12% club: 12% interest rate
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P2P Lending explained in malayalam
How about if you get 9-12% interest rate.
Usually banks do this on your behalf. They take your money in a savings account and give it to businesses. They charge 12% to the business, give you 4% and keep the rest.
They guarantee that your money will never be lost and even insure you up to 5 lakhs.
What if you want to lend it yourself? That's what P2P Lending (Peer to Peer lending) is all about.
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3 фев 2023