ET Money - Earn - 11% P.A - P2P Lending

12% club by BharatPe also uses LiquiLoans.

everev wrote:

12% club by BharatPe also uses LiquiLoans.

Is it upto 12 or flat 12? Any minimum deposit to get 12%

dealstaar wrote:

Is it upto 12 or flat 12? Any minimum deposit to get 12%

Everything is in "upto" terms but they are giving constant 12%. But they have stopped taking deposits from over a month now so no point. Indmoney also uses liquiloans ans not taking new deposits as well. So i have a doubt that etmoney will not take deposits as well. Cred gives 9% and is still taking deposits though. Minimum deposit 1k for 12% but 1l for cred for first time, then 25k increments only.

everev wrote:

12% club by BharatPe also uses LiquiLoans.

12% club has 2 other partners aswell.
1. Lenden club
2. Hindon Mercantile limited

How about mobikwik xtra 12 percent flexi? How is the withdrawal experience?

Agnivo007 wrote:

How about mobikwik xtra 12 percent flexi? How is the withdrawal experience?

very good experience so far .dm me to get referral in mobikwik extra. I keep 10lakh in 12% club and 10 lakh in mobikwik .and same from my wife account.So total 40 lakh in p2p .gets me 40k per month passive income

arko1983650 wrote:

very good experience so far .dm me to get referral in mobikwik extra. I keep 10lakh in 12% club and 10 lakh in mobikwik .and same from my wife account.So total 40 lakh in p2p .gets me 40k per month passive income

What if money is gone ? is there any guarantee / insurance 

mojo_jojo123 wrote:
What if money is gone ? is there any guarantee / insurance 

Nope, no guarantee

arko1983650 wrote:

very good experience so far .dm me to get referral in mobikwik extra. I keep 10lakh in 12% club and 10 lakh in mobikwik .and same from my wife account.So total 40 lakh in p2p .gets me 40k per month passive income

You must have bought Flat in any city with that money and locked the Flat without renting it to get 12% ROI.

If you rent it , there is a risk, but you get 3% extra per year.

ramadesidime wrote:
You must have bought Flat in any city with that money and locked the Flat without renting it to get 12% ROI.

If you rent it , there is a risk, but you get 3% extra per year.

atleast someone can't take flat and run away .. so money is safe if documents of flat are good

mojo_jojo123 wrote:
atleast someone can't take flat and run away .. so money is safe if documents of flat are good

People take so much risk of hard earned money just for 2-3% difference of profit😳

ramadesidime wrote:
You must have bought Flat in any city with that money and locked the Flat without renting it to get 12% ROI.

If you rent it , there is a risk, but you get 3% extra per year.

40 lakh flat will net me max 10k rent but is hassle and no liquidity.I have a flat approx cost is 60 lakh but i cannot find any tenants with fully furnished with 2 acs  for 25k.If you stay in bangalore then its different in other parts medium rent is hard to get.I live in kolkata btw. here  12% roi in flats resale is impossible.(older flats are hard to sell) btw they will not pay rent and will also not move out---these type of tenants are also there.

mojo_jojo123 wrote:
atleast someone can't take flat and run away .. so money is safe if documents of flat are good

If you give someone rent for long term ie more than 5 years to the same person then they cannot be moved out of the house.as they have some legal right to property

arko1983650 wrote:

very good experience so far .dm me to get referral in mobikwik extra. I keep 10lakh in 12% club and 10 lakh in mobikwik .and same from my wife account.So total 40 lakh in p2p .gets me 40k per month passive income

For me recently the interest got reduced to 10% from 12 percent club. I had been with them for quiet sometime now. Recently they even changed the daily addition alerts too. So I kept just 2 lakh there and moved rest to other investment portfolios. I had observed similar with mobikwik but they add additional amount the next day so returns are close to 12% always..
Morale: Do keep checking daily interest fluctuation. 

paviliong11812 wrote:
For me recently the interest got reduced to 10% from 12 percent club. I had been with them for quiet sometime now. Recently they even changed the daily addition alerts too. So I kept just 2 lakh there and moved rest to other investment portfolios. I had observed similar with mobikwik but they add additional amount the next day so returns are close to 12% always..
Morale: Do keep checking daily interest fluctuation. 

