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

Shriram Chits reviews & complaints page 9

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K
Keshav Sivakumar
from Chennai, Tamil Nadu
Aug 31, 2018
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escalation : delay of payment of funds

Address: 600020

I have an existing policy No 50284659 in the name of Keshav Sivakumar (Self) I had submitted all documents for foreclosure on the 14th of this month in the adyar branch where i had made the investment. the staff told me that it will take 10 days for the funds to be credited into the bank. at the time of submitting the documents itself, i had mentioned about the urgency of the funds for paying my educational fees in a college abroad in which...
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U
usvv
from Noida, Uttar Pradesh
Aug 28, 2018
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bided chit amount not yet received even after one half month

Chit auction conducted in july 14th in mvp colony branch vizag. S. Bidder is chit no 7705/45 on the name virajita vainateya. Submitted all documents as per procedure but not processed yet inspite of protracted pursuance. I am 25 year old customer, chit auction was bidded on higher side for want of funds. But so far your office has not processed the bid prize. Very poor state of affaires in shrirama which i have been experiencing since fee...
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M
mgk murty
from Rajahmundry, Andhra Pradesh
Aug 16, 2018
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delay in payment of chit amount

Address: East Godavari, Andhra Pradesh

Please let me know how much time will you take to give the bid mount to the party after auctioned the chit.

I had a chit with shriram chits p ltd and auctioned. But so far i could not get the money.

As im very old customer of the branch i rrquest you to kindly inform how much time will you tske to releae the bid amount.

Thsnking you sir

With regards

Yours faithfullyibr...
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M
Manoj Ramesh
Aug 12, 2018
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insurance policy maturity check not received for the last 2 years

Address: 620008
Website: www.shriramchits.in

I have bought sriram akshay nidhi life insurance policy in 21/12 2010. As per sriram chits promise about this policy commitment in this policy, i am supposed to receive a payment of inr 57, 500 in 5th year (Which was 2016). It has been 2 years now but still we are waiting for this check. While following up with trichy branch we got to know that the check was sent to a wrong address as per their records. (Door number and street mismatch in...
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P
Padmarajan R
from Kumta, Karnataka
Aug 5, 2018
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deposit 10000-some 7 years ago — not refunded — reg

Address: Thanjavur, Tamil Nadu

I was regular customer of pattukkottai shriram chits some 7 years ago. Before 7 years i took last chits. They took rs 10000 — for insurance. For 3 years scheme, i left with one payment only.
As per rbi act my balance amount to be released to me.
But the pattukkottai branch officer sent one person to my house for collection of the arrears.
I was shocked to know asking arrears by sending special person to my house and...
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J
Janaki p
from Hyderabad, Telangana
Jun 30, 2018
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chit amount release

Address: East Godavari, Andhra Pradesh, 533212

Hi, this is Ramesh from Amalapuram, we used to pay around 4000 per month as a savings for Sriram chit fund-Reference no-56011, 3 months back our chit amount was released but they didn't give us my amount, I have visited so many times and called many times but he is trying to escape like they will give next week next month like that they are postponing, we fed up with chit amount, kindly take necessary action...
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K
Krishna@82
from Chennai, Tamil Nadu
Jun 26, 2018
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wrong promise

Sriram chits senior manager lingaraju id no. Cl00254. Recently he transferred to sangareddy. I am k krishna my policy no. Np[protected]. At the time of joining i asked him "if i want to cancel the policy within how much time i can cancel and how much amount i will get" for this he replied within 3 years and you will get 80% amount. So now it is 4th year, i dint paid policy, due to some financial problem i want to cancel the policy. I asked...
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P
Paul Prabhu
from Bengaluru, Karnataka
Jun 25, 2018
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complaint regards your collection executive

Address: 560030
Website: www.shriramchits.in

This paul prabhu i took a bike from mahindra showroom before 3years and i couldn't clear the amount because my health got problems suffered in jaundice and piles so i kept my bike to one person for interest and that person said give of me only this bike i will pay for shriram and your executive came but he told and gave don't pay why ur paying mistakes are done from u people and we suffer for whole life in cibil mark and later we complained...
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D
dsdorai
from Chennai, Tamil Nadu
Jun 20, 2018
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payment not settled

Address: Chennai, Tamil Nadu, 600112

Chit tkt no. 4270/65023/ 25, 26, 27 & 28 - prema.in one of the above tkts, i had got the chit in april 18 month. After submitting the required documents, informed that documents are invalid as the surety is retiring in may 18. Eventhough i was made as an agent, the chit amount could not be processed till date for one reason or the other. The amount due is around rs. 4.25 lakhs. Considering the huge amount, request to settle with due interest....
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S
Suresh Anandan
from Ayyampettai, Tamil Nadu
Jun 18, 2018
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personal loan complaint.

