Categories: Business

BharatPe launches P2P lending app ‘12% Club’

BharatPe has launched a “12% Club” app that will allow consumers to invest and earn up to 12 per cent 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 the “12% Club” app. Apart from this, consumers can avail of collateral-free loans of up to Rs 10 lakh on the 12 per cent Club app for a tenure of 3 months.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • Chief Executive Officer of BharatPe: Ashneer Grover;
  • Headoffice of BharatPe: New Delhi;
  • BharatPe Founded: 2018.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which is the Largest House in the World? Where it is Located?

Houses are not just places to live; some are grand, luxurious, and larger than most…

3 hours ago

Who is the Richest Man in Asia in 2026? Check the List of Top-10 Richest Men of Asia

Asia is one of the fastest-growing regions in the world and is home to many…

5 hours ago

Third Edition of Future Warfare Course Launched in New Delhi

India has formally begun preparing its military leadership for the wars of the future. On…

5 hours ago

Sarvesh Ranjan Promoted to Chief General Manager at Union Bank of India

Union Bank of India has announced a key leadership change with the promotion of Shri…

5 hours ago

New Orchid Species Discovered in Kanthalloor, Kerala

India’s biodiversity has gained fresh attention after scientists discovered a new orchid species in Kerala’s…

6 hours ago

Adampur Airport Renamed Sri Guru Ravidas Maharaj Ji Airport

Punjab’s aviation map witnessed a symbolic and developmental shift on 2 February 2026. Prime Minister…

6 hours ago