General Queries

What is LendenClub?
P2P(Peer to Peer) lending stands for an account to account for lending. It is a new way of arranging a transaction between two individuals/entities where on...
Fri, 5 Mar, 2021 at 2:19 PM
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. Both lender and borrower will be communicated abo...
Fri, 5 Mar, 2021 at 2:19 PM
How can I manage my risk with LenDenClub?
Diversification and Reinvestment strategy is the effective solution to reduce your overall risk and earn fruitful returns on our platform. 
Fri, 5 Mar, 2021 at 2:19 PM
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?
You can expect net returns of 12% - 15%. However, it varies investor to investor and may not be in this range. The Average Rate of Interest offered to borro...
Fri, 5 Mar, 2021 at 2:21 PM
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...
Fri, 5 Mar, 2021 at 2:21 PM
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?
Below is the policy for Referral Bonus: You (Referrer Lender) will earn Rs. 50 per referral which will be deposited to your LenDenClub Account once ...
Fri, 5 Mar, 2021 at 2:24 PM