Now getting loans has become easier; at the same time, there is the opportunity for the investors to enjoy greater interest rate. [b]LenDenClub[/b], an exclusive and automated [b]peer to peer platform[/b], assures the best interest rate for the lender as well. Involving extensive digital and personal verification steps, and only the most certified borrowers, LenDenClub becomes one absolutely trustworthy platform.

Being a lender, one can go through the profiles of the borrowers here before lending the money. Globally, millions have already taken the most of it. As per Bhavin Patel (CEO) of the company “The P2P lending in India enjoys [b]2611 registered borrowers[/b] and [b]1460 registered lenders[/b]. The best part, ‘LenDenClub enjoys 100% loan funding ratio’ None of our borrower goes out without getting loan.”

[b]How it’s more beneficial than traditional ways?[/b]

The platforms like LenDenClub can be advantageous for the 30 million Indians those are denied bank credits, for very minor reasons, despite being absolutely well settled. Such platforms widen the scope for lenders as here only they have to decide on their interest rate, unlike banks where the investors have to be satisfied with whatever they are offered.

Neither LenDenClub nor any other bank comes in the way of the investor’s decision about the interest rate. In concurrence, the borrowers also don’t have to agree with whatever amount the bank pays or whatever conditions and the interest rate it assigns. He further added that “at 12.5%-30% interest rate (accord to the credit profile), LenDenClub offers certainly the most competitive rate than others”.

At the same time, there remains the 3-18 months’ flexibility, considering the refund capacity of the borrower. Above all, things are processed here much faster than any bank. It takes only 18 hours, or lesser for a loan request to be approved. Interestingly, [b]LenDenClub holds a noteworthy record of 100% loan funding ratio[/b].

[b]How reliable is LenDenClub?[/b]

As a financial lending and borrowing platform, LenDenClub looks absolutely reliable. Be it about delivering a greater value of investment or quicker loan processing, it has been absolutely customer friendly.

At the same time, incurring rigorous verification process, both digitally and directly by a person, LenDenClub assures the borrowers here are absolutely reliable. In addition, there remains the facility of Lender Protection Fund (LPF) to ensure greater safety for the investor’s money.

Moreover, as P2P (Peer to Peer) becomes the latest domain of investment to be acknowledged by RBI, there remains no ambiguity about the authorization of the way LenDenClub operates its business. Anyone can be the part of LenDenClub as a lender or borrower, anytime. It is here to mention that the LenDenClub never charges any amount for the registration process.

[b]About the company:[/b]

[b]LenDenClub[/b] is one of the [b]biggest peer to peer online lending platforms for people in India[/b]. It connects the borrowers in urgency for money with the lenders, for loans at the most competitive price. The platform has been found by [b]Bhavin Patel (CEO)[/b] and [b]Dipesh Karki (CTO)[/b]. Bhavin is an experienced financial services professional, especially in lending business, and Dipesh is an expert in B2B and B2C software development.