Lend to high-quality, creditworthy borrowers with P2P Lending in India.
Lenders at LenDenClub have historically earned an XIRR 11.28% p.a. Don’t miss out. Diversify your portfolio with the largest peer to peer lending platform in India today & earn daily or monthly from repayments.
★★★★½
Highly Rated
NBFC-P2P
RBI Registered
₹ 16,000 Cr+
Lent So Far
2 Crore+
Registered Users
Diversify your portfolio in loans
Here’s a sample list of loans. You will get to lend in thousands of such loans. Get started now.
What is P2P lending?
Peer to Peer or P2P lending in India is an alternative financing model that connects individual borrowers and lenders, bypassing traditional financial institutions. Originating in 2012, this form of lending has gained momentum globally and notably in India, where it gained legal recognition in 2018 through guidelines from the Reserve Bank of India. Expected to grow at a CAGR of 21.6% to reach USD 10 billion by 2026, P2P platforms offer various loan types, such as personal, business, and medical loans. Borrowers apply online, undergoing a KYC process and credit assessment. Lenders can then choose which loans to fund based on risk and simple interest profiles. Despite its growth and role in financial inclusion, the industry faces challenges like default and fraud risks. You can learn more about it in this detailed article about peer to peer lending in India.
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Frequently asked questions (FAQs)
LenDenClub, a Peer to Peer Lending platform puts its best efforts into sourcing the right borrowers, and do thorough underwriting, information verification, and KYC checks. However, there is still a possibility of credit default risk for the borrower. It’s part and parcel of any lending activity. Here, your money is lent into loans. In a way, it’s a lending activity. Though LenDenClub’s platform’s performance is good, and it delivered good results in the past, it is vital for you to understand the risk involved in the lending. To mitigate this risk, your lent amount should be divided into small amounts. On the LenDenClub platform, the capital matching algorithm helps you achieve the same.
As the name suggests, P2P lending (peer-to-peer lending) is a concept in which individuals or institutes can lend money to borrowers. The system removes the role of a financial institution as an intermediary. Instead, P2P lending platforms act as facilitators for the transaction of money.
Anyone can become a lender on P2P lending platforms and effectively lend to many individuals or businesses from their homes. This mode of lending and borrowing has increased its adoption as an alternate way of financing.
Yes, LenDenClub is a fully regulated P2P lending platform, registered with the Reserve Bank of India (RBI) as an NBFC-P2P. All operations and processes follow RBI guidelines to ensure safety and transparency for both lenders.
Every borrower goes through a strict verification process, including KYC, income checks, credit bureau reports, and digital profiling. Only borrowers who meet LenDenClub’s eligibility and risk criteria are allowed to list loan requests on the India’s best P2P platform. As a platform we verify 600+ data points before approving a loan.
LenDenClub has multiple measures in place to recover pending dues from borrowers. These include auto-debit mandates and digital reminders. In addition, we have an in-house team of certified collection agents who operate in accordance with RBI guidelines, as well as partnerships with third-party recovery agencies.
Despite these rigorous efforts, there may be instances where a borrower fails to repay. To reduce the impact of such cases, we recommend diversifying your funds across multiple borrowers. This strategy helps improve portfolio performance and reduces individual risk exposure.