Being a banker I can say this video is utmost clarifying for general investors.. I guess people should know the stability of bank deposit than any other instrument..applaud👏🏻👏🏻👏🏻
5 lakhs is not a small amount.. stability doesn't mean ke ap sab kuch bank me hi invest kar do,but its rather keep a safe amount that can give you a decent return also can any time be withdrawable in case of any emergency so that you don't have to take out your investment from MF,Stocks or any other investment at a loss making position.. More over Indian economy ak growing economy hai, yaha banks like SBI, PNB, BOB, HDFC these are too big to fail, there are barely any chance that these gaints will fail because agar ye gira pura Indian economy hi girega toh phir kaha ka stock aur kaha ka MF apko bachayega.. so ye jo log 1-2% zada ke lalach me scheduled banks ke alawa paisa rakhte hai inhi ka thora bohot chances raheta hai default hone ka..magar phir v dubega nahi kyun ki RBI hai it will revive anyway.. So my point was its always better to invest some secure amount of your savings in a reputed scheduled commercial bank, rest amount in any other mode which are regularised by a GOv body such as RBI, SEBI etc. Aur ye 12-15% ke chakkar me non regularised cheezon me invest kar ke 5 lakh to kya ak 1 rupayee v milna is uncertain..
RU-vid pe koi bhi insan jiski dilchaspi investing or finance ko sikhne me hai shyad wo pk sir ki videos ko miss nhi kar sakta because pk sir giving everytime very deep knowledge for everyone 👏😍
10/10. Very well explained. I may add that if you invest the money you are ready to risk in MF or stocks, you atleast get a chance to get out with some amount when there is a downturn because of news in media. But this may not happen in the 12% club apps
@@jinagaanantrao7677Pl explain one point. What did his course promise prior to enrolment & what did it deliver ? Did u get any skill or was ur fee wasted ?
They are majorly giving loans to shopkeepers who are using Bharat Pe QR Code, they already know their income levels on daily basis. So customer profiling is easier for them and chances to default is low.
I am not favoring P2P lending but Banks are also Responsible cause small sector companies don't get loans easily and they need liquidity which is major problem
Bhai bank do scoutny before paying let take on ourself if we need to pay to Stanger want we see security part same with the bank... bank give customer guarantee of capital and interest where as p2p don't guarantee capital or interest. Major difference
I drove my first car in my dad's name and later went to get a truck in mine after I paid off my first one and drove off the lot with the truck I wanted, its mostly about a good credit score and a loan portfolio helps as well...lenders like to see various forms of loans in your name to be less of a risk and yes you might have to put money down but not HALF of the car loan Your exactly right I screwed my credit as a young man now I own a detailing company and can't get anything with out the full amount of cash. I'm working on my credit to get better with , Love the knowledge keep it up *VRI TOKEN*
@@pranjalkamracan you please also cover your thought process for tradecred, kredx platforms? Are they really safe ? Can you share detailed video for this
For small amounts in denominations of 10k, 20k, i don't think there is more risk as compare to investing 50k or above, so for small amounts we can invest therein.. and yes we will not get enough benefits in small amounts so if you got 12% on these amounts you will have still little bit benefits, so invest according to your necessities..
I learned somewhere that 12% club loans for capital expenditure of small shops. It collects the money when the customers pay shop through bharatpe qr code. This way money is in constant rotation, not locked for 1 year. Therefore next day withdrawal (liquidity) is not as impossible as told in the video. I agree though, that one should invest only that money which one can afford to lose without effect on their lifestyle.
Hey Pranjal, Very enlightening video as always & thanks for your financial guidance over these years. I would like to check whether 12% club lend our fund among 'n' customers & then automatically deduct/collect the payment amount on a daily basis from their customers account?
2 log h jinhe mai unke intial phase se follow kr rha hu RU-vid pr vo h ek pranjal aur dusra BB aur ye dono hi bande genuine h aur successful hue just because of their perfect and best content.. I will follow you always for my finance.. U r the best😊
In last 4 years I have learned so much from you that from the beginning of 12% club I clearly knew it is very very risky, still just for you I played this video, thanks again!
Ek imp chizz toh batai hi nahi .....in case of 12% club if you invest 5000 rs it will divided into 200 each and wil further lend it to other so if one default, it will cost you 200 not entire 5000
Agree to your point but under T&C this is regulated by RBI upto 5 lakhs... Liquidity is definitely a concern... but if one can take a risk ..you can park some money in 12% club... again all individuals should plan their risk appetite.
