January 20 2022 | Chit Funds |    VIEWS

Exploring the myPaisaa Community – IT Professionals


Chit Funds

After Bangalore became Asia’s Silicon Valley, the IT boom in the city has been unprecedented. We as a chit fund brand, are all the more glad about our presence in the promising city of Bangalore.

We are thrilled to say that a lot of myPaisaa patrons are IT professionals. They rely on saving in / funding from a chit fund to fulfill their various needs.

Now, let’s look at the typical scenarios of various IT professionals who are chit fund investors and understand their journey. 

Srikanth is an IT professional who has been in the IT field for about 20 years now. All through, life has taken different turns which indeed has bestowed various responsibilities upon him. From getting married to securing a house for his family to ensuring his children are educated, he has successfully fulfilled all his responsibilities and continues to do so. But was he able to do this, just by relying on his salary?

Well, no. This is because he was able to always rely on a chit fund for all the reasons above. He used to invest in community-based chits. But once he stumbled upon myPaisaaa, he decided to give digital chits an honest attempt and he has not refrained from investing in myPaisaa, ever since. 

Yes, right from digital authentication to digital auctions, he saves a lot of time, energy, and money. He finds support in a myPaisaa chit fund like none other. By investing in this age-old form of savings, is how he is able to fulfill all his requirements by clearing chit fund loans at nearly 0% interest. 

Siddharth is newly married; he and his wife fall into the DINK category. He’s young, ambitious and though he has been an IT professional only for a few years, he has decided to slowly make his lifetime dream of becoming an entrepreneur, come true. He is able to take this bold step as his wife, who also earns has given him the assurance that she will indeed support the family financially until his startup breaks even. This assurance has indeed propelled him to become an entrepreneur. But, what about the expenses and the initial investment he will need to pursue his dream? 

Well, that is where investing in our chit fund gives him the leverage to experiment and kickstart his startup journey.

Right from the initial documentation process to purchasing the equipments required, he relies on our chit plan for funding it. He has invested in our Zyada Save Plan, where he can win the auction in the first month itself and secure nearly 3 lakhs which will enable him to fulfill all the initial requirements for his company. 

These are just two examples of the kind of IT professionals we have onboard and this was a peek into their financial journey. If you are also a myPaisaa chit fund investor and an IT Professional, please do share your story with us. We’d love to hear from you. 

If you are a novice in the field of financial investments and relate to the characters above, then please do reach out to our customer care team. We’d love to talk to you about how myPaisaa can aid you when it comes to your personal finances. 

As they say, it’s never too late to start saving, successfully and sustainably. 

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