BharatPe launches P2P lending app ‘12% Club’
- BharatPe has launched “12% Club” app that will allow consumers to invest and earn up to 12 percent annual interest or borrow at a similar rate.
- BharatPe has partnered with LenDenClub (RBI-approved NBFC) for this app and lending arrangement.
- Consumers can invest their savings anytime by choosing to lend money on “12% Club” app. Apart from this, consumers can avail collateral-free loans of up to Rs 10 lakh on the 12 percent Club app for a tenure of 3 months.
Points to remember:
- The app “12% Club” has been launched by?- BharatPe
Source: livemint