Peer to Peer (P2P) lending )

Peer to Peer (P2P) lending enables individuals to borrow and lend money without any intermediaries. Usually, a person who is looking to invest (Lender) his/her money lends it to another person (Borrower) who is looking for a loan. This is where Peer to Peer Lending platforms come into the picture.

P2P platform connect such Lenders and borrowers. Through Peer to Peer Lending, lenders can earn a higher interest rate which they may not get from FD (Fixed Deposit) or Mutual Funds investments.

The Reserve Bank of India (RBI) regulates Peer to Peer Lending platforms to protect the interest of lenders and borrowers. P2P Lending is taking-off steadily in India. If you haven’t investing in this new asset class, this is the best time for you to start investment, especially when the RBI started regulating P2P lending activity in India.