In India, myPaisaa is the trusted online chit app licensed by the Government of India and regulated by the Registrar of Chit Funds. The company is bringing innovation to one of the oldest forms of savings used in many Indian households. The company has become completely digital.
myPaisaa offers a revamped, reliable, new-age chit platform for flexible savings, high returns and easy borrowing with just a few clicks. Moreover, the disruptive pricing of just 2% commission against the industry average of 5% enables us to offer far greater returns to the customers.
myPaisaa is leveraging India’s digital infrastructure to enable minimal dependency on manual/ cost-heavy operational processes with UPI payments, e-KYC and eSignature.
The company has already crossed 10,000 app downloads with an acquired auction turnover of more than 25 Crores. Now, the teams of myPaisaa are in the footsteps of the next phase of super-fast growth.
myPaisaa is a part of the Bharat Inclusion Initiative & DIPP.
Refer & Earn Scheme (Refer the friends & get up to ₹1 Lakh; a reward of ₹500 for every referral is given)
Reinventing the traditional concept of chit funds in India.
To provide a robust savings solution that must be better, cheaper and more reliable than banking systems, thereby, addressing the financial needs of over 500 million under-served people in India.
Licenses & Certifications:
Company Registration on MCA Website
Certificate of Incorporation with PAN
Certificate of Incorporation with TAN
Certificate of Incorporation with CIN
Start-up India Certificate
Chota Save Plan (50K Chit Plan @ 2% Commission)
Bada Save Plan (1 Lakh Chit Plan @ 2% Commission)
Zyada Save Plan (3 Lakhs Chit Plan @ 2% Commission)
myPaisaa is India’s first 100% digital chit fund app that allows to invest and earn high returns of up to 10% annually. It is a completely transparent chit firm that gets reflected in the way auctions and pay-outs are carried out.
myPaisaa is India’s trusted online chit app licensed by the Government of India and regulated by the Registrar of Chit Funds. We’re bringing innovation to one of the oldest forms of savings used in many Indian households. myPaisaa offers a revamped & reliable, new-age chit platform for flexible savings, high returns and easy borrowing
|Industry||Segment||Investment||Franchise Fee||Space||Expected No of Hours / month||Expansion Location/s|
|Financial Service Franchise||Financing,Loans,Funding ,Advisors,Brokers||Rs. 50000 - 1Lakh||Rs. 1 - 50000||250 - 500||10 - 20hrs||Hyderabad|