Get 12% Interest By Lending Money To Strangers
ฝัง
- เผยแพร่เมื่อ 3 ก.ค. 2022
- Most of us have lent money to our friends at 0% interest rate.
As per my poll on Instagram, around 72% of you have not gotten your money back.
In banking terminology, it means that the money lent has become NPA.
⬇️ Tag those friends in the comment section below to let them know that they are an NPA.
🙇🏻♂️My suggestion - Do not lend money to friends especially if they are close friends. If you do, then assume it's gone and don't ask for it back. You do not want money to be the reason for breaking your friendship.
Money is important but not more important than your relationships
Naturally, most of us are not comfortable lending money to strangers at 0% interest rate.
I mean- Why would you?
How about if you get 9-12% interest rate. This kind of returns cross the jiggle territory.
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.
Now you take all the risk. There is no insurance. But the returns are juicy.
This falls under the realm of alternate investment assets. Other investment options in this asset class are crypto, lease financing, venture capital, venture debt etc.
This asset class can be upto 10-15% of your portfolio because they are mostly delinked from stock market returns and act like a hedge.
Some of the companies in India offering P2P lending are: Cred Mint, BharatPe, RupeeCircle, LenDenClub and Finzy.
➡️Have you invested in P2P lending? Let me in the comment section below along with your experience (both good and bad)
Let us help each other know what platforms to avoid and what to trust since this is relatively new.
.
.
.
.
.
.
.
.
.
.
.
.
#financewithsharan #bank #fd #savemoney #moneytalks #financetips #personalfinance #moneytips
There's never captions my man 😂😂
Click on three dots and description
@@IndianBoy77 not there bro
See in the description 🤦
@@sandip5954 yo dude, did u check the description!?....it's not there, it's supposed to b pinned
It's their in the description
and thank god he didn't ask "from where he knows all that bro"
Where is the caption boss
I tried many P2P platforms. Here is the importance insight. Loan is given to defaulter or poor class who don't get even personal loan from bank. In P2P, Most of them stop paying after few months. I am still waiting for my principal amount from 3 Sebi approved P2P lenders, waiting as long as 3 years now! I given loan of max 1 year tenure. P2P platforms don't care about your money. They say default is 5% but it is much higher practically. If loaner stop making payment, they simply drop emails to them. Do you think in India anyone will pay back loan because you are dropping them email!
Which P2P have you used ?
?
Bharat pe is giving since 1 year I'm using it
Which platform did you use?
@@chinna4104 hi doc. Yentha invest chesaru ? Btw I'm medico too. Kindly guide me. 🙏
Thanks for the caption btw
But in the case of a bank, you just ask for your money and the bank will return it to you. Case is not the same as P2P.
Nimooum where's the caption da ?
Nimooun check description
😂😂
🤣
😂😂😂
On Instagram, why grow one audience when you can grow on multiple platforms 😮
No one will come up with such a informative and unique CONTENT on youtube. 👌🏻👌🏻 infact i have seen some ppl copying ur content and making it in hindi😄
ok let them
Never ever i saw any finance captions Sharan bro😂😂😂
Guru Nim videos Ella are just awesome...n so very educative....
Man's search for meaning 🌝❤️
Victor frank 's book in the background is a great read!!
That's like a new startup idea 💡
@@kapdekidukaanlawda 69 percent
@@MadaraUchihhaa no no it's 96
@@kapdekidukaanlawda 12 percentage club
Understood in 1 minute. Thanks yar
Bro forgot to say "I follow my man bruh" this time😂
Lol where is the caption?? 😂😂
Edit: Its in the description, guys. I was today years old when i realised YT shorts has a description box embedded in it. My bad 😂😂😝
Description dekh bro, comments nahi smh
@@vegetasamaa 😂
This video was made for instagram. The details in Captions should have been added as pinned comment.
@@vegetasamaa nothing in description as well bhai
Learn to check description first
Instead of laughing
In reality
Market can give you even 36℅ interest but it's risk is high
which market?? let me know?
