Lendbox is India's leading Peer-to-peer lending platform, licensed by RBI as an NBFC-P2P. P2P lending is a high return lending option where you can lend money online to hand-picked and creditworthy borrowers.
Lendbox is India's leading peer to peer lending marketplace that connects high quality, salaried, creditworthy borrowers with smart lenders online.
Why lend with Lendbox?
⦠Average returns of 24.5%
⦠Paperless KYC & Verification
⦠Trusted by more than 28,000 lenders
⦠Rigorous borrower screening with physical verification
⦠Wealth management services
⦠End-to-end recovery and legal support
⦠Monthly repayment through EMIs
⦠No hidden charges or fees
⦠100% Transparent & easy to use
Loan details:
Loan Amount Range: 5,000 - 15,000
Minimum loan tenure: 91 days
Maximum loan tenure:720 Days
Maximum Annual Percentage Rate (APR): 26%
Example loan calculation
Loan amount: ā¹ 10,000 at interest rate of 25% APR (annual percentage rate).
Loan Duration: 3 Months
Total Interest = ā¹ 934
Processing fees (PF) + GST = ā¹ 500 + Rs 180 = ā¹ 680
Total repayable Amount: ā¹ 16614
Monthly EMI Repayable: ā¹ 10,000
The deductibles (interest + PF + GST) are deducted upfront during the loan disbursal.
To know more, visit https://www.lendbox.in or call us at +91-7291029298