Low Risk Similar borrowers. Please Select Less than 20 Greater than How many months of expenses can your emergency funds cover? Become a member.
How Lending Works at Monexo
We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our review process. Peer-to-peer lending is a multi-billion dollar industry — but is it the right place for peed to be borrowing from or investing your money? Before deciding to borrow from a peer-to-peer lender, consider your financial goals. How much money do you need?
Team India Blogs
Monexo brings to you Peer to Peer P2P lending — a new asset class for investing. We are the first P2P lending platform in India to provide our investors with Escrow account, auto invest and insurance cover with ‘job loss’ protection. As a investor, you can earn great returns by funding loans listed at Monexo. The first step towards that is to complete the online application process which will take only a few minutes. You can browse loans in the marketplace and decide which loans to fund based on your risk-return criteria and target portfolio. You have the option to either fund loans manually or use the Auto-Invest feature where loans are funded automatically based on the lending criteria you have set.
Monexo brings to you Peer to Peer P2P lending — a new asset class for investing. We are the first P2P lending platform in India to provide our investors with Escrow lwnding, auto invest and insurance cover with ‘job loss’ protection. As a investor, you can earn great returns by funding loans listed at Monexo. The first step towards that is to complete the online application process which will take only a few minutes.
You can browse loans in the marketplace and decide which loans to fund based on your risk-return criteria and target portfolio. You have the option to either fund loans manually or use the Auto-Invest feature where loans are funded automatically based on the lending criteria you have set. Once a loan is disbursed, you start receiving monthly repayments into your escrow account from the borrowers.
Every financial decision comes with risks. At Monexo, we take various measures to enable you to make good lending choices to maximize your returns. All our borrowers are from India. We collect essential documents to verify their background and assess their credit quality to determine an interest rate appropriate to their probability of repayment.
We are the first and only P2P company in India to partner and hold your funds in escrow account. Monexo passes your instructions to them to execute your lending transactions and does not have access to your funds or make any transactions on your behalf. Invest in peer to peer lending india fee model is ‘success based’ — We earn only when YOU earn. We realise earnings only when ni collect regular, monthly repayments for you. In case of late payment from borrowers, we will proactively initiate collection process on your behalf.
Our pewr collection partner kndia be deployed at the appropriate stage to collect the overdue amount for a fee. All legitimate citizens of India, with a valid PAN card and other documents requested by authorities from time to time can be lenders.
Companies incorporated in India excluding not for profit companies, registered or unregistered trust or partnership firm Banks or Financial Institutions registered in India. Your session will be expiring in 2 minutes. Please wait while processing your request Who can be a Lender? Want to Know More?
When you need to borrow or invest, check out these options
In invvest to avail the service, borrowers are required to pay a fixed origination fee, while lenders often have to pay an administration fee, depending on the terms of the P2P lending platform. High T Similar borrowers. What loan tenures would you like to choose for your investment in P2P Lending? Sachetisation of loans The new and the old way of banking Why fintech panel believes P2P platforms can ease credit supply Read More. Its really an excellent site peee people can get avail of loans with a easy and transparent process. Navigation Home. Thanks for visiting us. Regular updates and issues concerned asap. An investor can change the monthly amount, duration of investment and return on investment. Aircraft principal axes. This will alert our moderators to take action. Please Select I have equity and mutual funds only I have commodity and property investments I have most of my money in savings accounts and fixed deposits All investment options. Unrated Risk Similar borrowers.
Comments
Post a Comment