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What is 12% Club?
12 % Club is a new startup that allows you to invest and earn 12% by deploying yourself with an NBFC- peer-to-peer platform. 12% Club partners with various P2P NBFC partners to provide these services.
This is fully regulated by RBI, the invested amounts are placed with RBI-regulated P2P NBFC.
12% Club Features
There are some important features provided by 12% club :
- Backed by PhonePay
- under RBI guidelines.
- Instant Deposit and Withdrawal.
- No hidden charges on Deposite or Withdrawl
Why should you Trust 12% Club?
Well, there is a reason why you can trust this startup and invest your money or lend money because BharatPay backs 12% club. BharatPay was a new startup that gained popularity by its no-fee transaction feature.
12% Club allows users to invest and earn some money same as BharatPay.
How to create an account on 12% Club?
You can create a free account on 12% club, although you need to verify your identity using KYC. You can now add money to invest in the 12% club or you can borrow money at 12% interest.
How you can make Money with the 12% club?
This is so simple, you just have to invest some money and you will earn 12% interest on your money. Once you complete your KYC, you can click on add money and start earning returns on your investments.
You can add money in your 12% account using UPI, Debit Card, and NetBanking. there are no charges for adding money in your wallet.
How does it work?
You can earn 12% interest on your invested amount, the return is in the form of interest paid by the borrower to whom money is lent through a P2P NBFC partner.
Please note that either you can take a loan or you can give it, you can do it at the same time.