Can you show me a calculation example for a ₹1,00,000 lending along with the fee deduction?

Modified on Fri, 8 May at 2:06 PM

Principal Lent: ₹1,00,000

Tenure: 12 months

Platform Fee: 6%

Interest Earned: ₹36,500

Platform Fee : ₹6,000 (6% of ₹1,00,000 Principal)

Net Payout : ₹1,30,500 (₹1,00,000 + ₹36,500 - ₹6,000)

Please note: this is just an illustrative example; your actual returns will depend on the borrower’s repayment behaviour.

For a more precise estimate, you can use the platform’s calculator: https://www.lendenclub.com/resources/repayment-calculator/