Lendbox | P2P Lending User Reviews

Lendbox | P2P Lending
Lendbox | P2P Lending
Transactree Services Private Limited

Top reviews

Great app for investment

It’s a great app to invest your money and to generate interest from it. The support staff is really prompt. I personally recommend this app for investments, I have been using it since last one year. cheers to the team of per annum:)

FRAUD

F Frauds! If you are not accepting new loan application, then why the h are you even letting borrower sign up and submit their documents or loan applications!!!!!!!!! to use their data ? !! I will escalate this to RBI immediately!!

This is a fraud app, they will use your documents and sell it.

Fraud - You’ll never get your money back

The company has created a dummy database of borrowers/people whom they show you in their app. When you ask them the ID documents of those borrowers, they will never respond back. Good luck investing into anonymous borrowers, who never exist at first place.

Waste of time

People take loan for emergencies... but may be people behind this app don’t know or understand that. It’s been three that I have uploaded all the documents but still my profile shows Activation Pending. Not sure what they are activating.. a simple loan account or nuclear weapon!! Complete waste of time!!!
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Great service and returns

Go for it if you need better than FD returns and in various packages. Vidhyanand Nayak is a people’s person; approachable and eager to help. I recommend the Per Ann product.

Great platform and satisfactory service

I came across Lendbox through a friend and I can never thank him enough for introducing me to it. I was skeptical initially but as I have continued investing my comfort and my belief in Lendbox has grown. Not only to does it provide great options for investment, their service in terms of a relationship manager has been great for me. I have Vidyanand who helps me out with my investments. Not only is he very resourceful but he gives the right advice in terms of where my money will give me maximum returns. I’m really really happy and satisfied with this service and I wish and I hope to continue investing in the long-term.
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Nice patform and very nice customer service

As a platform an alternate investment medium with minimised risks much better return than investing in FDs and Liquid money schemes.

Also would like to point out my relationship manager Mr. Vidyanand Nayak, truely humble and gem of a person. Have helped me out even out of office hours whenever i have had any query or concern. He explained every bit of information at depth each and everytime and have been one of the prime reasons i still like to invest in lendbox platform.

Happy Investing!
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Good app

Hi team,

The application process was fine and also the customer support was wonderful for me RISHI has helped me to process the necessary need thanks man for the help.

One of the Genuine lenders

When I am in need of small amount of money, Rishi helped me to get the loan in just 4 hours. Even the loan starts with smaller amount and less duration, they are not charging any extra amount as fees but little amount will be deducted as processing fees from the loan. Really helpful when in need of urgent money.
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Multiple EMIs outstanding

To be honest I was skeptical when I joined any peer to peer lending. But at-last I joined Lendbox and expected it to be different. But it’s the same I have been awaiting for my outstanding EMIs(given to certified ALT section) from more than a year now and customer support is very bad they don’t have any idea how to solve or get the money back. Don’t believe these type of p2p lending they tell they will cover if borrower defaults but it doesn’t happen. And till now there is no single intimation or update from Lendbox whatsoever. You get your money back only if borrower is a good guy. Lendbox will not do anything for you if borrower doesn’t repay.
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Best app

I must appreciate this app such a wonderful app and such a wonderful team to guide you about investment I found this opportunity to invest is the best thanks a lot rishi to help me and guide me

About app

One of the better and technologically superior P2P landing platform. I have done some research and I invest with them as they have one of the lowest defaults in this industry. Better risk management with high scrutiny of borrowers.
Overall I am very happy with the returns and repayments. I recommend Lendbox.
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Genuine review

P2P lending is not new for me. I invested around 2 lakhs this year in different borrower loans. Quite satisfied the way my portfolio is performing. Overall, I’m getting good monthly returns in the form EMIs. I would recommend Lendbox P2P lending platform for all those investors who are looking to generate a passive source of income. Thanx Lendbox:) :)
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Good option for retail debt investments

They have brought some good options to the table for retail debt investments. Stable returns of 11-12% achieved over a year. I also referred a few friends who have made similar money

NO CUSTOMER SUPPORT

I’m an investor registered with Lendbox
Now I cannot withdraw or invest my amt, I can just see the balance in my wallet, if I send proposals there’s nothing coming up! Need help right now! Or get ready to face legal complications as Im unable to withdraw my funds from their wallet! Dont download!

BIG FRAUD! STAY AWAY!!!

I applied for a loan on this platform on 24 May 2020 and paid the INR 500 for application processing. The next day was Eid Holiday and I was contacted by the team to provide more documents on 26 May. On 27 May, they inform me that they cannot extend any loan facility, but I was amazed to see that they have not even verified my profile as per the app (85% verified). If they do not even verify a borrower’s profile, on what basis did they say that they cannot provide loan facility? This clearly shows that the team does not do their job right and is just trying to extract money from their customers on the context of “Priority Processing” which means they are not doing anything for their investors as well!! Please stay away from this platform even if you want to invest your money, let alone be borrowing!!
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Great lending platform

Very easy and reliable.
Definitely recommended to everyone.

Very smooth process!

I took a loan from Lendbox. It was easily approved. Very smooth process. Amazing experience !
I highly recommend it!

Highly recommended

Got my loan approved very easily

Recommendation for Lendbox

I had a great experience at Lendbox. Extremely useful and user friendly Interface. My loan got approved very smoothly