Comparison of P2P lending Platform in India

I have been actively following the P2P market in India.Having tried some of the platform with my own money I was able to short list some of the most consistent players.One big factor I consider while investing is ,how open the platform is in sharing its loan performance data .I have compiled the loan performance of my top 3 platforms.

I have caluclated the expected payoff as the determining factor to invest in a category of loan.

Expected Payoff = Average return* Probability of non default- Principal * probability of Default

basically it tells you how much you will make in the long run for a given default rate in a category:


I2I Performance:

As it is evident Category  D and E have performed best with average  expected payoff of 17.5%



Faircent highest performance has been in the medium risk category.The result across categories show less variation compared to I2I


Lenden Club has been a winner with great returns in the High and Unidentified Risk.Unidentified risk are generally 2 months loan given to salaried people

Some other factors need to be considered  during  investing apart from just returns:

  • Tenor of Loan
  • Type of borrower:Purpose,details of documents submitted,cibil report,gender
  • Amount of investing in one loan



P2P portfolio 6 Months performance

I  have been reviewing multiple P2P platform and been investing in 3 platform:

  • I2I
  • Faircent
  • Lenden Club.

6 months Performance of my portfolio:


As it is evident  I have made around 20% return pretax which is not bad.

Defaults up till now = 0

EMI in delay = 1000

I2i lending I use to lend to mostly people working in government firms who I feel have stable job and low correlation with economic changes in the world.

Ticket size:5000

I always use 5000 Rs to stay diversified across multiple borrowers



My Lenden portfolio has given me higher return compared to other platform.One reason is I use this platform to give 2 months high interest loans.The risk is higher but minimum ticket size is small(500) which helps me to diversify. Secondly due to short term loan churn is very high and if I see economy going bad or higher delinquency I have control over the book.

All investment are given to salaried people.


Return from Faircent is in between I2I and Lenden. Majority of borrower are in business segment. In future I will like restrict my exposure to business group and will diversify to other platforms.


Another P2P platform I tried was Lendbox. Minimum investment is 10000 which is high because RBi restrict total investment to 10 Lakh which means I can do max 100 investments which is low.

I am in the process of trying Monexo and will update with the performance!