Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

P2P

Oct 24, 2018, 08.55 AM IST
in partnership withp2p

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

Peer to Peer Learn

Pay for surgery via a cheaper P2P loan

Pay for surgery via a cheaper P2P loan

Processing work on peer-to-peer platforms faster, top-ups usually easier than banks.

A case for reduction: Why lowering interest rates on personal loans to 9.99% p.a made economic sense

A case for reduction: Why lowering interest rates on personal loans to 9.99% p.a made economic sense

One debate that is constant in the sphere of economics and money management is around interest rates.

Faircent.com receives the award for the most innovative fintech start-up in the P2P lending sector at The Economic Times BFSI Innovation Tribe Awards and Summit 2018

Faircent.com receives the award for the most innovative fintech start-up in the P2P lending sector at The Economic Times BFSI Innovation Tribe Awards and Summit 2018

Faircent.com, India’s leading NBFC-P2P and largest P2P lending platform, was recently recognised as one of the most innovative fintech start-ups in the country.

Watch: Investment League - Making a Clean Sweep (Advertorial)

Watch: Investment League - Making a Clean Sweep (Advertorial)

Happy with the high returns and monthly income generated Karan increases his investments on the platform while Priya, encouraged by strong processes, edgy technology and ease of investing on Faircent.com opens her own account and starts investing on Faircent.com. P2P Try Kiya Kya? https://bit.ly/2xskHMC

Watch: Investment League - Scoring a Hattrick (Advertorial)

Watch: Investment League - Scoring a Hattrick (Advertorial)

Karan invests on Faircent.com with a target of making 15%-20% p.a returns by year-end. He uses smart tools like Auto-Invest to build a diversified portfolio by investing small amounts across a large number of loans. Happy with the monthly EMIs, Karan reinvests the EMIs to enjoy the benefits of compounding returns. Good returns, monthly income and satisfaction – It’s a Hattrick! P2P Try kiya kya? https://bit.ly/2PP9gFA

Watch: Investment League - Making a Debut (Advertorial)

Watch: Investment League - Making a Debut (Advertorial)

We meet the three friends – Karan, Cyrus and Prashant – who advise each other on investment decisions. Karan and his wife Priya are looking to invest their surplus funds. While Cyrus wants them to consider investing in stock markets, Priya’s friend Sid introduces them to a new investment opportunity – Peer-to-Peer Lending. They research the opportunity and decide to invest on Faircent.com, India’s largest NBFC-P2P lending platform. (Advertorial)

Online lending platforms gear up for festival loan rush with offers, discounts

Online lending platforms gear up for festival loan rush with offers, discounts

​​Online lenders not only allow customers to borrow for short tenures, but also offer the choice of prepaying the loan without paying interest burden for the entire tenure.

How will the SC verdict on Aadhaar impact online lending companies?

How will the SC verdict on Aadhaar impact online lending companies?

The apex court ruled that private entities cannot force anyone to share Aadhaar data for the purpose of KYC authentication.

Should older adults and seniors lend money on P2P platforms?

Should older adults and seniors lend money on P2P platforms?

Many individuals above 50 years are enquiring these days about lending money on peer to peer or P2P platforms to earn higher returns.

Credit Card EMI vs P2P Loan: Which one should you opt for?

Credit Card EMI vs P2P Loan: Which one should you opt for?

Credit cards can be extremely handy when it comes to making an impulsive high-ticket purchase.

Watch: What is Peer to Peer borrowing

Watch: What is Peer to Peer borrowing

Here are the frequently asked questions about Peer to Peer (P2P) borrowing and how it can help you in your business growth.

Faircent cuts personal loan rates to 9.99%, will other P2P lenders follow suit?

Faircent cuts personal loan rates to 9.99%, will other P2P lenders follow suit?

Faircent.com, leading peer-to-peer (P2P) lending company, has reduced the minimum rate of interest for unsecured loans to 9.99 per cent.

Youngistan flocks to digital lending platforms

Youngistan flocks to digital lending platforms

Digital lending platforms are becoming popular among youngsters who are in urgent need of money and prefer a paper-less process for sharing documents.

Research Analysis Q1, 2017

Research Analysis Q1, 2017

Faircent is a virtual marketplace, a platform which enables creditworthy borrowers to lower their cost of loans and individual lenders lend directly to their peers and community thereby earning higher returns.

Social Impact Report

Social Impact Report

This report demonstrates how as a platform Faircent.com is able to service the underserved section of the society along with some case studies of borrowers who have benefitted due to financing through the platform.

Seven benefits of P2P loans

Seven benefits of P2P loans

Thinking of giving your traditional home a modern makeover? Or need money to buy your dream car? A personal loan can be of instant help, though costly in most cases. Is there something convenient as a personal loan but cheaper than a credit card? Well, peer-to-peer (P2P) lending platforms have custom-made offers to suit your various needs. Here are some reasons, why you should consider P2P loans.

