12% Club, powered by BharatPe and in partnership with RBI-approved NBFCs, offers you a solution for all your investment and borrowing needs.
Invest Money @12%
- Invest money anytime and start earning interest daily
- Start investing from as low as Rs. 1,000
- Get up to 12% interest per annum (Interest accrued daily)
- Request withdrawal anytime, no withdrawal charges
- In partnership with RBI-approved NBFCs
Borrow Money @12%
- Borrow money anytime with 12% interest
- Repay anytime; no prepayment charges
- Zero processing fees
- Partnered with RBI-approved NBFCs
Is 12 Club trustworthy?
I have been using the 12% club since it launched. There has been no issue; I have never received a return of less than 12%.
Is 12 Club RBI approved?
Yes, “12% Club” has been launched in partnership with RBI-registered P2P NBFCs (non-banking financial companies).
How to become a 12% Club Member?
- Install the 12% Club App
- Signup using your Mobile number and OTP
- Create your account by linking your Bank account and PAN and completing KYC
- Start investing or borrowing @12%
Personal Loan Features
- Loan amount: From Rs.10,000 to Rs.100,000
- Tenure: 3 months (fixed)
- Repayment: 1 single payment at the end of 3 months
- Instant money transfer to a bank account
- 100% paperless process
- Instant eligibility check
- No collateral, prepayment charges
APR and other charges
- Interest rates (APR): fixed 12% per annum
- Processing fees : 0
- A penalty is charged when someone delays their scheduled payment. In addition, GST will be applicable as per Indian laws.
Fixed three-month duration.
Loan Amount: Rs. 100,000
Tenure: 3 months
Interest Rate (APR): 12% per year (Flat rate) i.e. 3% in 3 months.
Repayment Amount: Rs. 103,000
Total Interest Payable: Rs. 100,000 x 12%/12*3 (3 months) = Rs. 3,000
Processing Fees (incl. GST): Rs. 0
Disbursed Amount: Rs. 100,000 (Loan Amount) – Rs. 0 (Processing Fees) = Rs. 100,000
Total Amount Payable: Rs. 103,000 (1 single payment at the end of 3 months)
Total Cost of the Loan = Interest Amount + Processing Fees = Rs. 3,000 + Rs. 0 = Rs. 3,000
Investment option on 12% Club is offered in partnership with RBI-approved NBFC (LendenClub: Innofin Solutions Private Limited and Liquiloans: NDX P2P Private Limited)
A loan option on 12% Club is offered in partnership with RBI-approved NBFC (Muffin Finance: Hindon Mercantile Limited)
- Indian citizen
- Age above 21 years
So, Why Wait? Start Earning 12% Interest, Install 12% Club Now!