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Shriram Chits Complaints & Reviews

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Updated: Jul 22, 2025
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Shriram Chits reviews & complaints page 8

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T
from Bengaluru, Karnataka
Feb 4, 2019
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Address: Anantapur, Andhra Pradesh, 515201

Sir, my mother who is widow working as assistant in govt college. My uncle took my mother salary slip and aadhaar card copy from my house and made my mother as surety in sriram chits pvt ltd without my mother signature. My mother never went to sriram chits company to make any signature nor company people never verified any records of surety. Now sriram chits company people issuing notice to my mother as my uncle failed to pay the dues... My uncle took the money in 2013. What action we should initiate to safeguard my mother...
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    M
    manuakula
    from Visakhapatnam, Andhra Pradesh
    Jan 19, 2019
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    forgery and misleading the people.

    Respected sir,
    I am manga thayaru subscriber of sriram chits since from ten years. Meanwhile suddenly shriram stepped in to the insurance business. When ever
    Subscriber bid the chit they’ll ask the members to invest in to the insurance, if they are not interested the chit was not released. Some time they’ll mislead the clint like,
    They’ll tell the clint that the money will return after...
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    V
    vignesh.s
    from Avinashi, Tamil Nadu
    Jan 4, 2019
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    Address: Madurai, Tamil Nadu, 625004

    Sir,

    As we have shriram chits initially duration period of 40 months and we have taken the bid amount at the time of our 35th month, when we requested the amount agent said that need to provide 2 security from the government job staff at the time we had one security the agent said there is an option instead of providing the security you can join in life insurance plan duration period of 5 years. Later we come to know no need to provide 2 securities only one is required when there is a pending of only 5 months in chit. Before we join to life insurance the agent promised us that there is a 5 year duration period after complete the 5 year you will get more than 1lac based on the policy. Like a way we joined and we paid yearly 15000 at the time of 5th year we check with the agent for closing our life insurance plan, he said that we need to continue for another 5 more years and if we closed now we will get only the 30000 but we paid till now 60000, the agent and the rm were spoken to us very hardly and they were cheated us. Please take a complaint this and do the needful of getting our actual paid amount of 60000.
    Actually this month we use to get chit but unfortunately we didn't get dat so i want know actually rules of chit and what are documents we have to sign while getting money and tell me about surity.do we required IT returns for getting money
    I am suicide about manager torch er... my death belongs to loan amout re payment...i am asking time but he cant ..
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      V
      Vinothkumar Raju
      from Adur, Kerala
      Dec 30, 2018
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      Address: 611108

      Dear sir.
      I have purchased tvs xl 100 50%, amount paid another 50% loan total 11

      Month loan i have paid due already closed last 2 month befour but still i am not received your employee not support customer. I really stealing. Customer support very worts customer support in shriram chit

      Tvs xl 100
      Tn-51
      Ah 4456
      [protected]
      S/o raju
      R. Vinoth kumar. R
      Foxconn it


      Still now not clear
      What is update
      Sir, Iam Sathesh, successful paid & completed so many chits in sriram for many years, but now feel very painful they forcibly asking to put insurance policies worth of 5 lakhs for taking chit, madurai branch ..pls give solution to overcome it .

      Thx
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        J
        janisyed3
        from Mahbubnagar, Telangana
        Dec 22, 2018
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        Address: Hyderabad, Telangana, 500028
        Website: Shriram Chits

        I am a successful bidder of a chit valued of rs.25, 00, 000/- about 3 months back in their himayatnagar branch. Post bidding i have submitted security of 3 open plots within 30 days. The branch staff are delaying the verification of documents under one pre-text or the other. It takes a minimum of 15 days for just passing the documents from one table to another and they finally referred the documents for a legal opinion and the panel advocate took more than a month to just call for what is required. My moneys are held up with them and the whole staff join with each other to behave carelessly to delay the payments which attracts interest.
        I was having two deposit at nagercoil branch and surrendred after maturity(29.11.2018). I have got one deposit amount.₹one lakh each value.
        The another deposit amount not yet received by me ...please look into it. I understand that there are some late actions in central office.
        ramabalasundaram's reply, Dec 19, 2018
        Today i have contacted the branch. All are in a meeting and not responding my complaint
        Any one don't get loan from shriram chitfund its a fraud agency
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          V
          Vinothkumar Raju
          from Adur, Kerala
          Dec 20, 2018
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          Address: 611108

