Lendbox is a RBI registered NBFC-P2P Lending Company that operates in compliance with the peer-to-peer lending guidelines issued by the RBI, to provide a hassle-free borrowing and lending experience.
Lendbox is a Peer-to-Peer lending platform, which lets creditworthy borrowers and willing investors transact for short to medium term personal loans. Lendbox uses a transparent, convenient and efficient system to facilitate these loans.
All borrowers at Lendbox undergo a rigorous financial, personal, professional, and a social background check that is performed through the use of sophisticated technology and machine learning algorithms.
Investors at Lendbox have access to wide range of borrowers with varied risk profiles, giving them an opportunity to create diverse portfolios. With strong assessment and collection mechanism, Lendbox makes P2P lending much safer than many other investment options available.
Financial Institutions provide limited products for investments and low returns on options such as fixed deposits. Mutual funds are limited with regards to the investors they attract as they require high capital commitments over a long period of time. Finally, equity markets are highly volatile and require a significant holding capacity and risk appetite and even then returns are not guaranteed.
Lendbox bridges this gap by offering a new fixed income asset class that is not only safe and secure, but also offers ROIs as high as 36% along with flexible investment tenure.
Emergence of P2P lending has empowered individual investors to lend money directly to borrowers in hassle-free environment and without any involvement of banks and Fis.
Over 17,000 investors are earning an average return of 25% per annum through Lendbox, you can be one of them. Start now!
Lendbox follows an out of the box approach to credit assessment through a perfect blend of big data analytics and highly qualified professionals. Some of the factors we thoroughly assess are:
In total, we review over a 1,000 data points to ensure that a borrower is accurately profiled, and that an investor gets authentic information to help in the decision making.
Lendbox is a platform for people with an unconventional approach to investing. Lendbox can help an investor earn higher returns on their idle cash. This is like investing in people rather than lending, with a lower risk factor and higher returns.
The registration process to become an investor is fast and simple. Some of the basic requirements to be eligible to become an investor are:
|Identity Proof||PAN Card|
|Address Proof (any one of the following)||aadhaar Card / Voter ID / Passport|
Investing at Lendbox is very similar to stock market investments but with a much much less risk. Lendbox is all about investing in people through a transparent, convenient and efficient process.
The process of investing in borrowers is fairly simple and streamlined.
We may put limitations on your account at any time if we believe it is in order to comply with our legal obligations.
Registration fee: Non-refundable registration fee of Rs 500 is applicable at signup for a new Investor.
Investment fee: An additional fee of Rs 500 is applicable for every 1 lac (Rs 100,000) committed for investment on Lendbox.
The returns you earn by investing through Lendbox depend on your risk appetite. So, you decide the risk profile of borrowers you want to invest in and Lendbox will facilitate the process afterwords.
Non-Payment of EMI: In case the borrowers do not transfer the EMI by the due date, additional penal interest would be applicable as per the loan agreement signed between the Investors and their respective borrowers and will be applied to the due amount for the duration of delay, which Borrowers will be liable to pay the Investor.
Lendbox does not guarantee any returns on the capital. Lendbox is a tech platform and it does not assume any credit risk on behalf of its users.