HomeOverview of credit assessment

Overview of credit assessment

LenDenClub uses an Artificial Intelligence-based credit underwriting model, which uses around 600 data points to validate the borrower’s eligibility criteria and risk profiling.

Two primary areas of the assessment are to check the ability of the borrower to repay and the intention of the borrower to repay.

To determine this, the basic eligibility criteria are:

  • The borrower must be 21 years of age
  • Must be an Indian national with valid KYC documents
  • Must be earning income to service the loan EMI

Underwriting process:

KYC Verification

  • Proof of identity
  • Proof of address
  • Selfie

These documents and data are validated against cKYC database to validate the borrower.

Other documents:

  • Financial statements
  • Bank account
  • Bureau Report

The risk assessment is done based on the following analysis:

  • Demographic details
  • Professional / employment details
  • Income details
  • Analysis of income and expenditure
  • FOIR analysis
  • Repayment pattern of previous loans

Disclosures and disbursement:

  • Terms of the loan and repayment are given to the borrower upfront before it is offered to investors/lenders
  • An acceptance of the understanding of these terms by the borrower is recorded
  • Once accepted, the loan is disbursed to the registered and verified bank account of the borrower

We are proud of our result driven algorithms

FMPP® Quarterly Performance

In the last quarter, FMPP® investors have earned upto 12% p.a. since launch

You can make the best use of your funds by investing in FMPP®.


Avg Returns p.a. in September 2023

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping lenders diversify their investments beyond traditional investment instruments ever since.


The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.

LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app.

The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or lending simple interest. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any lending decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ lending amounts.

*This is an annualized yield and is subject to the maximum FMPP tenure, which is 5 years. P2P lending is subject to high risk and may cause an entire loss of principal.

*P2P lending is subject to risks. And lending decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

** Average value mentioned is the weighted average of simple interest received by lenders

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