Who Can Invest on Peer to Peer?

The loanbaba.com P2P portal is a non-traditional lending platform for anyone willing to lend. This portal allows lenders to have a greater control over their money. It is a way of lending wherein the lenders do not have to share the interest incomes with the intermediaries.

A lender at loanbaba.com’s P2P portal needs to be:

An Indian citizen

Over 25 years of age

Have annual income of over Rs. 6 lakhs

Pan card holder

Valid bank accounts in India

Should have invested in fixed deposits, stocks, or other investments using trading or DEMAT account

Interest income less than 30%

Should lend from their surplus income and not borrow for the same

Agrees to adhere to loanbaba.com’s policies and lender code of conduct

Sign Up and Register Now to earn better returns, Borrow at lower rates! Register Now