General Queries

What is LendenClub?
LenDenClub, an RBI registered NBFC P2P, is India's Largest Peer to Peer (P2P) Lending  platform. It is a new age investment option which connects inves...
Tue, 14 Sep, 2021 at 10:19 AM
How do borrowers and investors communicate about the loan?
Each and every step of the lending and borrowing process is conducted online, through your LenDen account. You get a completely profiling of the borrower on...
Tue, 14 Sep, 2021 at 9:59 AM
How can I manage my risk with LenDenClub?
The key to managing your risk in P2P lending is diversification and reinvestment.  Diversification: Always invest smaller amounts in more number of borrowe...
Tue, 14 Sep, 2021 at 9:58 AM
What is the NPA rate at lendenclub?
NPA is termed as Non-performing assets. Like banks and other financial institutes, we mark a loan as “Default or Write-off” after 90 days of non-repayment. ...
Fri, 5 Mar, 2021 at 2:20 PM
Can a company/non-individual lend?
Yes, a company can also lend as an “Institutional” investor through LenDenClub. Below mentioned documents are required to create your Institutional account:...
Fri, 5 Mar, 2021 at 2:20 PM
Is the interest taxable?
Yes, the interest received on loans is taxable as per your tax bracket. LenDenClub does not deduct TDS. A lender can download the income statement for the c...
Fri, 5 Mar, 2021 at 2:21 PM
What are the expected returns?
While the returns vary from investor to investor, the platform has consistently delivered an average 12-15% p.a. returns in the last 5 years. You can expect...
Tue, 14 Sep, 2021 at 9:57 AM
Who can be an Investor on LenDenClub?
Any resident Indian Individual / Entity (18+), who has a PAN card and rupee-denominated bank account in India, can become an Investor on LenDenClub’s peer t...
Tue, 14 Sep, 2021 at 10:01 AM
How would the repayments be carried out in case LenDenClub shuts down?
In case LenDenClub shuts down, all repayments will be handled by SEBI authorized ESCROW agent. Irrespective of existence of LenDenClub, the loan agreements ...
Fri, 5 Mar, 2021 at 2:23 PM
What is the referral policy?
As per the referral policy, the referrer (you) earns INR 50 per referral and the referred gets a INR 50 discount on registration. The amount is deposited...
Tue, 14 Sep, 2021 at 10:02 AM