Apply Short Term Finance at Lowest Interest Rates

In a larger set forms of loans out there within the market, an individual opts a short term loan for style of reasons to finance his temporary working capital needs. A short-term loan, is that type of loan which has a maximum limit of up to ₹2 lakhs that is to be repaid in a short period of a year or more, but not […]

The Documentation Process

Once there is a primary understanding between the Borrower and Lender, the legal documentation process needs to be completed. The legal documentation has been standardized by AntworksMoney and shall have to be complied fully to complete the transaction. Unless the documentation is completed in all respect the lender shall not […]

The Process for fixing Rate of Interest

The interest rate on the loan is calculated dynamically based on the agreed rate of interest between Lender(s) and the Borrower. Since, the loan requirement may be fulfilled by more than one Lender; different interest rates may be applicable for the amounts funded by each lender. The EMI for each […]

Pre-Payment Of Loan

A borrower can choose to pre-pay the entire loan amount without any penalty after six months from the date of disbursal of the loan. Prior to six months, pre-closure can be done after paying prepayment penalty @ 5% in addition to interest due till the date of payment to lender. […]

Fees

Antworks Money P2P Marketplace does not charge any fee for Registration which is completely free for Borrowers, Lenders and Financial buddies. Our Loan Origination fees are broadly divided in three categories: Service Description Frequency Who Pays How it is recovered How much Verification Services One time Borrower Paid directly to […]

DOCUMENTS REQUIRED AT TIME OF COMPLETION OF TRANSACTION

  1 Photographs 2 copies 2 Identity Proof (any one of the following) ·         PAN Card ·         Adhaar Card ·         Voter ID ·         Passport 3 Date of Birth Proof (any one of the following) ·         PAN Card ·         Passport 4 Signature Proof (any one of the following) ·         PAN Card […]

Borrowing or Lending Money Process on P2P Platform

Antworks Money P2P loan Services have reengineered the Process of loan Origination without seeking to do away with any of the steps involved in traditional way of loan origination. On Antworks Money, visitors, as per their requirement, can register as lenders or borrowers. The registration process is completely free and […]

Who are Lenders on our Market place?

Unorganized lending is prevalent in India for centuries. This is done by local moneylenders, traders and HNIs. Antworks Money P2P loan services bring all these unorganized players on the marketplace and enables them to lend to credit worthy borrowers in a transparent and fair manner. In addition, some organized players […]