LenDenClub: Digital Earning 4.3.2

LenDenClub is a notable player in the peer-to-peer lending space in India, having commenced operations in 2015. It offers a platform designed to enable lenders to diversify their investment portfolios beyond conventional options.

One of the key advantages of using LenDenClub is its registration as a Non-Banking Financial Company (NBFC) by the Reserve Bank of India (RBI), which adds a layer of credibility. The platform has gained the trust of over 20 million users, facilitating loans exceeding ₹16,000 crore.

Reasons to Consider LenDenClub:

• RBI-registered NBFC-P2P platform ensuring regulatory compliance.
• 100% digital lending experience, allowing users to engage comfortably from home.
• Robust security measures to provide a transparent lending environment.
• Potential for passive income, making it an attractive alternative to traditional investments.

Key Features Highlighted:

• Flexible lending options spanning short-term, mid-term, and long-term durations.
• Direct automatic repayments from borrowers to the user’s bank account.
• 24/7 customer support for assistance with digital finance queries.

Lending Options Tailored to Your Goals:

• Manual P2P Lending: Allows lenders to select borrowers and set terms. Minimum lending amount is ₹250, with a maximum of ₹4,000 per loan. Users can achieve substantial returns, as 68% reported earnings above 20% annually.
• Lump Sum Lending: Facilitates lending to multiple borrowers simultaneously based on user-defined preference. Minimum amount starts at ₹25,000, with maximum amounts varying based on tenure ranging from ₹10,00,000 for five months to ₹25,00,000 for seven months.
• Mid-Term Lending: Structured for those seeking regular income through daily earnings. Minimum amounts are set at ₹1,00,000 for 11 months and ₹2,00,000 for 14 months.

Understanding Peer-to-Peer Lending:

This digital finance model eliminates intermediaries, allowing direct connections between individual lenders and borrowers and creating a community-centric financial ecosystem.

Your Security is Our Priority:

• Advanced encryption protocols for secure transactions.
• Stringent verification processes for safe lending practices.
• 24/7 monitoring systems designed to prevent fraud.

The funds are managed through an escrow account overseen by ICICI Bank Trusteeship appointed by LenDenClub, ensuring enhanced security.

Required Documentation for KYC:

• PAN Card
• Aadhaar Card

Eligibility Criteria:

• Applicants must be adult Indian citizens with valid KYC documentation and an Indian bank account. NRIs with an NRO account and Indian PAN are also eligible.

For inquiries or further assistance, individuals can reach out via email at [email protected].