What is Peer to Peer Lending License?

Peer to Peer lending is a method of debt financing under which individuals can lend or borrow money without the involvement of any financial institution as an intermediary. Peer to Peer lending companies is regulated by the Reserve Bank of India. They operate online involving low overhead cost. It is proving profitable for lenders as well as borrowers in such a way that lenders can earn higher rate of interest while borrowers can borrow at lower rate of interest.

P2P lending platforms are technology driven companies which are registered under the Companies Act. They act as an aggregator between lenders and borrowers. On P2P lending platform, lenders and borrowers register themselves on the website. Thereafter P2P lending platform carries out due diligence and approve the applications for participation in lending/borrowing activity.

For carrying out a P2P lending business, one has to obtain license from the Reserve Bank of India. For obtaining a P2P lending license, a proper application is filed with the authority along with the necessary documents by the expert professionals.camunim has a team of professionals who have expertise in this field, so if you’re interested in obtaining P2P lending license then you can contact us.

What are the basic requirements for obtaining Peer to Peer Lending License?

• Single Point Registration Scheme
• Performance and Credit Rating Scheme
• Consortia & Tender Marketing Scheme
• Raw Material Assistance
• National Scheduled Caste and Scheduled Tribe Hub
• Marketing Intelligence Services, etc.



The NSIC envisions becoming the leading organization to support and promote Indian MSMEs by offering them technological, marketing, financial, and other allied services.

What are the documents required for obtaining NSIC Registration in India?

If you are eligible for getting registering your business under NSIC, then you need to prepare and submit the following documents to the concerned authority:

• Particulars of plant & machinery such as the date of purchase, the original value of the asset, etc.
• Company's Certificate of Incorporation
• MOA and AOA of the company
• Ownership Documents that must be self-attested
• Declaration from the Director or Proprietor that they do not have any connection with the large-scale unit
• Banker's Report related to the financial status of the applicant
• List of the raw material and finished goods
• Copy of the Pan Card
• Audited Balance Sheet, Trading Account, P&L
• List of cities or places where the services must be available
• Items for which registration is available.
• Copy of BIS (Bureau of Indian Standards) License, if applicable
• Copy of ISO 9000 (which is optional)
• Form 'A' obtained from the Registrar of Firms showing the partners' names
• Test report from Independent lab, as applicable.
• Other documents, as requested by the authority.