@@ishaangogna6884 stock market, you f**l
@@ishaangogna6884 in Tamil we used to call " kanthu vadi " - that's a high interest loan from local money lenders which can be 3% per month which can be translated to 36 %
I think he mention daily vegetable market:D
@@praveenjai6078😂
Bro the risk is not reduced at all the tendency for each individual to default doesn't change so the risk doesn't change
Bro had the script open in the phone 😂
Oooo yeah i see there is a caption in shorts and first time I use it 🤣🤣😁😁😁🤩😂😂
@financew-sh.5991
My man Sharan
Sharan tripping ball out every when it comes to typing the caption
Bro you can be a hero bro💥💥 Our true kannadiga and you’re our pride, do a movie based on finance ,✌️🙏🏼
Me looking at man's search for meaning in the background LOVED IT
A thumbs up to your shirt bro😅
This isan is so clear i even undestand it
That's y he is the Man
Bro lazy to type a caption out but acted it out🎉😂
Best channel
Bro your superb ❤
Sharan, i love your videos a lot (yes and this comes from an engineer :P
Can you recommend us some books about finance and basically about how and where to invest to get best returns?
As an engineer i dont have much financial knowledge but want to learn!!
Same here could u plz reffer some books…
@@tharunmohan6609 the information he provides us is not provided by any bank because these infos are profitable for the consumers and not the banks :/
Also I'm guessing P2P lending will deliver a much higher interest rate than even 12% because of the risks involved and this probably means the loan sizes and durations will be lesser.
Where are p2p investments exists bro.
@@thatsallislife1137😂search in google best P2P landing flatform in india
Me : Searching for caption below
A bank also basically creates money.
If you have to lend p2p, lend it in local market. Interest is easily 36 percent. And risk will be lower that lending on these platforms. Atleast you will know the person face to face
You are automatically isured up to 5L for FD'S in case of banks go bankrupt under DICGC. (Deposit insurance and credit corporation)
Ohh god..!!
There are lots of P2P lending options in caption.
That glasses, can u give me the link?
His bracelet is just like I have 😂
Leather black with white finishing 😌
Details in description dude!!!
Stop trolling unnecessarily
Just invest your money at around 3-4%/ month in your Village or local areas directly to the needy persons.
In the Informal market, so you are getting around 36% / annum compounded annually.
Maine ek se liye the 30k jab me naya shift hua tha Gujarat me, Aaj Indore me hu or uss baat ko 2 saal hogye🤣 Sara Paisa uda diya
so please give it on your risk
These finance influencers should be sued legally. They should also be accountable for frauds by these platforms
Money kept in bank can be withdrawn if needed at ATM across the country, transferred to someone if they need through Internet Banking
Nice 😊👍
Where's the I follow my man broooo
So Here diversification plays a vital role
Sharan u have discovered the best way to explain the financial and critical concepts in finance in a layman's language through the "role play " method...
Thank u soooo much..
I don't miss a single video of urs !!
Thanks for such a good initiative
I like your accent man
That's true but banks have special advantage called fraction reserve banking
meaning, if you deposit 1cr they can lend out 10 cr and diversify the loans , in that case when you get paid 4%interest simply bank earned 10 times more.
And don't forget that enven if 80 percent(8cr) of them defaults they still got 20 % ie 2cr minus your deposit 1cr +interest 4lacs = 96 Lacs.
And need to mention that P2P lending get
Quite tricky in times of liquidation and defaults. And speculators are just waiting for an instrument to be invented to short this crap.
So in both ways you are trapped 😂
Nice shirt where can I get one like this?
Please give link to the glasses
12 % club is the best in p2p lending
True. I have had good experience with safe and instant withdrawal through 12% club.
Was initially cautious about it, but past one year, money is safe. Touch wood
U can draw a bill on the borrower if no option is left and also if u immediately need the money for some emergency or so
bhai mai bol raha huin ek pura gaana nikal do kasam sea mai 1st time yeah sunna or kasam sea maza aa gaya 200 million views kahin nahi ja raha kahin nahi amazing
Can you let us know how to start that?
