MEGH RĀJ (d. 1864), the third son of Misr Dīvān Chand, starting as a clerk in Gobindgaṛh Fort at Amritsar under Mahārājā Raṇjīt Siṅgh, became head of the treasury at Amritsar in 1816. He held this position until the Mahārājā's death in 1839 soon after which Prince Nau Nihāl Siṅgh and Rājā Hīrā Siṅgh visited Amritsar to have his accounts checked. The accounts revealed no embezzlement, yet Megh Rāj and his brother Rūp Lāl were taken into custody, and a fine of 5,00,000 rupees was imposed on them. They remained in captivity until Hīrā Siṅgh's assassination on 21 December 1844.

         At the end of the first Anglo-Sikh war in 1846, Megh Rāj was appointed treasurer of the Lahore Darbār and, after the annexation of the Punjab in 1849, treasurer of the Lahore Division. This post he held till his death on 1 August 1864. Megh Rāj was honoured with the title of Rāi Bahādur by the British and made an honorary magistrate in 1862.