P2P Lending, Peer To Peer Lending in India - LenDenClub - PowerPoint PPT Presentation

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P2P Lending, Peer To Peer Lending in India - LenDenClub

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LenDenClub is India's leading Peer to Peer (P2P) Lending platform. Borrower can get fast personal loans. Earn higher returns through lending money online – PowerPoint PPT presentation

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Title: P2P Lending, Peer To Peer Lending in India - LenDenClub


1
(No Transcript)
2
Introduction
  • A novel P2P lending and borrowing platform in
    IndiaIt allows individuals to get fast personal
    loans or become lender to earn higher interest on
    their investment. The platform helps lenders to
    multiply their money faster.
  • LenDenClub is one of the pioneer peer to peer
    (P2P) lending platformsin India, which lists only
    pre-verified borrowers on the platform. Lenders
    can browse borrower's profile before offering
    them any loan.
  • Across the world, peer to peer lending has helped
    millions of borrowers to get hassle free loans at
    competitive rates and higher returns on
    investments for lenders.

3
How Len-Den happens at LenDenClub?
  • LenDenClub connects creditworthy borrowers to
    lenders, who are interested in higher returns on
    investments.Online lending and borrowing process
    at LenDenClub makes it fast and simple for
    borrowers to get loan and lenders to get higher
    returns on investments. A win-win situation for
    both, lenders and borrowers.Lender Protection
    Fund, is instituted to protect lenders' principal
    amount. Kindly refer to our terms of services for
    more details on Lender Protection Fund.
  • www.lendenclub.com

4
An Insight into Peer to Peer Lending Loans
  • Peer to peer loans, or marketplace loans have
    become very popular in recent times. P2P lending
    platforms have provided a way to connect people
    who need short term funds in a jiffy and people
    who may have excess funds lying idle and are
    looking to earn good returns on them. With the
    increase in internet and smartphone penetration,
    marketplace loans, or online loans have grown
    rapidly.
  • Online loans can be a great option even when you
    have a poor or a fair credit score. While
    traditional lenders such as banks and NBFCs may
    not approve your loan application because of your
    lower credit score, a P2P lending platform like
    LenDenClub may be able to help you get a loan
    online.

5
The Benefits of P2P lending platforms
  • P2P platforms like LenDenClub have tried to make
    peer to peer lending as hassle free as possible.
    Such platforms facilitate investments by
    individuals by doing a due diligence on the
    borrower profile, recommending an interest rate
    commensurate with the borrowers profile and also
    facilitate recovery. For the borrowers, they
    offer hassle free credit in a shorter time than
    other financial institutions.
  • Anyone can become a lender by registering on
    these platforms and giving some basic details.
    Lenders can choose to invest small sums (that
    could be as low as INR 10,000).
  • By choosing P2P lending platforms, lenders can be
    sure of monthly cash flows that are in the form
    of EMIs and these are credited directly to the
    lenders bank accounts. This helps them to
    compound their earnings in a short span and
    re-invest the same.
  • Platforms like LenDenClub also have recovery
    support and, lenders can be sure to receive help
    when there is a loan default or a delay in
    payment.
  • With such benefits, P2P is soon becoming the most
    preferred choice of investors..If you havent
    started investing yet, it is the right time to do
    so.

6
Register for lending
  • https//www.lendenclub.com/Blog/An-Insight-into-Pe
    er-to-Peer-Lending-Loans
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