LenDenClub: P2P Lending App

3.4
3.05K reviews
1L+
Downloads
Content rating
Everyone
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About this app

About LenDenClub :

India ke 1 Cr+ users ne choose kiya LenDenClub, aap kab karoge?

LenDenClub is India’s largest Peer-to-Peer (P2P) Lending platform which provides diverse lending options like Lumpsum & Monthly Income Plan. It is owned by Innofin Solutions Pvt. Ltd. and is an RBI-registered P2P-NBFC successfully operating a safe and trusted financial platform since 2015. FMPP lenders have earned up to 15% p.a. since its launch.

Why LenDenClub?
* Lending amount starting as low as INR 10,000.
* Trusted by 1 Cr+ users.
* INR 13,000 Cr+ amount lent on the platform since inception.
* RBI-registered NBFC-P2P.
* Secure fund handling through ICICI Trusteeship Services.
* Best Lending Plans (Lumpsum, Monthly Income Plan & Manual Lending)

FMPP performance (Annualized Returns) in October 2023:

Max: 10.15%
Average: 10.11%
Min: 10.05%

How does FMPP work?

FMPP invests your money via proprietary AI algorithms into creditworthy borrowers seeking loans. All borrowers on the LenDenClub platform undergo rigorous KYC and credit assessment checks on more than 600 parameters. Also their robust repayment mechanism is supported by a dedicated collections team.

Credit risk is further mitigated by AI-powered hyper diversification of the amount lent (as low as ₹1). These factors combined together sets it apart from the other investment options and makes it the best lending plan for Lumpsum, Monthly Income & Manual Lending in India.

Key features of FMPP:

* Start lending with as low as INR 10,000
* Zero account opening fee
* No withdrawal charges
* Industry-best referral plans (Passive income)
* 100% digital account opening process
* Secure handling of funds via ICICI Trusteeship Services
* Maximum lending amount INR 50,00,000

Lending options to meet you financial goals:

FMPP: Lumpsum - Lend once, earn big.
FMPP: Monthly Income - Earn monthly interest in your bank account.
Manual Lending - Select borrowers as per your preference.

FMPP Lumpsum:
FMPP Lumpsum enables lenders to hyper-diversify their funds to as low as ₹1. It provides flexible lending options starting from 1 year to 6 years.

Minimum & Maximum Lending amount:

* Minimum lending amount- ₹10,000
* Maximum lending amount- ₹50,00,000

FMPP- Monthly Income Plan (MIP):
FMPP- Monthly Income Plan is an innovative product designed to give the investor a Fixed Monthly Income with lending options ranging from 1 year to 5 years.

Minimum & Maximum Lending amount:

* Minimum lending amount- ₹1,00,000
* Maximum lending amount- ₹50,00,000

Manual Lending:

Manual lending is a new way of borrowing & lending whereby a lender can select their own borrowers. A lender can lend on loan tenure starting from 1 month up to 3 years. Principal along with interest would be credited to the lender’s account as soon as the borrower repays.

Minimum & Maximum Lending amount:

* Minimum lending amount- ₹500
* Maximum lending amount- ₹2,000

Documents Required:

- PAN Card
- Aadhaar Card
- Photo

Eligibility Criteria:

- One should be an adult Indian citizen with a valid KYC and Indian bank account to become a lender on the platform.
- An adult NRI with NRO account and Indian PAN is eligible too.

For any queries, kindly contact us at invest@lendenclub.com


Security & Protection of Privacy

LenDenClub app follows global standards of high-level data encryption/decryption protocols to protect user data.

*Risk Disclaimer: P2P investment is subject to risks. And investment decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.
Updated on
14 May 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age The developer provided this information and may update it over time.
This app may share these data types with third parties
App info and performance and Device or other IDs
This app may collect these data types
Location, Messages and 3 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

3.4
3.04K reviews
Vikram Rawat
16 May 2024
If you want to see your Money grow risk free so this is the platform for you. Very good app and the customer support is also very good.
Did you find this helpful?
Innofin Solutions Private Limited
16 May 2024
Hi Vikram, Thanks for your feedback. We are continuously working on adding more features to our app to make your experience better.
Satyam Rai
28 April 2024
Received OTP just even when I did not use or know the app as a matter of fact. Kindly acknowledge and revert on priority as any transaction would not be my responsible.
14 people found this review helpful
Did you find this helpful?
Innofin Solutions Private Limited
29 April 2024
Dear Satyam, We highly regret the inconvenience. However, we could not understand the exact problem. Please shoot us a message at cs@lendenclub.com with relevant details. We'll be more than happy to assist you. Thanks.
Arbaz Bepari
7 April 2024
Hey guys don't install harmful application your data collected and ask you money every time different different numbers and without give any loan and always asked 199 rupees after that install app blackmailing with you... Pls don't use this application this is application report to play store department
38 people found this review helpful
Did you find this helpful?
Innofin Solutions Private Limited
17 April 2024
We regret the inconvenience you had to face. For better assistance please share your information with cs@lendenclub.com. We will be happy to assist you.

What's new

Features -
Minor bug fixes and improvements in investor journey