Lenden Club

LenDenClub is the fastest-growing peer-to-peer platform in India. Listing only pre-verified loans, LenDenClub offers investors a convenient medium to browse thousands of loans to earn better than fixed deposits, mutual funds etc. With a 100% funding record for its borrowers, LenDenClub currently enjoys a user base of over 2 lakh+ registered investors and over 9 lakh+ borrowers. The platform disburses on an average 1lakh+ loans annually. InstaMoney, an application offered by LenDenClub, is the go-to platform for borrowers to avail instant personal loans. Operational throughout India, the platform offers you quick loans at an interest rate ranging between 2% to 2.99% per month for a tenure of 3-5 months. The loan amount offered under the category ranges between Rs. 5,000 and Rs. 12,500 and is applicable for people without any default/write-off in the past. Since InstaMoney does not require any credit history, it is a more accessible route for an instant personal loan than banks.