Grievance Redressal Mechanism

The company commits and assures to provide the best possible recourse to resolve the grievance. Below are the steps which the customer needs to take for resolving his/her grievances:

Step 1:

As the company operates through a web based p2p platform, the customer needs to lodge a complaint/grievance by sending a mail to cs@lendenclub.com with subject line “Complaint & Grievance Register”. The company shall respond to the complaint within 15 working days, from the date of receipt/lodgement of complaint. The company on receipt of the complaint shall examine the same and accordingly communicate in writing/email/phone, its response on the same to the customer or else suitable justification shall be provided in case the resolution of the complaint requires more than the time stipulated above.

Step 2:

If the customer is still not satisfied with the response received, or if the customer doesn’t receive any response within 15 working days, then the customer can write, mail, fax or call to the Grievance Redressal Officer of the company as mentioned below: –

Mr. Pratik Kharel
Unit No. 5, Mezzanine Floor, DLH Park, SV Rd
Goregaon West, Mumbai – 400 062.
E-mail Id: cs@lendenclub.com

Contact Number: 022 48913091

After examining the matter, customer grievance/complaint shall be resolved within 15 working days.

Step 3:

If customer complaint still remains unresolved and is not redressed within a period of one month, the customer may approach the regulatory authority of Non-Banking Financial Companies, i.e. Reserve Bank of India for redressal of customer complaints at the below address:

Centralised Receipt & Processing Centre (CRPC) 

Reserve Bank of India

4th floor, Sector 17, Chandigarh – 160017

Toll Free Number: 14448

Email : crpc@rbi.org.in