Lendbox | Investment App

by Lendbox


Finance

free



Lendbox is Indias leading Peer-to-peer lending platform, licensed by RBI as an NBFC-P2P. P2P lending is a high return investment option where you can lend money online to hand-picked and creditworthy borrowers and earn better returns than many traditional investment options. Lendbox is Indias leading peer to peer lending marketplace that connects high quality, salaried, creditworthy borrowers with smart lenders online.Why invest with Lendbox?✦ Average returns of 24.5%✦ Paperless KYC & Verification✦ Trusted by more than 28,000 investors✦ Rigorous borrower screening with physical verification✦ Wealth management services✦ End-to-end recovery and legal support✦ Monthly payment through EMIs✦ No hidden charges or fees✦ 100% Transparent & easy to useLoan details:Loan Amount Range: 5,000 - 15,000Minimum loan tenure: 91 days Maximum loan tenure:720 DaysMaximum Annual Percentage Rate (APR): 26%Example loan calculationLoan amount: ₹ 10,000 at interest rate of 25% APR (annual percentage rate).Loan Duration: 3 MonthsTotal Interest = ₹ 934Processing fees (PF) + GST = ₹ 500 + Rs 180 = ₹ 680Total repayable Amount: ₹ 16614Monthly EMI Repayable: ₹ 10,000The deductibles (interest + PF + GST) are deducted upfront during the loan disbursal. To know more, visit https://www.lendbox.in or call us at +91-7291029298