Invest Like A Pro With Lendbox

P2P (peer to peer) investments enable you to lend directly to eligible borrowers, cutting out the middleman, like banks or traditional NBFCs. P2P NBFCs like Lendbox provide a marketplace where eligible borrowers and willing lenders can transact.

Lendbox is an RBI licensed NBFC-P2P marketplace platform where willing investors interact with pre-verified creditworthy borrowers to lend short to medium term unsecured loans

Yes! However, not without an RBI-issued license. In order to legally operate as a P2P platform, one needs to obtain NBFC-P2P license from RBI. You can read more about Lendbox’s certification here.

Any Indian above 18 years (resident or non-resident) or company with an active PAN Card and Indian bank account can invest with Lendbox.

Lendbox is registered with RBI as an NBFC-P2P, and as per RBI regulations, all the funds deposited by lenders are parked in our escrow account before they are disbursed to borrowers.

Lendbox follows a robust credit assessment policy in order to bring creditworthy borrowers to our investors. We categorize borrowers in different risk categories based on interest rate and risk associated with the loan. We follow a thorough and diversification approach in order to reduce the risk of capital erosion for the lenders. Our lenders can invest as little as 250 per borrower in higher risk category and only go as high as 5,000 per borrower in lower risk category.

Lendbox provides loans at an interest rate of 11% to 30% per annum. We advise our investors to customize their portfolio based on their risk appetite, since we offer a very diverse range of risk categories. On an average, we have consistently generated risk adjusted returns of 11% to 18% (annually) for our lenders depending upon their capital allocation in risk categories.

To bring in trustworthy borrowers with low credit risk, Lendbox operates on a joint-credit assessment model with Lendbox Partners. These partners are companies from Edu-tech, Medtech, Fin-tech or traditional NBFCs. All the borrowers are first screened as per our Partner’s credit policies, and approved cases are then filtered through Lendox’s credit assessment. Only then do we list borrowers on our platform. To further lower risk, LB Partners will provide cover in case of a default by the actual borrower. These partner companies enter into a legally binding service agreement with Lendbox to fulfill a default guarantee on the loans disbursed to their users. In this category, we have been able to generate consistent annual returns of 12-14% for our Lendbox.

Our registration fee is 500 and we charge 1% of funds deposited as investment fee. This investment fee is deducted from the first EMI repayment you receive. We only charge a fee on funds deposited and not on subsequent reinvestments of your repayments. Our charges are the lowest among all other P2P platforms in India.

Although Lendbox follows a strong credit mechanism to approve loan applications, in some cases delays and default may happen. In such cases we attempt to procure repayments through our experienced Collection and Recovery team. We also facilitate legal proceedings against borrowers on behalf of lenders if required.

As of October 2020, Lendbox does not charge any legal proceedings fee from its investors

Lendbox allows it’s investors to either manually screen and select their borrowers from our platform or opt for the Auto investment option. In our auto-invest model, our sophisticated borrower selection algorithm takes into account your risk tolerance and accordingly create a portfolio that gives you the best possible return on investment.

All the loans are repaid as per a pre-decided EMI schedule from borrowers. All the EMIs are received in our investors’ Lendbox wallet, which can be utilized for reinvesting or can be withdrawn into bank accounts.

Lendbox provides this service through our Investment Management Service (IMS) for a minimum investment period of 1 year and minimum amount of 1 Lac. In this service, our team of experienced portfolio managers allocates funds in our ALT investment category and reinvests repayments by managing the maturity of loans. In this service, you can invest for fixed maturity without manual intervention. You can also opt for monthly interest payouts. For more details, please contact your wealth manager or email us at [email protected]

If you have invested in loans through Lendbox and due to some unforeseen circumstances, we are forced to close our doors for business, all loan agreements will still be valid as they have been signed between the respective investors and borrowers.

We are headquartered in New Delhi, NCR.

Yes, Lendbox has taken extensive measures including incorporating 128 bit SSL encryption to ensure that your personal and financial information is safe with us. We will never share your Information with third parties without your explicit consent.

If due to any unfortunate circumstance a user decides to leave us, her/his account can be deleted by writing to our support team at [email protected].in