IndiaMoneyMart - P2P Lending 4+

Fair Vinimay Services Pvt Ltd

Designed for iPhone

    • 3.1 • 9 Ratings
    • Free

iPhone Screenshots

Description

IndiaMoneyMart (IMM) is a P2P lending and borrowing platform where its registered lenders offer affordable unsecured loan to its registered borrowers/loan applicants. Loans start at 12% per annum and lenders can earn returns exceeding 25% per annum.

IndiaMoneyMart (IMM) is a P2P lending platform at the intersection of finance, technology and social media to make credit accessible and affordable. The uniqueness lies in offering a transparent and autonomous platform to lenders and borrowers to independently arrive at mutually acceptable terms of loan.

From registration to disbursement, the entire process has been automated and digitalized with minimal human intervention. 

How to lend money on IMM
1.Create Lender Account
2.Pay the Registration Fee (Non-Refundable) – INR 1000+GST
3.Upload your documents (eg. PAN Card)
4.Browse borrowers and assess their eligibility before lending
5.Send loan proposals and enter into agreement
6.Receive Equated-Monthly-Installment payments

How to apply for loan on IMM
1.Create Borrower Account
2.Pay the Registration Fee (Non-Refundable) – INR 500+GST
3.Upload relevant documents - PAN Card, Aadhar Card, Bank statements, Credit card statements, Salary Slips (if applicable) 
4.Loan Eligibility Assessment and listing or rejection of loan
5.Accept or Reject Loan Proposals. Receive your loan once you are funded by 70% or more
6.Repay EMIs on time and re-apply next time you need a loan

Charges
We charge an upfront one-time registration fee of INR 1,000+GST from lenders and INR 500+ from borrowers.
Additionally, if the loan application receives successful funding by 70% or above, then the borrower is to pay transaction fee ranging from 2% to 5% of the loan amount to be disbursed. 
We charge a lender management fee of 1% per INR 1Lakh invested by the lenders.
There are no hidden charges except the ones mentioned here. The fee includes document verification, identity verification and loan assessment charges.

What’s New

Version 7.0

Enjoy our latest update where we have fixed some bugs and improved our app to provide you a seamless experience.

Ratings and Reviews

3.1 out of 5
9 Ratings

9 Ratings

R Bhan ,

IMM

Good service from the team & better proposition for investors.

saranjeeth ,

Bad service

I paid 590 rs twice .. once I pay the app goes blank and every time I open this it takes me to payment page ..

App Privacy

The developer, Fair Vinimay Services Pvt Ltd, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Collected

The developer does not collect any data from this app.

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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