Good evening sir. Very well explained about p2p. Thanks for sharing such a useful video. God bless you always. Sir which is safest investment instead of FD. Please reply
PK all points are valid. My observation is that the audience opting loans from such platforms are not necessarily people rejected by banks for loans but also people who are seeking money with quick and easy borrowing method and amounts are not very significant. Of Course it has inherent risk and one should park money you can afford loss and high risk appetite
Informative video Pranjal ji, Kya grow app ke through mutual fund or stocks me invest karna safe hai? is topic par bhi video banaye ki kya kya risk ho sakte hain. Jai Hind Jai Bharat
Not a single word about cred mint in the video or in the comments. Would have loved to hear about it as well. Given the borrowers here are better off (credit score >= 750)
You have not discussed the risk management system obtained by the p2p lending platforms. NPA rating & loan to people with higher creadit worthy score etc. are some risk minimising steps taken by them are not compared.
You forgot to highlight the fact that most of these platforms mitigate the risk by distributing your invested amount evenly amongst multiple borrowers. this is basic and should have been covered
I do agree that these P2P platforms can have liquidity crisis. But the big banks can also face the same crunch. The recent failures of few US banks is an example. One big difference is bank has lesser chance to fail under liquidity crisis as compared to these P2P lenders. Government should regularise these P2P lenders and merge them with some bank to make their lending process better.
Hi Pranjal Ji, As always you have very good content which is completely relatable and helpful for us to take the right decision for our money. I appreciate it and i am very thankful for it. I would like to rate this video at 8/10 and have below suggestions to get 10/10 from my perspective. 1) Please show the calculations on the screen, it makes it easy and quick to grasp the points you are trying to make. 2) you can use illustrations/diagrams/drawings etc. to do above. 3) It would be good if you could shorten the length of the video further. I like "Think School" channel videos because they convey very complex points in very quick and easy manner. This is just a suggestion and in no way a comparison. You are great at what you do. Thank you for reading.
I have put a substantial amount in cred and mobikwik but can not continue after watching your video. Wish I had not seen this video😅. Need to pull that money back asap.
Bhut अच्छी जानकारी आप ने दी सर में इसमें पेसे डालने वाला था लेकिन अब मुझे सब अच्छे से क्लेयर हो गया है, लेकिन दुःख इस बात का है कि अच्छे और बड़े यूट्यूबर इस aap का प्रमोशन कर रहे है जेसे सागर सिन्हा सर
Yes you said right, stocks can give you multibagfer returns with a calculatated risk ( if we take) , whereas p2p lending can be a lot risky with limited returns
10 rating to this video, Pranjal kamra you are a real jem with true heart. I can blindly trust on your advice because I know company can default but your ethics & values are way beyond. You are a true friend for all Indian investors. Keep up the good work
Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *VRI TOKEN* , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied.
Clearly there a few misconceptions in the video: a) PK says that there is no underwriting and money is given to anybody. Fact: Funds given by Liquiloans (the company / NBFC which does the lending) are underwritten on the basis of credit score. b) PK says that Banks guarantee the deposit. It is not the banks who guarantee, it is the DGIC which provides 5L deposit insurance. Banks have also put moratorium in the past (eg Yes Bank). c) PK says the borrowers are people with poor credit who have been denied loans by banks/NBFC. In reality, some of these are short term liquidity loans (3-12 months) which the borrower takes in the event of emergency or liquidity shortfalls. Sometimes BNPL is funded through these platforms. This is easier than going to bank , doing KYC and taking loan. I have done this personally despite my CIBIL score being 780. d) The lending that you do via P2P is not given to one person. The money is divided amongst 200 borrowers (12pc club gives the list). So the chance of everyone defaulting is very low. Some of these NBFCs have lower than banks’ NPAs. e) RBI has strict norms around how much money one individual across P2P can invest. In conclusion, fear-mongering is not the right way to approach an asset class. Always be aware about risks and how much you want to put into any asset class. Comparing Vauld (which used staking) to 12pc club is not correct.
Exactly, CRED MINT seems to be pretty safe for P2P. Around 8.5% distributed among 200 good cibil scorers. I don’t think that they are poor people that the bank refuses. If so, why is their credit rating good? Hassle free payment is something you would look for if its an urgent money need & I think that’s why they don’t approach banks in the first place.
I had downloaded 12% once but I thought of the same and didn't sign up. One may diversify some funds in bond also. 9/10 for the scoop This video should have aired a lot earlier.
