How are the returns from Vested Edge taxed?
Interest income earned is taxable per your income’s tax slab and is classified under ‘Other income’. Tax will not be deducted at source, i.e., Vested will not deduct any tax when you withdraw your money or receive interest.
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What is Vested Edge?
Vested Edge is an investment product that helps you earn up to 11.5% pa by investing in P2P lending. Vested Edge partners with P2P lending platforms with a track record of quality risk management and borrower sourcing mechanisms, and who have ...
Is Vested Edge regulated?
Vested Edge is facilitated via Vested’s NBFC-P2P partners, Faircent and Lendbox. P2P lending in India is regulated by the Reserve Bank of India (RBI). NBFC P2Ps are non-banking financial companies licensed by the RBI to operate P2P lending platforms. ...
How does Vested Edge work?
Vested Edge has partnered with RBI-licensed P2P lending NBFCs Faircent and Lendbox. On opening an account and investing with Vested Edge, you maintain an investment account with all our P2P lending partners, gaining access to the borrower pool ...
What are the different investment options with Vested Edge?
There are multiple investment options with Vested Edge for the Fixed-term Plan: Fixed-term plans allow you to earn a higher interest rate by locking in your funds for a minimum period of 3 months and a maximum period of 12 months. The interest rate ...
Who can invest via Vested Edge?
Any investor with a valid PAN ID and Aadhaar can invest in P2P lending via Vested Edge.