Join one of the best Chit Fund companies
in Hyderabad for your age group!

Welcome to myPaisaa

Invest your hard earned savings in myPaisaa chits and watch your investments flourish month on month. Whether you’re 23 years of age and just starting your saving journey, or you’re at the footsteps of retirement, this is an investment tool that has proved its mettle over time. The new and revived digital chit fund with its AI-powered platform is ready to transform your investment process by being one of the best Chit Fund companies in Hyderabad.

Our 100% digitally-empowered platform automates the process. We rely on India’s digital infrastructure of UPI, eKYC, and e-Sign for signing up and conducting e-auctions through our App. Hence, we charge a disruptive commission of just 2% unlike other chit fund firms who charge 5%.
Best of all, get ready to minimize your risk and maximize your savings like none other with the Best chit fund company in Hyderabad. We’re not only reviving the oldest form of savings with the latest technology, but we've also ensured we have the stamp of approval from the Government. Yes, we’re not only a registered Chit Fund Company in Hyderabad, but we’re also recognized by the Govt of India. We are even backed by the Dept. for Promotion of Industry and Internal Trade and regulated by ROC - Registrar of Chits.

So no matter what age group you’re in, myPaisaa chits is definitely the right choice to fulfill your financial needs. It’s time to say hello to a recognized and regulated Chit Fund Company in Hyderabad.
We offer Chit Plans that match your lifestyle and financial choices

Get ready to invest in one of the best Chit Fund Companies in Hyderabad and save with our goal-oriented plans. As in today’s day and age, Savings is not only entitled to retirement. You can save at every age for every stage in life.

As one of the top Chit Fund Companies in Hyderabad, we have studied our customers’ requirements and have crafted 3 plans for your sizable investment


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Students

Chota Save is a Rs 50,000 chit plan at myPaisaa that enables you to invest Rs 2,000 per month for a period of 25 months. If you’re a student, this plan suits you best. You can collect your weekly pocket money or part-time allowance and ensure it’s invested. With this, you can fulfill your needs like paying for your education loan or even buying a bike. Participate in weekly auctions to accomplish that short-term goal or if you are in it for the long run, earn monthly dividends which approximately amount to Rs 560, adding up to an annual return of more than 10%.
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Earning Professionals

This is ideal for you if you’ve just started working and you’re wondering how to mindfully save. In the Bada Save Rs 1,00,000 chit plan, we at myPaisaa enable you to invest Rs 4,000 per month for a period of 25 months. This is also suitable for you if you’re planning to up your investment game by a notch. Because, the interest you accrue from investing your hard-earned money in an FD or RD is 5-6%. Whereas, if you invest in our chit, you’ll earn about 10% interest per annum.
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Couples

This is a Rs 3,00,000 chit plan myPaisaa that enables you to invest Rs 10,000 per month for a period of 30 months. This plan is designed for couples who are planning to fulfill their combined goals. Instead of taking a home or car loan, we suggest you invest in the Zyada Save myPaisaa plan. We not only offer you bank-level security but also because you can borrow at a lower interest rate than a bank.
Get ready to invest in the best
Chit Fund Company in Hyderabad!

It’s easy to get started. All you have to do is follow a few steps to sign up on myPaisaa.
To invest in the Best chit fund company in Hyderabad, follow these steps




Step 1.   Download the myPaisaa App on Android or iOS.

Step 2.   Complete eKYC by sharing your Aadhar and Pan Carddetails and by taking a selfie.

Step 3.   Choose a chit plan that best suits your requirements and make the payment.

Step 4.   Submit your 3-month salary slip and 6-month bank statement on the App.




Our team will go through your credentials, validate your profile within 72 hrs, and authenticate your presence on myPaisaa! And voila, you’ll be ready to start your savings journey with myPaisaa.

With over 10,000 app installs, myPaisaa is undoubtedly the fastest growing Digital Chit Fund App in India and one of the best Chit Fund Companies in Hyderabad. So be a part of this popular and efficient savings scheme, where you can securely and organically grow your savings in a fluctuation-free chit fund market.


FAQS


Is myPaisaa, just a chit fund company in Hyderabad?

No, myPaisaa is presently operating in Hyderabad and Bangalore as well.

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 offer 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 maybe 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.

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. If your residential address is different from the address on the Aadhaar card, then we'll require address proof as well

Chit fund returns depend on the month you participate in and win an auction. A customer who stays for 25 months gets an annual interest of around 10%.

Traditional chit fund companies operate using traditional, complicated manual processes. Customers are required to visit chit fund offices in order to participate in auctions, leading to the loss of valuable time and energy. With digital chits, you can enjoy all the benefits of a traditional chit fund at your convenience. Digital technology has also automated the entire process making chit funds much more transparent, reliable and easy for the millennial customers of today.



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