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 ...
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 ...
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 ...
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 ...
What is 5paisa Loans?
5paisa Loans is India's preferred lending platform that ensures premier service, transparent processes and healthy ROI for its lenders. It’s a platform that connects lenders, looking for higher returns and portfolio diversification, with verified ...