# myPaisaa — Digital Chit Funds

> Digital platform for transparent online chit fund operations and participation. (iPhone/iPad app by Finsave Technologies Pvt Ltd.)

- Source: https://appshunter.io/ios/app/mypaisaa/id1538162542 (this page in markdown: same URL + `.md`)
- Developer: [Finsave Technologies Pvt Ltd](https://appshunter.io/developer/1538162544)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 1 App Store ratings · 53 written reviews indexed
- Age rating: 12+
- Requires: iOS 15.6 · 46 MB
- Languages: American English
- Released: 2021-09-29
- Data updated: 2026-08-31
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/mypaisaa/id1538162542/reviews.md

## What is myPaisaa?

myPaisaa is a digital chit fund app built by Finsave Technologies Private Limited to make chit funds simple, transparent and easy to access for everyone.

With myPaisaa, you can join chits, make payments, participate in auctions, and manage everything in one place - without the usual hassle. It's designed to give you a smooth, secure, and fully digital experience.

We operate in alignment with the regulatory framework of the Chit Funds Act, 1982, along with applicable amendments, ensuring adherence to the legal standards governing chit fund operations in India.

Chit fund is a unique financial instrument that works for both saving and borrowing purposes. We are a completely transparent online chit fund firm and it reflects in the way we do our auctions and payouts.

Why myPaisaa:
1. We are registered as a business entity with the Government of Telangana, India
2. We are regulated by the Registrar of Chits and investment is 100% secured with a security deposit
3. Joining formalities are simple, transparent and completely digitized
4. Easy document submission through eKYC and eSign
5. Multiple diverse goals to cater to diverse customers
6. Chit information is readily available on the app
7. We hold multiple auctions every month as per the chit plan
8. All auctions are held in real-time on the app and winners announced immediately
9. Dividend and prize money payouts are completed within 24 hrs
10. Chit transactions can be managed independently through the app

myPaisaa Chit Plans:
myPaisaa Chit Plans have been designed keeping every single customer and their various goals in mind. They’re tailor-made to ensure you realize your goals in time, every time. Choose from 1 Lakh, 3 Lakhs, 5 Lakhs, 10 Lakhs, 15 Lakhs, 25 Lakhs chit plans with 1 to 4 auctions held every month. 

Go ahead, start your savings journey with us!

We need the following permissions:
1. Camera & storage – To upload image or photo and proofs related to KYC and document upload.

For any product feedback please reach us at info@mypaisaa.com

Privacy – https://www.mypaisaa.com/privacy-policy.html
T & C – https://www.mypaisaa.com/terms-conditions.html
Licenses – https://www.mypaisaa.com/license.html

## Key features

- Digital chit fund platform
- Transparent online auctions
- Real-time winner announcements
- 24-hour payout processing
- Digitized joining and KYC
- Multiple chit plan denominations
- Independent transaction management

## Recent user reviews (10 of 53)

All indexed reviews: https://appshunter.io/ios/app/mypaisaa/id1538162542/reviews.md

### 5/5 — Best app for savings and borrow

*2025-11-26, version 2.5.3*

Best app for saving and borrowing, with great features like live auctions, monthly dividends payout, multiple auctions each month, easy EMI payments, and transparent bidding. Customer support is also excellent.

### 1/5 — Total Scammers don’t fall for it

*2025-10-11, version 2.5.1*

My friend took a chit of 3 lakh and he is been paying 10k per month. He got the chit but the money hasn’t been credited to his account. Whenever he calls the customer support they tell him that its some payment channel issue. its been two months since that and still
he didn’t get the money. now he raised this case to consumer court and waiting for the judgement.

### 5/5 — Good app

*2025-07-19, version 2.4.3*

This app is really easy to understand and easy to invest for future savings..

### 5/5 — Good app

*2025-07-03, version 2.4.3*

From onboarding process to disbursal process is so easy and staff also giving good support

### 5/5 — A

*2025-06-17, version 2.4.3*

Mypaisaa app is very convenient to the people who are busy in their daily life's. just takes 5 mins to complete the process and positive response from customer support team.

### 5/5 — Support

*2025-06-11, version 2.4.3*

Thank you very much Bhavani for all the support in getting the chit closed and helping with the fund transfer. She was polite , friendly and very open for feedback.

### 1/5 — Donot trust this chit company.

*2025-05-07, version 2.4.2*

They donot respond to calls for any queries and make false promises to make us join the chit. Later they deny they didnot assure anything.

