Nowadays everyone wants more returns but our bank gives only 2-4% annually which is also less than our inflation rate i.e. 6% . We all want to increase our savings but market risk and other factors create barrier in our wants.
Today we will learn about the concept of P2P LENDING and the best P2P in India❤️
Peer-to-peer (P2P) lending is a form of financial technology that allows people to lend or borrow money from one another without going through a bank. It connects borrowers directly to investors. It is suitable for the individual investors who want to get a better return on their cash savings than they would get from a bank savings account or other deposit.
LendenClub is a P2P lending platform which lends your money to borrowers and makes 15-20% returns from them and give you a stable return of 12% annually. But is it safe?...YES🙂
BUT, HOW?????
●LendenClub checks the credit score and other parameters of the borrowers before lending them.
●Lendenclub distributes your investment in 100-100 pieces to multiple borrowers...so if any lender makes default, you will not suffer much loss.
●LendenClub is the first RBI NBFC-P2P certified platform and India's No.1 lending platform. The brand ambassador of this platform is the famous cricketer Hardik Pandya.
● LendenClub started in 2015. 11000+ crores have been invested so far and no investor (lender) has suffered a loss till that day.
》Considering all these points we can say LendClub is safe to invest and gives you highest stable return i.e. 12%
📣LendenClub Features-
● Fully digital process. Easy and free signup.
●Minimum deposit amount is Rs.10000 but if you do through BharatPe Merchant App then the minimum amount is only Rs.1.
●Maximum limit is limited to 10 lakhs.
● It usually takes 3 days for interest to be generated on the deposit. Interest earned is not automatically reinvested and can be withdraw anytime without any charges.
●Interest is generated on a daily basis .
●No freezing period of principal amount and it also be withdraw anytime without any fees.
●Withdrawals can take up to 2 days to reflect in your bank account.
📣LendenClub limits-
●LendenClub does not accept any commitment to pay stable returns and subjected to investment risk. If there any default from your borrower, that is your loss.
》Dealsplan says.... Invest at your own risk and don't put your entire savings here.
Start now to earn 12% on loan
⚠️NOTE-- If any issue persists regarding the content, offer and purchase, feel free to raise a complaint /dispute through the site forum. For general query , chat with our AI Bot.
