You’ll be intimated about your application status within 3-4 working days
completing the registration process. On approval, our executive will
you to collect your signature on all the documents.
Welcome to the myPaisaa Family! You can join online groups, participate
in online bids and receive monthly dividend payments in real-time!
1. Auctions will be conducted on 10th, 15th, 20th and 25th of every
month for weekly action groups.
2. Auctions will be conducted on 15th and 25th of every month for
bi-weekly auction groups.
3. There is a one-time processing fee of Rs.200 (for every 1lakh of chit
value) at the time of Prize distribution (towards stamp duty and other
4. 12% GST charges ( applicable on commission value and processing charges).
5. Installment payment should be done by the 5th of every month. You can
pay through ECS or directly from our app. As this is a group saving plan
and auction payments depend on your payment, we request your prompt
6. Penalty of 18% (1.5% per month) will be applicable for late payment.
Important note - Your profile must be complete in order to avail
the prize money upon auction winning. If your profile doesn't meet our
financial health check you'll need to provide a guarantor/guarantors as
applicable. The guarantor should be a salaried employee and pass the
financial health verification conducted by our team.