Bro, you forgot to mention 1st P2P lending platform got licence
This what happens when u get greedy,no caption 🤣🤣
check description bro
By captions he meant the description😂... Go check the description guys.. its written there ( the companies )....
Description of which video?
This video's description bro.. just long press the screen and the option for opening the description will be available... You can see what's written there
Thank u
@@supriyaagrawal1439 no problem 👍
WINNING CONTENT OI
Baddi wyawhara🖤
It is like kind if digital way of finding lenders. For a common man it is not possible to authorize and give money.
Wanted to know if P2P platform is legal and following government guidelines??
Can't find the caption below. What's the P2P platform?
12th percentage club is one such app
It is a startup by Ashneer Grover called 12% club.
Bawa u are beautiful!!!
My uncle did this and lost all his money, he's now bankrupt and have people behind him. Always try to take minimum risk with above average returns.
Ur mom brother?
I mean mama
In Nepal P2P is 36% per year {we have different method of lending money like they will charge 3 rupees in every 100 rupees} for example : if I take 1000000 from person I have to pay 30000 per month
It exists in India too bro. 😂
Where is caption bro?
People who are looking for caption see the description section.
😂😂😂
Nahi he vo bhi
@@rajakushwah9940it is there
Bro the caption is on the top right three dot but it seems it serves different purpose 😂😂
Sharan can please share links where we can invest
Hey I have come across faicent P2P ..they said upto 5L insurance will be provided by RBI if that company defaults
Can you please clarify
Where is the caption?
Check Instagram
Good insights on finance related topics..
Btw the details are in description.. so replace saying description as captions.. a small suggestion from my end
Other than this all ur videos are awesome
Even the description does not seem to have anything! Where are the links that he mentions ?
@@varuniyer3100 its there bro
@@Saksm16 Oh ya, the description was not visible on mobile for some reason.
@@varuniyer3100 maybe he put that later
@@Saksm16 I cannot see, but can see your comment
Hmm okay...🔥👍
Brother can you please tell us about merchant banking 🏦 please
top right corner beside camera icon ; three dots click that and tap description......😁
I miss him saying beep boop
Anyone using 12% club and have faced any trouble?
Also, is the risk distributed?!
Have been using it since a year, yes the risk is distributed. They take 48 hrs for withdrawal
No problem
I put my money there when I sell some stocks or mutual funds and I am searching for other opportunities
And there is mobikwik extra now also which gives you 12.99% with 3 months locked in
@@bhavishathakkartry Per Annum, ROI is little less than 12% club but their services are the best.
The fun fact they never lose money
I know Monexo is first of its kind and started long back ...but even that has some loop holes, some times for divided money if they didn't make the payment we will be losing..company is not caring for the loss
Make video on trading , stock market
I'm investigating in cred mint and getting 9% fixed IR
Put in 12% club or mobikwik extra or lendenclub
Get upto 12-13% there
Psyche I check the captions below!
P2P lending platform can park the fund in stock market or other own business?
Reel videos are directly uploaded on TH-cam with out captions
Should I trust the platform
Finace with saran, where is the caption man?
I invested through 12% club in P2P lending..
So far good experience 👍
great app
Which platform did you invest in? Praveen
sir without form u k last 3 year ka incom Tex return bhr sktein hai ...agr income 2.5 lakh se km ho to???
Also in P2P lending, people won't give you installments on time
Thats what Crypto brings to table. Unfortunately its not regulated yet.
8-12% my ass, i know a family who lends in 48%-120% range.
In our area they give huge lumps of amount for interest of 24%( we call it 2 rupee interest in our area). There will be a land agreement, if the other side doesn't pay you, you'll get the land. I think it is common across India, isn't?
Is that safe!? Fking 24% is too much
I want to know about some investment plan with zero risk bro pls tell
In my town people lending at 24-36% by keeping their properties documents
12% club
Bro say about bharath pay is safe ? (P2p lending)
I tried those p2p apps.
They don't respond to customer queries.
They will soon be exposed.
Cheaters.
Caption kidr h???!! Caption nakal 🤣🤣
Where is the caption below to check