What is PeerLend all about?

What is Peer-to-Peer Lending?

Peer-to-Peer Lending is about individuals transacting between themselves for small ticket size personal loans, without the need to go through a financial intermediary such as a bank or any other financial institution. It is an exciting new way and a very efficient model that matches people who want to lend with people who want to borrow, giving everyone a better deal.

The P2P business model is starkly different from that of traditional banks. P2P platforms don’t lend their own funds — they act as a platform to match borrowers who are seeking a loan with “lenders” who are willing to lend to them through the P2P platforms.

P2P platforms generate revenue from origination fees charged to borrowers and from a portion of the interest charged to investors as servicing fees, as well as additional charges such as late fees. Investors generate revenue from the remaining portion of the interest that borrowers pay on the loan. Borrowers benefit from a streamlined application process, quick funding decisions, and online access to the status of their loan.

PeerLend is an online financial marketplace that matches lenders and borrowers in a safe and secure environment. PeerLend ensures better rates and returns through employment of very advanced methods to simplify the process of lending and borrowing for their members.

Borrowers are taken through a detailed onboarding process that involves assessing their credit worthiness, determining a credit score and assisting the lender with making an informed decision on lending to that borrower profile. Lenders go through a simple verification process before they can start lending on the platform. The entire process is online, using technology to lower the cost of credit and pass the savings back to members in the form of lower rates for borrowers and solid returns for lenders.

What does PeerLend get you?

  • Term loans between Rs.20,000 and Rs.5,00,000
  • Cheaper loans with rates starting at 14%
  • Safe and secured platform to ensure utmost privacy to both lenders and borrowers
  • Entertain only creditworthy borrowers and genuine lenders
  • Loans authenticated, accepted and disbursed within shortest turnaround times
  • Personalized loan monitoring tools through user-friendly apps and dashboards


Check out PeerLend website for more details on how to Lend online for better returns, and how to Borrow online at better rates.. please Transact Happiness!

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