Lendbox is India's leading Peer-to-peer lending platform, licensed by RBI as an NBFC-P2P. P2P lending is a high return investment option where you can lend money online to hand-picked and creditworthy borrowers and earn better returns than many traditional investment options.
Lendbox is India's leading peer to peer lending marketplace that connects high quality, salaried, creditworthy borrowers with smart lenders online.
Why invest with Lendbox?
✦ Average returns of 24.5%
✦ Paperless KYC & Verification
✦ Trusted by more than 28,000 investors
✦ Rigorous borrower screening with physical verification
✦ Wealth management services
✦ End-to-end recovery and legal support
✦ Monthly payment through EMIs
✦ No hidden charges or fees
✦ 100% Transparent & easy to use
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: ₹ 10,000 at interest rate of 25% APR (annual percentage rate).
Loan Duration: 3 Months
Total Interest = ₹ 934
Processing fees (PF) + GST = ₹ 500 + Rs 180 = ₹ 680
Total repayable Amount: ₹ 16614
Monthly EMI Repayable: ₹ 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