KyePot - The simplest way to save & borrow money
Now you don't need to rely on expensive loans to achieve your goals. All you need is India's first (and only) chit fund app. We at KyePot bring the power of group saving and borrowing funds straight to your fingertips. KyePot combines the latest technology with India's oldest and most popular financial asset class, in partnership with leading chit funds of India.
Millions of Indians across the country and the world use Chit Funds - commonly known as chitty, kuri, kitty, committee, and beeshi (a.k.a beesi or VC), to get easy and low-cost loans to further their ambitions and realize their dreams.
Benefits of KyePot
- Save money and take a low interest loan - from just one app
- Lower interest loans compared to standard loan products
- Fast and flexible access to funds
- Not subject to market risks*
- Join multiple groups and track your financial goals individually in each group
- Peace of mind as our services are compliant with the Government of India and regulated by local authorities
*NOT subject to market risks
Market performance doesn't affect your savings in any way. Your money is saved with your group alone, keeping you in control at all times and free from market risks.
How you can participate in KyePot
1. Download the app
2. Join a group and set your financial goal
3. Start saving every month
4. When you're ready to spend on your goal, borrow the amount in a low interest loan
What can you use KyePot for?
- Save money or build an emergency fund
- Earn high dividends and returns every month on your savings
- Borrow money when you need - Use it as an urgent personal loan, student loan, medical loan, health finance, marriage loan, business loan, car loan, bike loan etc.
I don't live in India. Can I still save and borrow money in India with KyePot?
We are happy to have Non-Resident Indians (NRI) participate in KyePot. As long as you have an Indian passport and Aadhaar card for our KYC process and an Indian bank account to pay your dues, you are welcome to participate in our chit groups.
Do I earn incentives if I refer someone to KyePot?
Yes, you do! We have an easy way for you to invite your contacts from the app's Refer and Earn section. For each referral that joins a group using your code, you earn continuous incentives every month. With no limit on how many people you can invite or how much you can benefit from this program, you can earn 1000s* of rupees sitting in the comfort of your home.
As your referrals sign up on KyePot and join groups to achieve their financial goals, your incentives get credited directly to your account in the form of kCash. KyePot is once again the world's first ROSCA or Digital Chit platform to offer such an in-app currency. You can use your kCash balance for paying your own monthly instalments. Now there's one more way for you to earn extra money with KyePot!
As always, we're here to help! Feel free to reach out to us by email - [email protected] or tweet us @KyePot.
*Terms and Conditions apply (offer only available to existing chit group participants at selected partners)
Category : Finance
Reviews (30)
KyePot is an amazing hassle-free application, which allows you to save without taking any stress. All you need to do is provide basic info and Voila! The best part about this application is that is really user friendly. Just allow yourself some time understand the application better.
The best thing about kyepot is that it is simple to use, no hassles, no headaches from complications. Just tag in and input basic info. It automatically suggests the savings groups. The work and brains is automatically taken care of.
this is really waste of time. worst service they only send us mail to download and rate app. but does not approve your profile. really it's a waste of time . if you really want such types of chits then try other. its my personal view as per my experience
KyePot helps me save and earn money though investing in small bits and pieces! The UI is very good and without any lags. Simple to sign in and easy to understand. Thanks for getting the traditional chit fund facilities online. Great work team!!
This is the worst app I have ever used. Company is only interested in their one time fees. Company is running only on this one time fees after that they don't care. Doesn't know is there any subscriber or not. Every time they tell everybody the same thing. I have try opened 2 accounts and they take 399+299 but the result is zero . A big zero.
Positive: Easy to access,easy to set the target and enter into group,clear KYC policies,customisable package of amount Negative: Understandable only to the people who are aware about the business model. Interface is not so user friendly.
It is quite simple to use and user friendly. The feature that I liked was just from a limited amount of information, we are suggested the groups that we should join which is really cool.
KyePot is an amazing app to save, lend or borrow money. This app is very user-friendly and gives a great digital experience of chit fund. I am highly satisfied with it's services and recommend it to all.
