Peer To Peer Lending
With P2P lending, you can get quick personal loans or lend money online to earn great returns. We connect high quality creditworthy borrowers with smart lenders online.
|Interest Rate (Min & Max)||Loan Amount||Loan Tenure (Min & Max)||Registration Fees||Processing Fees|
|12-36%||₹25,000 - ₹5,00,000||6-24 months||₹ 500||2-6% + applicable service tax|
For example, if a person is borrowing ₹ 5 lacs at 15% APR and repaying over 24 Months with 24 monthly repayments with 2% one time processing fees, their monthly repayments of ₹ 24,243/- will need to be paid with one time processing fees of ₹ 10,000/-, the total amount that would need to be repaid is ₹ 5,91,840/-.