Peer to Peer lending in Vijayawada is an alternate rewarding option for investment on verified creditworthy borrowers. If you want to invest in P2P Loans, all you need to do is to register on the platform and become the P2P lender. Especially if you have access to ideal funds in your bank account, then you can start investing in p2p to earn returns as high as 36%.
Peer to Peer lending in Vijayawada is the best investments options to earn good returns. You either lend to or borrow from friends/relatives and return to them in a certain time. Mostly these are interest-free transactions and based on mutual trust and certainty. But in peer to peer lending through OMLP2P you can get complete security on your investment as per the RBI guidelines, where you can get fixed monthly additional income with specific time period agreed between borrower and lender both.
For instance, there is a borrower who is looking out for a loan of INR 1,00,000. He / she is ready to give 18% interest rate for that amount. So why not invest some amount and earn good rate of return by lending money to that borrower.
Your funds are safe and secure since all the transactions are facilitated through escrow account which is maintained and managed by the Trustee being empanelled with SEBI as per the guidelines of Reserve Bank of India.
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