FIXED INCOME PRODUCT – LENDEN
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Fixed Income Product – Lenden
  • LenDen is RBI Registered NBFC. It’s One of the Largest Peer to Peer Landing platform in India.
  • It’s a Lender – Borrower Mediator Platform.
  • Currently LenDen is having 2 Cr Registered Users.
  • Total AUM is Rs.1008 and Loan Disbursed from 2016-17 is Rs.15,642 Crs. (As on November,2024)
  • Money Given by Lender or Money Paid by Borrower kept in Escrow Account.
  • LenDen Escrow Account with ICICI Bank, i.e. ICICI Trusteeship Services Pvt Ltd.
  • Historically Lenders earned 12% to 18% XIRR
  • Lumpsum Lending Option
    • Starting from Rs.25,000 to Rs.5,00,000
  • Lumpsum lending Period from 5 to 7 months. (In short term Lender get quicker interest)
  • Lender Get regular repayments trough EDI (Equated Daily Installments) and EMI (Equated Monthly Installments)
  • Lender can manually select borrowers based on Demographic, Financial and Credit Information.
  • Lendor can choose Flexible Loan Tenures – Short- or Long-Term loan – From One moth to 36 Months.
  • System Driven Lending Option also available
  • You can track your loan portfolio and repayment in Dashboard or through Mobile application (Lendenclub app)
  • Performance Fact Sheets are available on LenDen Website – Latest November,2024
  • Lender Can Choose Borrowers from the system
    • Minimum borrower -Investment up to 2 lacs (Rs.1000 per person i.e. 200 Borrowers
    • From 2 lacs to up to 5 lacs – Maximum borrowing Rs.2000 per borrower. Maximum Borrower. (100 or 250)
  • Payment Receipt (FD) will be given by LenDen by Mail
  • Loan Disbursement given by Lender by Clicking on Link received on mobile or on email from LenDen.

Who Can Invest?

  • India\NRO Above 18 years age
  • Maximum Investment can be Rs.50 lacs as per RBI Norms.
  • Above 10 lcs Network from CA Require.
  • Proof Of Income – Business\Personal ITR or Self Declaration

How to Registered.

If client is EKYC registered only copy of Pan card and Cancelled cheque require…
Otherwise

  • Pan Card
  • Aadhar Card
  • Cancelled Cheque
  • Email Address
  • Mobile Number.

After EKYC Registered Client Can start Investing in LENDENCLUB Or Contact us on 7874 706 706 – Our Representative will help you.

Points to be taken care before investing in LENDEN.

  • LenDen Charges fees from Lenders varying between 0% to 5%. (It may vary - Charged only after receipt of EMIs/repayment)
  • Potential Defaults – As per Latest RBI Guidelines any NPA should be borne by Lender. However, LenDen is taking extra care (Over 600 parameters) while disbursing the Loan.
  • There may be possibility of Delay Payment from Borrower.