P2P Lending Platform
IndiaP2P: what to know before you lend
A peer-to-peer lending platform, as described by the platform
IndiaP2P is a P2P lending platform. Read what the platform says about its plan, then check the risks and the terms yourself before you lend.
IndiaP2P at a glance
As stated by the platform on its website. Not guaranteed.
*Platform-stated, "up to" figure, described as net of platform fee. Not guaranteed. The platform does not state withdrawal or early-exit terms on its home page. Please read its terms.
Monthly Income Plus: the platform's plan
As described by the platform on its website.
Monthly repayments
The platform says lenders receive repayments of principal and interest each month.
Spread across loans
The platform says lending is spread across multiple loan fractions.
Tenure up to 24 months
The platform states a loan tenure of up to 24 months.
Things to check yourself
Your checklist
- Verify the platform's RBI NBFC-P2P registration (it shows COR No. N.13-02409) on the RBI website
- Ask how the stated return is calculated and what the asterisk means
- Find out the withdrawal and early-exit rules before you lend
- Start with a small amount and lend only what you can afford to lose
Risks you should know
P2P lending is not a bank deposit. You can lose part or all of the money you lend.
Default risk
A borrower may not repay on time or at all. This can reduce your returns or your principal.
Liquidity risk
You may not be able to take your money out before the loan or plan ends.
No guarantee
Returns are estimates. P2P is not covered like a bank deposit and the platform does not guarantee repayment.
Platform risk
The platform's processes, systems or business can fail or change. Check its regulatory status.
Concentration risk
Putting a large part of your money in P2P, or in few loans, raises your risk.
Tax and charges
Interest earned may be taxable, and platforms may charge fees. Check the terms and speak to a tax adviser.
Three simple steps
Register
Create your account on the platform through the Register button.
Complete KYC
Complete the platform's KYC and read its terms and risk disclosures.
Start small
Begin with an amount you can afford to lock in and could lose.
Frequently Asked Questions
1. What is Monthly Income Plus?
It is the platform's plan, in which lenders receive repayments of principal and interest every month, as described by the platform.
2. How much do I need to start?
The platform states you can begin from ₹10,000. Check the current limits on the platform.
3. What returns does the platform state?
The platform states returns of up to 18% p.a., described as net of platform fee, with an asterisk. This is not guaranteed, and your actual return can be lower.
4. Can I withdraw early?
The platform does not state early-exit terms on its home page. Please ask the platform and read its terms before you lend.
5. What happens if a borrower defaults?
The platform may try to recover the amount, but recovery is not assured. You may receive less than you lent.
6. Is the interest taxable?
Interest from P2P lending is generally taxable as income. Please check the current rules or talk to a tax adviser.
Other platform
Have questions before you lend?
Talk to us. We will explain how P2P works and its risks, so you can decide for yourself.
Important Disclosure: Peer-to-peer lending involves risk, including default by borrowers, limited liquidity and possible loss of part or all of the amount lent. Returns are not guaranteed, and figures shown are stated by IndiaP2P on its website. P2P lending is not a bank deposit. IndiaP2P is a separate company and not part of Advisor4U / Sahare Wealth. Advisor4U / Sahare Wealth acts as a referral partner, does not provide investment advice through this page, and is not responsible for the platform's operations. Please read the platform's terms and verify its regulatory status before you lend.