Peer to Peer (P2P) lending enables individuals to borrow and lend money without any intermediaries. Usually, a person who is looking to invest (Lender) his/her money lends it to another person (Borrower) who is looking for a loan. P2P platform like ours connect such lenders & borrowers. Through Peer to Peer Lending, lenders can earn a higher interest rate which they may not get from FD (Fixed Deposit) or Mutual Funds investments! Also, P2P Lending platforms give access to borrowers who might not be getting loans from banks or who need instant personal loans online.
The Reserve Bank of India (RBI) regulates Peer to Peer Lending platforms to protect the interest of lenders and borrowers. P2P Lending is taking-off steadily in India. If you haven’t investing in this new asset class, this is the best time for you to start investment, especially when the RBI started regulating P2P lending activity in India. Click here to know more about RBI regulation on Peer to Peer Lending Platforms.
P2P lending India: TOP 3 platforms.
LenDenClub’s any purpose personal loans could help you fulfill any personal requirement or tackle a problem you are dealing with. We will support you with almost everything; from paying your problematic credit cards to arrange a vacation for the family; from family functions to your home renovation; from the purchase of used car/ new bike to managing a medical emergency. Select your suitable purpose of the loan and get going with India’s leading Peer to Peer Lending Company.
Faircent is India’s first peer-to-peer (P2P) lending platform to receive a Certificate of Registration (CoR) as an NBFC-P2P from the Reserve Bank of India (RBI).
Lendbox India’s Leading Peer to Peer Platform. With Lendbox, you can avail quick personal loans or invest money online to earn great returns. Lendbox is India’s leading peer to peer marketplace that connects high quality creditworthy borrowers with smart investors online.