Today, investing money wisely is extremely important. The smarter the investment, the more are benefits. A excellent alternative for advantageous investments is Per Annum. It helps you in growing your wealth from time to time. You can invest and earn 11% interest p.a. The assets Per Annum has created are highly curated, and their risks are reduced by professionals in this industry. The app is India's largest platform for fixed-income investments. This recently launched platform is already engaging and getting many users. It promises accurate interests and healthy returns. It has 1000+ downloads on PlayStore and has 4.6 ratings.
App Features and Capabilities
Healthy returns: As the risks are mitigated by experienced professionals, the returns you get at Per Annum are accurate and advantageous. They are filtered and curated.
Several investment products: Unlike traditional methods of investments, here the options are widely available for you to unlock. It is a great alternative for Indian retail investors. Per Annum focuses on fixed-income products that can also beat inflation rates.
Alternate assets: You get your hands on products that are secure from volatile stock markets and allow you to earn a good amount of interest.
Accuracy: Per Annum follows cut-offs for credit scores regularly. Also, your income and spending are considered first, and then you are allowed to finance the borrower. This way, you get a higher credit score and frequent repayment history.
Paperless verification: Getting started with this reliable platform is quick and easy. All the verifications are carried out in a paperless way. However, you are required to fill in the KYC-approved details.
Transparent platform: Per Annum is transparent, and there are no hidden charges. So, regularly check your transactions and updated interests. You also get an end-to-end recovery of your account in case, you lose it.
RBI Registered owner: Per Annum's parent company, Transactree Technologies Private Limited is an RBI registered P2P-NBFC.
Low risk: There are minimal to no risks involved in this platform. You get higher and healthy returns. Per Annum keeps a check on your transactional activities and then allows you to loan your payments to the borrower. This way, if there are risks involved, the app will disallow you for this process.
Pros
Per Annum has 24/7 legal and customer support. So, in case, you are stuck and confused, you can directly contact customer support.
The risks are calculated and checked by industry experts regularly.
Users get a minimum of 50,000 rupees of investments. It also means that you can earn 11% of your total investments per annum.
There are no TDS detections at Per Annum.
New users don't have to pay a single rupee to get started.
The KYC and other verifications are done paperlessly.
Indian investors get access to stock market products that are capable to give you higher returns.
Per Annum tracks repayment history to understand your manner of transactions.
Cons
The UI and UX of this app need improvement. It is not user-friendly.
The deposit amount can be more flexible.
Other Information to Know
Per Annum helps you grow your wealth from time to time and earn 11% interest per annum. It is a smart investment platform with minimal risks.
