Question 1

What is Lendcord?

Accepted Answer

Lendcord is a technology platform and channel partner. We are not a bank, an NBFC, or an RBI-registered NBFC-P2P. We provide the app, KYC, and dashboard — actual lending and investment activity is carried out by our RBI-regulated partners, including our RBI-registered NBFC-P2P partner.

Question 2

What is P2P lending?

Accepted Answer

Peer-to-peer (P2P) lending lets investors lend directly to eligible borrowers through an RBI-registered NBFC-P2P platform. On Lendcord, this is facilitated by our NBFC-P2P partner — see our Partner Disclosure for details.

Question 3

Is P2P lending regulated in India?

Accepted Answer

Yes. P2P lending in India requires an NBFC-P2P license from the RBI. Our NBFC-P2P partner holds this registration; Lendcord itself does not, and is not the regulated entity.

Question 4

Who can borrow through Lendcord?

Accepted Answer

Eligibility depends on the lending track and is set by our regulated partner. See our Borrow via P2P Partner and Borrow via LSP Partner pages for the specific criteria that apply to each track.

Question 5

Who can invest through Lendcord?

Accepted Answer

Investor eligibility is determined by our RBI-registered NBFC-P2P partner, as part of their onboarding and KYC process.

Question 6

How much can I earn by investing through Lendcord?

Accepted Answer

We don't display a fixed or expected return figure. Interest earned depends on the individual loans in your portfolio and is subject to borrower repayment behaviour and credit risk. Your dashboard tracks interest earned and net returns as they occur — past performance is not a guarantee of future returns.

Question 7

How are my funds protected?

Accepted Answer

Investor funds and loan disbursements may be routed through escrow accounts or other RBI-compliant mechanisms operated by our NBFC-P2P partner, in accordance with RBI's NBFC-P2P regulations. Lendcord does not hold customer funds.

Question 8

What happens if a borrower doesn't repay?

Accepted Answer

Peer-to-peer lending carries credit and repayment risk. Our NBFC-P2P partner manages collections and recovery in line with its own policies and applicable RBI regulations; Lendcord does not guarantee repayment or capital protection.

Question 9

What fees does Lendcord charge?

Accepted Answer

Lendcord's own technology/platform fee is disclosed before you invest or accept a loan — see our Pricing & Service Fee Disclosure. Charges like interest rate, processing fee, and penal charges are set separately by the regulated lending partner, not by Lendcord.

Question 10

Where is Lendcord located?

Accepted Answer

Registered Office: A-64, Sector-65, Noida, Uttar Pradesh, India, 201301.

Question 11

How can I delete my account on Lendcord?

Accepted Answer

Write to our support team at support@lendcord.in and we'll process your request in line with our Privacy Policy.

Question 12

What if Lendcord stops operating?

Accepted Answer

Loan and investment agreements are signed directly between the regulated lending partner and the respective borrower or investor, so they remain valid independent of Lendcord's role as technology platform.

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How It Works

Two Ways to Use Lendcord

Borrow

Invest

Built for transparency, not guesswork

Two Regulated Tracks. Always Clearly Identified.

Frequently Asked Questions

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