About 5paisa Loans Ltd
5paisa Loans Limited is India’s premium peer-to-peer lending company for investors, which connects verified creditworthy borrowers and lenders. It is a subsidiary of 5paisa, India’s fastest growing online discount broking firm.
5paisa P2P Limited operates as a web-based peer to peer lending platform to provide a common platform to the investors who intend to lend and individual borrowers who intend to borrow in India. This fair practices code is approved by the Board of Directors of 5Paisa and is also in conformity with the guidelines prescribed by RBI under the Master Directions on Non-Banking Financial Company - Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (“Code”).
Why are we doing this?
5paisa Loans intends to provide a lender centric platform where we assure more than market returns with minimum risk. Our profound borrower verification and recovery process coupled with the transparency we provide to lenders, ensure reliability.
We are RBI registered NBFC-P2P lending company, backed by IIFL and our aim is to provide lenders an organised, credible and regulated lending platform, where they can diversify their investment portfolio
