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 funds.
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 ...
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 ...
What is the minimum and maximum investment amount that can be invested in FMPP?
The minimum investment amount for each FMPP is INR 10,000. One individual can have multiple FMPPs for the maximum amount of INR 50 Lakhs. For investing over INR 10 Lakhs, submitting a net worth certificate is mandatory.
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.
Is my investment safe?
FMPP is an Alternative Investment product by LenDenClub (brand owned and operated by Innofin Solutions). It is an RBI-regulated entity and strictly abides by all regulations and master directions issued by RBI. All borrowers on the LenDenClub ...