What amount of personal loan can I take and what will be the tenure?

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• What are the fees and charges applicable for personal loan?

  The only fee applicable is a processing fee in the range of 2.5% to 4.5% on the approved loan amount on 5paisa P2P platform

• 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.

• What is the interest rate for personal loan?

  The interest rate is decided as per your loan eligibility and credit evaluation. The interest rate starts from 12% and can go all the way up to 36%

• 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 ...

• 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