The committee, the bachat-gat, the kitty — saving together is how Bharat has always saved. VIKAM brings it online, with the trust of bank-grade escrow.
How a circle works
- A group of 10–50 people — family, friends, or neighbours — saves a fixed amount on a schedule (weekly, fortnightly, or monthly).
- Every contribution is held in escrow with a regulated banking partner — not with VIKAM.
- Members take turns receiving the pooled amount, transparently and on schedule.
- You can see every contribution and payout, anytime, in your language.
Why it's safe
- Escrow-protected: money sits with a regulated bank, released only per the agreed schedule.
- Transparent: no hidden rules — every member sees the same ledger.
- Verified members: optional KYC and bank verification for added trust.
- This is a subscription-based group-savings service, not a chit fund or a deposit scheme.
Who it's for
Anyone saving toward a goal — a festival, a wedding, school fees, or an emergency cushion — who wants the discipline and trust of saving as a group, without the paperwork or risk of informal committees.
Building your habit (and your score)
Saving regularly in a circle builds real financial discipline — and contributes positively to your Paisa Score, since on-time saving is one of the strongest signs of healthy money habits.