12 Club BharatPe is a loyalty program offered by BharatPe, a leading Indian fintech company that provides payment and lending solutions to small and medium-sized businesses. The program aims to reward loyal merchants who use BharatPe payment solutions to accept digital payments and manage their businesses. In this article, we will discuss the features and benefits of 12 Club and answer some frequently asked questions about the program.
![12 Club](/wp-content/uploads/2023/03/12Club.png)
What is a 12 club?
12 Percent Club is promoted by BharatPe. It operates the lending business through a tie-up with a P2P platform LendenClub. Borrowers can get loans and investors can invest their surplus money and earn interest 12 percent per annum interest on their deposits which is added daily.
What is the difference between cred and 12 percent club?
However, cred provides only 9% interest which is limited to selected customers only while 12 club offers a 12 interest rate. Either you invest at 12 percent or borrow at 12 percent. In both cases, you are charged or get 12% on your investments. 12 club is powered by Bharatpe. Comparing all the pros n cons, 12 club looks appealing.
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How Can I use 12 Club Bharatpe?
To use 12 Club BharatPe, you must first sign up for BharatPe’s payment solutions. Here are the steps to follow:
- Download the BharatPe app from the Google Play Store or the Apple App Store.
- Sign up for an account using your mobile number and other required details.
- Once your account is created, you can start accepting digital payments through BharatPe’s payment solutions.
- To become a member of 12 Club BharatPe, you must complete a certain number of transactions using BharatPe’s payment solutions. The specific requirements may vary, so you should check with BharatPe for more details.
- Once you have completed the required number of transactions, you will automatically become a member of 12 Club BharatPe.
- As a member of 12 Club BharatPe, you will be eligible for exclusive rewards, personalized offers, and other benefits. You can access these benefits through the BharatPe app.
- You can also access additional support and business management tools as a member of 12 Club BharatPe, including dedicated customer support and access to business loans.
Is 12 club available on iPhone?
This app is available only on the App Store for iPhone. Join the growing community of over 1 million investors earning 12 percent returns. 12 Club, powered by BharatPe and in partnership with RBI-approved NBFCs offers you a safe and secure way to grow your hard-earned money.
Features of 12 Club BharatPe
- Exclusive Rewards: Members of 12 Club BharatPe can earn exclusive rewards for every transaction made through BharatPe’s payment solutions. These rewards can be redeemed for cash back, discounts, and other perks.
- Multi-Tiered Membership: 12 Club BharatPe offers a multi-tiered membership program, where merchants can move up the tiers based on their transaction volumes. The higher the tier, the better the rewards.
- Easy Redemption: Members can easily redeem their rewards through BharatPe’s app, which is available on both Android and iOS platforms. The rewards can be redeemed for cash back or discounts on a range of products and services.
- Personalized Offers: BharatPe offers personalized offers to members of 12 Club BharatPe, based on their transaction history and buying behavior. This helps to enhance the customer experience and build brand loyalty.
What is BharatPe 12 club?
BharatPe 12 Club has been constantly giving 12 percent returns per year. And the best part is – 1. Interests are paid out daily 2. The amount can be withdrawn anytime 3. Interest is compounded too Since the interest is also compounded thus actual returns are in fact more than 12%. (1+12%/365)^365 = 12.7%
Is 12 Club approved by RBI?
“12 Percent Club” has been launched in partnership with RBI-registered P2P NBFCs (non-banking financial companies). The P2P offering will allow individual customers to invest and earn up to 12 percent interest through the 12 Club app.
How do you use 12 Club?
The consumers on the 12 Club app can invest their savings anytime by choosing to lend money through BharatPe partner P2P NBFCs. “Additionally, consumers can avail of collateral-free loans of up to Rs 10 lacs on the 12 Club app for a tenure of 3 months, as per their convenience.
Who has launched 12 Club Bharatpe?
BharatPe
BENGALURU: Merchant payments and financial services provider, BharatPe, is bolstering its consumer play, foraying into the peer-to-peer (P2P) lending space with the launch of its product — 12 Club.
What is the benefit of Bharatpe 12 Club membership?
