Once the Investors approves the request the amount instantly gets credited into their LenTM Pockets. One have the feasibility move the funds to desired bank accounts based upon their interest.
Questions? We have answers
How many days it will take to have my profile listed?
It will take maximum of three days to have your profile listed once all the documents are verified offline mode.
What are the documents required for listing?
We only ask three documents, PAN card, Address proof document and latest 3 months bank statement.
Are there any other parameters used beyond my CIBIL score?
Apart from mandatory CIBIL score, we also deploy social and behavioural analytics to map the risk profile of borrowers.
When can I start posting my loan requirements?
On registration, you can browse through the system to understand how it works. On profile activation, loan requirements posting can be started immediately and profile activation completion is dependent on verification in offline mode.
Can I change my Bank account details?
Yes, at any point of time during loan tenure bank account can be changed with nominal charges.
How do I get notified about monthly EMIs?
Once your loan is active, the system will send automatic remainders via SMS, WhatsApp and email so that you are aware of timelines and ensure adequate funds in the account.