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What do you need to know Peer-To-Peer (P2P) lending?

Peer-to-peer lending is a mechanism which connects people in need of loan with others willing to lend.

The platform acts as an intermediary or marketplace that connects borrowers and lenders.

Borrowers on peer-to-peer lending are usually those who fail to procure 
loans elsewhere.

Here, the interest rate could range from 8%-28%.

A borrower has to register on the platform and a credit risk profiling is done in order to decide the lending rate for the borrower.


You can lend as low as Rs. 100 - 
Rs. 500 per borrower.

 Entire process is completely online and does not require any paperwork.

However in P2P lending, the platform does not take any risk of default.

Also, the investor has to wait till the entire duration of loan to 
recover the EMIs.

Click here to know more about
 P2P lending.

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What do you need to know about P2P lending?

We are going to talk about a product that was present even before the pandemic but has recently picked up due to awareness and better regulations. 

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What do you need to know about P2P lending?

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