12% Club: Invest or Borrow@12%

3.5
27K reviews
1M+
Downloads
Content rating
Everyone
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About this app

12% Club, powered by BharatPe and in partnership with RBI approved NBFCs offers you a solution for all your investment and borrowing needs
Invest @12%
- Invest money anytime and start earning interest daily
- Loan amount: From Rs.10,000 to Rs.100,000
- Tenure: 3 months
- Minimum repayment period:3 months
- Maximum repayment period: 3 months
- Repayment: To be repaid after 3 months. Users can also foreclose the loan anytime they want during the tenure with no prepayment charges.
- Maximum Annual Percentage Rate:12%
- Sample calculation: Principle amount=Rs. 1,00,000, Annual Percentage Rate=12% , Assume the loan is repaid after 3 months then Interest= Rs. 3000 , Total Amount Payable= Rs. 1,00,000(Principal) +Rs. 3000(Interest) which is Rs. 1,03,000.
- Get upto 12% interest per annum (Interest accrued daily)
- Request withdrawal anytime, no withdrawal charges
- In partnership with RBI approved NBFCs- LenDenClub & Liquiloans

Borrow @12%
- Borrow money anytime @12% interest
- Repay anytime, no prepayment charges
- Minimum repayment period- 3 months
- Maximum repayment period- 3 months
- Zero processing fees
- Partnered with RBI approved NBFCs- Hindon

How to become a 12% Club Member?
- Download the 12% Club App
- Signup using your Mobile number and OTP
- Create your account by linking your Bank account, PAN and completing KYC
- Accept T&Cs
- Start investing or borrowing @12%

NBFC partners:
12% Club is a platform and does not give out returns on investments or loans directly to users. 12% Club has partnered with RBI approved NBFCs - hindon mercantile limited, LendenClub (Innofin Solutions Private Limited) and Liquiloans(NDX P2P Private Limited).You will be shown a sanction letter of the NBFC on the app when you opt for a loan and deposit agreement is shown when you choose to invest money.

Personal Loan Features
Loan amount: From Rs.10,000 to Rs.100,000
Tenure: 3 months
Repayment: Repayment to be done after 3 months. Users can foreclose the loan anytime they want with no foreclosure charges. Money transfer to a bank account
Harayana: Faridabad, Gurgaon, Sonepat, Panipat, Ambala
Karnataka: Bengaluru, Mysore, Tumkur, Mangalore,
Kerala: Kozhikode, Thrissur, Trivandrum, Ernakulam, Kollam
Madhya Pradesh: Indore, Ujjain, Bhopal, Jabalpur, Gwalior
Maharashtra: Mumbai, Thane, Pune, Aurangabad, Nashik, Nagpur, Amravati
Orissa: Puri, Bhubaneswar, Khorda, Cuttack
Pondicherry
Punjab: Amritsar, Jalandhar, Mohali, Ludhiana, Patiala
Rajasthan: Alwar, Jaipur, Ajmer, Pali, Bikaner, Nagaur, Jodhpur
Tamil Nadu: Chennai, Madurai, Coimbatore, Vellore, Cuddalore, Tiruchirapalli
Telangana: K.V.Rangareddy, Karimnagar, Warangal, Hyderabad
Uttar Pradesh: Ghaziabad, Noida, Agra, Lucknow, Jhansi, Gorakhpur, Bareily
Uttarakhand: Dehradun
West Bengal: Kolkata, Howrah

Permissions:
We take the following permissions from you to be able to assess your creditworthiness and for risk assessment purposes: Location, Contacts and Apps Installed.
You can check the privacy policy for details - https://twelve.club/#/privacy-policy
12% club is registered trademark of Resilient Innovations Pvt. Ltd. (Developer name: BharatPe)

Contact Us:
For any queries, feedbacks and suggestions
Address: BharatPe, Building No. 8 Tower C, 7th Floor, DLF Cybercity, Gurgaon-122002 Haryana
Email: support@twelve.club
Website: twelve.club
Updated on
Jan 17, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 5 others
This app may collect these data types
Location, Personal info and 7 others
Data is encrypted in transit
Data can’t be deleted

Ratings and reviews

3.5
26.9K reviews
Atharva Jadhav
May 13, 2023
They should be a little more transparent with the interest rate they are offering, they have made it very difficult to see the actual rate at which you are receiving the interest (NOT 12%, it is 11%), they have reduced the rate since april'23, without prior notification. Also, you can't always invest in it, there are periods when they do not allow any investments. Other than that, the app works good, no issues in the User Interface or in adding/withdrawal of money.
74 people found this review helpful
BharatPe
May 13, 2023
We understand the disappointment this may have caused. To assist you further on this, kindly drop us a mail at 'support@twelve.club' along with the registered mobile number.
sai seetharam pullela
May 1, 2023
Superb app to save money. Only thing is while withdrawing the money it takes 2days for crediting iny account and while adding money it takes 4days to genrate interest. Otherwise it is a great app for investment. Edit: One of the previous versions of this used to show a sheet where I can see credit, debit and total amounts. This is a good and informative feature. But now it has been removed and we need to download statement. So, please introduce it again.
100 people found this review helpful
BharatPe
May 1, 2023
Hi, thank you so much for the feedback. To assist you further on this, kindly drop us a mail at 'support@twelve.club' along with the registered mobile number.
Aruna Prasad Acharya
May 13, 2023
Till now everything is fine for me . But I am missing the features where it was showing daily credit debit transactions. In the newer version it's missing. Another thing is 4 day waiting period to get the interest after depositing , while mobikwik starts giving from the next day of deposit. Overall look of the app needs to be change. A simpler interface with daily transaction details will be good enough according to me .
52 people found this review helpful
BharatPe
May 14, 2023
Hi, we understand the disappointment this may have caused. To assist you further on this, kindly drop us a mail at 'support@twelve.club' along with the registered mobile number.