India's Emerging Peer-to-Peer Lending Company

P2p Lending: The New Investment Vehicle That Is Creating Industry Shockwaves

What is P2P Lending?

Even though global P2P lending is around since 2005, according to some financial regulators, there still isn’t an exact legal definition for peer-to-peer lending, but the World Intellectual Property Organization (WIPO) terms P2P lending simply as a practice of lending or borrowing money from one private entity to another private entity, they might or might not be regulated by government oversight. It also goes by the names of ‘social lending’ or ‘crowd lending’.

In India, the market was earlier unregulated, but now the Reserve Bank of India has published guidelines on regulation of P2P lending. The good news being final guidelines are in place as there are about 30 peer-to-peer lending platforms in India awaiting license. RBI did issue a guideline classifying peer to peer lending platforms as NBFC-P2P.

BigWin Infotech’s became the first in India to get the nod from RBI to set up their NBFC-P2P for peer-to-peer lending.

Seeking inspiration from ‘Digital India’, The Company’s founder Mr. Rajiv M Ranjan was involved in major path breaking banking projects like the Cheque Truncation System (CTS), Real Time Gross Settlement System (RTGS), National Electronic Fund Transfer (NEFT) and Negotiated Dealing System (NDS). He has been an active participant in initiatives of institute of Development and Research in Banking Technology (IDRBT). Rajiv’s expertise comes from his 18 year experience in technology as well as banking sector which started from a degree in Computer Science Engineering to Indian Institute of Management, Calcutta (IIMC).

With the flexibility in rate of interests, it is not only beneficial to the borrowers but with high returns and risk cutting helps the lenders too.

The real reason peer-to-peer lending has caused majorly positive ripples in the finance world is because unlike traditional means of borrowing where the lender holds most of the authority and power of decision making regarding the distribution of their funds (often depending on risks and previous debts of the lender), P2P provides all-purpose funding for everyone with open doors. Although having a good credit score will help you get a better rate of interest on unsecured loans.

P2P lending with its innovate approach has a huge potential in the Indian market, especially since India is self-assured to be a USD 4 billion economy by 2022. This is also one of the factors why NBFC sector has shot up drastically in recent financial years, contributing to almost 10% of total share in the entire financial sector. Bright things are ahead, where you won’t have to compromise on your passion and pursuits with silly reasons like lack of capital!

The NBFC wave is well received among lenders worldwide since one doesn’t have to be a high roller or an exuberantly rich person to be a lender. Freelancing individuals with no fixed monthly income or even small time business owners can participate in the large lenders community and feel right at home. The most attractive aspect of NBFC for the lenders is that they can simply invest once and reap benefits for months to come.

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PaisaDukan is a solely owned marketplace of BigWin Infotech which is duly recognized by the Department of Industrial Policy and Promotion(DIPP), Government of India. PaisaDukan is into the business of Peer to Peer (P2P) lending. PaisaDukan is an online platform which connects borrowers and lenders for loans. Although PaisaDukan verifies credentials of registered users on the site, it does not guarantee any loan offers by lenders nor does it guarantee any repayments by borrowers. Users make offers/loan requests at their own discretion with the understanding of the risks involved in such transactions including loss of entire capital and/or no guarantee of recovery. Please read our Legal agreements to understand more.


The RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any statements or representations made or opinions expressed by the company and for repayment of deposits / discharge of liabilities by the company.

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