Yes it started accepting new deposits and also withdrawal is getting delayed with a statement we have escalated it to ur bank and the resolution takes 7 days12percent club although has started accepting deposit but not allowing withdrawal on pretext of unknown activity
Just 2 words -> Stay away!
And you make the choice of where to invest!Classic example of high risk low return investment. Banks give up to 8% and insured up to 5 L per account name. For mere 4% extra why would anyone risk the principal is beyond my understanding.
Equity or mutual funds can be good choice for high risk high return. Returns can be upwards of 20% cagr.
Yes exactly. We can select lower risk and settle for slightly less returns while someone else can target higher risk.And you make the choice of where to invest!