Good Application
This is a very good application, I received a good amount of interest.
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Description
About LenDenClub:
India ke 1.5 Cr+ users ne choose kiya LenDenClub, aap kab karoge?
LenDenClub is India's largest Peer-to-Peer (P2P) lending platform, proudly owned by Innofin Solutions Private Limited (ISPL) and registered with the Reserve Bank of India (RBI) as a NBFC-P2P. Since 2015, we've been a safe and reliable financial platform, helping millions achieve their financial goals.
Why LenDenClub?
• Start lending with as low as INR 250/-
• Trusted by 1.5 Cr+ Users
• ₹14,000 Cr+ Lent on the platform since inception
• RBI-registered NBFC-P2P
• Secure fund handling through ICICI Trusteeship Services
Lending Options to Meet Your Financial Goals:
Manual Lending - Select Borrowers as Per Your Preference
Manual Lending empowers you to choose your borrowers and lend on your terms. Whether you prefer short-term or long-term tenures, from 1 month to 3 years, you have control. As soon as your borrower repays, both principal and interest are credited to your bank account.
Minimum & Maximum Lending Amount:
• Minimum lending amount: ₹250/-
• Maximum lending amount: ₹2,000/-
Filtered Lending-
Here you can select the amount and tenure, then set your matchmaking preferences for loans to lend. Making the entire process hasslefree.
Minimum & Maximum Lending Amount:
• Minimum lending amount: ₹10,000/-
• Maximum lending amount: ₹50 Lacs/-
Documents Required:
• PAN Card
• Aadhaar Card
Eligibility Criteria:
• One should be an adult Indian citizen with valid KYC and an Indian bank account to become a lender on the platform.
• An adult NRI with an NRO account and Indian PAN is also eligible.
For any queries, kindly contact us at [email protected]
What is P2P or Peer to Peer Lending?
Peer-to-peer (P2P) lending is an alternative financing model that connects individual borrowers and lenders. Originating in 2012, this form of lending has gained momentum globally and notably in India, where it gained legal recognition in 2018 through guidelines from the Reserve Bank of India. Expected to grow at a CAGR of 21.6% to reach USD 10 billion by 2026, P2P platforms offer various loan types, such as personal, business, and medical loans. Borrowers apply online, undergoing a KYC process and credit assessment. Lenders can then choose which loans to fund based on risk and simple interest profiles. Despite its growth and role in financial inclusion, the industry faces challenges like default and fraud risks. Therefore, both borrowers and lenders should thoroughly evaluate the terms and platform performance before engaging in P2P lending.
Security & Protection of Privacy
The LenDenClub app adheres to global standards of data encryption and decryption protocols to ensure your information remains protected.
Risk Disclaimer: P2P lending is subject to risks. 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.
LenDenClub, owned and operated by Innofin Solutions Private Limited is an NBC-P2P lending platform registered with the Reserve Bank. However, Reserve Bank does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by the NBFC-P2P and does not provide any assurance for repayment of. the loans lent on it.
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India ke 1.5 Cr+ users ne choose kiya LenDenClub, aap kab karoge?
LenDenClub is India's largest Peer-to-Peer (P2P) lending platform, proudly owned by Innofin Solutions Private Limited (ISPL) and registered with the Reserve Bank of India (RBI) as a NBFC-P2P. Since 2015, we've been a safe and reliable financial platform, helping millions achieve their financial goals.
Why LenDenClub?
• Start lending with as low as INR 250/-
• Trusted by 1.5 Cr+ Users
• ₹14,000 Cr+ Lent on the platform since inception
• RBI-registered NBFC-P2P
• Secure fund handling through ICICI Trusteeship Services
Lending Options to Meet Your Financial Goals:
Manual Lending - Select Borrowers as Per Your Preference
Manual Lending empowers you to choose your borrowers and lend on your terms. Whether you prefer short-term or long-term tenures, from 1 month to 3 years, you have control. As soon as your borrower repays, both principal and interest are credited to your bank account.
