Earn ₹1000 reward after first Investment with Jiraaf | Also get more than 12% returns in Just 45-90 days investment time

https://www.jiraaf.com/
💰 Jiraaf 💰

(Read fully and then proceed)

✅ About the brand:

Jiraaf is a fintech platform and offers alternative investment products to retail investors. Better returns than fixed deposits. 

Opportunities which one can invest in through this platform are:

• Invoice Discounting (explained below)
• Revenue Based Financing/Venture Debt
• Real Estate NCD/Non Real Estate NCD
• Securitized MLD
• Leasing

Invoice discounting is the practice of using a company’s unpaid accounts receivable as collateral for a loan, which is issued by a finance company. This is an extremely short-term form of borrowing

Example:

Let’s take an example to understand this. You are in the business of office stationery and have supplied some office stationery to ABC Corporation. The invoice amount is, say, Rs.1,00,000. Now, ABC Corporation (The buyer) agrees to make the full payment after 30 days.

But if you need the money before 30 days, the buyer will issue you a letter of credit from the bank for 30 days. You can approach the bank and collect payment against that invoice much quickly. For making this ‘advance payment’, the bank will charge some interest from you. So, you will get a discounted amount from the bank. Assuming the discount rate is 5%, the bank will charge you Rs. 5,000 and deposit Rs. 95,000 in your account. At the end of 30 days, the bank will collect Rs. 1,00,000 from the buyer.

This way, that particular invoice would get settled. This financial transaction involving the seller, buyer, and the financial institution is called invoice discounting.

Pros:

1. Better returns - around 12%+

2. Investment duration is short - Usually 1-3 months

Risks:

Always remember, there is no free lunch in fixed income. Extra return comes at a risk.

 What are you betting on? You bet on ABC’s ability to make the payment. 

Here Jiraaf manages this risk by only listing opportunities that pass a thorough internal credit & risk assessment process. And usually the brands listed are backed by huge funding from investors.

One of the strong features of Jiraaf is that its team has a strong background in deal structuring and risk management, The other USP is that is backed by some of the top founders which include cofounder of Pharmeasy and Medlife. This adds a lot of credibility to the platform.

For other type of investments mentioned in the post, you can do simple google search and also it is explained on the site.

Registration Process

You have to register directly on the site but for referral reward of ₹1000, you have to signup with referal link or use Signup code. PM FOR REFERRAL LINK/CODE.

Registration is completely free.