IndiaMoneyMart (IMM) is a P2P lending and borrowing platform where its registered lenders offer affordable unsecured loan to its registered borrowers/loan applicants. Loans start at 12% per annum and we offer returns exceeding 25% per annum to our lender. IndiaMoneyMart (IMM) is a technology enabled P2P lending platform, a pathbreaking financial innovation leveraging the digital revolution in recent times. It’s uniqueness lies in offering a transparent and autonomous platform to lenders and borrowers to independently arrive at mutually acceptable terms of loan. From registration to disbursement, the entire process has been automated and digitalized with minimal human intervention. How to lend money on IMM: 1.Create Lender Account 2.Pay the Registration Fee 3.Upload your documents (PAN Card) 4.Assess the Borrower’s profile before lending 5.Send loan proposals and receive monthly EMI payments 6.Receive periodic updates on the app How to apply for loan on IMM: 1.Create Borrower Account 2.Pay the Registration Fee (Partially Refundable, if application is rejected) 3.Upload relevant documents - PAN Card, Aadhar Card, Bank statements, Credit card statements, Salary Slips (if applicable) 4.Accept or Reject the loan proposals upon listing 5.Receive your loan once you are funded by 70% to more 6.Repay EMIs on time and receive updates from us Charges: We charge an upfront one-time registration fee of INR 1,000 + GST from lenders and borrowers. Additionally, if the loan application receives successful funding then the borrower is expected to pay transaaction fee ranging from 2% to 4% of the loan amount to be disbursed. We charge a lender management fee of 1% per INR 1Lakh invested by the lenders. We do not have any hidden charges apart from the ones mentioned above. The fee includes document verification, identity verification and loan assessment charges. There are no hidden charges except the ones mentioned here.