Minimum & Maximum Lending Amount:
• Minimum lending amount: ₹250/-
• Maximum lending amount: ₹2,000/-
Filtered Lending-
Here you can select the amount and tenure, then set your matchmaking preferences for loans to lend. Making the entire process hasslefree.
Minimum & Maximum Lending Amount:
• Minimum lending amount: ₹10,000/-
• Maximum lending amount: ₹50 Lacs/-
Documents Required:
• PAN Card
• Aadhaar Card
Eligibility Criteria:
• One should be an adult Indian citizen with valid KYC and an Indian bank account to become a lender on the platform.
• An adult NRI with an NRO account and Indian PAN is also eligible.
For any queries, kindly contact us at [email protected]
What is P2P or Peer to Peer Lending?
Peer-to-peer (P2P) lending is an alternative financing model that connects individual borrowers and lenders. Originating in 2012, this form of lending has gained momentum globally and notably in India, where it gained legal recognition in 2018 through guidelines from the Reserve Bank of India. Expected to grow at a CAGR of 21.6% to reach USD 10 billion by 2026, P2P platforms offer various loan types, such as personal, business, and medical loans. Borrowers apply online, undergoing a KYC process and credit assessment. Lenders can then choose which loans to fund based on risk and simple interest profiles. Despite its growth and role in financial inclusion, the industry faces challenges like default and fraud risks. Therefore, both borrowers and lenders should thoroughly evaluate the terms and platform performance before engaging in P2P lending.
Security & Protection of Privacy
The LenDenClub app adheres to global standards of data encryption and decryption protocols to ensure your information remains protected.
Risk Disclaimer: P2P lending is subject to risks. 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.
LenDenClub, owned and operated by Innofin Solutions Private Limited is an NBC-P2P lending platform registered with the Reserve Bank. However, Reserve Bank does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by the NBFC-P2P and does not provide any assurance for repayment of. the loans lent on it.
LenDenClub FAQ
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Is LenDenClub free?
Yes, LenDenClub is completely free and it doesn't have any in-app purchases or subscriptions.
-
Is LenDenClub legit?
🤔 The LenDenClub app's quality is mixed. Some users are satisfied, while others report issues. Consider reading individual reviews for more context.
Thanks for the vote -
How much does LenDenClub cost?
LenDenClub is free.
-
What is LenDenClub revenue?
To get estimated revenue of LenDenClub app and other AppStore insights you can sign up to AppTail Mobile Analytics Platform.
User Rating
App is not rated in Italy yet.
Ratings History
LenDenClub Reviews
Worst app don’t use .
Worst app. Borrower don’t pay at all. Lost all my money . They don’t care at all . Just for little amount of interest i lost all my given money as all th borrower didn’t pay at all
Best Alternative Investment Option
I was exploring to invest in other investment option and got to know about P2P lending. After thorough research found best platform to invest.
Manual lending rocks
invest and get easy returns of 20% in less than 5 months. Overall the journey is smooth and transparent wrt to borrower profile and investing journey and its tracking. The good part is that none of my loans have defaulted; giving an amazing return of 20%+
Borrow
Lets see
P2P lending
Best platform for good returns Great service
Inoperative App
I am trying to log in but the app shows blank screen with logo does not move forward. I tried deleting and re installing same but no avail - Helpline is of no use
App is Not Opening
App is Not Opening
Won my trust
I had invested in the platform last year, the process right from adding the money, selecting the plan to finally withdrawing the matured amount was seamless. Kudos to the LenDenClub team.
Time waste
Just a waste of time for those looking for loan beacuse there is no such option to apply for a loan. Only showing is to lend money .
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App Info
- Category
- Finance
- Publisher
- Innofin Solutions Private
- Languages
- English
- Recent release
- 5.02 (2 weeks ago )
- Released on
- Jun 23, 2018 (6 years ago )
- Also available in
- India
- Last Updated
- 2 days ago
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