AND WILL...

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Address: Vizianagaram, Andhra Pradesh

Dear Sir,

I Ch.R.K Raju working as a retail oparational manager in Kuwait Landmark group. I have a chit in Vizianagaram Shri ram chits with my wife name Chintalapati venkata durga. we ahve a chit of 500000 chit. We called the chit last month. what ever the securty they asked we produced on time.But stll they are delayed my check. So are harrasing my wife mentally and physically. So please kindly look in to this matter and...

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3 Comments

Dear Sir,
My friend had took some money from Shriram chits,Andhra Pradesh and I had put my plot (300 sq yards) for surety(mortagage) for his loan,the Shriram chits took my original plot registration documents..At that time my plot is clear.My friend took 10 yrs to repay the loan amount to Shriram chits.Now Shriram chits returned my original plot documents,but the plot is now grabbed by someone and they built a 2 small huts in that.Can...

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Dear All,

Shriram chits is not doing a good business now a days. At the time of investing the chit procedure is very simple but at the time of auction and to issue cheque there are numerous problem. i invested four chit in this company and the complaints are below as follows.

Entering Procedure: You can invest in any name with out any id proof or without any salary certificate. only the chit amount...

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3 Comments

Every month i was suppose to pay one month emi amount of Rs 1826.But this month they had mis used my cheque and presented twice a month..More over cheques i had given was clearly mentioned with the dates and month accurately,even though i dont no how they had presented two cheques with different months in a same month..To clarify that i had called up for that issuing branch but no one had responded my call,first of all no one ready to hear...

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I have availed a personal loan of Rs.1 lac from Shriram Chit Company in 2008. In order to close this loan amount, I requested them to release the chit fund and adjust the same against the above referred loan. Now they are purposely delaying the matter. My funds are lying with them without bearing any interest whereas they charge interest @ 21% per annum. After sometime, they will send me legal notice to settle the personal loan. I repeatedly...

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Bidding process is fraud. they are increasing the bids without any bid to give good subscrition amount to ohers . ( poor bidder is bidding paying high amount. )

I have not bid & not participated but forciblily auctioning on me. I have not recd the amount till 09.12.09 supposed to receive by 11.11.09.

pl let me know under whom ( govt dept ) chits are monitored....

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3 Comments

I had enrolled in shriram chits in 2005 due to my fathers relationship with the branch in Sirkazhi & had 2 nos of 3 lakh chits.Although the chits were under my name My father who was managing the chits passed away & I had to take an assignment in Dubai.
I had paid all the installment & both the chits matured & I got the whole amount which is total of 4.2 lakhs except for the last cheque which is more than a lakh of...

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I am having three chits with SRIRAM chits in Bangalore. They never settle the bid amount and try to
convert it into FD in their group companies.

Recently I bid the third chit and I need money desperately. They are not settling the amount, 1 lakh till date i.e even after two months.

Their mangers and senior managers never attend customer calls and if you meet they give false promises.

This...

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We have paid two tickets worth of Rs.28,000 ( Rs.14000/- each) as first/initial chit amount, towards Rs.5 Lakhs chit from Shriram Chits, Chromepet, Chennai-44, on April'09. Till date they have nerver called for any biding, when asked they are not responding properly and dodging. When requested to return the money they are not obliging or not paying any simple interest for the sum locked with them. We dont know what to do?...

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Dear Sir,

Kindly read the below complaint mail against Shriram Chits,Chennai, which is forwarded from my side.

Please help.

Thanks and Regards,
J A Ganesh
Chennai
[protected]

[protected][protected][protected][protected][protected]------

Dear Sir,

My loan no : ISHICDAR215338/08br...

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I had taken a Chit of Rs. 5 Lakhs on 10.08.09 and submitted all the documents on 28.08.09 at Shriram Chits, Nanganallur, Chennai-61. Even after 28 days, they hv not paid the auctioned money of Rs. 3 Lakhs till today (24.09.09). Inspite of repeated visits to Branch and phone calls, Mr. Ashok, Manager and other staff are delaying the payment without any reason. I hv not expected such a lethargic attitude from a reputed company like Shriram...

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My chit reference from the Madanapalle Branch No.MPKM 4/07 for Rs.100000/-
1)On 20.05.09 I have auctioned my chit and came out the aution room, but there was no clear cut instructions from their staff - in the room one of the employee told 3 government enployees surity with their salary certificates.
2)Before on 20.05.09 Once I discussed with Madanapalle Branch Manager regarding surities-stating that private companies are also...

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Hi

I had subscribed for and 5Lac chit of 50 months in the month of march and started to pay the subscription from April 2009 vide cheques, at the time of subscription i was told that the chit is in its second month march was foremen's bid and april is public bid, i had to pay 20 thousand a per his details including march and april sibscritpion, i said i cannot afford to pay 20 thousand in single month, he gave me an option...

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6 Comments

dear sir m kiran kumar ab, i purchesd a consumer prroduct through sriram city union finance ltd, in 2005 i supposud to pay 8 emi, in that 2 cheque got bounced, due to non payment, after that i went to on of sriram chits n payed 2 months dues by cash n got recipt, n my loan was cleared n i got ( noc) certificate frm sriram chits, on nov15, 2007.., now again they sent summons to me dated 24/07/2009, that i have to attend to addl chief metropolitian...

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respected sir in my pancard ref no BFWPS9789A NAME:KANDIKUPPA SRINIVASARAO BUT printed in that pan card KANDI KUPPA SRINI please rectify my name in PAN CARD as early as possible...

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