12% Club: Invest or Borrow@12%

BharatPe

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 (Innofin Solutions Private Limited) and Liquiloans(NDX P2P Private Limited)

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 Mercantile Limited

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 only collect your approximate location to assess your creditworthiness and for risk assessment purposes.
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: [e-mail]
Website: twelve.club

Ratings and reviews

Hii 12% Club support team, I am facing problem with your application, as after updating it, the app. is not working properly and not starting. It show only white screen while running it. What is this . ???? I am not able to Track my investments. Are our money is safe with you or with your application . ?? Why are there these kind of glitches and bugs after updation in your application . ?? Kindly look into this matter seriously and rectify this problem as soon as possible.

Not able to invest. Seems like an unstable business idea and this could put your principal into huge risk. I am withdrawing all my money right away. Most redundant app/business idea ever. They haven't taken any investments for the past 6months at least. What's the point of this app if it can't do the one thing it's supposed to do? Seems like s scam now.

I was happy with it since inception until it changed in last few months when they reduce the interest to 11% for me. So I'm editing my review and removing 2 stars. They still advertise it as 12% interest based income app everywhere but they don't give it. I hope they revert back to their original advertised scheme.

What's new

Improved performance and bug fixes.