myPaisaa is the best chit fund online!

Welcome to myPaisaa

Chit, chitty, beeshi, committee and kitty, Chit Funds are known by several names across the country. In fact Chit Funds form the foundation of the banking system in India. When it comes to saving sustainably and borrowing mindfully, chit funds are what pop up on every Indian’s mind.

Hence, we at myPaisaa decided to give a facelift to this legendary form of savings a face lift by becoming the First 100% Digital Chit Fund Online. With technological intervention, extensive market research and careful consideration of people’s preferences, we have successfully designed myPaisaa. With a dedicated team and a proficient App, we are well equipped to handle the responsibility that comes with running a Chit Funds Online.

Right from the process of onboarding to the process of payouts, we strive to ensure that our customers have a seamless experience. And when it comes to the credibility of conducting chit funds online like myPaisaa, we have taken all the necessary permissions.
In fact, we are recognized by the Govt of India, registered by the Telangana Registrar of Chits, and we’re fully compliant as per the Chit Act.

Moreover, we’re riding high on the digital wave in India by enabling our customers to complete their KYC by leveraging UPI, eKYC, and eSign. Apart from this, you can even participate in multiple e-auctions, monitor your chit online, choose from a variety of chit plans to invest in, enjoy real-time payouts, and save successfully!

Infact, two years into the chit fund online journey, myPaisaa already has a growing following of over 10,000 customers and an overall estimated auction turnover of Rs 25 cr. We are soon becoming India’s most trusted Chit Fund Online with our promise of helping Indians from all walks of like make the most of the money they earn.

The highlights of myPaisaa that make it the best chit fund online

We’ve rounded up some of the best aspects of myPaisaa for you


Administered by T-chits

With over 4 chit plans that promote both saving and borrowing, we have observed that our customers love the fact that we have multiple chit auctions every month unlike most other chit funds online. Our customers also love the hassle-free process of handling their chit, instant payouts and timely dividend payments, which comels them to invest more and more in myPaisaa compared to other chit funds online.

RazorPay Affiliation for Payments

Yes, our superior App is constantly upgraded to ensure we match your expectations at every given step. In fact, our handles are filled with positive reviews and heart-felt customer testimonials. This reflects the fact that our customers find investing in myPaisaa extremely rewarding and beneficial when it comes to handling their finances.

Best Savings

When it comes to savings, myPaisaa hands down gives a much higher return than any other RD or FD. Yes, we at myPaisaa can ensure that you will accrue 10% interest annually by investing in our chit fund online, whereas banks offer not more than 4% - 5% returns.

Best Plans

We constantly ideate to upgrade our chit fund online with new plans after studying our customer patterns. We have 3 plans that essentially enable you to save well. They are called the Chota Save, Bada Save & Zyada Save Plan which amount to Rs 50,000. Rs 1,00,000 & Rs 3,00,000 respectively. Our latest addition is 10X10 Chit Plan which is Rs 50,000 chit plan where we conduct 10 auctions in a month to increase the chances for our customers to win the bid amount.

Best Team

Right from our Leadership Team which consists of Founders Veera Praveen Reddy and Ravindranath Kamma, to the customer service team, each and every proud employee of myPaisaa is devoted to ensuring that we revere and regard the oldest form of savings by making it as easy and as accessible to people as possible by taking our chit fund online.

Get ready to save, borrow and more!

This is the myPaisaa advantage:


Watch your savings grow sustainably.


Invest in a fluctuation-free market.


Earn monthly dividends from your chit.


Participate in 4 - 10 auctions every month.


myPaisaa is the best chit fund online. It is a completely digital Chit Fund company that which is licensed by the Government of India and regulated by the Registrar of Chits. We just charge you 2 % commission instead of 5% commission which is an a industry standard. The UI of our app is extremely user friendly and easy to use and if you are facing any problem than then our team is always there to support you! Still don’t trust us? Check out the amazing reviews our customers gave us on play store!

There are 4 main advantages of investing in chit funds:

  • Chit fund is the only financial instrument that allows customers to save and borrow from their own funds.
  • Chit funds are one of the oldest forms of investments used by households to grow their money. Today, with FDs and RDs offering low-interest rates of 5-6%, chit funds have become a much more attractive investment that offers more returns, and more value for money.
  • Chit funds bring discipline to both the saving and borrowing activities of individuals. While the money you set aside for chit funds may be low, you'll definitely see steady growth and a clear path to achieving your financial goals.
  • Borrowing through a chit fund company in Bangalore is very easy and effective. As you're essentially borrowing from your own savings, the rate of interest is lower than market rates and can be as low as 0% depending on when you borrow from your plan. Hence, an Online chit fund App like myPaisaa is a reliable source of funds for emergencies.

When it comes to safety, myPaisaa is the safest and the best online chit fund in India. At myPaisaa, we offer bank-level security for your account. We have enterprise-grade security measures in place to ensure that every detail, including personal and investment details are kept secure. Also, all chit plan information is reported to ROC, Telangana, so that you can visit the official T-Chits website and verify the chit details.

Joining the myPaisaa chit fund online is very simple.

Step 1: Download the myPaisaa app & complete your KYC with Aadhar, Pan & Selfie.

Step 2: Choose a chit plan that suits your goal and make payment.

Step 3: Submit your income proof documents under Menu > Details > Documents in the app. And you are done.

Our team will validate and follow-up within 48-72 hrs once you submit your income proofs. Post which you shall receive communication via SMS, email and notifications.