What is P2P Lending? Is it Safe in India?

Frequently Asked Questions

<b>1. What is P2P lending?

P2P lending is a digital platform that connects borrowers directly with investors, allowing both to bypass traditional banks.

<b>2. Is P2P lending safe in India?

Yes, if you choose RBI-registered platforms and diversify your investments.

<b>3. Who can invest in P2P lending?

Any individual over 18 with a verified bank account and KYC can invest in P2P lending.

<b>4. Can borrowers with low credit scores get P2P loans?

Some platforms offer loans to individuals with lower credit scores, though interest rates may be higher.

<b>5. What returns can investors expect?

Investors can earn interest rates ranging from 10% to 18% annually, depending on borrower risk profiles.