How do I withdraw funds post maturity of FMPP?

How do I withdraw funds post maturity of FMPP?

The amount will be credited to your investor account balance after the closure of your FMPP Investment, provided you have turned off auto-renewal for the individual FMPP.

 You can then place a withdrawal request by login to your account and the amount will be credited to your registered bank account within 24 to 48 working hours.

    • Related Articles

    • How can I invest in FMPP?

      You can start your investment journey in 3 simple steps: · Visit the LenDenClub website or download LenDenClub App from Playstore or App store, and register as a lender with us by providing basic KYC details. · Post registration, proceed to the FMPP ...
    • How do I withdraw my FMPP?

      While choosing an FMPP plan, you select a term of 12, 24, 36, 48, or 60 months, and the closure date is set accordingly. Upon closure, the amount is credited to your LenDenClub account balance. You can then transfer it to your bank account. Kindly ...
    • What kind of reports are available post FMPP investment?

      Reports like ‘Annual Statements’ and ‘Account Statements’ are available on the app and web dashboard. The annual statements help you understand your income on the platform, and the account statements help you understand your inflows and outflows of ...
    • What is the previous track record of returns in FMPP?

      All FMPP investors have earned above 10% annualized returns. P2P investment is subject to repayments from individual borrowers. However, FMPP minimizes credit risk through hyper-diversification of invested funds.
    • How do I set my FMPP on auto-renewal?

      You can access the auto-renewal option under each FMPP. Kindly toggle between On/Off as required. It is recommended to reinvest your funds in order to realize better returns in the long run.