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ETMoney vs Hisaab

ETMoney vs Hisaab: super-app or single-purpose tracker?

ETMoney is one of India's most polished personal-finance super-apps. Hisaab does one tenth of what ETMoney does — and that may be exactly why you'd pick it. Here's how the two differ in shape.

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ETMoney is a full personal-finance platform — mutual funds, NPS, insurance, credit-card management, and yes, expense tracking. Hisaab does only the last of those, and only via Telegram.

Both are legitimate choices. Picking between them is mostly about whether you want one app for everything financial, or a focused tracker that gets out of your way.

Where ETMoney is genuinely better

If you're already running mutual fund SIPs, NPS, and a few insurance policies, ETMoney's value is real — it's an aggregator, a transaction platform, and a tracker rolled together. The tracker piece pulls in from SMS automatically and produces respectable monthly summaries.

Their UX team has clearly invested heavily; charts are polished, the monthly summary is well-designed, and there's a lot of meta-context (SIP returns, expense vs income, etc.) that a single-purpose tracker won't give you.

Where Hisaab is genuinely better

If your only goal is I want to know where my money goes, ETMoney can feel heavy. You're logging into an app, navigating tabs, and accepting an ecosystem of products you may not want.

Hisaab's pitch is the opposite: you don't open anything. You text. "Spent 1200 on dinner", hit send, done. The friction floor is lower than any installed app could be — and that floor is why most tracking habits succeed or fail.

Pick ETMoney if…

You actively want to invest in mutual funds through their app, you'd benefit from the insurance / NPS bundling, and you don't mind another app on your home screen. ETMoney is also the right choice if automatic SMS-based expense parsing is a hard requirement.

Pick Hisaab if…

You want the lightest-possible expense tracker, you share daily spending with a partner, you don't want to install another app, or you care about open-source and self-hostable tools. Hisaab also makes sense if you'd rather type than grant SMS permissions.

Side by side

Feature ETMoney Hisaab
ScopeExpense tracking onlyFull PFM super-app
Logging methodManual via TelegramAuto (SMS) + manual
Investment productsNoYes (MF / NPS / insurance)
Household sharingYes (one /invite command)No
Account / loginJust TelegramEmail + KYC for investments
Open sourceYes (MIT)No
PricingFree tier (20 msgs / day)Free + commission on investments

Frequently asked

Can I use both?
Plenty of people do. Run ETMoney for investments and credit-card management; run Hisaab for the everyday "₹120 chai" logging. They don't fight each other.
Does Hisaab pull data from my bank like ETMoney does?
No. Hisaab has no bank-account linkage and no SMS permission. The only data it sees is what you text to the bot.
Is Hisaab safe enough for financial data?
Hisaab stores data in an encrypted Postgres database (Neon, AWS Singapore). The data sensitivity ceiling is your daily expense log — not your account passwords or bank credentials, which Hisaab never asks for. See the privacy page for the full picture.

Try Hisaab — free, no install.

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