Hello bro! Even though there's risk in P2P platforms, Mobikwik can be trusted because your money is lent only to the creditworthy people and your money is split into small chunks thus reducing the risk of loss. Personally using it for more than 6 months and it's been crediting the interest daily without fail and tried withdrawal once. Got my money in just one hour. Hope this helps.
Thanks for sharing your experience.
Offcourse there is risk of P2P lending is involved here too like other platform. But about similar platform BharatPe 12% - there are many user complaints of delayed/stuck of withdrawals.
JAYM wrote:Thanks for sharing your experience.
Offcourse there is risk of P2P lending is involved here too like other platform. But about similar platform BharatPe 12% - there are many user complaints of delayed/stuck of withdrawals.
Thats user luck, i withdraw every week with no issues from both 12% and mobikwik. But i withdrew all from 12% because of current unstability in that. Also if the users were credit worthy, they would not be taking loans at 20%+ from these platforms, so the risk is definitely there. But since the amount is split, the risk is distributed. Keep in mind that you can lose 5-10% of investment and invest accordingly.
legend101 wrote:Could you please elaborate more on "current unstability"? Any report published by P2P platforms?Thats user luck, i withdraw every week with no issues from both 12% and mobikwik. But i withdrew all from 12% because of current unstability in that. Also if the users were credit worthy, they would not be taking loans at 20%+ from these platforms, so the risk is definitely there. But since the amount is split, the risk is distributed. Keep in mind that you can lose 5-10% of investment and invest accordingly.
JAYM wrote:Large amount of wothdrawls due to this post. Thats why they opened taking deposits again after month of hault.
Could you please elaborate more on "current unstability"? Any report published by P2P platforms?
😳 Ashneer's comment may create panic to investors.
Thanks for sharing.
As per past history with mobikwik, it's 100% not safe.
I have invested 20 lakhs + 20 lakhs (wife account ) in cred and mobikwik.I withdrew from bhartpe in both accounts and got my 20 lakhs back in 2-3 days. So until anything big happens I will stay invested.
DM for referral
getting good monthly passive income of 35k approx.(previously getting 40 k)
arko1983650 wrote:I have invested 20 lakhs + 20 lakhs (wife account ) in cred and mobikwik.I withdrew from bhartpe in both accounts and got my 20 lakhs back in 2-3 days. So until anything big happens I will stay invested.
referral— DDSSUJ for mobikwik xtra.
getting good monthly passive income of 35k approx.(previously getting 40 k)
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arko1983650 wrote:I heard the Limit is Only 10Lac for P2P according to RBI!I have invested 20 lakhs + 20 lakhs (wife account ) in cred and mobikwik.I withdrew from bhartpe in both accounts and got my 20 lakhs back in 2-3 days. So until anything big happens I will stay invested.
DM for referral
getting good monthly passive income of 35k approx.(previously getting 40 k)
arko1983650 wrote:loot hi lo bas 😡
use different apps .no need for net worth certificate
arko1983650 wrote:
use different apps .no need for net worth certificate
Across all p2p platforms it's 10L in total. Not per app.
"The amount lent can be a minimum amount of Rs 500-750. The maximum amount per lender is capped (in the aggregate) across all P2P platforms at Rs 50,00,000. However, if a lender lends above Rs 10,00,000, a certificate from a practising Chartered Accountant certifying minimum net-worth of Rs 50,00,000. "
I am using that way nobody asks for net worth certificate.
Watch this and you decide.
Yasar-Arafath wrote:Hello bro! Even though there's risk in P2P platforms, Mobikwik can be trusted because your money is lent only to the creditworthy people and your money is split into small chunks thus reducing the risk of loss. Personally using it for more than 6 months and it's been crediting the interest daily without fail and tried withdrawal once. Got my money in just one hour. Hope this helps.
For bharatpe
The average rate of interest is 1.67% per month, which makes it the best loan option available for shopkeepers in the country.
Yes - you can invest upto 10L
No - you can invest more than 10L (upto 50L across all P2P platform), you need to provide "Net worth certificate".