myPaisaa - One of the top 10 chit fund companies in India!
Welcome to myPaisaa
Who believe in myPaisaa?
What makes us one of the top 10 chit fund companies in India?
You know who are the people who love myPaisaa. Now, here are the reasons we are loved for, that make us one of the top 10 chit fund companies in India:
Our efforts in reviving chit funds with
Our adherence to
Our belief in
Our offering of
Unique Chit Schemes
With a solid 4.5% rating on Playstore & iOS, there is no stopping us from making investing in chit funds a popular mode of funding/saving/investing, digitally! So get on the myPaisaa bandwagon, one of the top 10 chit fund companies in India, to watch your money grow sustainably, substantially.
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.
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 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.
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. But with myPaisaa digital chits, one of the top 10 chit fund companies in India, 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.
All top 10 chit fund companies in India which are Registered chit funds are regulated by the Government of India. A registered Chit Fund Company makes a security deposit of a sum equal to 100% of the chit value into a Scheduled Bank as FDR, which is pledged in favour of the Registrar of Chits. A Chit Fund cannot be started unless this deposit is made. Therefore, as a participant in a registered Chit Fund Company you can be rest assured that your investments are secure.
To see our Government approved documents, click here