I have been following up the support person but the person even though is online is not responding or attending the calls.

Doesnot seem like genuine company.

### 1/5 — Fake and Scam

*2025-04-29, version 2.4.2*

While starting this 10 lakh chit, I asked them about the documentation required while claiming, and they said I need a guarantor in India, as I live in the UK. Now, while claiming the chit, their team is asking for 2nd guarantor. I cannot provide 2nd guarantor and cannot ask people for their bank statements and payslips again and again, so I requested their team to either process the claimed amount or cancel the chit with interest, but they're delaying every day. After 3 weeks of conversation and delay, I requested for manager's contact to speak about this, and manager said that he’ll sort this out in 24 hours. It’s been 168 hours now, and no sign of progress. Later, I agreed to provide 2nd guarantor, but now they're asking for my bank cheques with signatures in India. how a NRI can give cheques in India? if this is the policy, they should let me know in the first place before starting chit or atleast in first couple of months, now it's been an year since I started chit and now while claming they're telling me these new policies. pure negligence from their team. And their team forced me to start this 10 lakh chit in the first place. It’s my bad to believe in some random company in India. It’s been 21 days since I provided my guarantor as I live in the UK, 35 days since I won the auction, and 18 months since I started to believe in this company. And this is the grand response I'm receiving right now with pure negligence over a valued customer. Such a waste of Time and Money. Forget about the chit but I’m Still fighting for the money which I’ve paid them all these months. Such a scam.

### 1/5 — Scamsters

*2025-04-10, version 2.4.1*

There is zero transparency. My chit has completed its duration but they are refusing to give me the amount I invested let alone the profits.

I have been talking to their customer support team since last 15 days and i am yet to receive a proper response.

Don’t put a single penny on this platform because there is no guarantee if you will ever get it back.

### 1/5 — No proper support

*2025-03-27, version 2.3.2*

Trying to reach out to speak to them on clarity on the chit I am paying and have requested a call back for the past 2 days which is still coming, there is no way to chat n get clarity as their chat has a standardized few stuff. First you guys tell lies n then we try to reach out there is no way of getting in touch. Instead if of cheating people why don’t you give proper service. Pathetic

## Frequently asked questions about myPaisaa

### What is myPaisaa?

myPaisaa is a technology platform for operating and participating in chit funds. It offers a completely transparent online experience for both saving and borrowing through a digitized process. The app facilitates real-time auctions and ensures quick payouts for dividends and prize money.

### How does myPaisaa ensure security for investments?

Investments made through myPaisaa are 100% secured with a security deposit. The platform is regulated by the Registrar of Chits and operates under the Chit Funds Act, 1982. It is registered as a business entity with the Government of Telangana, India.

### What are the available chit plans on myPaisaa?

myPaisaa offers a variety of chit plans designed to cater to diverse customer goals. These plans range from 25k, 50k, 1 Lakh, 3 Lakhs, 5 Lakhs, to 10 Lakhs. The app supports multiple auctions per month for these plans.

### How do I join a chit fund on myPaisaa?

Joining formalities on myPaisaa are simple, transparent, and completely digitized. You can easily submit documents through eKYC and eSign. The app allows you to manage your chit transactions independently once you have joined a plan.

### What permissions does myPaisaa require?

myPaisaa requires camera and storage permissions. These are necessary for uploading images, photos, and proofs related to KYC and document submission during the joining process.

## Version history (last 5 releases)

### 2.8.0 — 2026-08-30

* We've made performance improvements and fixed several bugs.
* Reliability and speed have been significantly enhanced.

### 2.7.0 — 2026-07-28

* We've made performance improvements and fixed several bugs.
* Reliability and speed have been significantly enhanced.

### 2.6.2 — 2026-07-01

* We've made performance improvements and fixed several bugs.
* Reliability and speed have been significantly enhanced.

### 2.6.1 — 2026-06-06

* We've made performance improvements and fixed several bugs.
* Reliability and speed have been significantly enhanced.

### 2.6.0 — 2026-05-14

* We've made performance improvements and fixed several bugs.
* Reliability and speed have been significantly enhanced.

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## More apps by Finsave Technologies Pvt Ltd

- [myPaisaa Partner](https://appshunter.io/ios/app/mypaisaa-partner/id6477374956)

All apps by Finsave Technologies Pvt Ltd: https://appshunter.io/developer/1538162544

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-31.*