Monexo brings to you Peer to Peer (P2P) lending - a new asset class for investing.
We are the first P2P lending platform in India to provide our investors with Escrow account, auto invest and insurance cover with 'job loss' protection.
Lending at Monexo marketplace is simple.
As a investor, you can earn great returns by funding loans listed at Monexo. The first step towards that is to complete the online application process which will take only a few minutes. Once you are approved as a lender, transfer a minimum of Rs 1 lac to the third party escrow account managed by IDBI Trusteeship Services Limited (ITSL) to start lending on the platform. You can browse loans in the marketplace and decide which loans to fund based on your risk-return criteria and target portfolio. You have the option to either fund loans manually or use the Auto-Invest feature where loans are funded automatically based on the lending criteria you have set. Once a loan is disbursed, you start receiving monthly repayments into your escrow account from the borrowers.
Every financial decision comes with risks. At Monexo, we take various measures to enable you to make good lending choices to maximize your returns.
All legitimate citizens of India, with a valid PAN card and other documents requested by authorities from time to time can be lenders.
Companies incorporated in India(excluding not for profit companies, registered or unregistered trust or partnership firm) Banks or Financial Institutions registered in India.