Hassle free loans with P2P Platform

Avail a loan expeditiously for all your personal & business requirements at competitive interest rates & flexible repayment schedules.

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How it Works?

A digital peer-to-peer lending platform providing a marketplace for lenders to evaluate borrower loans put up for funding, and fund those loans at risk-weighted rates of interest

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Inclusive Digital Lending Platform

A scalable, digital peer-to-peer lending platform that enables borrowers to get loans at competitive terms, and enables lenders to earn risk-weighted rates of interest on their funding

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An Inclusive Digital P2P Lending Solution

Accessible Financing:

P2PL platform provides an alternative source of financing for borrowers who may face challenges accessing traditional loans from banks or financial institutions. It opens up opportunities for individuals and small businesses to secure loans.

Quick Approval and Disbursement:

P2PL lending process is streamlined, allowing for quicker approval and disbursement of loans compared to traditional lending channels. Borrowers may receive funding faster, which can be crucial for addressing immediate financial needs.

Flexible Loan Terms:

P2PL platform offers flexible loan terms, to meet borrower’s repayment capability. Borrowers have the flexibility to choose loan amounts, and repayment schedules that suit their financial circumstances.

Diverse Borrower Profiles:

P2PL platform serves a diverse range of borrowers, including individuals, entrepreneurs, and small businesses. It accommodates varying credit profiles, connecting borrowers with lenders willing to support their loan requests.

Online Application Processing:

P2PL platform offers a simplified online borrowing process. Borrowers can conveniently submit loan applications, documentation from anywhere, reducing the need for extensive paperwork and in-person visits.

Transparent Fee Structure:

P2PL platform provides transparent information about fees and charges associated with loans. Borrowers can review and understand the cost structure upfront, helping them make informed decisions.

Key Features of Our Solution

Innovative Loan Products

Products designed to meet the perceived needs of various types of borrower. Easy process to define new products quickly to meet any changing borrower requirements.

AI/Machine Learning

We utilize in-house AI & ML based documentation analytics for faster loan processing & decision making - bank statements, credit rating and verification.

Seamless and faster loan processing

Loan available with faster credit appraisal and risk profiling, and digital documentation of loan agreement

Agent Assisted Model

All in-person verification is carried out by local verifiers or facilitators. We provide Integrated an agent assisted sourcing, facilitation and repayment model.

Flexible repayment

Products are available with daily or monthly or quarterly or half-yearly or one-time repayment frequency options, to suit borrower repaying capacity

Language Support

This platform breaks down language barriers by offering multilingual support leading to superior and seamless customer experiences throughout their interaction.

How We Work

Borrower/Lender On-Boarding

Raising Loan Request

Risk Profiling/ Credit Evaluation

Loan Offer Generation

Loan Offer Acceptance

Loan Funding and Funding Acceptance

Loan Disbursement

Loan Repayment

Loan Closure

Who We Are

Headquartered in Bangalore, India, IMFAST Finfotech Private Limited (IFPL) is aspiring to become an NBFC-P2P offering peer-to-peer (P2P) lending in India.

IFPL plans to create a platform to carry on the business of P2P lending by providing loan facilitation and other related services through a web portal and/or mobile application which operates as a virtual P2P lending marketplace. Registered borrowers and registered lenders, as participants of such marketplace, will have the ability to interact and consummate loan transactions through such marketplace based on specified criteria set out by the platform within the regulatory ambit and subject to necessary approval by the regulatory authority.

IFPL has already obtained an in-principle approval from RBI, and is awaiting Certificate of Registration before it commences its operations.

IFPL is dedicated to establishing a premier marketplace for lenders and borrowers, characterised by expeditious deal processing within self-imposed Service Level Agreements (SLAs). The core focus is on nurturing transparency to foster trust among lenders and borrowers, all while minimizing operational overhead to deliver optimal benefits to both parties. The primary objective of IFPL is to bridge the gap between borrowers encountering challenges in securing funds through traditional lending platforms and lenders seeking opportunities for higher returns on their available funds. The platform endeavors to seamlessly connect these two segments of users. In its unwavering pursuit of excellence, IFPL places a paramount emphasis on adhering to the prescribed limits outlined in the Master Directions from RBI. Ensuring strict compliance with these regulations is a cornerstone of IFPL’s commitment to prevent any breaches. This dedication to maintaining the highest standards aligns seamlessly with its vision of creating a reliable and responsible platform that caters to the financial needs of both borrowers and lenders within a secure and regulated environment.

The promotors of the company have a strong expertise in operating IT enabled businesses, software development, and product innovations for over 4 decades. The promotors have a background in technology from pedigreed institutions such as IISc and IITs. They have developed world class technology products and solutions which are well accepted within the financial services firms. They have worked with NGOs, academicians and founded non-profit organizations in social enterprises as well.

Powered by this vast technological pool, iMFAST Finfotech’s digital P2P lending platform IF-P2P ensures a systematic, smart and secure loan transactions for all stakeholders.

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