Welcome to myPaisaa
There are several reasons that can make you love myPaisaa of all Govt Approved Chit Funds.
myPaisaa is resolute in reforming a form of Investment that has its origin in India, chit funds. While the world is drifting towards crypto, this intent of becoming a trusted Chit Fund Company as it's the most sustainable and unique form of investment is admirable.
There isre very few Govt Approved Chit Funds and myPaisaa is one of them. We're registered by the Telangana Govt. Moreover, all our chits are thoroughly verified by them and you can even track the approval process of each on T-chits platform - it's a govt. Approved platform by the State Govt of Telangana to ensure there's clarity and safety for both the investors and the Registered Chit Funds.
myPaisaa is known for the transparency it provides. Be it going through chit details on a govt. Approved platform or be it providing the luxury to digitally keep a tab on your chit through our App, myPaisaa is the only digitally-complaint chit fund of all Govt Approved Chit Funds.
What makes myPaisaa a trusted Chit Fund Company is the belief its users have in it. myPaisaa has already crossed turnover of over 25 crores with over 25,000 App installs. This shows the amount of faith people have in myPaisaa, over other Registered Chit Funds.
To add credence to myPaisaa's presence, it is backed by Bharat Inclusive Initiative & the Indian Govt D.I.P.P (Dept. for Promotion of Industry & Internal Trade), truly giving it an edge over other Registered Chit Funds.
We're the first chit fund company to have Razor Pay on board as a payment gateway partner. Earning trust can be hard but with UPI payments, RazorPay eKYC & eSign on board, we're not only leveraging India's digital infrastructure but earning people's trust as one of the best Govt Approved Chit Funds.
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As you can see, this is how easy it is to ride on the digital waves of chit funds with myPiasaa, your trusted Chit Fund Company! Sign up now.
myPaisaa is a simple app that enables you to build your savings by investing in goal-based chit plans. With this app, you get complete control over your chit plan. Unlike traditional chit funds, myPaisaa makes it easy to save for your goals, while giving you the option to borrow from your savings in case of emergencies.
There are 4 main advantages are:
The chi 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.
Investing in one of the best Chit funds in India like myPaisaa brings 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 chit funds 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. Chits are a reliable source of funds for emergencies.
When it comes to safety, myPaisaa is the safest and the best govt-approved chit funds. 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.
You need to submit KYC documents that include your PAN and Aadhaar card to join a chit plan. If you are a salaried person � 6 months Bank statement and 3 months payslips. If you are a business owner 6 months Bank statement, ITR & any one of -Business licenses/GST/Rental Agreements.
