Lender FAQ
Any Indian resident with a valid Indian Resident Bank Account and PAN card can lend on LiquiLoans. RBI listed finance companies or Companies formed under the Indian Companies Act are also eligible to apply as Lenders.
It is a simple 3 step process:
Lenders can expect net return in the range of 9-12%. LiquiLoans, however, does NOT guarantee any returns. In the past our Lenders have earned an average return upto 12% pa
LiquiLoans has a secondary market feature wherein if any investor wishes to sell their loans in full or in part, LiquiLoans shall provide assistance on a best effort basis. In the past, lenders have been able to sell their portfolio in the secondary marketplace within 2 days on our platform. Any assistance provided by LiquiLoans in this regard should not be construed as a commitment that loans will be sold within a fixed timeframe or at all.
You can fund or recharge your escrow account using any of the following methods:
At LiquiLoans, the initial amount required to be transferred to the Escrow account for lending is INR 1 Lakh
As per RBI guidelines of Oct 4’ 2017, the following limits are applicable to any person lending on P2P platforms:
LiquiLoans charges a small commission, at the end of the tenure, for facilitation the transaction between the Lender and the Borrower. The details are specified in the Annexure of the Lenders Agreement
Our auto-invest feature comprises of a fully-automated tool that matches Lender’s investment criteria with borrower requirements This is done basis certain criteria selected, approved and activated by the lenders for their respective accounts. The time required to deploy the lender's investment will depend on the criteria defined by the lender
All borrower requirements – will be first fulfilled through automated investment and only any balance requirement will be listed for manual investment option. It usually takes more time for an investor to deploy capital in manual investment option as compared to autoinvest
LiquiLoans Auto Invest is our proprietary logic prepared by experts to invest automatically in loans on your behalf. It takes into account multiple variables as defined by the lender before deploying capital in any loan. Additionally the algorithm ensures that the portfolio is well diversified, thereby reducing concentration risk in the Lender's portfolio
Borrower FAQ
Applying for a loan through LiquiLoans is simple and fast. You can complete the entire process online
The documents are required to identity-check, credit-check and risk-assess a borrower before registration. Apart from the Credit Bureau score, we use various other parameters like ability, stability, past performance and intention of the borrowers, which are evaluated basis these documents. The documents provided like salary slips, bank statements etc. help in taking a collective and transparent decision
Once your loan is approved, the amount will reach your registered bank account within 2-3 business days
A borrower can apply for loans upto 10 lakhs INR.
Loan tenures are fixed from anything between 3 months to 36 months.
Yes, the borrower has the freedom to choose his/her own date, on which the EMI will charged for every month.
Interest rates are suggested to every borrower based on a credit appraisal system, that uses the personal and financial details provided by the borrower. Based on which the borrower is assigned an interest rate between 12% to 25% per annum.
No. Liquiloans only provides unsecured loans, without any collateral of any form.
No. Liquiloans only provides unsecured loans, without any collateral of any form.