Great app to do small amount investments. Helps me to have an investment plan worked on for future. Helps us, working professionals to gain few extra bucks. Although some phones are not being supported by the app.
Great app to handle your financials. User friendly interface and easy access. Helpful in keeping track of savings and borrowings. Highly Recommended.
Kyepot is a user-friendly platform to borrow and save money. Short term needs of cash can be fulfilled easily and is perfectly managed. I recommend this to all who are interested in a perfect blend of savings and investment.
Probably one of the best online chit funds in India! Happy with the people for their quick support and cooperation! The only thing I hate it the process with regards to guaranteer which needs to be more simplified! Otherwise I had a good experience with KyePot.
It's a good app, I can check all my history and keep eye on my money. The app gives you full details, like when I have made my payments. I have already referred one cousin and one colleague who will benefit well from it.
This is one of the best app for taking low interest loans or earning high money from your savings , really recommend to it is a very simple but very useful app helped me a lot in my savings
This is one of the pathetic app that I have downloaded yet they will tell you it's a instant loan that you can go for . I dont k how why they are charging fees for that though i have already paid 199 to them but I m not able to get my loan amount however they gave on pathetic number on there app where any time or everytime you call it says It always busy they automatically disconnected this app even not worth of 1 star though and it should even not exists in google play also worst app to be used
Its just an Honour for me to be a part of the Kyepot. Its just an amazing concept to save and borrow money according to your needs. The team of Kyepot is just awesome sepcially Shradha Maa'm, Ayush sir, Arjit sir.They are present to help uh at any cost. Kyepot is just and the only kind of app that gives us the Digital experience of Chits. I m totally satisfied by its services and recommend to all users to be a part of it. All the process is very fast and smooth. Hoping to continue the bond as always. Thanks kyepot.
It's a good app, I can check all my history and keep eye on my money. The app gives you full details, like when I have made my payments. I have already referred one cousin and one colleague who will benefit well from it. From Paladugu Praveen
This app is good except that they will take more commission compared to other online chit apps and also they charge verification fee for every group . Moneyclub is also chitfund app which charges low comission 0.5 to 2.8%. They dont charge verification fee for every new group which we join.and it's most secured app too
Not good for use... Just wasting time and not other thing... Third class apply procedure... Just take application fees aftr that decline request reason given not in their criteria...... Dnt waste ur time in this kind of app......and I' don't think so there is good credit history required for saving our own money in ur firm..
One of a kind app with a good interface. Really helpful for both salaried and business persons in soliciting small borrowings and making savings without much fuss.
Very different concept. Will take some time to fully understand its workings. Very clean and easy interface
Recently found this application and it's really helpful.Earn high dividends and returns every month on your savings. it's totally safe and secure. Highly recommended to everyone
This is one of the best app for taking low interest loans or earning high money from your savings , really recommend to it is a very simple but very useful app helped me a lot in my savings
A very good app for Savings as well as Emergency Situations instead of loan we can go with chits very trustworthy app. I Will surely recommend to all.
Branch makes it easy for you to access loans for the way you live. Sign up in seconds, apply for a loan and receive your money straight to your account. It's a fast, convenient and reliable way to access credit.
Was not able to get an otp. But the team contacted me and helped resolve the issue. Looks like a good app for an old idea.
⚠️ ⚠️⚠️ I want to caution everybody to be careful while submitting cheques and other documents as collateral because they will never return it even after the chit group closes. They will not respond to your calls, mails or WhatsApp messages.
Made a payment of 199 as asked by the company... but neither is there an acknowledgement nor response when I sent a message by whatsapp... it's only asking for a payment again... I think this app is only to fool the public n take money from them... not help them as promised by the app...
i must say it is superb and completely transparent app. just loved it. tranfer of money after completion of bid is very very quick.very much helpful in tough times. Great effort by the team. Keep going guys. U people rock and doing commendable job for short term needs.kudos to the kye pot team
Pretty good application with a good idea.. But it will take some time in getting familiar with the whole concept and idea.. User platform can be still better Good for people who have a steady income and want to save for the coming future. As the idea of the app is new it will be difficult for the people to accept it totally