Lending Money Now Becomes Safer and Easier

Posted by Riyan Singh
5
Feb 5, 2015
547 Views
Image Do you have surplus money? Are you thinking to make an extra buck by lending money? Well, here’s the place to be – Lbcircle.com. A money lending and borrowing process made easy and comfortable by using online peer to peer lending platform.
Money Lender

Eligibility to become a Lender:

1.    You should be a resident of India
2.    You should have a pan card of your own.
3.    You should be of at-least 25 years of age.
4.    You should have a minimum income of 6 lacs per annum.
5.    You should have a valid bank account in India.
6.    You should agree to the policies and code of conduct by LB circle for lenders.

Once you fulfill all the pointers in the eligibility criteria, you can begin the process of starting to lend. For this you need to follow simple steps:

1.    Registration: The first step is registering yourself with LB circle. Once you have registered yourself, you need to create a profile for yourself with the essential documents required. Once you have created your profile and submitted the necessary documents, LB circle gets your details verified from a third party agency. After this is done, your profile is created and ready to use.

2.    Make Portfolio: Once your profile is created, you can start the money lending process. The best part about a platform like this is that you decide who you would be lending money to. So borrower profiles are shared with you for viewing, scrutinizing and finalizing which ones you would like to lend to. Once you have shortlisted those people, you can actually meet them and decide upon the terms and conditions.

3.    Start Earning: Once both the borrower and lender agree to the terms and conditions, you can actually lend money and start earning the interest from the first month itself.

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