NACH Debit is a mechanism to facilitate auto debit of EMI from borrower’s bank account to Monexo administrative account. Watch this video to know how to fill and submit a NACH debit form.
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I got fired - key “financial check up” steps to do now! Recently, lots of news articles are talking about lay offs, down sizing and pink slips in the IT Industry. Lay offs, down sizing are now normal in business and it is...
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. These companies are known for their innovation, best practices, track record and customer accolades. Today's company...
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Monexo is an online Peer to Peer Lending Platform launched in Oct 2016. We, at Monexo, are superbly excited to serve both the borrowers and lenders. Our borrowers are mainly from metro cities like Bangalore, Pune, Chennai, and...
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Although the banks have been the leaders in the Indian financial sector, the number of online P2P platform registrations is increasing at a prodigious rate. We Indians are the best at trailing the footsteps of our ancestors, even...
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Availing loans can be overwhelming, but intelligent borrowing with exact decisions on how much to borrow; checking the ability to repay, and creating rational repayment schedules for an educational loan is definitely an...
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The unorganized money lending sector today, even after the kind of banking penetration we have managed and even when a plethora of lending products are made available to pick from, still does a significant amount of business. It...
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P2P lending forms part of the emerging FinTech revolution enabled by a strong digital foundation leading to disruption of the traditional players like Banks. Globally, Peer-to-Peer lending or P2P lending is a decade old...
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Monexo encourages borrowers to pay their monthly installments on time which is due on 1st of the month. We proactively send them email reminders before the payment due date. However, if they are unable to make payment on the 1st...
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Whether it is a personal loan, credit card dues or any kind of debt, it is costing you money! And thinking about it keeps you up all night. Now is the right time to take action and steer clear of the debt trap. Tip...
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Hassle-free lending for busy people Monexo auto-invest is a feature that helps you to automatically invest in loan listings without manually viewing and funding each loan. All you need to do is choose your lending criteria that...
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Sharing some pointers on what you need to know on borrower repayments: All borrowers are given monthly email reminders prior to their payment due date.They are required to provide auto-debits to their bank account for their...
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Investing in gold has traditionally been seen as a safe haven for the average investor. Come the festive period, and you see families scrambling to the jewelry shops to make some festive investments. But lately, this trend is...
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Diwali is here again! You will soon get busy bursting crackers, lighting diyas and decorating your home with flowers and colourful rangolis. That’s the best way to welcome prosperity isn’t it? Diwali is the ideal time for...
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Here is a snapshot look at the ease of peer to peer lending as brought to you by Monexo. You may have landed on our webpage – www.monexo.co/in, as a prospective lender or borrower. Either way, you have reached the right...
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Are you an investor looking to become a lender on a peer-to-peer platform? This is the right time to venture into this investing space. Peer to peer lending is steadily gaining ground as a popular investing avenue for...
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As a leading peer-to-peer market place in India, we at Monexo find more and more investors getting drawn towards lending as a form of investing. Investors normally look for high returns, flexible terms and safety when...
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Monexo has launched it's first referral campaign in India by partnering with Swipe Phone and Gadgetsguru.com to offer attractive prizes to referrers and cash back offers to referred customers. The campaign coincides with Monexo's...
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India has a lot of informal lending within families, friends, businesses as well as semi-organized in the form of “Chit-Funds”. Peer-to-Peer lending done online to complete strangers is at the same stage as e-commerce was in...
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"Banking is necessary, banks are not" Bill Gates once foretold in 1990. This was the time when shopping required going to a physical store and mails were written down on paper. Today, a store is no longer necessary for...
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