For many people investing money online would be an absolute dream come true. The crazy thing is investing money online isn’t a pipe dream.
Presenting Peer to Peer lending!
The website facilitating P2P lending services are essentially a financial matchmaker, helping borrowers and lenders find each other on an Online Lending marketplace, without any banking mediation.
These online credit marketplaces are a way of connecting borrowers with individual and institutional investors. Borrowers register to look for investors, and investors sign up to become Online money lenders, to enjoy return on investment (ROI) that is higher than what's available with traditional investment options such as savings accounts, fixed deposits, term deposits and other market-linked investments.
How to Invest Money?
2- View Loan Listing
3- Invest in your choice of Loans
4- EMI Profit Realization
5- Further Reinvestment
With dozens of peer-to-peer lending platforms currently on the market, it can be tricky to Invest Money Online and separatin the good from the bad. To begin with, look for a platform registered with Reserve Bank of India. It will give you a quick credibility check.