I-Lend India

i-LEND is registered with RBI as an NBFC -P2P and is an online lending marketplace connecting people needing money with people who are willing to lend. Lenders and borrowers agree on all terms of the transaction i.e. amount, interest, tenure for repayment of a loan. i-lend gives umpteen opportunities to a lender for making smart lending decisions that promise great returns within a short span of time. Over the period of time P2P lending has become the chosen platform for low cost and short term loans. With easy availability of loans and lower interest rates, short term loans can help borrowers with immediate requirements like debt consolidation, family event, marriage loan, auto loan etc. For a borrower, availing for small personal loans from people, P2P lending can be a good platform, as loan procurement is easy and at lower interest rates. However, it’s the urgency of the situation that corroborates the requirement of a loan.