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.
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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.
What is FMPP?
FMPP stands for Fractional Matchmaking Peer to Peer Plan. It is an Alternative Investment instrument curated exclusively for Indian investors seeking portfolio diversification through Peer-to-Peer Lending.
Who can invest in FMPP?
All Indian citizens (Age: 18 years or above) with valid PAN, Aadhar, and Bank accounts can invest in FMPP. NRIs (Age: 18 years or above) with an NRO bank account and KYC as per RBI guidelines can also invest
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 ...
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 ...