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Tushar Mishra

Founder & CEO - Medi... • 6m

Hello investors, I have an idea for all of you. We want to create an app that will connect lenders and borrowers together through our platform. The two ways to sign up in this app will be first as a lender and second as a b

VIJAY PANJWANI

Learning is a key to... • 6m

5% monthly?

2 Replies

Replies (2)

VIJAY PANJWANI

Learning is a key to... • 6m

loan minimum tenure and maximum tenure?

Tushar Mishra

Founder & CEO - Medi... • 6m

No, 5% of the total loan amount. Fir example if someone takes a loan of 1 lakh then the intrest would be 5000 and we will charge only 1000 on it. Depending upon the time of repayment if the borrower delays then extra intrest will be charged from him and we will also give a credit score to the borrowers by which the lendors will know about the past records of the borrowers.

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