What is the risk probability in P2P lending and how to mitigate risk?
Peer to Peer lending does not guarantee risk-free returns. However, we try to minimize risks by undertaking stringent verification and credit underwriting process. In case of any default, we do regular follow-up and soft recovery with the borrower. You can spread your investment across different risk categories of borrowers in order to mitigate risk and create a diversified portfolio.
What are the returns and fee/charges for P2P lending?
You can lend to borrowers starting from 12% upto 36% as per your risk appetite and borrowers’ creditworthiness. Your returns will be equal to the interest rate of the borrower. The only fee applicable is the processing fee charged at 1.5% of the ...
How to lend on 5paisa P2P?
You can start lending in just four simple steps. They are as follows: Upload required documents Add money in the escrow account Register online and create your lender account Select borrowers from the list as per your risk appetite and start lending
What happens if any borrower fails to repay the EMI?
Peer to Peer Lending is unsecured lending and even after a stringent process, we do not guarantee risk-free returns or no defaults. However, we have a soft recovery and collection process in place to ensure minimal default. In case if the lender ...
Why to lend on 5paisa P2P?
5paisa P2P is RBI certified NBFC-P2P. 5paisa is one of the best P2P lending sites for investors and offers a completely online and paperless process for lending money to creditworthy borrowers. At 5paisa, you will get List of verified borrowers ...
Who are the borrowers?
You will be lending to individuals (salaried and self-employed). All individuals seeking loan will be termed as borrowers on the platform. All borrowers are listed only after a stringent credit underwriting process. Following parameters are taken ...