12% Club: Invest or Borrow@12%

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
- Start investing from as low as Rs. 1,000
- Get upto 12% interest per annum (Interest is accrued daily)
- Request withdrawal anytime, no withdrawal charges
- In partnership with RBI approved NBFC (LendenClub: Innofin Solutions Private Limited and Liquiloans: NDX P2P Private Limited )

Borrow @12%
- Borrow money anytime @12% interest
- Repay anytime, no prepayment charges
- Zero processing fees
- Partnered with RBI approved NBFC (Mufin Finance: Hindon Mercantile Limited)

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

Loan Details
Loan amount: From Rs.10,000 to Rs.100,000
Tenure: 3 months (fixed)
Repayment: 1 single payment at end of 3 months

APR and other charges
Interest rates (APR): fixed 12% per annum
Processing fees : 0
Penalty is charged when someone delays their scheduled payment. In addition, GST will be applicable as per Indian laws.

Example
Loan Amount: Rs. 100,000
Tenure: 3 months
Interest Rate (APR): 12% per year (Flat rate). This translates to 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

12% Club is a new-age digital platform that provides you easy access to Instant Personal Loans of up to Rs.100,000 in a seamless and transparent manner.

Personal Loan Features
Up to Rs.100,000 limit
Instant money transfer to a bank account
100% paperless process
Minimal documentation. No printouts required
Bullet repayment at end of 3-month tenure
Instant eligibility check
No collateral
No prepayment charges

Eligibility
1. Indian citizen
2. Age above 21 years
3. Select cities

Operational Cities - 117
Andhra Pradesh: Rangareddy, Kurnool, Guntur, Vishakhapatnam, Vijaywada
Assam: Guwahati, Kamrup
Bihar: Patna
Chandigarh
Chattisgarh: Raipur, Durg
Delhi
Gujarat: Ahmedabad, Rajkot, Gandhinagar, Vadodara
Harayana: Faridabad, Gurgaon, Rohtak, Sonepat, Karnal, Panipat, Ambala
Karnataka: Bengaluru, Mysore, Tumkur, Mangalore, Bellary, Belgaum, Kolar, Hassan, Mandya, Dharwar
Kerala: Kozhikode, Thrissur, Trivandrum, Ernakulam, Kollam
Madhya Pradesh: Indore, Ujjain, Bhopal, Jabalpur, Gwalior
Maharashtra: Mumbai, Thane, Pune, Solapur, Ahmednagar, Satara, Kolhapur, Jalgaon, Aurangabad, Nashik, Nagpur, Amravati
Orissa: Puri, Bhubaneswar, Khorda, Cuttack
Pondicherry
Punjab: Amritsar, Jalandhar, Mohali, Ludhiana, Patiala
Rajasthan: Alwar, Jaipur, Ajmer, Pali, Bhilwara, Udaipur, Bharatpur, Kota, Bikaner, Jhunjhunu, Ganganagar, Nagaur, Jodhpur, Jaisalmer, Barmer
Tamil Nadu: Chennai, Madurai, Coimbatore, Vellore, Cuddalore, Tiruvallur, Tiruchirapalli
Telangana: K.V.Rangareddy, Karimnagar, Warangal, Hyderabad, Nalgonda, Mahbubnagar
Uttar Pradesh: Ghaziabad, Noida, Kanpur, Allahabad, Varanasi, Agra, Lucknow, Jhansi, Gorakhpur, Bareily
Uttarakhand: Dehradun
West Bengal: Kolkata, Hoogly, Howrah

Permissions:
We take the following permissions from you to be able to assess your creditworthiness and for risk assessment purposes: Location and Contacts.

12% club is registered trademark of Resilient Innovations Pvt. Ltd. (Developer name: BharatPe)
Contact Us:
For any queries, feedbacks and suggestions
Address: A45, Second Floor, Malviya Nagar, New Delhi 110017
Email: [email protected]
Website: twelve.club