India’s leading Peer-to-Peer (P2P) platform, OMLp2p.com has partnered with Leading BSE listed Non-Banking Finance Company to provide capital assistance to the unbanked individuals in the MSME sector. Incorporated in 1985, Our loan sourcing partner is a Non-Banking Finance Company with over 35 years in the financial services industry. Our loan sourcing partner has agreed to act as collection partner for the platform and accordingly these loans are fully guaranteed by them for the outstanding Principle as well as Interest accrued thereon.
Loan Type: Business Loan
Loan Purpose: Working capital
Loan Amount: Rs. 30,000 to Rs. 40,000
Loan Period: Up to 18 months
Annualized Return: Payable to the Lender will be 11%* p.a. for loans up to 18 months tenor.
Borrowers’ occupation: Self Employed
Age Criteria: From 25 years to 58 years
Grade / Rating: All loans originated under this tie up will be rated “CMBL” denoting servicing and guarantee by the originator.
Guarantors: Each loan will be having either a Co-borrower or a Guarantor; Co-borrower / Guarantor will be one of the blood related family member – like Spouse, Parents, Children, etc.
Disbursement: All loans will be disbursed to the borrowers.
#: Please click here to see for detailed T&C.
# - T&C applies
© 2020, omlp2p.com - All Rights Reserved
Registered with RBI