Explore the most unique Chit Schemes like never before!

Welcome to myPaisaa

myPaisaa is one of the fastest-growing Digital Chit Funds in India. With over 20,000 App installs, myPaisaa is slowly becoming the goto App for investing in chit schemes.

With a digitally-evolved App, we are reviving India’s oldest and most-renowned form of saving/borrowing.

Central Government recognized and State Government regulated, myPaisaa Chit Fund App is also Chit Fund Act compliant.

With digital auctions, digital onboarding, digital payments, digital monitoring, digital payouts and more, we have made investing in chit funds or borrowing from chit schemes an extremely seamless experience.

What makes myPaisaa chit schemes one of a kind?

These are the several aspects that make myPaisaa one of the most unique chit funds


The number of auctions per month

After having known how traditional chit funds function, where only one auction could be conducted every month, we broke that format when we started conducting 4 auctions every month for our chit schemes. Now, with our latest chit plan, we’ve reached another landmark by conducting 10 auctions in a month.


As convenient as investing in chit funds seems, trust is always important as the chit fund space is filled with chit schemes conducted by both unorganized and organized chit fund entities. We at myPaisaa are recognized by the Govt of India and we’re regulated by the Telangana State Govt under Telangana Chits/ T-chits. Hence, we’ve received our badge of safety.

The Chit Period

We at myPaisaa are always experimenting with chit periods when it comes to our chit schemes. Back in the day, chit fund periods usually lasted from 25 month to 30 months. But we’ve restructured that as well, by conducting chit schemes that last for a short period like even just 10 months. This was done as we realized that people like to get funded and payback as soon as possible.

100% Digital App

Right from the first step of onboarding to the last phase of the chit fund, everything about myPaisaa chit schemes is digital. With e-Sign & Razorpay, you can be rest assured that documents are attested virtually and monetary transactions are secure and quick.

We offer different Chit Schemes with different Chit Values

Rs 3,00,000 value chit schemes:

This is called the Zyada Save Chit Plan. This is known to be one of the most popular chit schemes of myPaisaa. In this chit scheme, with a commission of 2% as it’s a high-value chit scheme, you can bid and win upto Rs 2,94,000 through e-auctions. Yes, all you have to do is pay just Rs 10,000 every month and voila, you can borrow this huge amount.

Rs 1,00,000 value chit schemes:

The Bada Save Chit Plan can also help you maximize your savings with unparalleled interest or can be your confidante when it comes to borrowing. Get ready to fulfill your goals with ease by investing in this flexible form of savings. By paying a commission as low as 2% only, you’ll be able to draw as much as Rs 98,000 through e-auctions.

Rs 50,000 value chit schemes:

When it comes to chit schemes that are of Rs 50,000, we have two types of chit funds. The first one is the Chota Save. It is a Rs 50,000 chit fund where you have to invest just Rs 2,000 every month. For investing this at just 2%, you will also receive dividends of about Rs 560 every month. This plan is ideal for your small goals!

The other chit plan is our latest entrant to the array of myPaisaa Chit Schemes.

It is called the 10X10 Chit Plan! This is a one-of-a-kind chit scheme as we conduct 10 auctions every month and the chit period of this plan is just 10 months.

Ideal for borrowers, the multiple auctions held every month give our customers more chances than before to get lucky and win the bid!

Although we are just a 2-yr old chit fund App, we have managed to prove our worth to so many countless customers with our uniquely crafted chit schemes.

So much so, that we have successfully managed to cross an estimated auction turnover of 25crores.

So what are you waiting for?

Start your savings journey with the most trusted form of savings in the most trusted way!


Joining myPaisaa 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.

You can make payments through cash, cheque, DD or through online payment modes from the myPaisaa app.
We prefer the online mode as it gives you complete control over your payment and receipt generation is also instant.

Each individual is allowed to borrow once in the entire period of chit.

Studies by Edwin A. Locke and his colleagues have shown that specific and ambitious goals lead to better performance. So having a goal will help you save with more commitment, ultimately helping you realise your dream faster.

You can borrow up to 95% from your chit value. However, the actual borrowing amount depends on the auction and demand for money in that month.

Ready to Join myPaisaa? Worry not, we’re here for you.
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