Introduction
The 12 Percent Club is a unique investment opportunity offered by BharatPe, an Indian digital payments platform. The concept is simple: investors lend money to BharatPe for a fixed term, and in return, they receive a guaranteed interest rate of 12% per annum. This investment scheme has been gaining popularity in India, as it offers a high rate of return compared to other investment options available in the market. In this blog post, we will take a closer look at the 12 percent Club, how it works, its features, advantages, disadvantages, and our opinion on whether it is a safe investment option.
What is the 12 Percent Club?
The 12% Club is an investment scheme offered by BharatPe, a fintech company that provides digital payment solutions to small and medium-sized businesses in India. The 12 Percent Club allows individuals to lend money to BharatPe for a fixed term, ranging from 3 months to 1 year. In return, investors receive a guaranteed interest rate of 12percent per annum. The minimum investment amount is Rs. 10,000, and there is no maximum limit.
How does 12 Percent Club work?
To invest in the 12 percent Club, you need to have a BharatPe account. If you don’t have one, you can sign up for a free Bharatpe account on their website or mobile app. Once you have a BharatPe account, you can log in and go to the “12% Club” section. Here, you can select the term for which you want to invest and the amount you want to invest. After that, you need to transfer the funds from your bank account to your BharatPe account. BharatPe will then use the funds to provide loans to small and medium-sized businesses, and you will receive interest on your investment at the end of the term.
Features of the 12 Percent Club
- High-interest rate: The 12% Club offers a guaranteed interest rate of 12% per annum, which is much higher than other investment options available in the market.
- Flexible investment options: The 12% Club allows investors to choose the term for which they want to invest, ranging from 3 months to 1 year.
- Easy to invest: Investing in the 12% Club is easy and can be done through BharatPe’s website or mobile app.
- No maximum limit: There is no maximum limit on the amount that can be invested in the 12% Club.
Advantages of the 12% Club
- High rate of return: The 12% Club offers a high rate of return compared to other investment options available in the market.
- Guaranteed returns: The interest rate offered by the 12% Club is guaranteed, which means that investors can be assured of getting a fixed return on their investment.
- Easy to invest: Investing in the 12% Club is easy and can be done through BharatPe’s website or mobile app.
- Diversification: Investing in the 12% Club can be a good way to diversify your investment portfolio and reduce risk.
12% Club Earning Calculator
Disadvantages of the 12% Club
- Limited investment options: The 12% Club only offers one investment option, which may not be suitable for all investors.
- Liquidity risk: Investing in the 12% Club is a fixed-term investment, which means that investors may not be able to access their funds until the end of the term.
- Credit risk: The 12% Club invests in loans provided to small and medium-sized businesses, which may carry a higher risk of default.
- No deposit insurance: The 12% Club is not covered by any deposit insurance scheme, which means that investors may lose their money if BharatPe is unable to repay the loans.
Transparency and Communication
One of the advantages of investing in the 12 percent Club is the transparency and communication provided by BharatPe. They offer regular updates and reports to investors, detailing the performance of the loans in which they have invested. This allows investors to stay informed about their investment and make informed decisions about future investments.
However, it is important to note that investing in the 12 percent Club does not provide access to the underlying loan agreements. Investors are not able to see the details of the loans or the borrowers, which can be a disadvantage for those who want more control over their investments.
12 Percent Club Ease of Use
Investing in the 12% Club is easy and can be done through BharatPe’s website or mobile app. The user interface is intuitive and user-friendly, making it easy for even first-time investors to navigate.
BharatPe also offers a wide range of payment options, including UPI, debit cards, and net banking, making it easy for investors to fund their accounts and withdraw their earnings.
Minimum Investment in 12% Club to invest
The minimum investment for the 12 Percent Club is Rs. 1,000, making it accessible for a wide range of investors. This is particularly useful for those who are new to investing and want to start with a small amount.
However, it is important to note that the high minimum investment may be a disadvantage for some investors who want to invest smaller amounts.