I was just about to invest my whole family's earnings in this app. Thank God I opened your channel. Thanks for the advice; it was really helpful. I'll rate it 10/9."
@@debmukherjee8212 Bhai bakwas hai to koi reason bta na jo teri bat ko justify kare pehle khud jagle bina koi valid reason ke gyan Mt de aur itna hi he to us app me jakar invest krde jyada Gyan Mt bat
Bhai mera kama tha bolna, 10 sal bad tum kaha aur pranjal kamra kaha, kuhud dekh lena, main e bola invest khud padai karke koro kisi ki baat pe mat koro
P2P can do 2 things. They can attract customers for fixed deposit for 12 to 13 % Secondly they can reduce the rate of return from 12 to 10% as 10% is also a attractive rate of return . And one more thing they can do .. I.e the minimum withdrawal period should be 3 months at least .
I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!
Sir your money doesn’t go to one one person … it goes to many and not all of them will default at the same time. So the loss controlled . Please give complete information
Bharatpe loan daily deduct karate hai aur monthly 2-3% dikhate hai but real me 40-70% annual interest rate padta hai I calculated by “loan Calculator with daily payment “.
You are one of the most sophisticated and brilliant RU-vidr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for *VRI TOKEN* much love from Chicago
9/10 thori or details bolna chahiye tha Mera ek doubt hai👇👇👇 Mera ek dost mujha kaha ek company hai jo 1 month ka 8% yani annually 96% ka interest da Raha hai hamare dea hua paise ko 10 logoka ek masters team bathake trede karte hai Kahi teachers inse Amir hea ha o bolta ha Pahale tho 12 % monthly data tha yea kaha Raha hai Or yea bhi bola ki Paisa remate account se aramse nikala ja sakta hai agar dubneka bhanak lagi toh 2 sal se yea chal Raha hai .... Ea sa oh kaha Raha tha Ek or friend ka uncle bol Raha tha ki oh 65 days main paise ko bobble kea hain ek company se Please tell me making a video in this topic kea main in sab main invest kar sakta hoon???????
Sir i have invested my emergency fund at 9% interest with flexibility of withdrawal at any time in ET money. But now, it feels like it is very risky and I am withdrawing immediately. Thank you. 🙏🏻
Yielding income does not have impartto upliftinng people I do appreciate and grateful to Mrs Anya Nicole Bradford for her dedication that bring me to this point, finally paid off my mortgage and all my debts, what more could I've asked for
I really appreciated this video, as a medium-term *VRI TOKEN* holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earlier assessment. This will crush the market.
Stock market me ye kya risk Kam Hain... isme b bahuth zyada risk hain....I lost more than 2 lakh rupees in the stock market...from last one year i have earned money because of this 12% club... So I'm happy to invest in CLUB 12%
In edition to that, you've to devote atleast 2-3hrs a day to find Swing Trades on regular basis and still there's 50% probability of earning money, whereas in P2P you've to just deposit your money and you can continue your Primary task without any disturbance.
Thank you so much sir, I was about to invest in 12% club, but I was not able to find any good update from people like you so I was holding on. Can you make these videos on other apps like - SustVest and GrowPital, I want to know how safe are they and can you make people more aware by them.
between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...
Finally thanks for the update! I'm trying to hold a million dollars worth of *VRI TOKEN* . Oddly enough it's a sleeper for some weird reason that not many RU-vidrs talk about in regards to lnvesting. It has had steady growth since its release.
Pranjal bhai...agriculture m invest karne k liye ....Agriculture rites kaisa option hai? Ya iske alawa bhi aisa koi rasta hai jisme sip jaisa kuch kar ke commersial property m ya agricutral land m invest ho jaye
This looks like a good platform to take loan then... less complications if you default... what is the process & disadvantages to avail loan from p2p can you create another video?
Super hyped for *VRI TOKEN* , a L3 DEX with native swaps between BTC, ETH, USDT, etc. (No more wrapped IOU's and massive gas fees)They use lightning and connext state channels which allow for zero gas fees, fast finality, and increased privacy. Main net coming supposedly soon, easy 100x.
Sirji, I am confused about higher pension scheme...I joined my duty in year 2008..retire in 2046..can you lls help by anyway to calculate and help for join or not? Calculated some basic way but not trust that. Pls do needful and make video on that at earliest as 11th July 23 last date... Your help will be really appreciated many pls...
Hi @pranjal could you please give some information about gullak application, which assures to give more ROI than gold and whats the risk in that ? Please let me know thanks
