Our P2P partner platforms are licensed NBFCs with experience underwriting loans and giving out credit. They select the borrowers based on multiple criteria such as credit profile (CIBIL / credit bureau score & re-payment track record), social (location, age, current job designation), banking history (to assess the suitability of the borrower), end use of the loan, past performance of similar loans basis their end use, the referrer of the loan, etc.
Your money is lent to creditworthy borrowers across various loan categories, such as merchant loans (distributed to small businesses with steady cash flows), buy now pay later loans, and zero-cost EMI loans (distributed to customers who opt for delayed bill payments and have set up mandates to pay back the loans). These loans are provided across multiple sectors such as education, healthcare, small businesses, and retail shopping to provide a diversified range of borrowers and reduce your risk exposure to less than 0.5% per borrower.