Scam or fraud: Shriram Chits — Not responding on our chit amount

Submitted by: govindraju.kaveti

Complaint Details:
Hi,

I Mr. Kaveti Govind Raju from Hyderabad paying two chits from vanstalipuram and kothapet branch of 3 lakhs and 5 lakhs. recently I have done my son marriage by means of this 3lakh chit.

I have participated in October auction and requsted for amount as per the manger satish of vanstalipuram branch (3528) said that it would be given on 20th of November but he not at showing any responsibility to get our cheque instead he suggest us to take a insurance which helps to get the cheque immediately.

Why we should take a insurance against the chit? which is not required to us.

And today when I called satish and shouted on him about the cheque he say go and cancel the chit and do not ask about chit to him, he says go and ask to the person who had suggest you to take a chit in shriramchits.

And we tried to reach DM of hyderabad who sits at DSNR Branch we are tried to reach him and complaint about the situation from 20th of November to till date he is never been in office (as per Satish and Balaswamy) he is continuously busy with the meetings. i am really suffering to get my money from chit fund and I am am paralyzed patient.

Hope this mail would help us. This is the last hope which make us trust on your chit fund or else we think Shriramchits is big fraud and this would be our last mistake, have taken discussion to pay chits in your chit funds.

Our Chit Details

Name : K Govind Raju
Value : 300000
Period :30 Months
Branch : vanstalipuram branch (3528)

Thanks and Regards
K Govind Raju

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