Lendbox alternative investments: Best low risk investment options in India

Basing only 20 percent of its risk assessment engine on the CIBIL score, the platform assesses a borrower's credit-worthiness based on their social, professional, behavioural analysis.

Using 25-30 parameters, these companies evaluate borrowers and put them in different risk categories. Those with a higher risk get loans at higher interest rates and a person deemed likely to repay the loan diligently gets lower rates.

Lendbox is one of the most successful peer-to-peer lending platforms in India. By creating a conducive environment for borrowers and investors, Lendbox aims to revolutionize the personal loans market in the country

A transparent, convenient and seamless system where creditworthy borrowers would be able to transact on short to medium term personal loans through individual or institutional investors.

Robust underwriting process using Big Data Intelligence on more than 120 data variables

Instead of just checking credit history and KYC norms, they also use big data to track spending patterns of customers.

A transparent, convenient and seamless system where creditworthy borrowers would be able to transact on short to medium term personal loans through individual or institutional investors.

The Indian lending market is vast, and there is an enormous potential for peer-to-peer loans. Also, the need for small loans is paving the way for peer-to-peer loans.

The main objective of this startup started by Ekmeet Singh, Bhuvan Rustagi and Jatin Malwal, removes mediators like banks, depository institutions etc.

Peer-to-peer lenders are pushing back on central bank proposals to regulate the online platforms, arguing the new rules would hamper the development of an industry in its infancy.

In a country where access to formal credit has always been a problem, and loans from friends and family are common, P2P lending seemed like a no-brainer. And it didn't disappoint.