CredMint Opinion

Cred mint is much much much less riskier than bharatpe 12% like probably 90% less riskier

You have institutions like CRISIL and ICRA rating FDs and bonds in India. These ratings are widely advertised by big and small organisations when they take depositors money and you have a sense of what's a safe investment and what's not by cross checking with the track record of companies and their balance sheets. What's Cred Mint's rating that indicates risk for depositors? The fact is that they are moving into lending business with none of the conventional metrics of risk revealed to depositors. That should be a red line for you. Would you give 10k to your neighbour who promises you 15% return without any access to his balance sheets?

Bharatpe pays 12% Why to take this much risk and earn 3% less

Don't. I have no idea about credmint or what they offer but as a principle, don't. For an extra 1-2% you have no idea how much risk you're taking. Don't chase yield without knowing the risks. Peace of mind >>>>

Better take top rated FD such as Sriram finance with interest rate of 8.5% or bajaj finance with 8% . Lending is very risky and you should only put money which you can forgot if lost.