I take out interest once a week and i check interest amount in both apps it should be same.
That is how i check

arko1983650 wrote:
I take out interest once a week and i check interest amount in both apps it should be same.
That is how i check

You are getting 12% in both accounts of 12%?

Same with Xtra accounts?

arko1983650 wrote:

very good experience so far .dm me to get referral in mobikwik extra. I keep 10lakh in 12% club and 10 lakh in mobikwik .and same from my wife account.So total 40 lakh in p2p .gets me 40k per month passive income

Interest credit date? Interest credited to bank? Interest entry comes in 26AS/AIS ? Referral benefit? Any indemnification clause in agreement? How's customer service?

Seinfeld wrote:
You are getting 12% in both accounts of 12%?

Same with Xtra accounts?

yes

dhinchakrohit wrote:
Interest credit date? Interest credited to bank? Interest entry comes in 26AS/AIS ? Referral benefit? Any indemnification clause in agreement? How's customer service?

interest credited daily. don't know exact time. Interest credit takes max 2 days to credit to bank.(you have to manually withdraw interest)

Interest entry comes in 26AS/AIS ?-no

Referral benefit?  Rs 100 only in mobikwik xtra if someone invests for more than 5k for 5 days minimum.

Any indemnification clause in agreement? -no

didn't need to contact customer service.

arko1983650 wrote:

interest credited daily. don't know exact time. Interest credit takes max 2 days to credit to bank.(you have to manually withdraw interest)

Interest entry comes in 26AS/AIS ?-no

Referral benefit?  Rs 100 only in mobikwik xtra if someone invests for more than 5k for 5 days minimum.

Any indemnification clause in agreement? -no

didn't need to contact customer service.

Manual withdrawal is a big let down.

arko1983650 wrote:
yes

You are really lucky, cause as per Twitter posts, several users are getting 10-11% on 12% club, I guess they are covered by their "upto 12%" terms. Even 2 months back I was with 12% and was getting 12% regularly, but things have changed a bit now, depends on the pool of borrowers I guess.

Also this person is badly trying to pull 12% down.

Seinfeld wrote:

You are really lucky, cause as per Twitter posts, several users are getting 10-11% on 12% club, I guess they are covered by their "upto 12%" terms. Even 2 months back I was with 12% and was getting 12% regularly, but things have changed a bit now, depends on the pool of borrowers I guess.

Also this person is badly trying to pull 12% down.

I am lucky till now always getting 12% on 40 lakhs. lets wait and watch.

arko1983650 wrote:
I am lucky till now always getting 12% on 40 lakhs. lets wait and watch.

Bro with that much money try investment in sites like strataprop etc. Will give u better returns with lesser risk

Need Invite for Cred mint

GeekHead wrote:

Bro with that much money try investment in sites like strataprop etc. Will give u better returns with lesser risk

No idea on retail estate sites. Can they not run away with your money.if the sites closes.

legend101 wrote:

Everything is in "upto" terms but they are giving constant 12%. But they have stopped taking deposits from over a month now so no point. Indmoney also uses liquiloans ans not taking new deposits as well. So i have a doubt that etmoney will not take deposits as well. Cred gives 9% and is still taking deposits though. Minimum deposit 1k for 12% but 1l for cred for first time, then 25k increments only.

After Asheer grover's statement, it look there is massive outflow. They are now sending multiple notification to invest there.

KrishabhAgrawal wrote:

After Asheer grover's statement, it look there is massive outflow. They are now sending multiple notification to invest there.

Which statement? I didn't follow on thay

legend101 wrote:
Which statement? I didn't follow on thay

https://www.linkedin.com/feed/update/urn:li:act...

KrishabhAgrawal wrote:
https://www.linkedin.com/feed/update/urn:li:act...

Any way that we can still deal with liquiloans directly? Or should i withdraw also?