Address: 635811

Last week I applied personal in your organisation Ambur Branch. I gave all documents for that. Then they assured give with in 10 days. But the field officer call to me i will saw your house. That time i had in my personal duty. They i told him you will come. Then he agreed. But not came tomorrow. Then i called him by mobile phone, but he said i am not come your convenience and he reject my file with a reason of customer not satisfaction....
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S
Sheelarani06
from Hyderabad, Telangana
Jun 14, 2018
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I am complaining about chit

Address: 500040

I have lifted my chit in the month of february but till yet the manger and the agent is not giving the amount.
They are black mailing to pay new life insurances then only the chit amount will be paid.
This is the sixth month the chit has been lifted but yet it has not be given to me.
Maredpally branch.
The manger and agent are harrasing and blackmailing without giving the chit amount....
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G
gowri2
from Kanchipuram, Tamil Nadu
Jun 2, 2018
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my chit no.67005, ticket no.21 of rs.5, 00, 000 of mogappair branch

Address: 600037

In spite of my personal visit and telephonic conversation, i have not received my ledger details of my chit no.67005, ticket no.21 of rs.5, 00, 000/- which as marked as auctioned, without my concern. I request you to furnish the details when was the auction conducted and who are the attendees also on behalf of me.in case of failure to provide the aforesaid details suitable legal action might be taken up....
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G
gln62
from Hyderabad, Telangana
May 26, 2018
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too much delay in clearance of money which was sent by neft

Address: Srikakulam, Andhra Pradesh, 532001

Good evening sir!
I am laxminarayana gunta subscribing 25 lakh rupees chits to shriram chits private limited, srikakulam.
I have been remitting my monthly instalment amount to shriram chits private limited through neft transfer via net banking.
Recently they have changed their account number.. Nearly 50 thousand rupees of mine is kept under suspense account till now it is not credited as my premium.
Every time...
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Z
Zeb Waturuocha
from Nagamangala, Karnataka
May 15, 2018
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payment not received, documents submitted for more than three months

Address: Mysore, Karnataka, 570007

I have a 3-year chit fund with shriram chamarajnagar branch which matured by december 2017 and documents signed and submitted in feb 2017. The manager has refused to take my call and does not call me back. I need that the money be remitted to my account with interest from the date of maturity to date of payment. I will initiate legal action of intention to defraud against the manager if by the end of this week i have not received the money...
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C
Chennakesavarao Surepalli
from Paloncha, Telangana
Apr 28, 2018
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worst performance of vuyyuru branch belongs to krishna district andhra pradesh

Address: Krishna, Andhra Pradesh
Website: kesavaonly4u@gmail.com

I surepalli vishali my chit number is 56009/28/200000 i bid that chit january 2018 but still now i am not reciving that bid amount when i meet that chit branch manager they always said sir wait for 3 days only it will repeats from last three months when i am ask seriously they said i have no collection amount thats why i am not paying that amount ithink that manager was not passing 10 th class also and the team of sriram vuyyuru was very...
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S
sayednurullah inamdar
from Mangalore, Karnataka
Apr 28, 2018
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delay in the amount refund of chit no. 69003/38

Address: Gadag, Karnataka
Website: www.shriram.com

I, Sayed Inamdar had auctioned the chit on 13th of march 2018, but still i have not received the amount. Please send the amount as early as possible as my daughter's marriage is fixed on 15th of may 2018 and i am in need of the money. My chit reference No. Is 69003/38 and the branch is in Gadag-Betagiri(Karnataka). Please see into this matter and do the needful as early as possible....
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S
sanjeeva rao Kota
from Hyderabad, Telangana
Apr 20, 2018
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i am complaint about your bm parvathipuram of vizianagaram dist.

Address: Vizianagaram, Andhra Pradesh

My chit no 84003/30 auctioned in the month of november 17. Till my account not settled even though i have completed all formalities as per company norms. L have approached the bm parvathipuram several times but he's not settled. What is the use of chit if the account settled within the time. I request the person concerned may react at once and settle the issue at early date....
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N
N.kalyani
from Hyderabad, Telangana
Apr 13, 2018
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non payment of lifted chit amount

Address: Karimnagar, Andhra Pradesh

I, n. Kalyani lifted my chit reference number krls-06/43 amount of rs.10, 00, 000/- on 4th saturday of february, 18 for an urgent need of amount at your branch karimnagar but even after 50 days i have not received the amount. Your branch is go on post poning the payment. I have been keeping patronage with your chit even after non payment's with in time and sorry for the same. I regret very much for this type of your patronage and payment....
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I
iyengara
from Bengaluru, Karnataka
Apr 7, 2018
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non payment of bid amount even after 4 months

Address: 560078
Website: sriramchits karnataka pvt limited

I have not received the bid amount even after 4 months.
DETAILS
NAME ; A.GOPALA IYENGAR 77(senior citizen)
chit no 74012/30
termination date 9-5018 br jayanagar
manager refuses to take calls
up to date instalments are paid
If there is a further delay entire amount excluding foremans commission must be paid. pl intervene and settle the payment. I am the first customer of your company since 60ies....
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J
Jaya Bhargav
from Bengaluru, Karnataka
Apr 4, 2018
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regarding insurance for my bike

Address: Anantapur, Andhra Pradesh, 515671

This is bhargav from dharmavaram, anantapur district. I went to ur insurance company for my bike insurance in dharmavaram. They have taken money and informed that insurance will be done by evening but till now they didn't even gave any response nor they even didn't respond to my call. I need immediate response from ur end or else it will be highlighted in social media also. This is ur company person name and number to whom we paid amount....
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