How it Works

i2i is a Peer to Peer Lending (P2P Lending) market place where an individual can borrow money at a desired rate of interest and an investor can lend to retail borrowers at an interest rates up to 30% and for the FIRST TIME get an opportunity to earn high returns, earlier available to banks, NBFCs etc. For seamless operations, entire loan funding process is digitized and is transparent, quick and easy.

Want a Loan ?

Want To Invest ?

Want a Loan ?

  • 1
    Register as Borrower
  • 2
    Evaluation of Loan by i2i Application
  • 3
    Loan Approval by i2i & Interest Rate & Risk Category Asign
  • 4
    Loan Amount Funded
  • 5
    Physical Verification & Loan Agreement Signature
  • 6
    Disbursal of Money Direct to Bank Account
  • 7
    Repayment of Loan Through NACH to Escrow Account

Want To Invest ?

  • Register as Borrower
    1
    Register as Investor
  • Evaluation of Loan by i2i Application
    2
    Review “Active Borrower” List of Profile
  • Loan Approval by i2i & Interest Rate & Risk Category Asign
    3
    Invest Money in a Desired Loan Project
  • Loan Amount Funded
    4
    Loan Amount Funded
  • Physical Verification & Loan Agreement Signature
    5
    Physical Verification & Loan Agreement Signature
  • Disbursal of Money Direct to Bank Account
    6
    Transfer Fund to Escrow Account
  • Repayment of Loan Through NACH to Escrow Account
    7
    Receive Monthly Payment from Escrow Account

Want a Loan ?

  • Register at i2i for Free - No Upfront Fee

    You need to register at i2i to participate in any transaction. Registration is free for all users. To register, please fill in your personal details and create a login id. As part of registration process, your email id and mobile number will be verified. Post successful registration, you will be assigned a Relationship Manager and you will have access to more functionality. To start financial transactions, you need to either create a borrower or an investor account as per your requirement.

  • Create a Borrower Account

    To create a borrower's account, please fill a simple and easy online form regarding your loan requirement, personal details, employment history and financial details along with scan of self attested copies of required documents. You may also opt to have a co-borrower which might be helpful in getting faster loans at better rates. To increase your chances of funding, please fill in 'optional' fields as well. A one-time listing fee of Rs. 100 is levied at this stage.

  • Interest Rate for Borrowers

    i2i helps the borrowers and the investors in setting the interest rate. Using our proprietary Credit Score Model, our team recommends an interest rate for each loan based on its credit risk. A borrower can borrow at an interest rate which is higher than or equal to this rate.

  • Post the Loan

    A borrower can post the loan at an interest rate higher than or equal to the i2i Recommended Interest Rate. During the listing period, the borrower will have option to increase the interest rate to provide higher returns to attract investors. Once interest rate has been increased, the same rate will also be applicable to the investors who have already made the commitment.

  • Loan Gets Funded

    To mitigate investment risks, a loan is funded by multiple investors. All the investors for a particular loan will enjoy same interest rate to avoid any speculation and should lead to fair discovery of market based assessment of borrower's risk profile.

  • Physical Verification and Signing of Legal Contract

    Once a loan is closed by the Borrower, i2i may conduct physical verification of the borrower along with matching the uploaded documents with hard copy / ID proof. In case of any discrepancy, the transaction will be cancelled along with severe penalty on the borrower which includes barring him / her for carrying out any new transaction at i2i.

    Investors will also be duly informed of outcome of verification. Upon successful verification, the borrowers and the investors will sign a loan agreement which is a legally binding document enforceable in the court of law.

  • Borrower - Receive Funds

    Once the loan has been closed, requisite documents have been collected, verification process has been successfully completed and the Loan Agreement has been signed, investors are obligated to transfer the money to the Nodal Escrow Account (Non-interest bearing) for disbursal. Money from Nodal Escrow account is transferred to the borrower’s bank account on next working day. Post this the borrower needs to update the status on the portal for record keeping.

  • Repayment of EMIs and Loan Closure Certificate

    A complete repayment schedule will be provided to the borrower. Any delay or default will attract severe penalty. Borrower may also prepay the loan without any pre-payment charges. Once total loan amount has been repaid as per the given schedule, a loan closure certificate will be issued to the borrower.

Want To Invest ?

  • Register at i2i for Free - No Upfront Fee

    You need to register at i2i to participate in any transaction. Registration is free for all users. To register, please fill in your personal details and create a login id. As part of registration process, your email id and mobile number will be verified. Post successful registration, you will be assigned a Relationship Manager and you will have access to more functionality. To start financial transactions, you need to either create a borrower or an investor account as per your requirement.

  • Create Investor Account

    To create a borrower's account, please fill a simple and easy online form regarding your loan requirement, personal details, employment history and financial details along with scan of self attested copies of required documents. You may also opt to have a co-borrower which might be helpful in getting faster loans at better rates. To increase your chances of funding, please fill in 'optional' fields as well. A one-time listing fee of Rs. 100 is levied at this stage.

  • Investor's Wallet

    After successful creation of investors’ account, your Wallet will be activated along with your brief profile and investment preference.

  • Invest in a Loan

    An investor can can commit to lend a single or multiple borrowers. Before making the commitment, key information of a borrower including his / her i2i report (covering detailed risk analysis) will be available. Once commitment has been made, the investor will have access to further documents as uploaded by the borrower. Any time before deal closure, the investor and the borrower can interact and clear their doubts through i2i messaging system.

  • Loan Gets Funded

    To mitigate investment risks, a loan is funded by multiple investors. All the investors for a particular loan will enjoy same interest rate to avoid any speculation and should lead to fair discovery of market based assessment of borrower's risk profile.

  • Physical Verification and Signing of Legal Contract

    Once a loan is closed by the Borrower, i2i may conduct physical verification of the borrower along with matching the uploaded documents with hard copy / ID proof. In case of any discrepancy, the transaction will be cancelled along with severe penalty on the borrower which includes barring him / her for carrying out any new transaction at i2i.

    Investors will also be duly informed of outcome of verification. Upon successful verification, the borrowers and the investors will sign a loan agreement which is a legally binding document enforceable in the court of law.

  • Investor - Transfer of Finances

    Once the loan has been closed, requisite documents have been collected, verification process has been successfully completed and the Loan Agreement has been signed, investors are obligated to transfer the money to the Nodal Escrow Account (Non-interest bearing) for disbursal. Money from Nodal account is transferred to the borrower’s bank account on next working day.

  • Receive Monthly Payments - Keep or Reinvest

    An investor can utilize the repayment amount as per his / her wish. He / she has an option to reinvest or keep the money with him. The investors will also receive an income statement for tax computation purposes.