Title: How P2P Lending Works
1How P2P Lending Works
2What is P2P Lending?
P2P Lending is one of the emerging lending and
borrowing platform which connects borrower and
lender directly. Peer to Peer Lending
Platform provides the lenders with an
unconventional route with new ways, which helps
the lenders, grow their money via lending money
to borrower. Peer to peer lending platforms
offer various advantages to the borrowers too.
One can opt for a personal loan from P2P
lending company at a lower interest rate and use
the funds to consolidate a credit card or another
loan that was high rate of interest.
3Borrowing Process at LenDenClub?
- Register as a borrower by providing basic
information and fulfilling KYC requirements as
per RBI guidelines. - View your loan getting funded by approved
lenders. This does not take long. - A hassle free documentation process ensures that
you do not invest your precious time in needless
physical visits. - Loan amount will be credited directly to your
bank account.
4Lending Process at LenDenClub
- Register as a Lender by providing basic
information and fulfilling KYC norms as per RBI
guidelines. - Start Building a portfolio by investing in a wide
range of loan requirements. - Convenient, automated fixed monthly payments. The
EMI amount is collected in Escrow account through
Auto debit. LenDenClub then remits the amount to
lenders account. - Reinvest returns for compounded earning or
withdraw the funds as per your need.
5Best Peer to Peer Lending India
6Benefits of Borrowing from LenDenClub
- LenDenclub is one of the best platform to avail
small personal loans without terms and conditions
like banks. - Borrowing from an online platform like
LenDenClub reduces your hassle of visiting the
bank, who most often end in rejection. - You can avail personal loans without any
middleman and you get same day approval while
registering through our platform. - Your loan can get funded within 2 business
working days after approval.
7Benefits of Lending from LenDenClub
- LenDenClub is the best investment platform which
offers investor a good returns on lenders
investments. - You can earn as much as 35 returns on the money
invested through this peer 2 peer lending
platform. - All the procedures are completed online.
Therefore, you can lend money hassle free. - In order to start lending money, you only have
to create an account on our platform and complete
the required online verification process.
8Thank You!
P2P Lending companies are developing in India
exponentially due to ease of lending and
borrowing process. Become a lender or borrower by
visiting our website.
For more details visit us at
https//www.lendenclub.com