Expand your horizon of investments while broadening your portfolio with this new-age investment option – Peer To Peer (P2P) Lending. P2P lending is the process of lending money to individuals or businesses through online lending platforms. Any individual investor or financial institution can become an investor of peer to peer lending and earn interest paid by the individual or business who has borrowed money. It is taking the banking model and revamping it entirely to create a favourable investing climate. It functions completely online, hence investors can earn a higher rate of interest on their investments without any hassle.
The Best P2P lending platform to Invest In India is LenDenClub, Why only this, might be the question in your mind. Refer the below pointers to understand LenDenClub and it’s a functionality which provides multiple benefits with convenience to their investors.
- Solid Returns
Sustained high returns on the investment make P2P lending a sought-after investment option for fixed income investors. With LenDenClub you can earn up to 17% net return on your investments.
- Verified Borrowers
The platform follows a 5 step LenDen screening mechanism which ensures lesser defaults and easy tracing of borrowers. So you just need not worry about your finances.
- Diversified Investment
Mitigate your risk, diversify your portfolio, and maximize your returns by investing as low as ₹ 500 across multiple borrowers on the platform.
- Monthly Cashflow
The only high return instrument to fetch monthly cash flows with interest payments. Unlike other investing instruments, cash flow is not tied to maturity and starts immediately.
It is, however, a convenient option to manage investments over mobile effortlessly with LenDenClub Investor 2.0 application with below-mentioned features –
- Brand New UI – Revamped dashboards, portfolio and invest pages
- Bulk and Auto-Invest – Invest in multiple loan profiles while making utmost utilisation of your funds.
- UPI Enabled – Add funds instantly using UPI
- Live Return Calculator and XIRR report with many more exciting features.
Download the application now and earn better returns with great convenience and ease.