💸 Invest wisely and watch your wealth💰 grow ⬆ like the blessings of Lord Ganesha
📈 Higher returns on your investments : 0.21% Extra Earnings in any fixed scheme
🙏 Bappa’s Blessings: Let the divine hand guide your success.
💰 Limited-time bonus for investors: Offer Valid :- 15th September to 30th September
Don’t miss this opportunity to grow your wealth with Ganesha’s blessings! 🚀
Wishing you a wealth-filled Ganesh Chaturthi!
We are bringing this unique offer to you in association with our partner Credit Fair Capital from their P2P investment platform.
Peer-to-peer lending is a form of direct lending of money to individuals or businesses without an official financial institution participating as an intermediary in the deal. P2P lending is generally done through online platforms that match lenders with the potential borrowers.
The Reserve Bank of India (RBI) indeed recognizes and regulated peer-to-peer (P2P) lending platforms in India and issues NBFC-P2P license to the company.
Any individual entity can lend up INR. 50 lakhs across all P2P lending platforms, where as it can borrow loans up to 10 lakhs INR.
Income from P2P lending is basically interst income. Hence this income is classified as 'Income from Other Sources'. And it is taxable in your current tax slab. However there is no TDS deduction at source.