12 club app real or fake complete review | 12% Club: Invest or Borrow@12% | 12 club app review 12% Club: Invest or Borrow@12%
Bharatpe has recently come up with 12% club app real or fake Interest Account Product called 12% club app real or fake.The interest rate is decent considering the traditional products these days offer 3-4%. Review of the platform.
- 12% Club Product Features
- BharatPe business Analysis
- Risk and Reward of the Product
- Comparison with Cred and other Interest Products
12% club app real or fake complete review
Data shared | 12 club app review
Approximate location
Precise location
Name
User IDs
Address
Phone number
Other info
User payment info
Credit score
Photos
Files and docs
Contacts
App interactions
Data collected
Approximate location
Precise location
Name
Email address · Optional
User IDs
Address
Phone number
Other info
Credit score · Optional
Photos
Files and docs · Optional
Contacts
App interactions
Installed apps
Crash logs
Device or other IDs
Security practices
Data is encrypted in transit
Data can’t be deleted
12% club app real or fake | 12 club app review
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% club app real or fake
– 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 app real or fake
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 12% club app real or fake
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: 12% club app real or fake
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
Conclusion
Bharatpe 12% club is a good option for people looking to park money while getting high yield. People should use it to compliment other alternative platform like Finzy , GrowFix ,Klubworks and TradeCred .
There are certain risk such as Lockdown moratorium scenario which can impact the complete ecosystem .It is also to be seen that Bharatpe sticks to its Merchant borrowers which are time tested or ventures into a new segment.
It is suggested that investment should be started with small capital for few months. I will publish monthly performance in my report.