Process of Registering as a Lender on Simple Hub India
Registering as a lender on the Simple Hub India Lender App is a straightforward process designed to connect potential lenders with borrowers seamlessly. To begin, interested lenders need to download the Simple Hub India Lender App from the Play Store and sign up their basic details. The registration process requires verification, and pay an activation charge of ₹1000/-. Once submitted, the verification process typically takes up to 48hours, after which the lender's account is activated, allowing them to start the lending money to borrowers of their choice. Lenders have full control over loan terms, interest rates, and borrower selection, ensuring a flexible lending experience.
The platform is open to individuals above 22 years old, registered organizations, loan agents, and even unregistered lenders or local individuals who can lend money. However, there are certain limitations Simple Hub India does not interfere in loan agreements, verify borrower credit profiles, or take responsibility for repayments. Lenders and borrowers must directly negotiate loan terms, sign an agreement, and upload it to the app for transparency. With its easy registration process, secure lending environment, Simple Hub India Lender App provides a convenient marketplace for lenders to expand their financial opportunities.