General Queries
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
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
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
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
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
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
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
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
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
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