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Dhanalakshmi Srinivasan Chit Company - Chit company cheated

Mamatha Nair filed complaint against Dhanalakshmi Srinivasan Chit Company on Jun 1, 2019

I am working in Central Govt office Vellore. I had been paying money in Dhanalakshmi Srinivasan Chit Company, Vellore to pay the fees for my son and daughter who is **th grade and Msc graduate respectively. I've taken the chit in the month of January for **,***/- in * lakh chit bit until now I've not been paid even a single penny. Now they are not at all responding. I've informed them that I've to pay the fees for my son who is going to **th std and the school starts on June *rd and before reopening I have to pay the fees, but they are not responding and are treating me very badly by ignoring me very badly. I've also joined for *L and **L chit in order to close the debt I've taken for my daughter's marriage but now I'm afraid about the genuineness of this company. I've talked to the DM to cancel all the chit and return my money as I've already paid nearly *,**,***L (approx) for all the chits till date but the DM is so ignorant and he says that he'll deduct the cancellation charges, which is half of the amount paid and then only he'll give rest. I've confronted him saying that I should ask for the penalty for not giving my chit money * months back and I've not paid my son's fees and couldn't admit my son in school but he said he doesn't care and doesn't have time for all this and hung the phone. After which he didn't pick up the call and didn't respond for my WhatsApp messages though he had seen it. I'm a diabetic, hypertension and heart patient. With this issue in recent times, I've suffered a lot mentally and physically. My BP has risen and I'm starving. Each month I'm paying nearly **,*** for this chit company hoping I could resolve all my problems. I've not paid my home loan, personal loan and other debts as my money is blocked in this. For so many days I've not eaten anything each and every day I'm suffering from heartache. I couldn't tolerate anymore. I've already told the DM that if the money doesn't come on time I've no other option but to end my life as the lenders would come home for their money. I've lapsed the home loan also. But nobody cares. I don't even have the money to buy regular medicines, provisions or even milk. Already money lenders have started to come home regularly and abuses me verbally. There's also one more important thing is that the DM has recently sent an executive to my home saying that I have to sign in a document for cancellation and refund of my money but the document was empty but still I signed hoping to get back the money as I was in need of money very badly for the loan and school fees. But after which they totally ignored my call and put my number in the blacklist. I'm not able to contact anybody. I thought of going to their office but don't have the money for auto as I couldn't walk after the recent chest pain and my legs are swollen due to the high diabetic. I request you to do something. I require you to get back my money and the company has to compensate for all the financial losses and mental agony they had given me for the past months. I didn't even have the money to pay for this forum. But one of my daughter's friend suggested me this app and had given money for this. I hope you would do the needful. Help me or else I'll have to end my life along with my family members. I have no other option. Help me as soon as possible as I couldn't survive debt for so long.

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Complaint Status

Resolution Demanded:

Apology letter from company

Refund / Credit for purchase

Replace / Fix problem

Damages for loss and agony

Dhanalakshmi Srinivasan Chit Company

3

Total Complaints

1

Total Resolved

33.33%

Consumer Satisfaction

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