Here's how you can invest in peer-to-peer lending
Updated : February 05, 2019 02:26 PM IST
P2P lending mostly offers loans from individual investors, who are willing to offer their money on an agreed interest rate.
Individuals who like to avail loans, where they are not charged with higher interest rates or will face hurdles in availing loans from banks due to poor credit history, go for peer-to-peer lending.
Peer-to-peer platforms are recognised under the NBFC-P2P category and are under the regulation of the Reserve Bank of India (RBI), making it a safer and credible platform for both investors and borrowers.