any P2P service which is offering No Lock In Period for Deposits currently?
- 503
- 7
-
- Last Comment
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
6 Comments
|
5 Dimers
- Sort By
https://www.desidime.com/discussions/any-p2p-service-which-is-offering-no-lock-in-period-for-deposits-currently?page=1#post_10005231
There is a decrease in interest rates as well for short-term duration.
View 2
more replies
https://www.desidime.com/discussions/any-p2p-service-which-is-offering-no-lock-in-period-for-deposits-currently?page=1#post_10005454
RBI doesn't want P2P (backed by NBFCs) to portray themselves as better alternative than banking products like FDs.
Rather RBI instructed them to remain just a platform to connect lenders and borrowers.
RBI wants P2P startups to restrict themselves to operating as platforms connecting lenders and borrowers only and to stay away from building complex investment products.
- Source
https://www.desidime.com/discussions/any-p2p-service-which-is-offering-no-lock-in-period-for-deposits-currently?page=1#post_10006470
UNI Power offers it, incase if you want referral DM me:)
Click here to reply
Reply
RBI has barred them from offering instant withdrawal products. It's not upto them.