          Dear sir.
          I have purchased tvs xl 100 50%, amount paid another 50% loan total 11 month loan i have paid due already closed last 2 month befour but still i am not received your employee not support customer. I really stealing. Customer support very worts customer support in shriram chit

          Tvs xl 100
          Tn-51
          Ah 4456
          [protected]
          S/o raju
          R. Vinoth kumar. R
          Foxconn it
          Please suggest me I intrested to cancel my policy how I collect my amount think you.
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            Y
            ymhshkumar
            from Delhi, Delhi
            Nov 30, 2018
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            Address: 500020

            Mr Anjaneyulu manager at Chikkadpally branch at hyderabad behaved very rudely with me and my wife when we went to branch to know about our non clearance of cheque which we gave for clearance of 1 lake personal loan.
            Loan was taken in the name of Y. Data see Devi.

            Me Y Mahesh Kumar and smut Y Satya Sri Devi are regular customers in Sri ram chits since 20 years.

            For your information and upkeeping the dignity of the company
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              R
              ramesh ashwin
              from Bellary, Karnataka
              Nov 30, 2018
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              Address: 500028

              Customer service is pathetic.. The beach office is nanalnagar, hyderabad, telangana.500028, please take immediate action against the respective employee of this branch as they don't know how to behave to customers..
              They must know the customer and reolve their iisues correclt and promptly without any hassles, i did not expect this type of service with this particuar branch, mehdipatnam, hyderabad
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                M
                Maddi Rao
                from Sambalpur, Odisha
                Nov 26, 2018
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                not refund of deducted amount and non response of staff

                Website: Gmail.com

                1. I was taken bike loan on 24 apr 2018 with rs 25000.00 down payment at narasannapeta branch on monthly premium rs 3193 per month. I was also clear my loan on 06 jun 2018 with rs 50584.00. My loan acct no is nsnpttw[protected]. 2. Now it is observed that on 07 aug 2018, rs 3193.00 haserroniously been deducted from my acct by your branh. I am approached at narasannapeta branch with manager & accountant for refund of my said amount, but they...
                +1 photos
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                A
                ashok cr
                from Chennai, Tamil Nadu
                Nov 24, 2018
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                Address: Chennai, Tamil Nadu, 600093

                It is been two months ur collecting agent didn't come to collect the money. He was saying he was got in personal work. How it will be our problem. Now why we want to pay together the same amount what profit we are going to get. It will make as a default list. Please take immediate action or else we will close our fund. Is this way u treat people. My ticket 9577/05
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                  P
                  pradeepkancharla
                  from Hyderabad, Telangana
                  Nov 23, 2018
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                  Address: Hyderabad, Andhra Pradesh, 500013

                  In the name g suresh with ref:3528/53008/22 chit fund scheme registered with surity of k pradeep reddy.
                  I, k pradeep reddy signatures foreged on registration on chit fund papers with my documents no agent has contacted for the surity approval. With that forgery on documentation. Branch manager, vanasthalipuram, hyderabad - 500070. Involved me as a defaultor.
                  When contacted branch manager he told me that executive forged your signature put case on him.
                  +1 photos
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                    L
                    Laxman Sangule
                    from Indore, Madhya Pradesh
                    Nov 16, 2018
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                    Address: 431005
                    Website: Consumercomplaints.in

                    3 month ho gaye sab amount dekar. But abhi tak bank me ecs lag raha hai, aur bouncing charges lag rahe hai. Bm ko 10 baar inform kar chuka hun. An tak koi sollution nahi. Itani third class service kahi pe bhi nahi hai. Mera nuksan huye wala amount mujhe to cahiye. Aur bouncing ke wajah se mera bank me naam kharab hua hai. Mera 5 laakh ka loan nhi hua. Inke wajah se
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                      P
                      partha45
                      from Chennai, Tamil Nadu
                      Nov 15, 2018
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                      Address: Chennai, Tamil Nadu

                      Chit money not giving till date. After so many follow up with shriram chits Annanagar office. No use.

