PaisaDukan is Dawning as a Behemoth in the P2P- Lending Space
Peer to peer lending in India is at a nascent stage. If the comparison is made with more developed countries, then we are still coming to terms with this new type of lending and borrowing business. This industry has seen substantial growth in recent times, thanks to higher rate of returns and low borrowing rates offered by P2P companies. The unusual benefits of this industry include, substantial reach, fierce rate of returns, swift processing of credits and great flexibility. Peer to peer loans are on the rise as more and more people are getting to know about it. The variety of loans offered by p2p lending sites in India is extremely vast and people have the option of availing loans for almost everything.
PaisaDukan is the first new entrant to receive NBFC-P2P lending licence from RBI in India, a financial marketplace which is set up to benefit and incentivize lenders and borrowers with higher returns and affordable rate of interest which are more profitable than any other savings vehicles.
The regularization done by the RBI has helped the industry in a big way. With streamline processes now being given importance, P2P industry is set to compete with the traditional financial institutions. This paperless technology driven approach is sure to yield definite results and will solve the purposes of the people.
With tailor made options available for the market, right from education loans to loans for home renovation , healthcare loans , divyang loans , pilgrimage loans and loan to initiate your start-up are just few to name which PaisaDukan offers.
In a brief time, PaisaDukan has moved at a blistering pace in this business and has emerged as a more reliable and trustworthy player in the P2P lending panorama.
PaisaDukan aims at greater financial inclusions, servicing of loans on behalf of borrowers and investors, and providing a plethora of services including, but not limited to-legal and recovery support, and evaluation of credit risk by a proprietary algorithm are a few things which PaisaDukan offers.