lendsocial

Lending & Borrowing Made Safe, Compliant, and Transparent

Our platform operates under the RBI NBFC-P2P guidelines. To ensure responsible participation and a secure lending ecosystem, all lenders and SME borrowers must meet the following eligibility requirements.

Who Can Lend?

Individuals and organizations who meet the criteria below can lend to SMEs on our platform.

Must be 18 years or above
Valid PAN & Aadhaar
Must complete KYC verification
Active bank account in your name
Lending within RBI-defined exposure limits:
Total lending across all P2P platforms: up to ₹50 lakh
Maximum exposure to one borrower: ₹50,000 across all P2Ps
If total lending > ₹10 lakh, income proof / net-worth declaration required

Valid business registration documents
PAN, bank account & authorized signatory proof
KYC of authorized person
Board resolution (if applicable)
Net-worth declaration as per RBI norms

Only own funds allowed — no pooled or third-party funds
Returns are not guaranteed; lending carries risk of borrower default
Funds must move through verified bank accounts & escrow

Eligibility for SME Borrowers

Who Can Apply? Growth-focused SMEs seeking short-term working capital or business expansion financing.

Basic Eligibility

Requirement	Minimum Criteria
Business Type	Proprietorship, Partnership, LLP, Pvt. Ltd., OPC
Business Duration	Ideally 2 years (1 year on case-basis)
Annual Revenue	Minimum ₹20 lakh (flexible based on profile)
Banking History	12 months bank statements
Promoter Credit Score	650+ preferred (flexible if cash-flows strong)
Loan Purpose	Strictly for business use only
Collateral	Not required (unsecured SME lending model)