                      They used my car for so many months.

                      when we ask money they say wait two days or officer out station and keep on lying. I donot know th reason.

                      please look into this and do needful. Any clarification please call me.

                      With regards,
                      S. Parth sarathy.
                      Annanagar. Chennai
                      [protected]
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                        N
                        Nalini Sg
                        from Bengaluru, Karnataka
                        Nov 14, 2018
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                        With reference to the above subject, i would like to bring to your notice that i have issued a cheque for rs 22000.00 dated 03.12.2016 vide cheque no 179483 of indian bank favouring m/s shriram chits pvt ltd. The same has been cleared on 15.12.2016. But amount rs22000.00 has not been credited to the above mentioned chit, instead they have credited only rs4200.00 vide receipt number[protected]. While inquiring the same through gandhi bazaar branch, staff has informed that remaining amount of rs17800.00 would be adjusted on later date as we had opened chit on 26.11.2016 and the same chit was started prior to our opened date. On inquiring the same at bellary branch, i came to know that the amount of rs17800.00 is credited to chit no 1130/80012/37 of bharathi manjula on 03.12.2016 vide receipt number[protected] with same cheque issued by me. Request you to consider this matter at your end and rectify the same at the earliest on top priority and recredit the amount of rs17800.00 + interest claimed till date

                        Regards,
                        S g geetha bai
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                          P
                          Pream Chand
                          from Hyderabad, Telangana
                          Nov 6, 2018
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                          Address: Prakasam, Andhra Pradesh, 523357
                          Website: bike insurance

                          Hii this is pream chand i bought a bike in shriram chits giddalur branch, i kept the emi process through online transactions or salary cutting but u r team unable to make online transactions and again they are asking to pay directly nd i am staying in hyderabad so how could i go nd pay every month... This makes me alot of problem i already complain about it few times but the giddalur branch unable to make transactions so make sure it clear
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                            Pradeep Manoharan
                            from Gudiyattam, Tamil Nadu
                            Oct 22, 2018
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                            Address: 605004

                            I have a fifteen years old two-wheeler, which is yet to expire so in order to get that updated, i visited the rto office and enquired about the process involed.
                            They said you should get a noc copy and form 35 from your finance support institution that is sriram chits,
                            So visited the sriram chit office, where officers gave null important to my request and simply said, that much old bike isn't worth, and that too that much old documents can't be searched.
                            So both noc and form 35 can't be issued.
                            At this point i don't know what to do, and where to complaint
                            Help please.
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                              M
                              mdhamodh
                              Sep 25, 2018
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                              Address: 607303

                              I am having 2 chits with sriram chits neyveli branch, tamilnadu.

                              Chit value - 2 x 10, 00000 = 20, 00000

                              I had bit one 10l chit on may 7th 2018 and arranged all the needed sureity and documents and everything submitted to neyveli branch two months back and got the confirmation that i will receive the money in 10 days. Not it been more than two months that i didn't receive the money and worst part is no one has any clue what's going on with this.

                              I called neyveli branch manager (I don't want even call that guy as manager) 100 times, everyday he says i will get the money today, i also called chennai head office many times but they also doesn't have any clue, simply saying we need to check with branch.

                              So i am not sure why should i wait for 5 months to get money, will you wait for 5 months if i am not paying monthly due every month? Are you going to pay the interest for my money?