A step-by-step guide to make your first P2P investment

A step-by-step guide to make your first P2P investment

P2P is an online marketplace where lenders get access to people who need to borrow.

7 prominent P2P platforms

7 prominent P2P platforms

You can start investing as low as Rs 750 per loan. An individual lender can invest up to 20%, high net worth individuals up to 50%, and institutional lenders up to 100% of the total loan amount requested by a borrower. One must pay a non-refundable, one-time registration fee of Rs 1,000 at the time of signing up. Loan period ranges from 6 to 36 months. Lender can choose the borrower based on to the loan periods that suit them. Interest rates range between 12% and 28%, and would depend on how you spread your investments.

P2P lending: How the Rs 10 lakh cap will affect small businesses?

P2P lending: How the Rs 10 lakh cap will affect small businesses?

The Peer-to-peer (P2P) online platform aims to bridge the gap between people who can lend and those who want to borrow without any security.

Watch: What is Peer to Peer lending

Watch: What is Peer to Peer lending

Here are the frequently asked questions about Peer to Peer (P2P) lending and how it can be an interesting investment option for you.

Got poor or no credit score? Here is how P2P loans can help

Got poor or no credit score? Here is how P2P loans can help

Peer-to-peer (P2P) loans are catching the attention of youngsters across metros.

Five things you should know before lending on P2P platform

Five things you should know before lending on P2P platform

Here’s a list of five things you should know before planning to lend on P2P.

"P2P has great potential, but too early to compare with equities"

"P2P has great potential, but too early to compare with equities"

Rajat Gandhi, Founder & CEO, Faircent, says it is important to understand the risks involved with peer-to-peer lending.

Peer to peer: FAQs

Peer to peer: FAQs

Here are some FAQs to help you understand Peer to Peer lending better.

Millennials tap fintech startups for holidays

Millennials tap fintech startups for holidays

Personal finance for travel now account for between 12% and 20% of the total loan portfolio of these lenders.

P2P lending: Can India replicate the UK experience to achieve Sabka Saath, Sabka Vikas?

P2P lending: Can India replicate the UK experience to achieve Sabka Saath, Sabka Vikas?

​​Several million MSMEs that lack a tangible financial record are thus not eligible for credit from legacy financial institutions who still use traditional credit and financial data to evaluate eligibility.

P2P lending platform Faircent to look for more partners

P2P lending platform Faircent to look for more partners

Faircent recently received the NBFC P2P lending licence from the RBI, making it the first P2P firm to get the certification.

P2P lending platform Faircent becomes the first to receive NBFC-P2P certification from RBI

P2P lending platform Faircent becomes the first to receive NBFC-P2P certification from RBI

The platform currently has more than 40,000 registered lenders and 3.5 lakh registered borrowers, and has facilitated over 6,000 loans cumulatively till date.

P2P lending company Faircent.com launches its open API platform

P2P lending company Faircent.com launches its open API platform

The move is aimed at integrating blockchain and other emerging technologies with existing tools for enhanced delivery of fintech services like digital and P2P lending.

Fintech eco-system is moving to blockchain and AI: Rajat Gandhi, Faircent

Fintech eco-system is moving to blockchain and AI: Rajat Gandhi, Faircent

“A regulatory ring fencing is needed to tell the players the area in which they can play.”

Extending access to credit: Are alternate finance platforms creating tangible impact?

Extending access to credit: Are alternate finance platforms creating tangible impact?

In its 'Consultation Paper on Peer to Peer Lending', the RBI highlighted how these web-based platforms are providing easier access of credit to small entrepreneurs by bringing prospective borrowers and lenders together.

P2P platform Faircent raises Series B from Muthoot Fincorp, Incofin, others

P2P platform Faircent raises Series B from Muthoot Fincorp, Incofin, others

Aditya Bhandari, Co-head Asia, Incofin said, "Faircent provides an efficient and dynamic platform to directly connect lenders with varied profiles of borrowers.

Are P2P platforms safe for lending and borrowing? Find out

Are P2P platforms safe for lending and borrowing? Find out

Unlike in a bank, where the interest rate is largely a function of the cost of funds, in a P2P platform, the borrower's profile decides the interest rate.

What is peer-to-peer lending

What is peer-to-peer lending

Peer-to-peer lending is a form of crowd-funding used to raise loans for people who need to borrow, from people who want to invest.

Over 90% lenders in P2P lending earn gross returns of 18-26% per annum: Faircent report

Over 90% lenders in P2P lending earn gross returns of 18-26% per annum: Faircent report

One of the key trends highlighted in the report is that millennials form the most active lender and borrower demographics.

Leverage ratio and P2P lending: All you need to know

Leverage ratio and P2P lending: All you need to know

The new kid on the block of lending and financing operations is P2P lending, however, in order to ensure that the sector is well protected, RBI is talking about introducing a form of leverage ratio for it.