Bachatt
Introduction
Bachatt is a fintech mobile application designed to help individuals in India build a habit of daily savings. It’s especially pitched toward the self-employed and those who earn small amounts frequently and want to grow their savings gradually.
In this article, we’ll explore what Bachatt offers, how it works, its benefits, potential drawbacks, and whether it may be a good fit for your saving goals. Also Download Happy Teen Patti
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What is Bachatt?
Bachatt is the product of Trusave Fintech Private Limited (ARN-321640), a SEBI-registered mutual fund distributor.
The app’s core mission: to empower the “30 crore+ self-employed segment” of India through a simple daily-saving solution.
Key positioning:
Save daily (or weekly/monthly) small amounts starting from a low base (e.g., ₹51/day) to build up over time.
Invest in mutual funds and similar instruments instead of just keeping money under a mattress or a simple bank savings account.
Offer flexibility—no long lock-in, withdrawals allowed, transparency of portfolio.
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How Bachatt Works
Here’s a step-by-step breakdown:
1. Download & KYC
User installs the app, completes basic KYC (PAN + Aadhaar etc.) and links bank/UPI.
2. Set your savings plan
You choose how much you want to save daily (e.g., ₹51 or more) or select weekly/monthly frequency.
3. Automated payments
You set up a UPI mandate so the money is automatically debited based on the chosen frequency.
4. Investment into funds
Your savings are directed into low-risk or defined mutual fund baskets (for example through AMCs such as SBI, ICICI, HDFC etc).
5. Track, withdraw or adjust
You can view your portfolio, track returns, increase/decrease or pause your savings. Withdrawals are allowed (subject to rules).
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Key Features & Benefits
Low entry amount: One can begin with very small daily amounts (₹51 mentioned) making it accessible for many.
No strict lock-in: Unlike many savings schemes or fixed deposits, Bachatt claims flexibility to withdraw.
Daily/weekly/monthly saving options: Users can choose the frequency.
Trusted partners: Investments go into reputed AMCs and funds; the company says it’s SEBI-registered and uses bank-grade security.
Transparency & convenience: The app provides real-time tracking, passbook view, and is claimed to be user-friendly.
Targeted for underserved segment: Especially valuable for individuals who do not have established formal saving/investment habits.
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Potential Drawbacks / Things to Be Mindful About
Returns vary: While the app claims “FD-like returns” or “better than FDs,” actual returns from mutual funds vary based on market conditions. Users should understand risk.
Liquidity-timing: Even though withdrawals are allowed, if the investments are in mutual funds, unit allotment/exit timings may affect how quickly you get your money. The FAQs mention delays.
Service charges/fees: The app claims “zero AMC & no hidden charges” in some materials. It’s important users verify and read the terms.
Reliance on automation: Automatic daily/weekly deductions require disciplined budgeting; if you accidentally overshoot, bank/UPI mandate issues may arise.
Startup risk: As a fintech startup, long-term reliability, support and financial stability are always factors to monitor.
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Who Is It For?
Self-employed individuals, gig workers, daily wage earners who find it challenging to save large lump-sums but can contribute small amounts regularly.
Young savers who want to build the habit of saving and invest rather than just keeping cash.
People looking for simple savings/investment solutions rather than complex stock-trading or standalone large SIPs.
However, if you’re a seasoned investor looking for aggressive growth through equities, or if you have high risk tolerance, you may need to complement Bachatt with other investment avenues.
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My Verdict
Bachatt offers a very interesting and inclusive proposition: helping regular people build wealth through micro-savings, with low barriers, decent flexibility and access to mutual funds. Its marketing and positioning are compelling for the target segment.
However, like all investment tools, it isn’t a miracle. Users should:
Understand how mutual funds work and that past performance doesn’t guarantee future returns.
Ensure that their budget allows regular contributions.
Read the app’s terms & conditions, user agreements, and fine print.
Use Bachatt as part of a broader savings/investment strategy rather than the entire strategy (unless it perfectly meets your goals and risk profile).
If you’re looking for a simple, disciplined saving tool and are in one of the target segments, Bachatt is certainly worth considering.
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If you like, I can draft a user-story style article about “How daily savings with Bachatt changed XYZ’s life”, or compare Bachatt with 2-3 other daily savings apps in India. Would you like either of those?
