myPaisaa 12+

Join Digital Chits

Finsave Technologies Pvt Ltd

Designed for iPad

    • 3.8 • 266 Ratings
    • Free

Screenshots

Description

Finsave Technologies Private Limited owns and operates myPaisaa application which is a SaaS based technology platform for operating Chit Funds.
Please note that 'myPaisaa' is purely a technology platform for IBG eChits India Pvt Ltd (IBG). IBG falls under the ambit of the Chit Funds Act, 1982 read with relevant amendments and falls under the category of M-NBFCs which are regulated by the other regulators.

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 25k, 50k, 1 Lakh, 3 Lakhs, 5 Lakhs and 10 Lakhs chit plans with 2 to 10 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

What’s New

Version 2.4.3

- Implemented Cancellation Flow from app
- Performance improvements and bug fixes
- Improvements for reliability and speed

Ratings and Reviews

3.8 out of 5
266 Ratings

266 Ratings

Adinarayana Raghu ,

Mypaisaa is doing a great job, yet a lot of bugs in the application.

*Cons*
1. The app is not responsive enough. Very slow in terms of loading.
2. No payment options within the application making it a little bit difficult to get the payment updated.
3. ECS option could be a wonderful add on.
4. Sometimes the information displayed regarding the ongoing groups are not accurate.

*Pros*
1. Very user friendly.
2. They’ve tried to simplify the process
3. Very minimal.

*About the company*
Company is doing a great job. Their support on WhatsApp is almost instant which makes them good. They seem to be customer friendly oriented.
Especially this person by name Sagar is my SPOC and gets almost everything done on my behalf.

P.S the star rating is for the application and when the bugs are fixed and features added, I’d be happy to give a higher rating.

Developer Response ,

Hello Adinarayana, thank you very much for the review and coming to your queries:

1. We have e Nach option for auto debit.
2. Payment options would be limited to UPI for now. We are integrating with T wallet and more payment options like NEFT/Debit Card would be available soon.
3.Incorrect information was due to transition. Now its been set right.

For any further queries please reach us at 91-7795665154

Team Mypaisaa

satish2021 ,

Make investments big. A great platform

MyPaisaa is the only trustworthy digital platform which I would recommend for all given there is transparency, quick liquidity and customer service.
It’s your money and one would expect to get it when needed. It helped me in many ways right from school fees to buying a new house. The investments keeps you motivated with the goals planned and timely dividends received.
I thank the staff and the team working behind to keep myPaisaa a successful platform.

Chaganti Naveen ,

Don’t Trust

Hi Team,

I joined 2 chits with a valuation of 10 lakhs and requested cancellation. Now, they are saying that the entire amount is lost due to company policies, and they need to deduct 5% of the total 10 laks, which amounts to 50k. This means we will have to pay this amount. Be careful before starting a chit on this app.

They will tell you that you will get an auction, and they will transfer the chit — all of this is false. They will just make you wait until one auction is over, then claim the 5% policy, ultimately robbing you of your money.

I waited from January 29th to February 27th for the chit transfer. I have gone through a lot of mental stress due to numerous follow-up calls related to these false commitments and has ultimately lost my own money, which is not a small amount—40k.

I have all the chat proof of the commitments they made. You can reach out to me, and I’d be happy to assist. If you're planning to join this chit, please contact me first. I am happy to share all the negative points about this app and the team.

Don’t join immediately like I did and lose your money afterward

App Privacy

The developer, Finsave Technologies Pvt Ltd, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Collected

The developer does not collect any data from this app.

Privacy practices may vary based on, for example, the features you use or your age. Learn More

More By This Developer

You Might Also Like

Florence Capital
Finance
Online Gold loan: Rupeek
Finance
Ropay
Finance
udaanCapital
Finance
50Fin
Finance
MGM Pushpam Customers
Finance