Customer Support of 12% club
BharatPe offers customer support through various channels, including email and phone support. They also have a dedicated support team that is available to answer any questions or concerns that investors may have.
| Nodal officer details | Nodal officer details | Nodal officer details |
| Ms. Savita Bhogra | Shweta Jain | Mr. Pratik Kharel |
| Email:helpdesk@mufinfinance.com | Email:grievances@liquiloans.com | Email:cs@lendenclub.com |
| Phone: 01142610483 | Phone: 01142610483 | Phone: 022 48913091 |
| Timings for contact: 10AM to 6PM, Monday to Saturday* | Timings for contact: 10AM to 6PM, Monday to Saturday* | Timings for contact: 10AM to 6PM, Monday to Saturday* |
However, some investors have reported issues with the customer support, particularly during times of high volume or during technical issues. This can be a disadvantage for those who require quick and efficient support.
12 Percent Club BharatPe is Safe or Not
The safety of investing in the 12% Club depends on several factors.
- BharatPe is a well-established fintech company that provides digital payment solutions to small and medium-sized businesses in India. They have a good reputation in the market and have been backed by investors such as Sequoia Capital, Insight Partners, and Coatue Management.
- The 12% Club invests in loans provided to small and medium-sized businesses. While this may carry a higher risk of default, BharatPe has a strict credit evaluation process in place to minimize this risk. They only lend to businesses with a good credit score and a strong repayment capacity.
- Investing in the 12% Club is not covered by any deposit insurance scheme, which means that investors may lose their money if BharatPe is unable to repay the loans. However, BharatPe has a good track record of loan repayments, and they have a dedicated team that monitors the creditworthiness of their borrowers.
- The 12% Club is a good investment option for those who are looking to invest in small and medium-sized businesses in India. By investing in the 12% Club, investors are indirectly contributing to the growth and development of the Indian economy.
- The 12% Club offers flexible investment options, allowing investors to choose the term for which they want to invest, ranging from 3 months to 1 year. This is particularly useful for those who want to diversify their investment portfolio with short-term or medium-term investment options.
- However, it is important to note that the 12% Club is not suitable for everyone. Investors who are risk-averse may find the credit risk associated with investing in loans provided to small and medium-sized businesses to be too high. Moreover, the lack of deposit insurance can be a major concern for some investors.
Investors should also keep in mind that investing in the 12% Club is a fixed-term investment, which means that they may not be able to access their funds until the end of the term. This can be a disadvantage for those who require liquidity and may need to withdraw their funds at short notice.
In terms of safety, investing in the 12% Club can be considered relatively safe, as BharatPe has a good reputation in the market and has a strict credit evaluation process in place. However, as with any investment, there is always a risk of losing money, and investors should carefully evaluate their risk appetite before investing in the 12% Club.
Overall, the 12% Club is a unique investment opportunity offered by BharatPe that can offer a high rate of return for investors who are willing to take on some risk. It is important for investors to do their due diligence and carefully evaluate the risks and benefits before investing in the 12% Club. Investors should also keep in mind that investing always carries some level of risk and they should only invest what they can afford to lose.
Turtlemint – Types of Insurance, Features, Benefits and Review | 2023
Conclusion
In conclusion, the 12% Club is a unique investment opportunity offered by BharatPe, which offers a high rate of return compared to other investment options available in the market. While there are some risks involved, such as liquidity risk and credit risk, investing in the 12% Club can be a good way to diversify your investment portfolio and earn a guaranteed return on your investment. However, investors should carefully evaluate their risk appetite and do their due diligence before investing in the 12% Club. It is important to remember that investing always carries some risk, and investors should only invest what they can afford to lose.
Overall, the 12% Club is a unique investment opportunity offered by BharatPe that can offer a high rate of return for investors who are willing to take on some risk. The advantages of investing in the 12% Club include high returns, guaranteed returns, flexible investment options, and ease of use. However, there are also some disadvantages, including limited investment options, liquidity risk, credit risk, and the lack of deposit insurance.
Investors should carefully evaluate their risk appetite and do their due diligence before investing in the 12% Club. They should also keep in mind that investing always carries some level of risk and they should only invest what they can afford to lose. Overall, the 12% Club can be a good way to diversify an investment portfolio and contribute to the growth and development of the Indian economy.