What do you mean by lock-in?

Lock-in is a period when an investment cannot be withdrawn without penalties, providing stability but limiting liquidity.

What makes this product safe?

High-quality Retail Borrowers

  • 600+ data points analyzed per borrower
  • 94% Borrowers on time payment
  • 2.95% NPA at the platform level

Applicable taxes:

Only the interest payout is expected to be taxed at the
applicable tax rate of the investor; no tax should be payable on the
principal repayment.

TDS Refund & TDS Deduction:

LenDenClub does not deduct any TDS and all
Gains are taxable in the hands of the investor, i.e., requisite tax needs to be
paid as per IT rules.

Risk Mitigants

  • RBI ensured that the P2P lending platform could not have access to lenders as well as borrowers money by bringing the Escrow Account mechanism.
  • In the case of LenDenClub, the Escrow account is operated by a RBI regulated Trustee company, which is ICICI Bank Trustee
  • To mitigate the risk on the borrowers side, each platform defines its own Credit Policy, products, and various tools.
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Infinity Wealth Management, as a non-SEBI registered entity, explicitly disclaims any role in advising, endorsing, or dissuading individuals from investing in securities. The platform assumes responsibility for the outcomes of decisions made based on its information. It emphatically states that the provided content is not to be construed as investment advice, urging users to consult their financial advisors, Operating as an aggregator for Alternate Investment products, Infinity Wealth Management and its staff disclaim liability for errors, omissions, or damages arising from neglecting professional financial advice. The document is intended for educational purposes, emphasizing the importance of seeing guidance from knowledgeable professionals in individual financial situations.