Average ROI earned with Lendbox
Lendbox is an RBI (Reserve Bank Of India) registered NBFC-P2P Lending Company and operates adhere to RBI released guidelines for peer to peer lending 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.
With P2P lending, you can lend capital to borrowers and earn fixed returns on a mutually negotiated interest rate - as high as 36% and for a duration ranging from just 6 months to 36 months and create a seamless passive income with regular monthly repayments.
All borrowers at Lendbox go through a thorough financial, personal, professional and social background check which is performed through the use of sophisticated technology and machine learning algorithms.
Lendbox's investors have access to a wide range of borrowers with varied risk profiles giving the investor an option to create a diverse portfolio. With a strong credit assessment and collections mechanism in place, Lendbox makes p2p lending safer than many other investment options.
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 fills this gap by offering a new fixed income asset class which is safe and secure and offers ROIs of as high as 36% with flexible investment duration.
The emergence of P2P lending has enabled many individuals to lend money directly to prospective borrowers in a hassle-free manner without the involvement of the banks and FIs.
Over 17,000 investors are earning an average 25% per annum on their lent money on 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, Lendbox reviews over 1000 data points to ensure that our system accurately profiles a borrowers and our investors are provided with an accurate credit assessment to assist in their decision making process.Additional penalty charges can also levied on borrowers in case of delayed EMI's.
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.