LenDenClub - P2P Lending 4+

Peer to Peer Lending

Innofin Solutions Private Limited

Designed for iPad

    • 2.3 • 7 Ratings
    • Free

Screenshots

Description

- About this app
LenDenClub is the largest and most secure Peer-to-Peer Lending Platform in India. It is an RBI-registered NBFC-P2P. It has had a consistent portfolio of 10 to 12% p.a. for the past five years. It connects investors looking for high returns with Credit Bureau-verified borrowers looking for loans. With over 20 lakh+ investors and ₹3000 crore+ disbursed in loans, LenDenClub is India’s leader in P2P investments.

The LenDenClub app helps you invest, track your investments’ growth, view reports, etc, all within a few clicks.

- How does it work?
LenDenClub’s FMPP investment plan lets you invest directly into Credit Bureau-verified borrowers through the LenDenClub platform. Borrowers repay their instalments to investors, enabling the investors to earn returns on their investments. Apart from aggregating the borrowers and lenders, the LenDenClub platform also has a robust debt collection mechanism for recovering delays and defaults to help you meet the returns proposition. LenDenClub also screens Credit Bureau-verified borrowers over 200+ verification points. The transactions are handled through platform-detached escrow accounts for utmost security.

- What is FMPP?
FMPP, i.e. the Fixed-Maturity Peer-to-Peer plan, is a fixed-term Peer-to-Peer investment plan from LenDenClub with a minimum amount of ₹10,000 per investment, designed to deliver stabilised estimated returns of 10 to 12% p.a. with a 99% certainty based on some algorithms, over a fixed term of 1, 2, 3, 4, or 5 years.


- How does LenDenClub’s FMPP work?
FMPP, unlike traditional P2P investment plans, works on the principle of stabilisation of returns, thanks to its term-based investment. Owing to LenDenClub’s robust AL- and ML-enabled platform, FMPP offers unprecedented risk mitigation in the P2P investment sector with its unique mechanism of hyper-diversification.


- Why investment in LenDenClub’s FMPP plan is a good option?

LenDenClub, with its FMPP plan, offers you:

- Hyper-diversification: In FMPP, the invested amount is diversified over a larger pool of borrowers to give you higher returns with Systematic Risk Mitigation.
- Stabilised High returns: You can earn Stabilised Returns of 10 to 12% p.a. with 99% certainty based on our AI- and ML-enabled platform.
- Power of compounding: Longer the tenure, the higher the yield with Stabilised Estimated Returns.
- Flexible tenure options: You get the flexibility to choose a tenure of 12 to 60 months.
- Trusted platform: LenDenClub is India’s no.1 P2P Lending platform with more than 2 million investorsLenDenClub is an RBI-registered NBFC-P2P, a brand you can trust.
- End-to-end debt collection support: Our collection dashboard is one of the best in the markets ensuring marginalised NPA in addition to a dedicated back-end department that seamlessly follows up on defaulters

- Which all documents are required?
You just need your bank account details, and the soft copies of your PAN card and Aadhar card.

What’s New

Version 3.1.0

Bug fixes and Improvements.

Ratings and Reviews

2.3 out of 5
7 Ratings

7 Ratings

124688$?)8086566478) ,

Is this a scam?

Tried to sign up to be a lender. After 10+ tries to get them to send me a verification text I tapped the “call support” button. Got an answering machine with an Indian accent and was charged for an international call.

apurvasaini ,

BEST SIDE INVESTMENT PORTAL

I have had a really good experience on this portal. Much invested right now and it feels very safe and that is important to me or should be for anyone who wants to just do it on the side not keeping track of things daily

samkit993 ,

Pretty horrible app

Investment : Lost 10% instead of gaining 10%
UX: Horrible. Can’t track current status of money portfolio. Pretty mich static app

App Privacy

The developer, Innofin Solutions Private Limited, 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 Linked to You

The following data may be collected and linked to your identity:

  • Contact Info
  • User Content

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Location
  • Diagnostics

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

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