[Resolved]  Shriram Chits — Not cooperative

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 they suggest for taking further investment in SHRIRAM like investing in policies or deposits. This all looks as their strategy for selling their products instead of releasing the bidden amount. I seriously tried to reach higher management for review and always failed to get the contact. SHRIRAM is only want to get investment from customer not for helping customer for their benefit. I encourage SHRIRAM chits Regional/Divisional to look into these and help their customers for their future benefits. Regards Nagendra [protected]