About I-lend

About company

An online marketplace that brings together creditworthy borrowers and individual lenders for a personal loan transaction without the intervention of traditional financial institutions like banks. Borrowers can apply for small loans between Rs.25k - Rs.1L for 6 Months or 12 month period. The interest rates vary between 18% - 24%, much lower than financial institutions. Lenders can higher returns compared to Savings Account & FDs.