Best P2P Lending Platform to Invest in India

Jan 13, 2021

Upgrade your investment plan while diversifying your portfolio with this new-age investment option – Peer To Peer (P2P) Lending. P2P lending is the process of directly lending investor funds to individuals or businesses through RBI monitored escrow accounts. Any individual or institution can invest in peer-to-peer lending and earn interest paid by the individual or business that has borrowed money. It is taking the banking model and revamping it entirely to create a favorable investment climate. It functions completely online; hence investors can earn a higher interest rate on their investments without any hassle.

One of India’s best P2P lending platforms is LenDenClub, India’s largest peer-to-peer lending platform in India. Refer to the pointers below to understand LenDenClub and its functionality which provides multiple benefits with convenience to their investors.

  • Comparatively Higher Return Investment

Sustained higher returns on investments make P2P lending a sought-after investment option for fixed-income investors. With LenDenClub, you can earn up to 12% net return on your investments, comparatively higher than other investment options.

  • Verified Borrowers

The platform follows a robust screening mechanism with 200+ parameters they are checked on that ensures lesser defaults and easy tracing of borrowers. Most of the profiles on the platform are repeat borrowers who have had a good repayment history with the platform. 

  • Diversified Investment

Mitigate your risk, diversify your portfolio, and maximize your returns by investing as low as ₹ 500 across multiple borrowers on the platform.

  • Power of Compounding
    The inflow and reinvestment of EMI repayments allow building up the principal amount of investment which helps in higher returns.

It is, however, a convenient option to manage investments over mobile effortlessly with LenDenClub Investor 2.0 application with below-mentioned features –  

  • A personalised and easy to navigate dashboard
  • Bulk and Auto-Invest features– Invest in multiple loan profiles at the same time seamlessly to optimise returns
  • UPI Enabled – Add funds instantly using UPI
  • Live Return Calculator and Net Returns report among others, for current portfolio performance indication

Download the application now and earn better returns with great convenience and ease.

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