KyePot is India's first and only digital group savings and borrowing platform. Through the KyePot app you can invest for great returns, borrow affordably, and earn with just a few taps on your phone. We have partnered with the leading chit funds of India who have served millions of customers in their 50+ years of existence and have managed more than Rs. 1000 crores in funds. Since we believe in complete transparency, we provide easy in-app access to every government registration and legal certification for each chit group that you participate in.
Advantages of using Digital Chits
• It is the ideal mix of a savings and borrowing tool.
• It offers better returns than any traditional banking product (like an FD or RD)
• It offers great liquidity. Unlike an FD or RD, you can withdraw the money you've saved up when you need it, without incurring penalties.
• You get to borrow more than you've saved. It provides all the benefits of a loan, without the perils.
• No harassment from any agency
• Minimum paperwork
At KyePot we try to bring all the advantages of digital chits under one roof with an additional objective to inculcate a savings habit which allows you to plan, track, and achieve your financial goals with ease. To know more about us, please feel free to visit our Blog, Facebook Page, Twitter Handle and Linkedin Profile.