                              Why the hell i have to wait 5 months to get my money? Are you guys planning to escape with everyone's money?

                              Till now i tried all the options to get my money, if i didn't get my money then i will have to go to press and file complaint in police station that you are cheating the customers.

                              I am waiting for positive response.

                              Thanks
                              Mohan
                              Sep 25, 2018
                              Updated by mdhamodh
                              Chit details

                              Chit1 - 4190/84010/6
                              Chit2 - 4190/84010/7
                              Sir my name is mallikarjun Kmm, my communication mobile number is [protected], but ur branch(VA Apparao road, rajamandri.)given my number so please delete my number from Google, so many people are calling me please delete this, that's all.
                              Hi I taken Personal Loan at Shriram [censored]s In Hyderabad Kharkhane Branch. Manager and Staff doing Fraud in Giving Personal Loan as they are taking Money if Some Problem is there with the documentation and Cheating the company. Need Solution for this as im going to send Court Notice with Out Paying Emi's. My Loan Number is: KRKHAPL[protected]
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                                D
                                Devi M.S.
                                from Chengalpattu, Tamil Nadu
                                Sep 20, 2018
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                                Address: 600100
                                Website: 1800-11-4000

                                Sir,
                                This is m. S. Devi i am the one of the customer of sriram chits and my ticket no is 65304 /22 i am from pallikarani.
                                I am paying instalment every month with fine if i am late paying but even though madipkkam branch rm & sankar collection agent are giving torcher to me for everymonth so because of this i am going to die … my another chit hold.
                                Sep 20, 2018
                                Updated by Devi M.S.
                                [protected]
                                I'm from proddatur kadapa district of andhra Pradesh.. I'm lifted the chit of 3 lakhs group no ..PDOL10/15 in Aug18.
                                The manager (chits) forcing very much to take insurance...otherwise he wants to recovery all future installments now only..
                                So please take relevant action..thanking you
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                                  C
                                  Chowdesh Kankanala
                                  from Jangaon, Telangana
                                  Sep 13, 2018
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                                  Address: 520008

                                  Hello team,

                                  A this is kankanala chowdeswara rao. I am a customer of sriram chits.

                                  I took loan of rs. 1, 00, 000 from shriram chits governarpeta, vijaywada branch. My monthly emi is 6170. My emi due date is 7-9-2018.

                                  Today i. E., 12/09/2018 your manager from the same branch his name is nagaraju (+91 [protected]) called me and said that my cheque is bounced however i'm having money in my sbi account without deducting money from my account how can he drop my cheque and bounce the cheque and the way he is talking to the customer is not at all good, he is very rude and demanding to the customer.

                                  I am sending my account statement also. Please find below attach ment (I am having all proofs).

                                  I have call recordings also.

                                  I request you to take immediate action on him if not i will take legal action on shriram chits so be careful...

                                  Thanks & regards,
                                  K. Chowdeswara rao
                                  +91 [protected], +91 [protected]
                                  +1 photos
                                  Sir my chit was lifted august 13th 5 lake group chit no 37 Humankind's, Nakkalagutta branch warangal dust telangana but till to date check was not given plz arrange at an early ... yours sincerely., pagidimunthala shankar.
                                  Been paying chit for 7 months now want to cancel the chit due to poor customer satisfaction. What is the process and how much I will lose? Your staff promises are all false and misleading.
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                                    R
                                    rishi pavan
                                    from Adur, Kerala
                                    Sep 11, 2018
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                                    Address: West Godavari, Andhra Pradesh, 534202

                                    Good evening sir
                                    My name is ch sarada I am from bhimavaram. I had chit in bhimavaram branch and it was completed. I had went to bhimavaram branch 3months ago and submited all the requried documents for recovering my amount.but untill now there was no response from the branch. And the branch manager was demanding money. And not responding properly and using ugly language. Please sort out my problem . Iam complaining to you because I am still believe in shriram chits.
                                    Thanking you
                                    I need clear my problem
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