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IndiaMoneyMart - P2P Lending

IndiaMoneyMart - P2P Lending

⭐️5 / 5
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📼4 scs
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📦~ in 2 weeks
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All Versions of IndiaMoneyMart

7.20

June 26, 2024

bug fixes

7.18

June 5, 2024

bug fixes

7.12

May 9, 2024

Bug fixes

7.5

April 22, 2024

bug fixes

7.4

April 22, 2024

fixed bugs

7.3

September 30, 2022

Added security feature while uploading documents.

7.2

September 14, 2022

Changes in Borrower Privacy Policy link.

7.1

September 14, 2022

Separate Terms and Agreements for lender and borrower from existing common Terms and Agreements
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7.0

May 31, 2022

Enjoy our latest update where we have fixed some bugs and improved our app to provide you a seamless experience.
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6.9

January 31, 2022

Enjoy our latest update where we have fixed some bugs and improved our app to provide you a seamless experience.
More

Price History of IndiaMoneyMart

Description of IndiaMoneyMart

Affordable loans to credit-worthy borrowers & handsome returns to lenders IndiaMoneyMart(IMM) is India’s favoured Peer-To Peer (P2P) platform. An RBI Registered NBFC P2P (N-13.02306) offering attractive returns to lender and affordable loans to borrower. It is a marketplace connecting creditworthy small business borrowers with investors directly. IMM’s strong fintech platform along with on-ground PAN India presence and meticulous borrower evaluation helps investors earn high returns. IMM believes in direct sourcing, in-depth credit assessment and in-person meeting with borrowers to build a portfolio of hand-picked prime borrowers for lenders. Investor can split funds into multiple loans to minimize risk along with precise online tracking & collections support. Reinvestment option helps build on power of compounding. Lenders get calling, email and complete relationship support. Earn High returns in debt investment on P2P Platform and Change Lives | Invest Now Why IMM Trusted by 2000+ registered investors RBI–registered, a regulated entity Backed by marquee investors from the industry IMM Salient Features for Lender RBI Registered NBFC-P2P Credit Worthy Small Business Borrowers Loan for Productive Business Use Direct On-Ground Assessment Reinvestment Options Available Immune to Equity Market Volatility Direct Relationship with PAN India Presence Managed by ICICI Trusteeship Services Pvt. Ltd. No withdrawal charges Good referral bonus Automated Manual renewal options 100% digital account opening process Investment amount Rs. 50,000 to Rs. 50,00,000 Documents Required - PAN Card, Aadhar Card Eligibility Criteria: A person should be an adult Indian citizen with a valid KYC and Indian bank account to become an investor on the platform. NRIs with NRO account and Indian PAN are also eligible to be investor on Platform. IMM Salient Features for Borrower Average tenure 24 months, Max 36 months Annual Percentage Rate (APR): 18 - 25% Processing Fee: 2 – 5% of loan amount (+ GST of 18%) Loan Amount: Rs. 50,000 - Rs. 5 Lacs. Registration fees: Rs. 500 + GST of 18% A representative example of the total cost of a loan: For Rs.50,000 borrowed for 12 months, with interest rate @ 20% per annum reducing and Processing fee of 2% a borrower would pay: Processing fee: Rs. 1180 (Incl GST) Registration fee: Rs. 590 (Incl GST) EMI (Monthly Repayment) =Rs. 4632*12 months Total Interest Paid = Rs.5580 Total Amount to be paid =Rs.57,350 Interest Rate may vary based on your risk profile To know more about us check out - https://www.indiamoneymart.com Please reach out to us with your queries and feedback at support@indiamoneymart.com Regards, Team IndiaMoneyMart Risk Disclaimer: P2P investment is subject to market risks. Investment decisions taken by a lender based on this information are at the discretion of the lender
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IndiaMoneyMart: FAQ

Can IndiaMoneyMart support iPad devices?

No, IndiaMoneyMart is not available for iPad users yet.
The IndiaMoneyMart app was made by Fair Vinimay Services Private Limited.
The minimum supported iOS version for the app is 13.0.
With a rating of 5.0 out of 5, IndiaMoneyMart is one of the top-rated apps in its category.
The Main Genre Of The Indiamoneymart App Is Finance.
7.20 is the latest released IndiaMoneyMart version.
The last update for IndiaMoneyMart was on July 3, 2024.
IndiaMoneyMart was first released on February 5, 2023.
This app is appropriate for all ages, with no offensive or inappropriate content.
IndiaMoneyMart is available in English.
No, IndiaMoneyMart is not featured on Apple Arcade.
No, IndiaMoneyMart does not include options for in-app purchases.
No, you cannot use IndiaMoneyMart with Apple Vision Pro.

Screenshots of IndiaMoneyMart

iphone

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