Benefits Of Bharatpe Club Membership? Normally You Get a 10% Off Upto Rs. 100 Discount On Recharge Using Runs But After Membership, You Will Get 20% Off Upto Rs. 100 Discount Using Runs Means Rs.
Benefits of 12 Club BharatPe
- Increased Sales: The loyalty program encourages merchants to accept more digital payments through BharatPe’s payment solutions, which can lead to increased sales and revenue.
- Better Customer Experience: 12 Club BharatPe offers a range of personalized rewards and offers, which can help to enhance the customer experience and build brand loyalty.
- Cost Savings: BharatPe’s payment solutions are cost-effective compared to traditional payment methods, which can lead to cost savings for merchants.
- Enhanced Business Management: BharatPe’s payment solutions come with a range of features that can help merchants to manage their businesses better, including digital invoicing, inventory management, and expense tracking.
What is the interest rate of BharatPe FD?
In the context of your query, we would like to tell you that we provide up to 12 percent interest on daily bases.
How can I get 12 percent interest on BharatPe?
The fintech merchants will be able to access the investment platform on the BharatPe merchant app by clicking on the Investments tab. BharatPe has also partnered with peer-to-peer (P2P) non-banking companies LenDenClub and Liquiloans to deploy their savings against loans on these platforms for up to 12% interest.
How does BharatPe make a profit?
The company also has PoS machines for merchants to accept card payments. However, payments earn thin margins for the company. The company’s revenues come from its merchant and consumer-lending products. Its BNPL product PostPe clocked in a TPV of $321 million within three months of its launch in October 2021
What is a 12 percent interest?
Simple interest is the amount incurred on the principal amount at a certain rate of interest and for a particular period of time. For example, the simple interest earned on an investment of Rs 1 lakh for a period of 1 year at a 12 interest rate is Rs 12,000. Simple interest is calculated for a range of purposes.
How reliable is 12 Club?
I have been utilizing the 12% Club app by BharatPe since the early days and have found it to be a reliable and beneficial investment option. To date, I have not encountered any issues and have consistently received returns of at least 12%.
How does 12 club work?
Nikhil: The 12 Club is a platform where NBFCs offer you the opportunity to earn a return of up to 12% on amounts you invest by deploying them with NBFC peer-to-peer platforms (“P2P NBFC Partners”) and also allows borrowing from their lending partners at an interest rate of 12% per annum.
Is 12 Club risk-free?
There is no scenario of a borrower getting his/her money back. Does the 12 Club solve this issue with a guarantee? Ans. Not fully
Can we trust 12 Club?
I have been utilizing the 12 Club app by BharatPe since the early days and have found it to be a reliable and beneficial investment option. To date, I have not encountered any issues and have consistently received returns of at least 12 percent.
Frequently Asked Questions (FAQs):
Q. How can I become a member of 12 Club BharatPe?
A. To become a member, you need to sign up for BharatPe’s payment solutions and start accepting digital payments through the app. Once you start transacting, you will automatically become a member of the program.
Q. How can I redeem my rewards?
A. Members can easily redeem their rewards through BharatPe’s app. The rewards can be redeemed for cash back or discounts on a range of products and services.
Q. What are the different tiers of membership?
A. There are four tiers of membership in 12 Club BharatPe – Silver, Gold, Platinum, and Elite. The tiers are based on the volume of transactions made through BharatPe’s payment solutions.
Q. What kind of rewards can I earn through the program?
A. Members can earn rewards such as cashback, discounts, and other exclusive offers. The rewards can be redeemed through BharatPe’s app.
Q. Are there any fees associated with the program?
A. No, there are no fees associated with the program. It is a free loyalty program offered by BharatPe to its merchants.
Conclusion
12 Club Bharatpe is a loyalty program that offers exclusive rewards and personalized offers to merchants who use Bharatpe’s payment solutions to accept digital payments and manage their businesses. The program aims to enhance the customer experience and build brand loyalty, while also providing cost savings and business management tools to merchants. If you are a small or medium-sized business owner in India, signing up for Bharatpe’s payment solutions and becoming a member of 12 Club Bharatpe could be a great way to boost your sales and grow.