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 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
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
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