General
Can I apply for more than one FMPP?
Yes, you can have multiple FMPPs under one portfolio. As a matter of fact, having multiple FMPPs will eventually help you earn better returns with a compounding effect.
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.
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.
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 ...
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
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 ...
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.