At LenDenClub, we charge the following fees from Lenders.
LenDenClub charges Rs. 500 as one-time, non-refundable registration fee from lenders.
This fee will only be charged if you receive EMIs. The commission charged is 1% on ROI of upto 25%, 1.5% on ROI between 26% – 35% and 3% on ROI above 35%.
For instance, if the ROI is 25%, we will charge 1% as Facilitation Fee and you will make 24%, if the ROI is 35%, we will charge 1.5% and you will make 33.5% and if the ROI is 48%, we will charge 3% and you will make 45%. You can view the calculation in details here.