Unpleasant but true. In 75 years of their working, banks have failed to address more than 15% credit needs of the urban population globally.
Given the lack of adequate financial track record, the majority are not getting access to credit at a rate that is moderate and serviceable. At i-LEND, we believe the availability of credit should not be limited by narrow work flow walls. We are India’s first technology driven marketplace for loans, redefining the conventional lending -borrowing model.
Revolutionising the Indian money market, i-LEND has made access to credit at affordable rates of interest a reality by building a platform for people to strike an ideal deal. The various viable lending options provided by i-LEND has opened new avenues for lenders to effectively manage their financial portfolio.
i-LEND charges a fixed transaction fee for the services it offers. Since the transactions are directly between the members, lenders earn high returns and borrowers get low-rate loans.