InvestorQ : Can I borrow money from 5paisa through their new feature P2P lending loans?
Radhika Arya made post

Can I borrow money from 5paisa through their new feature P2P lending loans?

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nishi Shah answered.
10 months ago
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5paisa has recently established a subsidiary by the name 5paisa P2P. It is India’s premium peer-to-peer lending company for the benefit of investors. The app connects verified borrowers and lenders.

5paisa P2P Ltd. operates as a web-based peer to peer platform. The app aims at providing a common platform to the borrowers who intend to borrow in India and to lenders who intend to lend money in India. This fair practice code adopted by the company is in conformity with the guidelines issued by RBI under the Master Directions on Non-Banking Financial Institutions and has been diligently approved by the Board of Directors of 5paisa.

Therefore, you as an investor can apply for a loan with the 5paisa P2P platform and it is also legal and shall be governed by the guidelines of RBI. Secondly, 5paisa is a renowned and fastest-growing online discount broking firm and hence it is safe for both the investors and lenders.
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