An online crowd-funding platform known as Peer to Peer Lending has been created under the regulation of the Reserve Bank of India (RBI), in which the borrower and lenders meet each other for the purpose of borrowing and lending loans. Investors who invest through this platform invest for the medium term, while the interest rate that is offered is higher (15 to 18% per annum) than the normal interest rate.
The idea of P2P lending is to offer the savers higher interest rate on their savings by lending their money to the borrowers who get comparatively lower interest rates.
P2P lending is advantageous to both the lenders and the borrowers.
Swaraj Finpro Private Limited experts will guide through the process and will help you with your online application. We will ensure that you get the best deal!
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