LenDenClub: The No. 1 Peer to Peer Lending Platform in India

LenDenClub: The No. 1 Peer to Peer Lending Platform in India – Are you looking for a smart and convenient way to invest your money and earn attractive returns? Or are you looking for a hassle-free and quick way to borrow money and fulfill your financial needs? If yes, then you might want to check out LenDenClub, a Mumbai-based FinTech company that provides peer to peer lending and borrowing services in India.

LenDenClub

Details of the startup:

  • CITY : Mumbai
  • STATE : Maharashtra
  • STARTED IN : 2015
  • FOUNDERS : Bhavin Patel and Dipesh Karki
  • NUMBER OF INVESTORS : 18
  • LATEST ROUND INVESTMENT : ₹758.40M
  • TOTAL INVESTMENT : ₹895.90M
  •   TOTAL SECURED LOANS AVAILED : Nil

You can find their website here

LenDenClub is an RBI registered NBFC-P2P platform that connects verified borrowers and lenders on its online platform. It enables lenders to earn up to 15% p.a.* by lending their money to creditworthy borrowers, and borrowers to get personal loans at competitive interest rates and flexible repayment terms.

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How does LenDenClub work?

LenDenClub works by offering a simple and secure online platform that facilitates peer to peer lending and borrowing transactions. It also provides solutions for salaried individuals, self-employed individuals, small businesses and institutions.

Here is how it works:

  • When you sign up for LenDenClub, you can choose to become a lender or a borrower, depending on your requirement and eligibility.
  • If you want to become a lender, you can start with a minimum investment of ₹ 10,000 and choose from various lending options, such as lumpsum, monthly income or manual lending. You can also diversify your portfolio by lending to multiple borrowers across different risk categories and loan tenures.
  • If you want to become a borrower, you can apply for a personal loan ranging from ₹ 25,000 to ₹ 5,00,000, with interest rates starting from 6.5% p.a. and repayment tenure from 3 to 36 months. You can also avail various loan products, such as InstaMoney, Shopkeeper Loan, Rental Deposit Loan, etc.
  • LenDenClub will then verify and validate your profile and documents, and assign you a credit score and risk category, based on your income, credit history, social behavior and other factors.
  • LenDenClub will also match you with suitable lenders or borrowers, based on your preferences and requirements. You can also browse through the available loan listings and select the ones that interest you.
  • LenDenClub will then facilitate the loan agreement and disbursal process, and ensure that the funds are transferred securely and timely between the lender and the borrower.
  • LenDenClub will also provide you with a dashboard where you can track your loan status, repayments, returns, transactions, etc. You can also access the customer support and grievance redressal system, in case of any queries or issues.
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What are the benefits of LenDenClub?

LenDenClub offers a number of benefits to its users, such as:

  • Convenience and transparency: You can access the platform anytime, anywhere and on any device, without having to visit any physical branch or office. You can also get complete information and details about the loan terms, interest rates, fees, charges, etc., before making any decision.
  • Quality and affordability: You can access the best-in-class service and guidance from the experienced and professional team of LenDenClub, at a fraction of the cost of traditional financial institutions. You can also save on the intermediaries and overheads, and get the best value for your money.
  • Personalization and flexibility: You can enjoy a personalized and customized lending and borrowing experience that caters to your individual needs and goals. You can also adjust the loan amount, tenure, interest rate, repayment mode, etc., according to your convenience.
  • Security and reliability: You can rest assured that your money and data are safe and secure with LenDenClub, as it follows the highest standards of compliance and regulation. It also uses advanced technology and encryption to protect your transactions and information.
  • Opportunity and growth: You can access various opportunities and benefits offered by LenDenClub, such as referral programs, loyalty programs, rewards, discounts, etc. You can also grow your wealth and improve your credit score with LenDenClub..
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How to Contact  LenDenClub?

If you have any queries, feedback, or complaints regarding LenDenClub , you can contact them through the following ways:

  • Call them on their toll-free number: 022 48913091
  • Email them at: cs@lendenclub.com
  •  Follow them on their : LinkedInInstagram
  • Visit their office at: Dlh Park, Unit No.1006, 10th Floor, Swami Vivekananda Rd, Goregaon West, Mumbai, India, Maharashtra

How to get started with LenDenClub?

Getting started with LenDenClub is easy and simple. All you need to do is:

  • Visit the LenDenClub website or download the LenDenClub app from the app store or play store and register with your mobile number and email id.
  • Choose to become a lender or a borrower and complete your profile and KYC verification process.
  • Start lending or borrowing with LenDenClub and enjoy the benefits.

LenDenClub is more than just a peer to peer lending platform. It is a partner, a friend and a guide that will help you achieve your financial goals and aspirations. It is a community of like-minded and trustworthy people who share their money and resources for mutual benefit.

If you are looking for a better way to invest or borrow money, then LenDenClub is the answer. Try it today and experience the difference. 😊

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