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Top Peer-to-Peer Lending Platforms in India 2022

 

Do your Savings Account and FD interest cover the time value of money? While inflation ranges between 5-6%, P2P investments can provide handsome returns. P2P lending sites provide a marketplace for direct lending, etc. Hence, they offer attractive investment opportunities without exposing you to market risks. 

Although P2P lending in India is relatively new, it is gaining mass acceptance at a quick pace. As per the forecast published by IndustryARC in “India P2P Lending Industry Outlook 2021-2026”, the market for P2P loans in India can grow up to USD 10.5 Billion by 2026. So, here are all the details about P2P lending sites and which are the best platforms for you.

 

  1. What is Peer to Peer Lending?

P2P lending sites provide a marketplace to facilitate investors and borrowers who can carry out P2P lending by directly registering on their websites. In a nutshell, peer-to-peer lending means direct lending between individuals who want to invest money and those who want to borrow money. By reducing the role of banks, peer-to-peer lending has made crowdlending easier and more accessible for the masses while regulating and standardising it. 

P2P platforms diversify these investments into multiple borrowers to mitigate risk. Platforms like LenDenClub allow you to choose an auto-investment facility. Instead of making manual investment in each borrower, you can set up filters based on which their AI-powered interface auto-invests your money on your behalf, customisng and automating it at the same time.

 

2. Features of Peer to Peer Lending Platform

Here are the key features of P2P loans:

 

3. Benefits of P2P Lending

 

4. Is P2P Lending Profitable?

Compared to any other investment, P2P lending can provide some of the best returns in the short and long terms. With LenDenClub, the best P2P lending platform in India, you can expect double-digit returns on your investments. This makes P2P platforms an attractive investment destination.

 

5. Is P2P Lending Safe in India?

One of the major concerns of the investors with P2P lending is the risk of default. Every investment carries a degree of risk. But, making decisions diligently can help reduce the chances of a loss. Additionally, the prudential norms issued by the RBI control the risk and exposure. Here are the points that make P2P lending a safe prospect:

 

6. Top Peer to Peer Lending Platforms in India

Here is the list of the leading peer-to-peer lending sites in India, (not necessarily in the same order):

 

7. Why LenDenClub is the best P2P Lending Platform in India

While there are many P2P platforms available in India, here is why LenDenClub is special and the best P2P platform for investing your money:

Choose LenDenClub and set on a successful investment journey. Register Now!

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