This article reports the measurement of cross sections of charge and mass identified fission products and the mass distributions in 232Th(12C,f) reaction at 62.5, 70.7 and 102.9 MeV beam energies to investigate the role of single particle effects. The study was carried out using the recoil catcher technique followed by off-line γ-ray spectrometry. Cross sections of 32, 54 and 64 fission products were measured for 62.5, 70.7 and 102.9 MeV beam energies, respectively. The mass distributions obtained at 62.5 and 70.7 MeV show a flat-top nature indicating significant asymmetric fission contribution (heavy mass peak corresponding to Z range of 54–56), whereas, a nearly Gaussian behaviour was observed at 102.9 MeV indicating dominant contribution from symmetric fission. The experimental mass distributions were in gross agreement with the “GEF, 2021/1.1” calculations which predicted significant asymmetric fission contribution dominated by Z ≈ 55 (‘Standard 2’ mode) at 62.5 and 70.7 MeV. The present study shows the significant role of charge polarization resulting in the deviation of the most probable charge (ZP) values from those obtained using UCD hypothesis. “GEF, 2023/2.1” calculations were unable to explain the observed mass distributions with significant asymmetric fission contribution due to comparatively lower contribution from higher chance fission resulting from the lower saddle point energies. An attempt has been made to estimate the mass distributions arising from the complete fusion fission and α-transfer induced fission. The trend shows an increase in the α-transfer induced fission contribution with increasing beam energy which is in qualitative agreement with the sum-rule model calculations.