There was a time when we stood in long queues to buy movie tickets or train tickets or to pay electricity bills. People do stand today but the queue is not that long. We were crazy about the movie stars whom we watched on the big screen and always wanted to be one. Now, the time has changed and we don’t stand in the queue anymore. We just don’t dream about the stars but become one. In the world of digitization, a lot of things have come handy which saves time and at times helps in switching the role. With various apps coming up, we can do numerous things simultaneously. By one click, you can have your food at your doorstep, a cab for travel, medicines when sick, and whatnot. Some have even become huge stars by just uploading their videos on YouTube or any other video apps like Tik-Tok or Vigo and people are going crazy about them.

After getting into the shoes of the stars, now it’s time to get into the one of financial institutions. We have always relied on the banks for saving, lending or borrowing. Now it’s time to replace one. You can save, lend and borrow simultaneously but this time it’s not the bank you will be relying on but yourself. Yes, you read it right! You will be the lender and can earn money. You will be the borrower borrowing at low rates than the banks offer. This, you can do with the help of one mobile app – The Money Club.

The Money Club is founded by the cream. The founder &Ceo, Mr. Manuraj Jain is an IIT Kharagpur alumni and an MBA from INSEAD and the CTO, Mr.Surajit Ray is too an IIT Kharagpur graduate. You download the Money Club app like any other app from the Android Playstore. There are around 30,000 verified users and the app is able to pull Rs.10 crores to date. I mentioned here ‘verified’ users. Not all can be part of this platform but only the verified ones. Even when you go clubbing you need to meet some eligibility criteria and at times need to show your IDs for verification. Similarly, in the money club, there’s a set eligibility criterion that you need to meet in order to get verified and use the platform. However, most of us till now, still prefer the traditional method of savings and investing. The banks are the most trusted ones and it should be because it follows the set rules by the apex institution. We don’t trust something easily because of its credibility. Where money is involved we become a bit conscious and we should be. However, if I say that The Money Club is trusted, some of you might not believe me but if I say why then maybe I will be able to change your views.

So here is why –

• All the users are verified
• You can save and borrow at the same time
• You can borrow bulk money in the time of need
• It has the lowest fee structure
• The transactions are transparent
• It is 100% risk-free platform because it has a recovery team to recover funds at the time of default.
• Within a day money can be borrowed and lent
• The funds are not pooled in the company’s account but transferred peer to peer.
• It operates under the RBI guidelines for NBFC-P2P lending
• You can start with a minimal amount of Rs.200
• Lenders get high interest
• Borrowers pay low interest
• The returns are 4 times the bank deposits
• Average borrowing cost is half of the bank’s personal loans

It’s time for clubbing. You can download the app and know it for yourself. For any further reference view the videos below-

     You can visit their website at www.themoneyclub.in

When you are ready to join the club, use this referral code –  

https://webregistrationdev.s3.ap-south-1.amazonaws.com/landing_page/index.html?referral_code=m0513

                                                         Go Clubbing!