Can a lender take loan and lend at the same time?

Can a lender take loan and lend at the same time?

No, you can either take a loan or lend at any given point of time.

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    • Can I take multiple loans at a time?

      No, you cannot have multiple active loan at a time. However, if you are eligible, you can take a top-up on your existing loan
    • Can I be a borrower and investor at the same time?

      No, you can either take a loan or lend at a time
    • How much money can I lend and for what tenure?

      You can start lending as low as Rs 500 per borrower with loan tenure from 6 months to 36 months. However, the following has to be adhered to as per regulations: Exposure of a single lender to the same borrower, across all P2Ps, shall not exceed Rs ...
    • How to take loan from 5paisa P2P?

      You can take a personal loan in just four simple steps. They are as follows: Register online and create an account Upload required documents Accept loan agreement Loan gets disbursed in your bank account
    • Who are the lenders for my loan?

      You will be funded by multiple lenders; each lender will fund a part of your loan at the interest rate as per your loan eligibility. For example, if your loan amount is Rs50,000, 10 lenders will lend Rs5,000 each to complete your loan requirement. ...